Worldcoin Surges: 3AC Holdings Reach $900 Million

The increase in the price of Worldcoin has lead to the increase of 3AC Liquidator’s holding reaching a staggering valuation of $900M.

There has been a tremendous increase in the price of Worldcoin (WLD), resulting in the 3AC Liquidator’s holdings reaching an astounding valuation of $900 million.

Indeed, the recent introduction of Sora by Sam Altman’s OpenAI coincides with this rise, which correlates with a broader uptrend in tokens related to artificial intelligence overall.

The large increase in WLD’s price, on the other hand demonstrates that investors are becoming increasingly interested in both the token and the broader market for AI-driven cryptocurrencies.

Investors are closely monitoring the wallet address 0xc7c, named “Teneo: 3AC Liquidation,” as the cryptocurrency market experiences swings. This wallet address has amassed a considerable portfolio of digital assets.

According to Scopescan data, the wallet’s holdings have surged to a record value of $900 million due to the revival in WLD prices. In the meantime, the majority of the wallet’s holdings are comprised of a variety of cryptocurrencies, with the majority of the assets being 75 million Worldcoin (WLD) tokens, which have a maximum value of around $623.25 million.

Furthermore, the wallet has 134.17 million units of STRK, which is equivalent to about $250 million, as well as 8.437 million units of DYDX, which is equivalent to approximately $25.058 million.

Additionally, the wallet contains 160,000 units of AXS, which are worth around $1.242 million. Notably, the rise in the price of Worldcoin coincides with a broader upward trend in tokens related to artificial intelligence (AI), spurred by the recent launch of Sora by Sam Altman’s OpenAI.

The launch of Sora has significantly increased excitement within the technology sector, particularly in the artificial intelligence sector further boosting investor trust in AI-driven initiatives.

As a consequence of this, Worldcoin has become a focal point for investors who are interested in gaining exposure to cutting-edge artificial intelligence technology within the cryptocurrency industry.

The recent increase in the price of Worldcoin demonstrates the cryptocurrency’s growing momentum within the cryptocurrency market, particularly for tokens related to artificial intelligence.

The revolutionary approach that Worldcoin takes to utilizing artificial intelligence in blockchain technology has attracted a lot of attention. Sam Altman co-founded Worldcoin.

The price spike also reflects investor confidence in Worldcoin’s mission and the potential applications of the cryptocurrency. Worldcoin’s price rose by 23.25% to $8.35, and its trading volume surged by 30.96% to $1.03 billion.

Specifically, the WLD token has increased by more than 170% in the past seven days, and by more than 270% in the past month. Additionally, the community recently made a noteworthy statement, revealing that the number of subscribers to the World App, the wallet for Worldcoin, surpassed one million in the most recent week.

The community’s update on X published on February 17th, shows that the user base of the World App wallet has surpassed the one million milestone.

This signifies a series of successes for the Worldcoin movement. This phenomenon has swiftly captured attention due to the rapid growth in project acceptance, coinciding with the rising momentum of WLD prices.