Worldcoin cryptocurrency token surges by 42% in 24 hours, almost triples in value in one week
The value of Worldcoin, a cryptocurrency token linked to Sam Altman's digital ID project, has risen by 42% in the past 24 hours after the release of OpenAI's latest AI tool, Sora. This is part of a larger trend that has seen the token's value almost triple this week, with a market capitalization of almost $1 billion, making it the 88th most valuable cryptocurrency. Worldcoin aims to provide a unique digital identity to users through an in-person eye scan, with the resulting data stored on the blockchain. However, concerns have been raised about the potential for the project's generative AI tools to produce convincing deepfakes and false content that could easily spread online, and OpenAI has stated that the safety of the project is being tested before its release. The total cryptocurrency market is currently estimated to be worth $2.09 trillion, with the value of the market growing around 2% in the last 24 hours.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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