Worldcoin Hits an All-time High

The launch of OpenAI’s Sora AI model has driven Worldcoin’s price to a new record high. In just one week, the token has doubled its value to reach $5.36, resulting in a market capitalization of approximately $700 million.

This surge in price is not new for Worldcoin, as previous news related to OpenAI has also positively affected its value.

However, there have been instances where the token was negatively impacted, such as in November 2023 when the temporary removal of Altman, an executive from the AI company, caused a dip in the token’s price.

Other AI tokens have also seen significant growth in the past few days, with an overall 25% increase in value according to CoinGecko’s AI token list.

The market as a whole has shown slow but steady growth, with the GMCI 30 Index rising from 104 to 112 over the last week.