The value of Worldcoin's token, WLD, rose 85% to $2.15 immediately after its launch but has since dipped nearly 50% and is currently trading at $1.26. Despite this, ChatGPT predicted a surge in WLD's price action, volume, and liquidity, citing adoption, innovation, and market dynamics as reasons. However, the author advises investors to do their own research before investing in the token.
Key takeaways:
- Worldcoin, a project launched by Sam Altman, has been facing regulatory concerns due to data privacy issues, resulting in a decline of around 60% in the value of its token.
- Worldcoin uses an eye-scanning technology called the 'Orb' to differentiate between a human and a bot, and its WLD token can be used for payments, transfers, and purchases.
- ChatGPT, an AI-language model, seems to support Worldcoin's potential, despite the ethical and privacy concerns raised by various entities.
- Worldcoin's WLD token was trading at $1.1268 at press time, and despite a dip after its launch, the on-chart metrics are more bullish than bearish.