Worldcoin Price Prediction: Impact of OpenAI o1 Model on WLD Coin
Worldcoin Price Prediction: Will WLD Coin Reach $50 by the End of 2024
Worldcoin ($WLD Coin) experienced a notable price surge after OpenAI revealed its latest AI model, o1, designed to enhance reasoning and problem-solving capabilities. On September 12, WLD coin spiked by 16%, climbing above the key $1.50 resistance level.
At the press time, Worldcoin is currently trading at $1.51 with $654,490,790 in market cap and $197,449,314 24-hour volume.
This increase is largely attributed to the association between OpenAI’s co-founder Sam Altman, who is also behind Worldcoin. With OpenAI's new model causing waves in the tech world, Worldcoin could leverage this momentum to break new price barriers.
OpenAI o1 Model Sparks Market Excitement
OpenAI new AI model, o1, is a significant advancement that has captured attention due to its superior reasoning abilities and potential applications in complex fields like quantum physics, coding, and math. The model is said to surpass previous iterations, such as GPT-4o, and is expected to revolutionize how AI approaches problem-solving.
This announcement led to increased interest in AI-related projects, which triggered a surge in related assets, including Worldcoin. The WLD Token, despite its controversies over tokenomics and tightly controlled supply, saw an uptick in value, trading around $1.518 as of the latest session.
Worldcoin Price Prediction: Could It Hit $50?
Worldcoin’s recent price action suggests a bullish continuation pattern. After breaking above the crucial $1.50 resistance, it is now retesting this level, turning it into support. Analysts predict that if this support holds, Worldcoin could extend gains by 34%, potentially reaching the $2.00 mark.
Furthermore, if the WLD crypto manages to surpass the $2.00 psychological barrier, the next major resistance lies around $3.20. However, failure to hold above $1.50 could result in a bearish trend, bringing the price back to $1.35 or $1.25.
Looking ahead, experts predict that Worldcoin value could reach between $1.90 and $2.50 by the end of 2024. In the long term, as AI advancements and market trends continue to evolve, worldcoin price could hit $6.00-$8.00 by 2029 and even soar to $15.00-$20.00 by 2034. However, carrying out your own research is a must before making any investment.
