{"id":196098,"date":"2023-11-20T07:39:29","date_gmt":"2023-11-20T07:39:29","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=196098"},"modified":"2023-11-20T07:39:29","modified_gmt":"2023-11-20T07:39:29","slug":"sam-altmans-openai-ouster-sees-rollercoaster-worldcoin-price","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/crypto\/sam-altmans-openai-ouster-sees-rollercoaster-worldcoin-price\/","title":{"rendered":"Sam Altman's OpenAI ouster sees rollercoaster Worldcoin price"},"content":{"rendered":"
Worldcoin (WLD), the token of Sam Altman\u2019s retina-scanning project of the same name, saw major volatility over the past few days as he was ousted from OpenAI, reported to be in talks to make a return before finally being replaced. <\/p>\n
WLD saw a Nov. 16 high of $2.48 before starting a slide that accelerated after Altman was outed by OpenAI late on Nov. 17 in the United States which saw it drop to a low of nearly $1.84, according to CoinGecko data.<\/p>\n
It bounced back, surging 12% over the past 24 hours to reach an intraday high of $2.54 during Monday morning Asian trading then again dropped to $2.30 after Altman was replaced as CEO by Twitch co-founder Emmett Shear.<\/p>\n
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Altman co-founded Worldcoin which launched in July. While the project is separate from OpenAI, WLD\u2019s initial rebound came after reported efforts by a group of OpenAI executives and investors to reinstate Altman as CEO of the artificial intelligence firm.<\/p>\n
Worldcoin is a digital identity platform with ambitions to build a World-ID and financial system using retina scanning technology to authenticate humans amid a rise in AI technology.<\/p>\n
Related: <\/em><\/strong>A timeline of Sam Altman\u2019s outing from OpenAI<\/em><\/strong><\/p>\n Worldcoin\u2019s launch polarized the crypto community who raised questions about its centralization, privacy, and security.<\/p>\n AI-related crypto assets have been outperforming over the past 24 hours, with the market capitalization of AI-related tokens notching a 7.2% rise to $6.5 billion with tokens such as Fetch.ai (FET), SingularityNET (AGIX), and Akash Network (AKT) notching up double-digit gains according to CoinGecko.<\/p>\n Magazine: AI Eye \u2014 Real uses for AI in crypto, Google\u2019s GPT-4 rival, AI edge for bad employees<\/em><\/strong><\/p>\n