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Worldcoin Price Prediction: WLD Coin Bounces Back As Altman Is Reinstated As OpenAI CEO, But Consider This No Drama Top 2023 Meme Coin For Outsized Gains

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Worldcoin
Worldcoin

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Worldcoin price is up 5% in the last 24 hours to trade for $2.446 as of 12:20 AM EST.

Trading volume for the token has, however dwindled by 30%, suggestive of increased risk in the WLD market.

It comes after the discord in the OpenAI community has settled, influencing bullish momentum in the WLD market. Now, OpenAI founder and face of Worldcoin, Sam Altman, has been reinstated as CEO of OpenAI, following intense pressure from OpenAI’s investors and employees threatening to quit without Altman’s restoration.

Altman had received a warm welcome at Microsoft, where he was expected to lead a new advanced AI research team

The market had fronted Altman’s exit, with Reuters reporting, “Microsoft emerged as the big winner of the upheaval at OpenAI, hiring ousted CEO Sam Altman of the startup to avert a potential flight to rivals and help deepen its lead in the AI race.” This also elevated Microsoft CEO Satya Nadella to the face of the AI revolution.

Microsoft will not be home for Altman after all, as the face of Worldcoin resumes his position at the helm of OpenAI. Nevertheless, the relationship between the two entities continues, with Microsoft Corp being OpenAI’s biggest backer. Microsoft could have representation in the new board at OpenAI.

The company will also form a new initial board of directors consisting of Bret Taylor (Chairman), Larry Summers, and Adam D’Angelo. According to a report on Bloomberg, “The reworked board may not be final: its main priority is to nominate and select up to nine new directors.”

Altman has said he looks forward to returning to OpenAI and building on the strong partnership with Microsoft.

Worldcoin Price Prognosis With Altman Back At OpenAI

Worldcoin price continues with its bullish streak, consolidating within an ascending parallel channel. The move has seen WLD market value shatter past the critical hurdle at $2.317, the mean threshold of a supply barrier.

If the Worldcoin price records a decisive candlestick close above $2.317, it would confirm the continuation of the intermediate trend. This could see the WLD market value hit $2.721, rendering the supply zone a bullish breaker, extending from $2.189 to $2.430. In a highly bullish case, the gains could extrapolate for WLD to test the $3.000 psychological level. Such a move would constitute a 25% climb above current levels.

The Relative Strength Index (RSI) is deviated to the north, bolstering the case to the upside. Its trajectory shows momentum is rising, which means the Worldcoin price could still extend north.

Also, the histogram bars of the Awesome Oscillator (AO) are turning from red to green as the bulls steadily gain ground. This adds credence to the bullish thesis.

Worldcoin price
TradingView: WLD/USDT 1-day chart

Meanwhile, as Worldcoin fights to overcome all the turmoil, WSM has become one of the most lauded meme coins in 2023, featuring among the best five crypto presales to buy this year.

Promising Alternatives To Worldcoin

WSM, which powers the Wall Street Memes ecosystem, has taken the industry by storm. The project cruised through its presale remarkably, hitting the $25 million mark in record time.

While at it, the project built up a huge following with an expansive community of users, growing past the one million mark in count. This came along with over 40 million impressions per day.

Wall Street Memes has achieved several successful listings on tier-one trading platforms. It continues to build momentum even now, with an expansive exposure in the crypto realm. This has analysts anticipating a year-end rally in price, catalyzed by the recent premiere of its Telegram-based platform, Wall Street Memes Casino.

The advent of Telegram-linked cryptocurrency and casino revenue-sharing model has elevated the project. Now, the focus is to maximize the WSM token’s value for investors.

Moreover, Wall Street Memes has recently disclosed that KuCoin has included WSM tokens for perpetual trading, with up to 20X leverage.

Visit the Wall Street Memes website to buy WSM tokens here.

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