While the launch of Worldcoin (WLD) created a buzz among people,AI Coin But the latest trading data from Kaiko indicates that the AI coin’s popularity has largely stagnated despite the buzz around Worldcoin’s launch.
According to Kaiko, the trading volume ofCoins related to AI It has increased steadily over the past month. The AI coin trade volume increased from $570 million to $870 million from the end of July to the end of August. However, the volume has dropped significantly since the beginning of 2023, after exceeding $7 billion, and it has stalled. Since then
Dessislava Ianeva, an analyst at Kaiko, noted that investor craze for AI coins began to wane in July. Mainly due to the shift in attitude towards global risk, open interest for the five largest AI coins excluding WLD dropped from $170 million in February to $60 million in August.
Worldcoin launched on July 24, 2023, where it caught the attention of the crypto community. Much of the buzz surrounding the project can be attributed to co-founder Sam Altman, who also serves as CEO of OpenAI.
The main objective of Worldcoin is to create a network consisting only of real people, excluding automated Worldcoin bots. Planning to issue a World ID to people with the goal of a future where individuals will be able to interact with websites without revealing personal information such as names, phone numbers, or email addresses with the system. “Global Identity Verification”
Source: Cointelegraph
2023-09-10 15:03:29
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