Worldcoin up 170% weekly to all time-high following OpenAI Sora breakthrough

cyptouser5 months agoCryptocurrencies News99

Worldcoin (WLD) reached a new all-time high of $8.98 on Feb. 22, following significant weekly price gains, according to CyptoRanking data.

The token has retreated slightly to $8.69 as of press time. The current price represents 30% gains over 24 hours, 168% over seven days, and 303% over 30 days.

WLD’s $1.16 billion market capitalization places it among the top three AI tokens by market cap (as defined by CyptoRanking) and among the top 70 crypto tokens overall.

Worldcoin’s gains are connected to OpenAI announcing the AI-powered video generation service Sora on Feb. 15. Although WorldCoin is a biometrics ID and crypto project separate from OpenAI, entrepreneur Sam Altman heads both projects.

Worldcoin also announced on Feb. 17 that its wallet, World App, has exceeded 1 million daily users. That growth may additionally contribute to WLD’s price gains.

AI tokens up nearly 20% on average

More broadly, assets in CyptoRanking’s AI category saw gains of approximately 18.45% over seven days. The same category saw gains of 5.33% over 24 hours.

The top three AI tokens by market cap are:

Internet Computer (ICP), down 3.9% over seven daysThe Graph (GRT), up 51.78% over seven daysWorldCoin (WLD), up 168.24% over seven days

The best-performing assets over seven days were:

Lithosphere (LITHO), up 444.33% over seven daysConnectome (CNTM), up 175.42% over seven daysDelysium (AGI), up 175.24% over seven days

The AI category has outperformed two notable crypto benchmarks — Bitcoin (BTC), down 0.2% over seven days, and Ethereum (ETH), up 5.52% over seven days.

Despite a lack of direct connections to external projects, each project has likely benefited from general AI interest. In addition to the hype around Sora, price growth may be linked to Nvidia’s record earnings report on Feb. 22, where the chipmaker reported $60 billion in yearly revenue and a focus on AI.

The development companies behind each AI token have also made partnership and marketing announcements in recent days, likely contributing to their above-average growth.

Mentioned in this article
Worldcoin OpenAI Nvidia Sam Altman
The content on this website comes from the Internet. Due to the inconvenience of proofreading the authenticity and accuracy of the copyright or content of some content, it may be temporarily impossible to confirm the authenticity and accuracy of the copyright or content. For copyright issues or other issues caused by this, please Call or email this site. It will be deleted or changed immediately after verification.

related articles

Bitcoin might get boring — But Ether may propel LINK, UNI, ARB prices higher

Bitcoin might get boring — But Ether may propel LINK, UNI, ARB prices higher

55966e89˃The approval of spot Ether exchange-traded funds (ETFs) on May 23 by the United States Secu...

Bankrupt FTX wants to liquidate $744 million in assets from Grayscale and Bitwise

Bankrupt cryptocurrency exchange FTX has expressed readiness to sell $744 million worth of its Trust...

Hamster Kombat creators: marketing geniuses or modern satirists?

Hamster Kombat creators: marketing geniuses or modern satirists?

55966e89˃Hamster Kombat isn’t just another game. It’s a digital powerhouse driven by constant clicks...

SEC considers spot Ether ETF application from ProShares

55966e89˃The United States Securities and Exchange Commission (SEC) has added a spot Ether (ETH) exc...

Crypto Super PAC spends $2M on attack ad targeting NY lawmaker

Crypto Super PAC spends $2M on attack ad targeting NY lawmaker

55966e89˃The Fairshake group, a political action committee (PAC) backed by crypto firms including Ri...

Perplexity AI secures $73.6M in Series B funding, boosts valuation to $520M

Perplexity AI, a San Francisco-based startup specializing in AI-powered search engines, recently com...