Worldcoin (WLD) Price Rallies 5% as Sam Altman Shares OpenAI GPT Updates

Worldcoin (WLD) Price Rallies 5% as Sam Altman Shares OpenAI GPT Updates

Key Notes

Key Notes:

Trading volumes for Worldcoin rose by 35%, with open interest and liquidations also seeing notable increases.Worldcoin is currently in an accumulation zone between $1.2705 and $0.9492, presenting a potential entry point for investors.Sam Altman unveiled OpenAI’s plans for GPT-4.5 and GPT-5, with a focus on simplifying product offerings.

Worldcoin WLD $1.26 24h volatility: 6.5% Market cap: $1.32 B Vol. 24h: $195.27 M , the native project of OpenAI CEO Sam Altman, is once again in the limelight as Altman revealed the company’s plans for new GPT models i.e. GPT 4.5 and GPT 5. The announcement was enough to send Worldcoin (WLD) price soaring by more than 5% moving all the way to $1.30 levels.

Interestingly, the daily trading volumes for WLD are also up by 35% moving all the way to $231 million. Furthermore, the CoinGlass derivatives data shows that the Wordlcoin open interest is up 2.59% to $186 million while the 24-hour liquidations have soared to $1.1 million.

Worldcoin price is currently trading within the accumulation zone, identified between $1.2705 and $0.9492, suggesting a potential entry area for investors. Analyst AmBitcoin has outlined several price targets (Take Profit levels) for the cryptocurrency, starting at $2.3769 and progressing to $2.6504, $3.1043, $3.4578, and $4.8398, with a long-term target set at $11.8361.

However, caution is advised as the invalidation level is set at $0.5835. A breach below this level could indicate a bearish breakdown.

Source: AmBitcoin

Just recently, OpenAI CEO Sam Altman has revealed the company’s roadmap for its new AI models: GPT-4.5 and GPT-5. He further added that these new models will focus on simplifying different product offerings. In a message on the X platform, Altman wrote:

“We want AI to ‘just work’ for you; we realize how complicated our model and product offerings have gotten. We hate the model picker as much as you do and want to return to magic unified intelligence”.

The OpenAI CEO also explained that GPT-4.5, internally referred to as “Orion”, will be the company’s final model not utilizing a chain-of-thought architecture. This highlights the shift towards a more unified AI strategy.

On the other hand, the upcoming GPT-5 model will integrate OpenAI’s full technology stack. This will include the o3 model, and will be accessible across all ChatGPT subscription tiers. Free-tier users will enjoy unlimited access to GPT-5 at a standard intelligence level, while Plus and Pro subscribers will benefit from access to progressively more advanced versions of the model.

Altman’s comments follow recent reports of a staggering $97 billion takeover bid for OpenAI. Elon Musk, a co-founder of OpenAI who left the organization in 2018 over strategic disagreements, is reportedly spearheading an investor group aiming to acquire the company.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

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