The cryptocurrency world is buzzing with excitement as rumors swirl around a potential new search engine launch by ChatGPT, a product of OpenAI. This news has caused a surge in the price of Worldcoin ($WLD), the biometric crypto project backed by OpenAI CEO Sam Altman. Worldcoin has seen a 37% increase in value in the last seven days, reaching $6.17 at the time of writing. The speculation stems from the existence of a domain called search.ChatGPT.com, leading to speculation that a search engine may be in the works.
Worldcoin peaked in early March, reaching an all-time high of $11.74 before experiencing a decline in value. Despite this, the token has found strong support above $4, indicating a positive outlook for holders. Currently, Worldcoin is trading at just over half of its peak value, with a relative strength index (RSI) of 53. While there may be some profit-taking in the market, there is expected to be strong buying momentum in the coming days. Worldcoin has outperformed Bitcoin this week, with Bitcoin seeing a modest 4% increase.
OpenAI’s Worldcoin project aims to bank the unbanked by using biometric data to verify a user’s identity before distributing coins. The project has faced skepticism from various quarters, including Ethereum creator Vitalik Buterin, who raised concerns about privacy, accessibility, centralization, and security. Lawmakers in several countries have also expressed reservations about the project. Despite the criticisms, Worldcoin saw a surge in signups earlier this year, indicating growing interest in the project.
In the midst of the excitement surrounding Worldcoin, another project called WienerAI has emerged as a potential game-changer in the AI/crypto space. WienerAI is a meme token and AI companion that offers AI-enhanced trading advice, swap functionality, and zero fees. The presale for WienerAI has already raised $1.2 million, and the project is projected to offer significant returns for investors. With features like user-friendly AI trading advice and staking opportunities, WienerAI presents a novel approach to AI/crypto integration.
The WienerAI smart contract has been audited by Coinsult, a blockchain security platform, ensuring the security of the project. Around 20% of WienerAI’s token supply is allocated for staking, providing investors with the opportunity to earn lucrative yields. The project’s website encourages buyers to stake during the presale to take advantage of the attractive annual percentage yield (APY) of 790%. As the project gains traction, investors are keeping a close eye on WienerAI for potential gains in the evolving AI/crypto landscape.
In conclusion, the cryptocurrency market is abuzz with speculation and excitement surrounding the potential launch of a search engine by ChatGPT and the rise of projects like Worldcoin and WienerAI. These projects highlight the growing intersection of AI and crypto technology, offering innovative solutions and investment opportunities for enthusiasts. As the market continues to evolve, it will be interesting to see how these projects shape the future of the crypto landscape and provide new avenues for growth and innovation in the industry.