Worldcoin (WLD) Removes 'Coin' from Its Name, Registers 2 Million Users

Sam Altman, the CEO of OpenAI, co-founded the cryptocurrency project Worldcoin (WLD), which recently declared that it would no longer use the term

OpenAI CEO Sam Altman is also a co-founder of the cryptocurrency project Worldcoin (WLD), which recently announced that it will no longer use the term “coin” in its name and will instead go by “World.” The site has attracted more than 2 million users from around the globe since launching earlier this year in July, according to Altman.

Moreover, DTX could rally 330%, and XRP price will hit $4 or maybe $5 by 2025, as per AI’s breakout run predictions. XRP price trend still looks promising despite the legal environment and market dynamics, and ChatGPT’s bullish projections provide an interesting perspective.

Alamada Research is Depositing Wordcoin’s (WLD) to Binance

In a notable move, Worldcoin (WLD) was recently deposited to Binance by Alameda Research, a major player in the cryptocurrency market. Just a day earlier, Alameda deposited 143,770 WLD, or around $298,190, as per Spotonchain data.

Since August 9, Alameda Research has made several minor deposits to Binance, totaling 2 million Worldcoin (WLD) (around $3.46 million). The court’s recent approval of FTX’s proposal to pay back $16.5 billion to its customers has put more pressure on Alameda to sell its assets. Alameda Research currently holds 23.01 million WLD, valued at around $47.6 million. At the current rate of sale, it could take over three years to fully liquidate these remaining tokens.

Meanwhile, Worldcoin’s price has only risen 2% in the past month amid the sell-off pressure. It is currently trading at $1.97. After finding support at the $1.86 level, it is approaching the next resistance level of $2.45. If it manages to cross this hurdle, WLD could aim for a target of $3.00.

XRP, Ripple Aim to Disrupt $27 Trillion Cross-Border Payments Industry

Max Avery’s latest observations highlight Ripple’s achievements in the DeFi landscape, emphasizing the company’s contributions to cross-border payments and the potential for XRP to enhance the efficiency of global financial institutions.

As Ripple and its payment solutions evolve, Avery notes that the existing cross-border payment sector, which is currently valued at $27 trillion, faces significant challenges that Ripple is well-positioned to address.

The On-Demand Liquidity (ODL) function is integral to Ripple’s architecture as it utilizes XRP as a bridge currency and eliminates the need for costly pre-funding requirements.

Ripple’s system boasts a settlement time of 3-5 seconds and operates independently of banking hours, enabling payments to be processed 24/7.

According to Avery, Ripple’s solution can reduce costs by up to 60% by eliminating the use of nostro-vostro accounts, which are the conventional banking system’s method for cross-border funding, and decreasing operational load.

XRP Price Analysis

In the early hours of October 29, the XRP price rallied close to the $0.53 resistance level. After lagging behind the market average for several weeks, on-chain data trends suggest that increased network activity may propel XRP prices higher ahead of the US elections. Prior to the recent recovery phase, XRP price dropped to a multi-month low of $0.49 on Friday, sparking concerns of significant long liquidations.

GPT-4O Predicted 330% Rally for the DTX Exchange

In the same way that the ICO sector is a hunting field for low-cap gems and the next crypto unicorns, the cryptocurrency market is exploding. After achieving $6.3 million in early investment, DTX Exchange (DTX), now in its last quarter, has been praised as the finest presale of Q4.

There are several reasons why investors are excited about DTX Exchange (DTX), including its massive upside potential and hybrid trading strategy. In contrast to traditional trading platforms, it offers the best of both worlds by combining the best features of centralized and decentralized exchanges.

It is already pre-listed on CoinMarketCap and set to hit $1 soon, with its market debut rapidly approaching. Given its current price of $0.08, this could be the greatest new cryptocurrency to buy.

Learn more:

Buy Presale

Visit the DTX Website

Join the DTX Community

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