OpenAI biometric social network exposed, Worldcoin price soars 15%

GateNewsBot
WLD-2,76%

On January 29, the price of Worldcoin (now renamed World Token, WLD) experienced a significant surge, with a single-day increase of over 15%, reaching a trading price of $0.5298. Over the past week and month, it has risen approximately 10% and 7%, respectively. In early trading today, WLD briefly touched $0.6427, with weekly gains reaching as high as 40%. Trading volume surged by 818%, reaching $687 million, indicating a notable increase in market interest in the token.

This price fluctuation is closely related to OpenAI’s exploration of a biometric social media platform. It is reported that the platform aims to create a “human-only” social network, reducing AI-driven fake accounts through user identity verification. The platform may utilize Apple Face ID or World Orb technology for iris scanning to form a unique digital identity. This move is seen as a strategy by OpenAI to counter Elon Musk’s X platform and robot accounts.

The rise of Worldcoin not only reflects a rebound in trader sentiment but also demonstrates market anticipation for OpenAI’s new project. Analysts predict that the WLD token could continue to climb in 2026, with a potential high of $0.7021 this year. This suggests that as the project further develops, Worldcoin is expected to attract more users and capital inflows.

OpenAI’s social media project is still in the early development stage, managed by a team of about 10 people. Details about its integration with existing products, including Worldcoin, have not yet been disclosed. However, the market’s imagination of a “pure human” ecosystem and digital identity verification mechanisms makes Worldcoin a focal point.

Overall, the price reaction of Worldcoin highlights investors’ optimistic outlook on Web3 social and biometric applications. As OpenAI’s strategies in digital identity and social media become clearer, WLD may become an important focus in the future crypto market, driving further attention from investors to related ecosystems and tokens.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP Trades Near $1.42 Support as $1.50 Level Tests Daily Megaphone Structure

XRP trades at $1.43 after an 11.0% daily decline, holding just above the $1.42 support level. Price remains below the $1.50 level referenced on the daily megaphone structure shown on the chart. The 24-hour range stays defined between $1.42 support and $1.61 resistance as volatility

CryptoNewsLand1h ago

Dogecoin Price Eyes Critical Support at $0.054 Signaling Potential for Rebound

Dogecoin price continues to respect a multi-year support zone between $0.05 and $0.06 across several market cycles. Monthly chart structures show recurring base formations that precede sharp expansion phases. Current price compression suggests easing selling pressure near long-term

CryptoNewsLand1h ago

ASTER Rebounds 15% After Five-Month Slide, Price Stabilizes Above $0.53 Support

ASTER had dropped to $0.50, the same level that was anticipated to happen in five months. Price regained its lost grounds to be at $0.6145 with an increase of 14.9 percent a day and above the support zone of $0.5338. Resistance is limited around $0.6188 with volume at a high level in the

CryptoNewsLand1h ago

Bitcoin, NASDAQ, and Silver Drop Together in Rare Synchronized Market Flush

Bitcoin, NASDAQ, and Silver hit simultaneous lows on the same 5-minute candle at 11:15 am Asia time. The synchronized selloff resulted from forced multi-asset deleveraging, not crypto-specific catalysts. Correlations surged temporarily during liquidation,

CryptoFrontNews1h ago

BEAT Trades at $0.1808 After 20.8% Rise, Key Levels Remain in Focus

BEAT is currently trading at a price of $0.1808, where it has changed by 20.8% since the time the company was at a range of $0.15- 0.21. The support level of $0.1497 that has been supported in the recent trading and is keeping the market at this position. Price was met with opposition

CryptoNewsLand2h ago

DOGE Consolidates Near $0.096 as Ichimoku Cloud Caps Four-Hour Trend

DOGE remains below key Ichimoku levels after a 36.52% weekly decline on the four-hour chart. Price trades at $0.09584, holding within a defined $0.09054–$0.1012 intraday range. The Ichimoku cloud continues to cap price action while short-term consolidation develops. Dogecoin’s

CryptoNewsLand3h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)