Worldcoin’s price has surged by 37% in the past week, reaching $6.17, fueled by rumors of ChatGPT launching a search engine. The speculation stems from the existence of a domain called search.ChatGPT.com, with AI influencer Pete Huang suggesting it may be released on May 9. Despite the recent rally, Worldcoin’s current price is only 52.7% of its all-time high of $11.74 in March. However, the token has found strong support above $4. Traders are expecting strong buying momentum in the next two days, although there has been some light profit-taking today. In comparison, Bitcoin has only seen a 4% increase this week.
Worldcoin’s launch last year received mixed responses due to its requirement for users to visit biometric eyeball scanners called “Orbs” and submit eye snapshots in order to obtain the token. OpenAI aims to use Worldcoin to build blockchain infrastructure that will help bank the unbanked population and promote the sharing of technological prosperity. However, there are concerns about the project’s privacy, accessibility, centralization, and security, with Ethereum creator Vitalik Buterin expressing skepticism. Lawmakers in Mexico, Malaysia, and Argentina have also raised concerns about Worldcoin.
While Worldcoin faces scrutiny, other projects are exploring the integration of AI and cryptocurrency. One such project is WienerAI, a meme token and AI companion that offers AI-enhanced trading advice, seamless swap functionality, and zero fees. The presale for WienerAI has already raised $1.2 million, and it is being audited by Coinsult, a blockchain security platform. Staking opportunities are available, with a current yield of 790% APY. Investors can stay updated on WienerAI news through X and Telegram and participate in the presale on the WienerAI website. It’s important to note that cryptocurrency investments carry high risks, and this article should not be considered investment advice.