The price of Worldcoin has surged by 15% today, rising to $1.28 after legendary Apple designer Jony Ive teamed up with Worldcoin co-founder Sam Altman at OpenAI.
Worldcoin’s price has also profited from the market-wide rally following BTC’s climb to new record highs, with the altcoin now up by 27% in a fortnight and by 61% in a month.
While the coin remains down by 89% since its own record high of $11.74 (set in March 2024), this gap gives the token plenty of room to climb in the coming weeks and months.
And with Worldcoin raising $135 million in new funding yesterday, momentum may increasingly build around Worldcoin, which could soon return to former highs.
Worldcoin Surges as Sam Altman Teams With Apple Icon Jony Ive — Is This the Start of the AI Coin Supercycle?
Now may be the perfect time to buy Worldcoin, with its chart showing that the token has just begun rising from a long bottom.
Most notably, its 30-day average (orange) hit a big bottom in relation to the 200-day (blue) in mid- to late-April, with the shorter term average now on course to climb over its longer term equivalent.
Source: TradingViewWe see something very similar with the RSI (purple), which is rising again to 70 after a long period of low readings.
The next psychological barrier for Worldcoin is $1.50, with the token likely to experience a quicker rise if it can break this resistance level soon.
Helping it will be the momentum carried over from OpenAI’s $6.5 billion acquisition of io, an AI-focused device startup founded by Jony Ive, who was instrumental in designing such flagship Apple products as the iPhone, iPod and iPad.
OpenAI hasn’t provided any further details of what exactly it might be working on with Jony Ive and io, but the deal could be a massive step forwards for the company in terms of offering a mass-market consumer product.
And by extension, it could help raise the profile of Worldcoin, which Sam Altman co-founded via Tools for Humanity.
Worldcoin officially launched in the US in early May, offering its iris-scanning orb devices in the States for the first time, while also listing on US-based exchanges.
And in addition to the positive OpenAI and Jony Ive news today, Worldcoin itself also announced $135 million in new funding from Bain Capital and Andreessen Horowitz yesterday.
This puts it on a solid footing to continue growing, with its native token on course to hit $2.50 by Q4.
Another High-Potential Altcoin with Strong Fundamentals You Shouldn’t Miss
Worldcoin isn’t the only new token to watch in the coming months, with several other projects also showing potential for rapid growth.
Some of these are presale tokens, which can often rally vigorously when they list for the first time, particularly if their sales had generated enough hype and momentum.
And one of the most exciting presales happening right now belongs to MIND of Pepe (MIND), an ERC-20 token that has raised almost $10 million in its presale, which ends in under nine days.
This is a really impressive figure, and when combined with MIND of Pepe’s follower count on X, it points to just how popular the project could become once it launches.
And the reason for its early popularity is that the project is launching an autonomous AI agent, one which will help investors make better trades and which will also generate its own meme tokens.
As an AI agent, MIND of Pepe will process large amounts of data from social networks and cryptocurrency markets, using this data to produce highly informed market analysis and advice.
Investors can gain access to this advice by holding MIND, while the native token will also provide them with early access to the coins the platform itself generates.
MIND could therefore become very popular, and given that you can also stake the token, it’s likely to be a profitable coin to hold.
As noted above, its sale will end in nine days, with latecomers able to buy it at the MIND of Pepe website, where it costs $0.0037515.
This is its final presale price, although it could soon rise much higher than this when it lists in just over a week.
The post Worldcoin Surges as Sam Altman Teams With Apple Icon Jony Ive — Is This the Start of the AI Coin Supercycle? appeared first on Cryptonews.
