Worldcoin Whale Generates Millions in Profits, Achieving a 20% Gain upon OpenAI’s Sora Launch
Worldcoin, the cryptocurrency known for its eye-scanning technology, is causing a stir as its digital currency, WLD, has surged by 25% within a 24-hour period. The sudden leap has left many wondering what factors are driving this impressive growth.
Amidst the ongoing excitement surrounding artificial intelligence (AI), Worldcoin (WLD) has experienced a remarkable 20% increase in its price. This surge has caught the attention of investors and has resulted in a significant profit for a mysterious trader known as wallet 0x0007. Just two days ago, Spot On Chain reported that this trader withdrew 2.09 million WLD tokens, equivalent to $5.82 million, from Binance, marking their first major acquisition of WLD. As a result, the price of the 120th largest cryptocurrency, WLD, has increased by over 25%, adding $2.15 million to the trader’s holdings and bringing their total to an impressive $8.03 million.
The rapid rise of Worldcoin is still somewhat unclear, but rumors suggest that OpenAI’s latest project, Sora, may have had an impact. Sora is an advanced AI technology that can create realistic movies based on text prompts. It has garnered significant attention due to its potential to revolutionize content creation. However, OpenAI is cautious about the potential misuse of Sora and has restricted access to only a few researchers in order to maintain ethical standards and address any bugs.
The involvement of Sam Altman, a prominent figure in the tech industry, in Sora-generated videos further highlights the growing interest in AI-driven content creation tools. This convergence of human creativity and AI innovation represents a significant development in the digital landscape.
Worldcoin is on the verge of a breakthrough, with a 77% surge in the past five days. It is currently testing the weekly resistance level of $4.35 and may reach an all-time high of $5.29 if it manages to close above this level. At the time of writing, Worldcoin’s price has increased by 41% to $4.39, and its trading volume has soared by 50.57% to $297.78 million in the last 24 hours. Notably, the WLD cryptocurrency has experienced fluctuations between a high of $4.56 and a low of $3.11 in the past day, showcasing gains of over 61% in the last seven days.
As we enter a year of transition for AI, it will be fascinating to observe the scope and impact of AI-driven projects in the near future.
Tags: Altcoins