Worldcoin has experienced notable market gains driven by factors such as AI hype, institutional ownership, and whale transactions.
The WLD token is up by over 31% in the past 24 hours.
Worldcoin (WLD), an iris biometric crypto project co-founded by OpenAI’s CEO, Sam Altman, has seen its price increase by 183% within the past 7 days, according to data from Marketcap.
At press time, WLD was up by 31.5% and is trading at $8.7, with a trading volume and market capitalization standing at over $1.1 billion each.
Factors Fueling Worldcoin’s Meteoric Rise
Worldcoin’s remarkable rise comes on the heels of heightened excitement surrounding OpenAI’s groundbreaking text-to-video generation model, Sora. OpenAI’s claim that Sora can produce highly detailed, emotionally vibrant videos of up to 60 seconds has sparked considerable enthusiasm within the tech community and beyond.
However, the surge in Worldcoin’s value isn’t solely attributable to the hype surrounding Sora. Behind the sc
