Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
WorldCoin (WLD) achieved a new all-time peak of $8.98 on February 22, following notable weekly price increases, as reported by CryptoSlate data.
The token has slightly decreased to $8.69 at the time of publication. This current price reflects a 30% increase over the past 24 hours, 168% over the last week, and 303% over the past month.
With a market capitalization of $1.16 billion, WLD ranks among the top three AI tokens by market cap (as defined by CryptoSlate) and is positioned within the top 70 crypto tokens overall.
The rise in WorldCoin’s value is linked to OpenAI’s announcement of the AI-driven video generation service Sora on February 15. While WorldCoin operates as a biometrics ID and cryptocurrency initiative distinct from OpenAI, entrepreneur Sam Altman leads both endeavors.
Additionally, WorldCoin revealed on February 17 that its wallet, World App, has surpassed 1 million daily users. This growth may further influence WLD’s price increases.
AI tokens average nearly 20% increase
In a broader context, assets within CryptoSlate’s AI category experienced an approximate gain of 18.45% over the past week. This category also recorded a 5.33% increase over the last 24 hours.
Related Posts
The top three AI tokens by market capitalization are:
- Internet Computer (ICP), down 3.9% over the past week
- The Graph (GRT), up 51.78% over the past week
- WorldCoin (WLD), up 168.24% over the past week
The highest-performing assets over the last week included:
- Lithosphere (LITHO), up 444.33% over the past week
- Connectome (CNTM), up 175.42% over the past week
- Delysium (AGI), up 175.24% over the past week
The AI category has outperformed two significant crypto benchmarks — Bitcoin (BTC), which is down 0.2% over the past week, and Ethereum (ETH), which is up 5.52% over the past week.
Although there are no direct ties to external projects, each initiative has likely gained from the overall interest in AI. Besides the excitement surrounding Sora, price increases may also be associated with Nvidia’s record earnings announcement on February 22, where the chip manufacturer reported $60 billion in annual revenue and emphasized its focus on AI.
The development teams behind each AI token have also made recent partnership and marketing announcements, likely aiding their above-average growth.
The post WorldCoin up 170% weekly to all time-high following OpenAI Sora breakthrough appeared first on CryptoSlate.
