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BlockNews
Home CRYPTO

Worldcoin WLD is up 160% This Week and Here is Why

by Conie
February 23, 2024
in CRYPTO
Reading Time: 2 mins read
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  • Worldcoin (WLD) hit an all-time high of $898 following OpenAI’s Sora launch, with gains of 30% in 24 hours and 303% in 30 days.
  • Although separate projects, Worldcoin and OpenAI share leadership and Worldcoin’s World App growth likely contributed to its surge.
  • The wider AI token category has seen almost 20% gains in the past week, with Lithosphere, Connectome and Delysium leading, as AI hype benefits the space broadly.

Worldcoin (WLD) has reached a new all-time high following OpenAI’s launch of Sora. The AI token category overall is seeing significant gains. This article explores the details behind Worldcoin’s surge and the growth of AI tokens more broadly.

Worldcoin’s Price Gains

Worldcoin hit an all-time high of $898 on Feb. 22 after major weekly gains. The token has pulled back slightly but is still up 30% in 24 hours, 168% in 7 days, and 303% in 30 days. With a market cap of $116 billion, WLD is a top 3 AI token and top 70 crypto overall.

The gains connect to OpenAI’s Sora launch on Feb. 15. Although separate projects, Sam Altman leads both Worldcoin and OpenAI. Worldcoin’s World App exceeding 1 million daily users likely also contributes.

Wider AI Token Growth

AI tokens as a category are up nearly 20% over the past week. The top gainers over 7 days are Lithosphere, Connectome, and Delysium, significantly outperforming Bitcoin and Ethereum.

JUST IN: Worldcoin $WLD is up 160% this week 🚀 pic.twitter.com/QNYD8KM2UH

— BlockNews.com (@blocknewsdotcom) February 22, 2024

Despite no direct connections, each AI project benefits from general AI interest and hype around advances like Sora. Recent partnership and marketing announcements from each company also contribute to growth.

Conclusion

Worldcoin’s new highs showcase the excitement around AI crypto projects. Momentum in the category looks set to continue with major players like OpenAI pushing boundaries. As AI technology progresses, further innovation and gains in AI tokens seem imminent.

Tags: BitcoincryptoethereumOpenAIWorldcoin
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