Worldcoin (WLD) demonstrates significant price growth, linked to a recent announcement about collaboration with OpenAI and the 'OneGov' project.
Collaboration with the Public Sector
The 'OneGov' initiative, introduced in Washington, reinforces the White House's strategy on artificial intelligence. This project provides access to ChatGPT Enterprise licenses for all federal institutions for just $1 over a year. The offering includes 60 days of unrestricted access to advanced models, adaptive training packages, and community support. This collaboration serves as an essential test for applying AI technologies in the government sector.
Acting GSA Administrator Michael Rigas emphasized the strategic importance of artificial intelligence in maintaining the U.S.'s global leadership. OpenAI CEO Sam Altman announced the provision of ChatGPT access for the entire federal workforce. Following this news, WLD saw a near 3% increase.
Technical Indicators and Forecasts
At the time of reporting, WLD coin was trading at $0.97, maintaining a narrow range just below the Bollinger Band’s midline at $1.02. A breakthrough at this level may propel momentum towards the upper band at $1.33. The MACD indicator remains below zero, with the MACD line marginally intercepting the signal line at -0.028, suggesting investor caution prior to directional decisions.
The Bollinger Band’s lower line provides a primary support level at $0.86 in the short term. Observations from the last three sessions indicate higher low formations and a notable $1.6 million increase in WLD coin volume on Coinbase.
Summary and Future Outlooks
The growth in trading volumes for WLD, primarily from the U.S., indicates that interest in the currency may strengthen. If such trends persist and extend to international exchanges, WLD is well-positioned to secure its standing above the $1 threshold. However, the overall trading volume on platforms such as Binance, OKX, and Bybit has decreased by $31 million, indicating a short-term liquidity contraction.
Worldcoin demonstrates significant interest amid its connection with the 'OneGov' project and OpenAI. The further development of the situation will depend on the level of demand and dynamics in international markets.
