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Worldcoin, the eye-scanning crypto project from OpenAI CEO Sam Altman, jumped 25% in trading in the past 24 hours. It’s one of the biggest gainers in this week’s crypto market, which is roaring back to life after slumping through June and the first half of July.
The move not only erases much of $WLD’s losses over the past month, but also signals a broader reversal for the crypto market. That’s exciting news for one new token preparing for launch, WienerAI, which analysts think could be the next crypto to explode.
Worldcoin Jumps 25% on Republican Convention News
Worldcoin’s $WLD token jumped 25% in 24 hours after the Republican National Convention launched and Donald Trump announced J.D. Vance as his running mate. The move was met with elation by many in the crypto world, since Vance is widely seen as a younger counterpart to Trump and a strong ally of the crypto industry.
Sam Altman, the CEO of OpenAI and Worldcoin, stands to benefit in particular from Vance’s nomination. Altman and other Silicon Valley leaders have pushed the Republican Party to advance a younger, more pro-tech candidate like Vance.
The response in Worldcoin’s price was immediate. $WLD jumped from $1.81 to $2.30 overnight, then moved higher again to its current price of $2.39. The bullish move could be the beginning of a larger reversal for $WLD, which has slumped 80% from its all-time high of $11.82 set in March.
Even more notable than the price jump is the explosion in trading volume around $WLD. The coin traded more than $500 billion in volume in the last 24 hours, a 325% jump from the previous day.
And the reversal did happened..
I hope you got in early on your fave token.
Buying at lower prices always win.@worldcoin$WLD
Target Price:
Min: $4.95
Max: $6.30 https://t.co/ghcAJQLXhH pic.twitter.com/AMkSQPeIg7
— Tony Trader (@TonyDTrader) July 15, 2024
The deep excitement around $WLD could be an indicator that the token is sustaining momentum for a push to $5 or higher. One analyst on X, Tony Trader, set a target price of $6.30 for the Worldcoin reversal.
WienerAI Raises $7.5M as Excitement for AI Trading Bot Builds
The explosion of bullish activity around Worldcoin and throughout the rest of the crypto market bodes well for one new token that analysts have been watching closely. WienerAI has raised nearly $7.5 million in its ongoing crypto presale and is rapidly approaching the launch of its $WAI token.
This meme coin has generated a ton of excitement around its dachshund mascot, which it describes as “part dog, part sausage, and part AI.” The AI comes in around WienerAI’s new trading bot, for which it recently released a sneak preview.
The trading bot has some impressive capabilities, including a ChatGPT-like interface where traders can enter prompts to find specific trades that meet their strategy criteria. Traders can also ask the bot to explain the setups it recommends, helping beginners learn their way around the crypto market.
More than just a bot–WienerAI is your ultimate crypto trading companion.
We’re delighted to share some sneak peeks with our incredible and supportive community. (1/4) pic.twitter.com/kR8ypeJycj
— WienerAI (@WienerDogAI) June 11, 2024
Other important features of WienerAI’s trading bot include the ability to outrun MEV bots on Ethereum and recommendations for which DEX to use to execute trades at the best price.
The bot will be powered by $WAI, WienerAI’s native token, which has created a rush of demand for the token at its current discounted price of $0.00073.
Analysts are heaping praise on WienerAI, adding fuel to the fire around this new coin. Jacob ‘Crypto’ Bury, an analyst who has correctly predicted many hot meme coins in the past, recently called $WAI the next meme coin to 10x. Other prominent analysts like Oscar Ramos and ClayBro have also named WienerAI one of the best new tokens to buy.
WienerAI plans to end its presale on July 31, so investors don’t have much time remaining to buy $WAI before it hits exchanges.
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