Thu, November 14

Worldcoin (WLD) Soars 86% in a Week Amid Sora AI Speculation

Worldcoin (WLD) Soars 86.94% in a Week Amid Sora AI Speculation Altcoin News
  • The price recently broke above the $4.5 resistance level and is likely poised for further gains. 
  • Many are wondering whether OpenAI’s newest project, Sora, has anything to do with it.

Just two days ago, Spot On Chain revealed that Worldcoin (WLD) had a significant 20% increase in price, which attracted investors and resulted in large gains for an unnamed whale trader, all while AI was the talk of the town. This whale moved 2.09 million WLD tokens, worth $5.82 million, from Binance, marking its first major purchase in WLD.

Consequently WLD, had a price spike of more than 25%, adding an extra $2.15 million to the whale’s astounding $8.03 million holdings. The Worldcoin project seems to be about to reach a major milestone.

Source: CoinMarketCap

Worldcoin (WLD), has seen increase of 86.94% in the last 7 days. Presently, Worldcoin (WLD) is trading at $4.59, an increase of 9.16%, and the market cap is $607 million. Plus, according to statistics from CoinMarketcap, Worldcoin’s trading volume has increased by 53.35% in the last 24 hours. Amid the recent bull run, the price is up 68.41% in the last 30 days.

Optimism Over OpenAI’s Latest Project

The price recently broke above the $4.5 resistance level and is likely poised for further gains. The rapid growth of Worldcoin has baffled many, and many are wondering whether Sam Altman led OpenAI’s newest project, Sora, has anything to do with it.

A lot of people are interested in how Sora, a high-tech AI system, may change the way content is made since it can take text cues and make realistic movies out of them. The growing interest in content production technologies powered by artificial intelligence is shown by the participation of prominent AI player Sam Altman in Sora-generated videos.

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