BULLISH 📈 : Worldcoin price surges 40% after OpenAI social media announcement

Worldcoin Surge Amid OpenAI's New Social Media Development

  • Worldcoin's price increased by 40% following the announcement of OpenAI's new social media platform aimed at competing with X.
  • The price rose from $0.45 to $0.65, then adjusted to around $0.52. Market capitalization is now at $1.44 billion.
  • Daily trading volume surged by 820% to $681 million, and WLD futures open interest increased by 75% to $192 million.
  • OpenAI is reportedly developing a "humans-only" social platform with biometric identity verification using Face ID or Worldcoin Orb scanner.
  • This move aims to differentiate from platforms like Facebook, LinkedIn, and X, which don't use biometric verification.
  • Worldcoin, founded by Sam Altman, focuses on iris scanning for identification.
  • OpenAI previously signed a $300 billion deal with Oracle, impacting Worldcoin's price.
  • BitMine invested $250 million in WLD reserves, highlighting the importance of zero-knowledge proof technology for future platforms.