By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
    • Saudi Arabia
    • UAE24/7
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • World
  • Business
    • Market DataLive
    • Finance
    • Economy
    • Energy
    • Crypto
    • ForexHot
    • Tech
  • Sports
  • Lifestyle
  • Videos
Search
Countries
  • Saudi Arabia
  • UAE
  • Kuwait
  • Qatar
  • Bahrain
  • Oman
More Topics
  • Technology
  • Health
  • Entertainment
  • Crypto
  • Forex
  • Stocks
Site Links
  • Business Hub
  • Trending
  • Weather
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Worldcoin’s price increases on May 9 as new ChatGPT rumors circulate and traders turn their attention to AI meme coin for potential gains.
Share
Notification Show More
Recent Saved
Workers in Bucharest face challenges as temperatures rise
World
Dress code guidelines for the Qatari government sector during office hours
Qatar
Court rules in favor of worker after company dismisses him for salary deductions over 6 years, awarding BD 27,000.
Bahrain
UAE to See Almost 30,000 New Millionaires in 5 Years
UAE
Proposed New Labor Law in Bahrain Targets Increasing Job Opportunities
Bahrain
Latest News
Senkron Digital Showcases CyberPact Service at GISEC Global 2025
Gulf UAE
Muhammad Umair Saeed: The Billionaire Tech Architect Powering AI, Drones, Blockchain & Cybersecurity from Dubai to the World
Business Gulf UAE
Barcelona Aims to Recover from European Heartbreak as They Face Real Madrid in La Liga, Chasing Their Third Title of the Season
Sports
UAE with 47% and Qatar with 36% Surge in Viewing Minutes as TOD Unveils its Enhanced Streaming Experience TOD 2.0
Lifestyle
L’Oréal Paris Celebrates the Groundbreaking Launch of MELASYL at the Iconic Museum of the Future
Lifestyle
TOD Partners with Skyworth’s QVWi to Launch 4K Streaming Set-Top Box in MENA
Gulf Sports
Double victory at Red Dot: Eczacıbaşı Tiles Group’s VitrA and Villeroy & Boch brands recognised for their design excellence
Lifestyle
Your Next Destination in Dubai: Mövenpick Hotel Apartments Downtown Dubai – The Perfect Choice for Your Stay
Gulf UAE
Nexus Developer Announces the Launch of ‘Estrella’ to Set New Standards in Boutique Luxury Living in Majan, Dubai
Gulf UAE
Moscow City Tourism Committee Brings ‘Moscow Tea Time’ to Dubai with 15 Cultural Venues
Gulf UAE
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Videos
Search
  • Home
    • Videos
    • Business Hub
    • Trending
  • Gulf
    • Saudi Arabia
    • UAE
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • Business
    • Market Data
    • Crypto
    • Economy
    • Energy
    • Finance
    • Forex
    • Tech
  • More News
    • World
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Business > Crypto > Worldcoin’s price increases on May 9 as new ChatGPT rumors circulate and traders turn their attention to AI meme coin for potential gains.
Crypto

Worldcoin’s price increases on May 9 as new ChatGPT rumors circulate and traders turn their attention to AI meme coin for potential gains.

News Room
Last updated: 2024/05/07 at 8:45 PM
News Room
Share
4 Min Read
SHARE

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.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room May 7, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article Gold prices fall sharply due to strengthening US Dollar, despite decreasing US Treasury bond yields
Next Article SR10,000 fine for entering Makkah without a Hajj permit starting June 2
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Senkron Digital Showcases CyberPact Service at GISEC Global 2025
Gulf UAE May 12, 2025
Muhammad Umair Saeed: The Billionaire Tech Architect Powering AI, Drones, Blockchain & Cybersecurity from Dubai to the World
Business Gulf UAE May 10, 2025
Barcelona Aims to Recover from European Heartbreak as They Face Real Madrid in La Liga, Chasing Their Third Title of the Season
Sports May 8, 2025
UAE with 47% and Qatar with 36% Surge in Viewing Minutes as TOD Unveils its Enhanced Streaming Experience TOD 2.0
Lifestyle May 5, 2025

You Might also Like

BusinessCrypto

RWA project FEXSE tokenises $600,000 Jacob & Co. luxury watch on the blockchain

April 14, 2025
BusinessCrypto

Forbes Lists Bitget Amongst The World’s Most Trustworthy Crypto Exchanges

February 1, 2025
BusinessCrypto

Bitget Leverages AI Algorithms for Token Listing with the Launch of Bitget Seed

January 27, 2025
BusinessCrypto

Bitget to List Official TRUMP Meme Token for Spot Trading

January 23, 2025
BusinessCrypto

Bitget LaunchX to Support Jambo’s $5 Million Fundraising for Satellite Launch Program

January 18, 2025
BusinessCrypto

Bitget Unveils Over $5 Billion Worth of BGB Token Burn in New Whitepaper

December 28, 2024
Crypto

Top Cryptocurrency Performers Today on DEXScreener

October 18, 2024
Crypto

NH Bank Employee Who Stole Money to Purchase Cryptocurrency Loses All

October 18, 2024
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?