Is Worldcoin the Next AI Trend? ChatGPT Surge Causes 4% Recovery

The rapid development of AI is having a strong impact on the cryptocurrency market, and Worldcoin (WORLD) is one of the prominent projects attracting attention in this context. OpenAI's recent launch of an image generation feature on ChatGPT has caused WORLD's price to surge, but is this a sustainable trend or just a short-term recovery?

Worldcoin Gains on OpenAI Influence
Worldcoin, a Web3 project backed by Sam Altman, recorded a 9.4% increase on March 25, when OpenAI deployed an image generation tool using GPT-4o. This is the first time in 20 days that the token has approached $1.

Although not directly related to OpenAI, Altman’s significant role in both projects created a psychological link between Worldcoin and AI development. However, the rally was short-lived as WORLD quickly sold off and fell back.

WORLD’s Regulatory Risks and Price Risk
Worldcoin aims to provide global digital identities through iris scanning technology, but the project has faced opposition from many regulators due to privacy concerns. Countries such as Spain, Hong Kong, Brazil, and the Dominican Republic have banned Worldcoin from operating in their markets.

These regulatory issues have negatively affected the price of WORLD, causing the token to fall 63% year-to-date in 2024. The technical charts are also not looking good, with the RSI indicator below the signal line, while the MACD shows bearish momentum. If WORLD breaks $0.70, the possibility of a new bottom is very high.

What are the opportunities for Worldcoin in the future?
Despite many challenges, if OpenAI adopts Worldcoin as a login and identity verification solution, the demand for this token could increase significantly. However, this is still just a hypothesis and there is no clear sign that OpenAI will go in this direction.

Besides Worldcoin, other AI projects in the cryptocurrency space are also attracting attention, especially AI token presales such as MIND of Pepe (MIND).

MIND of Pepe – A New Investment Opportunity in the AI ​​Field?

MIND of Pepe is a new AI project that combines artificial intelligence technology with the popular meme Pepe the Frog. The project has raised $7.8 million in just three months, showing strong interest from investors.

MIND acts as an AI agent that interacts with popular social media accounts, collecting data and providing useful information to token holders. Once it has built a large following, MIND can launch its own meme coin, benefiting the $MIND token community.

Conclusion
The development of AI is creating many opportunities for related cryptocurrency projects, but Worldcoin is still facing many major challenges in terms of regulation and price stability. Meanwhile, new AI projects such as MIND of Pepe are attracting capital thanks to their innovative approach strategies.

Investors interested in this field should closely monitor new developments from both OpenAI and the cryptocurrency market to make reasonable decisions.

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