In a surprising turn of events, Worldcoin (WLD) and XRP (XRP) emerged as the top performers in the cryptocurrency market on Thursday, defying the broader market’s sideways movement.
Worldcoin, the native currency of the blockchain-based identity verification project, experienced a remarkable 9% surge, making it the most successful cryptocurrency in the last 24 hours. The coin’s trading volume also witnessed a significant jump of 86%, reaching $182 million, indicating substantial investor demand. This rally came on the heels of the launch of OpenAI’s new ‘o1′ model, a significant step towards the company’s ambitious goal of achieving human-like artificial intelligence. Notably, OpenAI CEO Sam Altman launched the Worldcoin project last year.
Apart from Worldcoin, XRP also showcased impressive gains, rising by 4.42% in the past 24 hours. This impressive performance positioned XRP as the market’s biggest large-cap gainer during this period. This positive momentum was driven by Grayscale Investments’ recent launch of a new XRP Trust, aimed at providing accredited investors exposure to XRP’s price fluctuations. This move marks a significant development considering Grayscale dissolved its earlier XRP trust in January 2021 following the SEC’s lawsuit against Ripple Labs, the company utilizing XRP for its product offerings.
At the time of writing, WLD was trading at $1.53, while XRP was valued at $0.562, according to data from Benzinga Pro.
