This summary text is fully AI-generated and may therefore contain errors or be incomplete.
On Monday, Worldcoin (WLD) experienced a surge in price following the news that Microsoft has hired former OpenAI CEO Sam Altman to lead a new advanced AI research team. This announcement has sparked enthusiasm among WLD investors, despite some large investors selling off their holdings. The speculation surrounding the partnership between Worldcoin and Microsoft has led to a significant increase in trading volume for WLD. However, there have been regulatory challenges for the Worldcoin project in various jurisdictions due to concerns about data storage. The hiring of Altman by Microsoft is expected to help facilitate the mainstream adoption of Worldcoin. Altman had previously attempted to negotiate his return to OpenAI but was unsuccessful, leading to uncertainty about the future of the ChatGPT project. Microsoft’s status as a major investor in OpenAI has also raised questions about the future of ChatGPT. In response to the news, several large Worldcoin investors have deposited significant amounts of WLD coins to various crypto exchanges. Despite these developments, the Worldcoin project has faced challenges and has recently undergone upgrades to reduce the load on Ethereum’s Optimism. The price of WLD has seen a significant increase and is expected to continue rallying in the coming weeks. The daily 50 Moving Average has provided strong support for the altcoin, and the daily Relative Strength Index suggests further potential for growth.