Worldcoin Whale Adds Millions In Profits, with 20% Gain as OpenAI Launch Sora

Worldcoin, known for its eye-scanning tech, is buzzing as its cryptocurrency, WLD, surged 25% in 24 hours. But what’s driving this insane surge? Let’s uncover the reasons behind this sudden leap: 

Why is Worldcoin Surging?

Amidst the ongoing hype surrounding AI, Worldcoin (WLD) has experienced a remarkable 20% surge in its price, catching the attention of investors and propelling a significant profit for a mysterious whale trader, as Spot On Chain reported just two days ago.

Identified as wallet 0x0007, this whale made a savvy move by withdrawing 2.09 million WLD tokens worth $5.82 million from Binance, marking its first major acquisition in WLD.

Subsequently, the surge in the 120th largest crypto WLD price has gone over 25%, adding $2.15 million to the whale’s holdings, now totaling an impressive $8.03 million.

The rapid rise of Worldcoin is still unclear; rumors are rife about how OpenAI’s newest project, Sora, might have affected it. Sora is an advanced AI technology that can make realistic movies from text prompts. It has gotten a lot of attention because it could change the way content is made.

With growing interest in Sora, OpenAI is cautious about how it could be misused and restricts access to only a few researchers to fix bugs and maintain ethical standards.

Meanwhile, Sam Altman’s involvement in Sora-generated videos underscores the growing interest in AI-driven content creation tools. This convergence of human creativity and AI innovation signifies a significant development in the digital landscape.

Worldcoin to Hit $5.29?

Worldcoin is nearing a breakthrough. After a 77% five-day surge, it tests $4.35 weekly resistance. WLD may reach an all-time high of $5.29 if it closes above this level. Worldcoin’s price surged by 41% to $4.39 at the time of writing, with a trading volume soaring by 50.57% to $297.78 million over the last 24 hours. Notably, WLD crypto 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. 

With a Year of AI transition, it will be interesting to see the scope of AI-driven projects shortly.