Sam Altman’s Worldcoin Rockets 40% Higher Since OpenAI’s Sora Launch – Crypto Investors Seek Altman’s Success
In a surprising turn of events, Sam Altman’s Worldcoin has experienced a staggering 40% surge in its WLD token value within the last 24 hours. This surge aligns with the launch of OpenAI’s text-to-video AI app, Sora, on February 15. While the projects are unrelated, the crypto community appears keen on associating Altman’s success with Worldcoin’s WLD token.
Worldcoin’s WLD token is currently valued at $7.44, marking an impressive 39.8% daily increase and an outstanding 185.8% surge over the past week, according to CoinGecko data. Notably, Worldcoin stands out as the sole crypto project directly linked to Sam Altman, the co-founder of OpenAI. This correlation suggests that crypto enthusiasts are seeking exposure to Altman’s success as OpenAI gains prominence with the launch of Sora.
Interestingly, the surge in Worldcoin’s WLD token is not isolated, as tokens associated with artificial intelligence projects, albeit unrelated to OpenAI, are also experiencing a positive trend. CoinGecko’s aggregated category of AI coins has witnessed an 11% increase in the past day and an impressive 40% surge in the past week. Standout performers in this category include SingularityNet, Fetch.ai, and Ocean Protocol.
Worldcoin, with its ambitious goal of creating a global ID system to combat bots, employs a unique approach involving a hardware device called the Orb. The Orb scans users’ irises to generate a distinctive “fingerprint,” known as the IrisCode, stored on Worldcoin’s blockchain. Despite its innovative approach, Worldcoin’s eye-scanning activities have faced scrutiny, leading to investigations by governments in Germany, France, Argentina, and Kenya. The discontinuation of the Orb verification program in certain countries further highlights the project’s challenges.
In contrast, Altman’s OpenAI has witnessed positive developments, particularly with the closed beta launch of the Sora text-to-video model. Demonstrating realistic emotions and seamless video transitions, Sora showcases OpenAI’s advancements in artificial intelligence. Recent reports indicate Altman’s efforts to secure substantial funding, ranging between $5 trillion and $7 trillion, to enhance global AI chip manufacturing capacity at OpenAI.
As the cryptocurrency market continues to evolve, Worldcoin’s surge, coupled with the broader success of AI-related tokens, underscores the dynamic nature of investor interests. Stay tuned for further developments in both the Worldcoin and OpenAI ecosystems.
In a surprising turn of events, Sam Altman’s Worldcoin has experienced a staggering 40% surge in its WLD token value within the last 24 hours. This surge aligns with the launch of OpenAI’s text-to-video AI app, Sora, on February 15. While the projects are unrelated, the crypto community appears keen on associating Altman’s success with…