This Altcoin’s Developers May Have Sold Their Own Token Stash

There was a major movement that attracted attention in the cryptocurrency market.

According to Onchain data, the Worldcoin team transferred 110 million WLD (approximately $144 million) from the Ethereum mainnet.

Of these transfers, 85 million WLD ($111 million) was transferred to World Chain via cross-chain transactions, while 25 million WLD ($32.75 million) was deposited on the Kraken exchange. Worldcoin is a project founded by OpenAI CEO Sam Altman.

Meanwhile, a major development has also occurred in artificial intelligence. Nvidia announced a $100 billion investment in OpenAI. Following this development, the price of WLD increased.

OpenAI plans to build hundreds of billions of dollars worth of data centers based on Nvidia's AI processors, according to a joint statement.

The company's goal is to build massive systems requiring 10 gigawatts of power. Nvidia CEO Jensen Huang said this equates to 4 million to 5 million GPUs, equivalent to the company's total shipments this year and roughly double the figure from last year.

*This is not investment advice.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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