Worldcoin (WLD) Price Rally Extends to 80%, Big Whales Accumulate
Highlights
- Worldcoin Price rally continues amid strong whale activity for the altcoin.
- A price breakout can lead the WLD rally all the way to its all-time high of $5.29.
- The launch of OpenAI Sora by Sa Altman has specifically triggered bullish action in WLD tokens.
WLD, the native cryptocurrency of Sam Altman’s Worldcoin Project, has registered 80% gains over the last week. As of press time, the Worldcoin (WLD) price is trading up by 18.76% at $4.50 with a market cap of $584 million. Also, the trading volume for Worldcoin has jumped by 115% in the last 24 hours to $602 million, as per data on CoinMarketcap.
Worldcoin (WLD) Whale Action
In the midst of the ongoing buzz surrounding AI, Worldcoin (WLD) has witnessed a notable 20% surge in its price, garnering attention from investors and leading to substantial profits for a mysterious whale trader, as reported by Spot On Chain just two days ago.
Referred to as wallet 0x0007, this whale tactfully withdrew 2.09 million WLD tokens valued at $5.82 million from Binance, marking its initial significant acquisition in WLD.
As a result, the price of WLD, the 120th largest cryptocurrency, surged by over 25%, contributing an additional $2.15 million to the whale’s holdings, now totaling an impressive $8.03 million.
Worldcoin appears to be on the cusp of a breakthrough. Following a 77% surge over five days, it is approaching the $4.35 weekly resistance level. If WLD closes above this level, it may reach an all-time high of $5.29.
WLD Price Surge Amid OpenAI’s Sora Project Buzz
The sudden ascent of Worldcoin has left many puzzled, with speculation abound regarding the potential influence of OpenAI’s latest venture, Sora, on its meteoric rise. Sora, touted as an advanced AI technology capable of transforming text prompts into lifelike movies, has sparked widespread interest in its potential to revolutionize content creation methods.
As curiosity surrounding Sora intensifies, OpenAI remains vigilant regarding its potential misuse. the AI giant has opted to restrict access solely to a select group of researchers tasked with addressing technical issues and upholding ethical standards.
Meanwhile, the involvement of prominent figure Sam Altman in Sora-generated videos underscores the burgeoning fascination with AI-driven content creation tools. This convergence of human ingenuity with AI innovation signifies a notable advancement in the ever-evolving digital landscape, ushering in new possibilities for creative expression and technological innovation.
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