Worldcoin Price Tanks 13% Amid Sam Altman Controversy While A New Altcoin Is Being Backed To 10x
The Worldcoin ($WLD) price continues its topsy-turvy trajectory as the Sam Altman vs OpenAI saga continues. After hitting a new local high of $2.65 on...
- The Worldcoin ($WLD) price has been volatile, reaching a new high of $2.65 before plunging 13% to $2.30.
- The price action is influenced by the ongoing drama between Sam Altman, former CEO of OpenAI, and the OpenAI board.
- Talks of reinstating Altman as CEO fell apart, and Emmett Shear was named as his replacement.
- Whales selling their holdings and market maker GSR depositing tokens have contributed to the price correction.
- There are rumors of Altman rejoining OpenAI, which could potentially spark a recovery in the Worldcoin price.
- The broader crypto market rally and potential Bitcoin surge could also boost Worldcoin's price.
- Investors are showing interest in a new meme token called Meme Kombat, which has raised close to $2 million in its presale phase.
The sentiment in the article is mixed. There is uncertainty surrounding the Worldcoin price due to the ongoing drama between Sam Altman and OpenAI. However, there are also potential factors that could lead to a recovery in the price, such as Altman potentially rejoining OpenAI and the broader crypto market rally.