Arthur Hayes, co-founder of BitMEX and one of the most prominent figures in the industry known for his bold predictions for Bitcoin (BTC) and altcoins, has begun supporting a new altcoin.
Accordingly, Arthur Hayes announced that he has begun supporting Worldcoin (WLD), which is at the center of the controversy.
Hayes, posting from account X, shared a chart related to WLD and also set a price target for the token.
Hayes, noting Worldcoin’s rise, set a target of $10 for the token.
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The World project, founded by OpenAI founder Sam Altman, has been the subject of much controversy since its inception. Its use of IRIS data for identity verification has led to bans and investigations by various countries.
However, upon its release, WLD, which had surged to $11 during the 2024 AI rally, fell to as low as $0.2.
WLD, which has risen by 20% in the last 24 hours and more than 100% in the last month, is still trading at $0.50 at the time of writing.
*This is not investment advice.
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