Worldcoin token drops 5% amid Elon Musk's lawsuit against OpenAI
The price of Worldcoin's WLD token dropped approximately 5% amid news that Elon Musk has sued OpenAI and Sam Altman.
Keep up with what's happening in the crypto world in real-time.
The price of Worldcoin's WLD token dropped approximately 5% amid news that Elon Musk has sued OpenAI and Sam Altman.
Worldcoin's token had soared past $8 ahead of the news regarding the lawsuit by Musk.
WLD is considered a proxy bet on OpenAI, the Sam Altman-owned artificial intelligence company.
With the AI sector gaining space on the bullish highway, the AI coins are unstoppable. As the U.S. market witnesses NVIDIA stock rising, Wall Street is hesitant to bet against this ongoing buying spree in Artificial Intelligence.
Tools For Humanity, the developer behind Worldcoin, has acquired Solana-based digital wallet startup Ottr Finance.
Worldcoin‘s Tools For Humanity has acquired Ottr Wallet, a Solana-based digital wallet launched 18 months ago. Ottr Finance announced the acquisition on Thursday, with the startup's CEO Aleksei Zakharov noting in a blog post that the acquisition marks a new chapter for Ottr Wallet.
Worldcoin's main developer has acquired Solana-based wallet Ottr Finance as the project signs up hundreds of thousands of people each week.
A popular crypto trader believes that meme assets Dogecoin (DOGE) and Shiba Inu (SHIB) are gearing up for big moves to the upside. The pseudonymous analyst known as Altcoin Sherpa tells his 208,200 followers on the social media platform X that he is bullish on both DOGE and SHIB after their lengthy accumulation phases.
Palm-scanning ID project Humanity Protocol's fundraise included investments from Polygon's Sandeep Nailwal and Animoca's Yat Siu.
In the dynamic cryptocurrency landscape, each opened short position leaves liquidity pools behind, which can cause short squeezes. Therefore, traders can look for cryptocurrencies with an increased volume of shorts for potential pump opportunities.
One analyst on X is concerned about the long-term sustainability of Worldcoin (WLD), a project aiming to build a universal digital identity system. While acknowledging the project's innovative approach and recent upswing that has seen WLD more than 4X, the analyst thinks “Worldcoin will end in tears.
Worldcoin (WLD) is currently trading at $8.85, representing an over 253% price increase in the last 14 days.
Here's how some of your favorite assets concluded the week.
AI Tokens: Despite the broader market uncertainty, AI-focused crypto tokens are standing out as a high-performing category. This sector's resurgence gained significant traction with the launch of OpenAI's text-to-video generator, Sora, sparking a fresh wave of enthusiasm for AI technology.
The crypto ecosystem had an eclectic week seeing Bitcoin (BTC) soaring to a high of $52,945 on heightened sentiments surrounding spot Exchange Traded Fund (ETF) products. With the heightened activities surrounding Bitcoin's price action, many altcoins joined the trend, soaring to new heights when interwoven with their own personal ecosystem fundamentals.
Despite a bearish influence, the crypto industry experienced a significant uptrend during February, with many altcoins recording a gain of over 100% in their respective portfolios and is on the verge of completing the month positively. The rising bullish sentiments indicate a sharp rise in the investor's interest in it.
Recently, Worldcoin (WLD), the cryptocurrency associated with Sam Altman's digital identification venture, has experienced a remarkable surge of over 42% in 24 hours, reaching $7.46. This surge is part of a broader upward trend, with the token's value nearly tripling within a week.
Another week ends with notable events witnessed across the cryptocurrency realm. Among these events, Shiba Inu, Worldcoin, and Terra's chronicles appear to have piqued the interest of crypto market enthusiasts globally.
In a whirlwind of excitement, Worldcoin (WLD), the brainchild of OpenAI CEO Sam Altman, has soared to new heights, fueled by a frenzy of artificial intelligence (AI) optimism. With a remarkable 90% surge in just one week, questions abound about the sustainability of WLD's rally and its potential to breach the elusive $10 milestone in the near future.
AI coins have been the talk of the cryptocurrency market recently, due to the astounding surges in their prices by over 30%. This surge has been fueled by the announcement of Nvidia's strong financial performance in Q4 fiscal 2024 and OpenAI's introduction of Sora, a text-to-video AI model that can create lifelike videos from basic
Sam Altman's Worldcoin hit record highs this week driven by a broader AI rally.
Following the remarkable surge of AI tokens like Worldcoin and SingularityNET, AI-based meme coins also see a bullish market, with double-digit gains.
Worldcoin, a cryptocurrency initiative led by OpenAI CEO Sam Altman has emerged as the highest weekly gainer among the top 100 tokens by market cap. With an aggressive rally, the coin price has today's market at a new all-time high.
Worldcoin's price soared to an all-time high of $9 on Feb. 22, up by a staggering 336% in the last 10 days as OpenAI's SORA launch and NVIDIA earnings emerge as key drivers.
