Worldcoin Skyrockets 300%: What’s Behind WLD Surge?
Worldcoin (WLD) has surged over 300% in the past month, reaching an all-time high valuation above $1.1 billion at press time.
The speculative frenzy follows the launch of OpenAI avatar generator Sora amidst hype around CEO Sam Altman’s expanding AI empire.
- WLD token has surged 40% daily to a new record price of $8.6.
- Traders are betting on Altman ties as Total Market Cap hits $1.1B.
- Signups are also accelerating, with 600,000 new users in one week.
In the past 24 hours, WLD traded near $8.87 and increased by almost 40% due to Sora anticipation. The altcoin has effectively tripled in value over the past four weeks.
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Sam Altman ties help Worldcoin surge
As OpenAI chief, Sam Altman maintains his status in AI research and investment circles. His profile across multiple high-potential projects apparently suffices for crypto traders betting on AI.
Worldcoin user growth may have also triggered bullish sentiments for WLD. Signups requiring an iris scan from the project’s signature “orb” devices have crossed 3.5 million total, with 622,000 new members signed up in the past week.
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Still, rumors suggest major project upgrades that could bolster real-world utility to sustain euphoric valuations. “We’re super excited about a couple other major announcements that we have coming up,” Worldcoin exec Tiago Sada told The Block recently.
WLD is currently trading at $8.6, rising from a 24-hour low of $6.11. Worldcoin hit its all-time high today, thanks to the recent hype in AI coins. The coin currently has a market cap of $1.1 billion, crossing the billion threshold.
