The post Post-OpenAI 27% Crash Sets Up Rally appeared on BitcoinEthereumNews.com. Worldcoin trades at $0.46 as of writing after dropping more than 27% from its The post Post-OpenAI 27% Crash Sets Up Rally appeared on BitcoinEthereumNews.com. Worldcoin trades at $0.46 as of writing after dropping more than 27% from its

Post-OpenAI 27% Crash Sets Up Rally

3 min read

Worldcoin trades at $0.46 as of writing after dropping more than 27% from its recent intraday high. The token surged earlier in the session on reports linking OpenAI to a potential biometric-based social media platform, then retraced the entire move within hours. 

The rapid reversal placed Worldcoin among the most volatile large-cap tokens over the past 24 hours.

The price jump followed a Forbes report stating that OpenAI has explored building a “humans-only” social network aimed at limiting bots. Sources described a small internal team developing an app that could rely on biometric verification to confirm real users. Reports indicated that verification could use Apple Face ID or Worldcoin’s iris-scanning Orb device. 

Traders quickly associated the concept with Worldcoin, which OpenAI CEO Sam Altman co-founded, even though no formal partnership announcement appeared.

Price Action Reflects Hype-Driven Momentum

Within a single day, WLD climbed from roughly $0.45 to $0.65 before sliding back to its starting range. Market capitalization briefly expanded, then fell to about $1.27 billion as price retraced.

Daily trading volume surged more than 800% to $681 million at the peak, then dropped nearly 49% to about $380 million as momentum faded. Futures open interest jumped 75% to $192 million, signaling heavy speculative positioning during the rally.

Lack of Confirmation Fuels Pullback

Reports did not confirm any direct collaboration between OpenAI and Worldcoin, which shaped the reversal. Traders reacted to the absence of official statements after the initial excitement. Similar price behavior followed prior OpenAI-related headlines, including a September 2025 infrastructure deal with Oracle that briefly lifted WLD without lasting follow-through. Markets once again adjusted expectations as clarity failed to materialize.

Worldcoin’s Identity Vision Remains in Focus

Worldcoin centers on World ID, a decentralized identity system designed to verify personhood through biometric data. The project claims to have verified millions of users globally while promoting privacy through zero-knowledge proofs.

The World Network raised $135 million from investors such as a16z and Bain Capital Crypto and recently drew attention after BitMine allocated $250 million to WLD treasury reserves. These developments keep Worldcoin visible within the digital identity debate.

Regulatory Scrutiny Shapes Sentiment

Worldcoin continues to face regulatory challenges in several jurisdictions. Authorities in Kenya temporarily suspended operations, while regulators in the U.K. reviewed how the project handles biometric data. 

These factors remain relevant as biometric identity solutions attract broader attention amid rising concerns over AI-generated bots and misinformation. Market participants continue to weigh innovation against compliance risk.

Technical Levels and Forecasts Guide Traders

Chart analysts noted that Worldcoin recently tested resistance near a descending trendline before the reversal. Price now hovers near the $0.45–$0.50 support zone, an area that traders monitor closely. 

Forecast models from CoinCodex project WLD near $1.04 by the end of 2026, based on historical data and trend assumptions. Whether price stabilizes or resumes volatility depends on confirmation, liquidity, and broader market conditions.

Worldcoin’s rapid rise and fall highlight how fast narrative-driven moves can unwind. With attention still fixed on OpenAI’s next steps, traders now watch whether headlines turn into concrete developments or fade back into speculation.

Source: https://coinpaper.com/14168/worldcoin-price-prediction-post-open-ai-27-crash-sets-up-rally

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

GBP/USD rises as Fed rate cut odds boost Sterling

GBP/USD rises as Fed rate cut odds boost Sterling

The post GBP/USD rises as Fed rate cut odds boost Sterling appeared on BitcoinEthereumNews.com. GBP/USD resumes its uptrend on Friday, trimming some of Thursday’s losses as the US Dollar (USD) recovers some ground. Inflation data in the US kept steady the chances of a Federal Reserve (Fed) cut at the December meeting, weighing on the Greenback. At the time of writing, the pair trades at 1.3349, up 0.19%. GBP/USD rallies as US Core PCE reaffirms Fed rate cut in December The Core Personal Consumption Expenditures (PCE) Price Index, the Fed’s favorite inflation gauge, which excludes food and energy, rose by 0.2% MoM in September, unchanged from August and aligned with estimates. In the twelve months to September, it ticked lower from 2.9% to 2.8%. At the same time, the University of Michigan Consumer Sentiment in December rose to 53.3, above estimates of 52 and up from November’s final reading of 51. Joanne Hsu, the Director of the Surveys of Consumer, noted that “consumers see modest improvements from November on a few dimensions, but the overall tenor of views is broadly somber.” Americans’ one-year inflation expectations in December dipped from 4.5% to 4.1%. For a five-year period, it decreased from 3.4% in November to 3.2%. Given the backdrop, expectations for a 25 basis points (bps) Fed rate cut next week remained unchanged at 84%, as revealed by Capital Edge Rate Expectations Overview data. Source: Capital Edge After the data release, GBP/USD bounced towards 1.3350 after meandering around 1.3340 as the US Dollar tumbled to expectations of further easing. In a note, Morgan Stanley said it expects a 25-bps cut in December, in January, and in April of 2026. They expect the Fed funds rate to end at 3%-3.25%. The British Pound (GBP) shrugged off worries about last month’s budget, while business activity showed some improvement, according to S&P Global. Despite this, the Bank of England…
Share
BitcoinEthereumNews2025/12/06 02:24
Crossmint Partners with MoneyGram for USDC Remittances in Colombia

Crossmint Partners with MoneyGram for USDC Remittances in Colombia

TLDR Crossmint enables MoneyGram’s new stablecoin payment app for cross-border transfers. The new app allows USDC transfers from the US to Colombia, boosting financial inclusion. MoneyGram offers USDC savings and Visa-linked spending for Colombian users. The collaboration simplifies cross-border payments with enterprise-grade blockchain tech. MoneyGram, a global leader in remittance services, launched its stablecoin-powered cross-border [...] The post Crossmint Partners with MoneyGram for USDC Remittances in Colombia appeared first on CoinCentral.
Share
Coincentral2025/09/18 21:02
MOEX to Launch $XRP Indices/Futures: $MAXI Adoption Grows

MOEX to Launch $XRP Indices/Futures: $MAXI Adoption Grows

The post MOEX to Launch $XRP Indices/Futures: $MAXI Adoption Grows appeared on BitcoinEthereumNews.com. MOEX to Launch $XRP Indices/Futures: $MAXI Adoption
Share
BitcoinEthereumNews2026/02/04 06:00