Wednesday, July 3, 2024

WorldCoin up 170% weekly to all time-high following OpenAI Sora breakthrough

WorldCoin (WLD) reached a brand new all-time excessive of $8.98 on Feb. 22, following important weekly worth features, in keeping with CryptoSlate information.

The token has retreated barely to $8.69 as of press time. The present worth represents 30% features over 24 hours, 168% over seven days, and 303% over 30 days.

WLD’s $1.16 billion market capitalization locations it among the many prime three AI tokens by market cap (as outlined by CryptoSlate) and among the many prime 70 crypto tokens general.

WorldCoin’s features are linked to OpenAI asserting the AI-powered video technology service Sora on Feb. 15. Though WorldCoin is a biometrics ID and crypto venture separate from OpenAI, entrepreneur Sam Altman heads each tasks.

WorldCoin additionally introduced on Feb. 17 that its pockets, World App, has exceeded 1 million each day customers. That development might also contribute to WLD’s worth features.

AI tokens up practically 20% on common

Extra broadly, belongings in CryptoSlate’s AI class noticed features of roughly 18.45% over seven days. The identical class noticed features of 5.33% over 24 hours.

The highest three AI tokens by market cap are:

  • Web Pc (ICP), down 3.9% over seven days
  • The Graph (GRT), up 51.78% over seven days
  • WorldCoin (WLD), up 168.24% over seven days

The most effective-performing belongings over seven days have been:

  • Lithosphere (LITHO), up 444.33% over seven days
  • Connectome (CNTM), up 175.42% over seven days
  • Delysium (AGI), up 175.24% over seven days

The AI class has outperformed two notable crypto benchmarks — Bitcoin (BTC), down 0.2% over seven days, and Ethereum (ETH), up 5.52% over seven days.

Regardless of an absence of direct connections to exterior tasks, every venture has possible benefited from common AI curiosity. Along with the hype round Sora, worth development could also be linked to Nvidia’s document earnings report on Feb. 22, the place the chipmaker reported $60 billion in yearly income and a deal with AI.

The event corporations behind every AI token have additionally made partnership and advertising and marketing bulletins in latest days, possible contributing to their above-average development.



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