The board of OpenAI, the creator of ChatGPT, has announced the departure of its co-founder and CEO, Sam Altman. This decision follows a review that revealed inconsistencies in Altman’s communication with the board.
“The board no longer has confidence in his ability to continue leading OpenAI,” the company said in a statement.
Let’s examine some of the Worldcoin price predictions being made on November 20, 2023. It is crucial to bear in mind that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate. Additionally, please remember that many long-term crypto price predictions are generated using algorithms, which means they can change at any time.
DigitalCoinPrice’s Worldcoin price forecast had it reach $9.29 in two years. Bitnation said it would trade at $9.75. Techopedia thought WLD would be worth $6.50 in 2025.
Looking at a more long-term Wordlcoin price prediction, DigitalCoinPrice said it would be worth $26.99 in 2030. Bitnation thought it would reach $22.57 that year. Techopedia’s WLD price prediction said it would stand at $9.00 at the start of the next decade.
Now, let’s examine the, admittedly brief, Worldcoin price history . While we should never take past performance as an indicator of future results, knowing what the coin has achieved can provide us with some very useful context if we want to make or interpret a Worldcoin price prediction.
WLD first came onto the open market in July 2023. On July 24, it opened at an all-time low of $1.66 before reaching an all-time high of $3.58 later that day. Since then, it has fallen down and, on August 4, 2023, it was worth about $2.30.
At that time, there were 117.89 million WLD in circulation out of a total supply of 100 billion. This gave the token a market cap of about $267 million, making it the 115th-largest crypto by that metric.
Worldcoin in 2023
Thanks to Artificial Intelligence (AI) models’ capacity to quickly process large amounts of data and compile information from multiple sources, chatbots like ChatGPT and Google Bard can be used to forecast cryptocurrency prices.
When prompted, the latter delivered a Worldcoin price prediction forecasting the token’s short, medium, and long-term prospects.
Average Price: $2.87
Average Price: $5.20
Average Price: $9.00
It is difficult to tell. Worldcoin is under the spotlight after the news regarding Sam Altman. Whether it can capitalize on that, and whether investors can remain interested in it, is another matter. It is worth noting that Worldcoin is a long-standing token and it has never quite broken through into being a major crypto. We shall have to see whether the upgrade will change that.
As ever with crypto, you will need to make sure you do your research before deciding whether or not to invest in WLD.
No one can tell right now. While the Worldcoin crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind, too, that prices can, and do, go down as well as up.
Before you decide whether or not to invest in WorldCoin, you will have to do your research, not only on WLD but on other, related, coins and tokens such as The Graph (GRT) or Ethereum Name Service (ENS). Either way, you will also need to make sure that you never invest more money than you can afford to lose.
The Worldcoin protocol is intended to be the world’s largest identity and financial public network, open to everyone regardless of their country, background, or economic status. World ID is a privacy-preserving digital identity designed to help solve important, identity-based challenges, including proving an individual’s unique personhood. WLD is a token providing utility and giving users a say over the direction of the Worldcoin protocol. WLD is the first token to be globally and freely distributed to people just for being a unique individual.
Worldcoin developed a device called Orb, which scans the iris of individuals to prove their uniqueness and humanness and assigns them a World ID that they can use as a global digital passport.
The current circulating supply of Worldcoin is 114.66M. This is the total amount of WLD that is available. The current market cap of Worldcoin is $272.48M. A high market capitalization implies that the asset is highly valued by the market.
It might do but, if it does, it won’t be for a while. DigitalCoinPrice says WLD can break past $3 in 2024.
Worldcoin is a digital identification platform that aims to provide each person on earth with a convenient way to verify that they are a real human and not a bot or an AI algorithm.
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Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.