- WLD fell to $1.85 after the AI firm revealed that it had fired its CEO.
- The price may hit $1.65 if selling pressure continues and it approaches oversold levels.
- If accumulation returns, WLD may retest $2 or flip the $2.20 support.
The crypto and AI community was sent into shock on November 17 as the board of OpenAI, the firm behind ChatGPT announced that it had gotten rid of Sam Altman. Sam Altman was the CEO and co-founder of OpenAI, while also being responsible for the development of Worldcoin (WLD).
Altman Out, Worldcoin Down
As a result of the development, the price of WLD fell. At press time, based on CoinMarketCap’s data, WLD changed hands at $1.85. This value represents a 13.21% decrease in the last 24 hours, indicating massive selling pressure.
Worldcoin 24-Hour Performance (Source: CoinMarketCap)
Meanwhile, OpenAI gave its reasons for giving Altman the boot. According to the company’s official disclosure, the decision to oust the former CEO was because he was not candid in his communication with the board.
“Mr. Altman’s departure follows a deliberative review process by the board, which concluded that he was not consistently candi…
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