Coinspeaker
OpenAI’s Sora Launch Leads to Strong Rally in AI Tokens over Weekend

Last week, OpenAI unveiled its text-to-video generator Sora, leading to a strong rally in Worldcoin (WLD), an iris-scanning crypto project developed by OpenAI chief Sam Altman. However, over the last weekend, tokens from the Artificial Intelligence (AI) space also joined the party with a strong rally.

Over the past 24 hours, sector tokens have seen a notable surge, with an average increase of 7.7%, according to data from CoinGecko. Leading the charge are Ocean Protocol’s OCEAN and Fetch.AI’s FET, both experiencing gains of over 10%. Additionally, the largest and most liquid cryptocurrencies have climbed by 2.68% within the same timeframe.

Among AI tokens, Worldcoin’s WLD has seen a remarkable surge of 30%, marking the highest increase. WLD has reached a new all-time high of $7. Interestingly, Sam Altman established Worldcoin’s parent company OpenAI CEO, thus prompting some traders to view WLD as a speculative bet on the future growth of Altman’s company.

Worldcoin’s native cryptocurrency WLD has been the talk of the two recently, with a staggering 42% gain in the last 24...