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Bitcoin price remains relatively stable while news flow intensifies around altcoins. Once again, something happened and prices are fluctuating. Due to regulatory pressure, Worldcoin faced issues globally, but a recent development turned its direction upwards, surpassing $5.
Why WLD Coin is Rising
OpenAI’s founder met with Argentina’s President Francisco. Worldcoin team’s efforts to win over world leaders continue with the intense efforts of OpenAI’s CEO. Despite heavy legal pressure that could end most altcoins, the hype in the AI field, OpenAI’s strong position, and Sam Altman’s prominent role at OpenAI save WLD Coin from this nightmare.
Sam Altman and Alex Blania met with Argentina’s President Javier Milei to discuss investment in the South American country. Following this news, WLD Coin’s price rose to $5.02 and continues to increase by 8%. Although the rise from $4.8 created a long upper wick, the volatile trend persists.
Bitcoin supporter and new President of Argentina did not bring the expected major changes after taking office. Some regulations announced in April confirmed Milei administration’s skepticism about taking positive steps regarding crypto. Countries seeking loans from the IMF, especially like Argentina, must adhere to their stipulations, including those on crypto.
