{"id":20866,"date":"2026-01-29T06:20:36","date_gmt":"2026-01-29T06:20:36","guid":{"rendered":"https:\/\/bitunikey.com\/news\/worldcoin-price-rallies-as-openai-considers-its-biometric-based-identity-for-new-social-app\/"},"modified":"2026-01-29T06:20:44","modified_gmt":"2026-01-29T06:20:44","slug":"worldcoin-price-rallies-as-openai-considers-its-biometric-based-identity-for-new-social-app","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/worldcoin-price-rallies-as-openai-considers-its-biometric-based-identity-for-new-social-app\/","title":{"rendered":"Worldcoin price rallies as OpenAI considers its biometric-based identity for new social app"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Worldcoin price has jumped to $0.5275 at press time, up 14% over the past 24 hours, after reports speculated OpenAI may use its biometric identity verification system for a new social app.<\/p>\n<div id=\"cn-block-summary-block_15de48a33de2f36a31fef70655caab78\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Worldcoin rallied on speculation tied to OpenAI\u2019s social media plans.<\/li>\n<li>Traders increased futures exposure as the narrative gained traction.<\/li>\n<li>The chart still shows heavy resistance despite short-term stabilization.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>At its peak, the WLD token climbed more than 30% to an intraday high of $0.6388 before pulling back, leaving it up 10% over the past seven days and 7% over the past month. Spot trading activity spiked sharply, with 24-hour volume reaching $748.9 million, a 1,090% increase.<\/p>\n<p>Derivatives showed traders leaning more aggressively into the move. CoinGlass <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/currencies\/WLD\/futures\" target=\"_blank\" rel=\"nofollow\">data<\/a> put futures volume up 855% to $1.91 billion, while open interest rose 76% to $193.5 million.<\/p>\n<p>The combination points to fresh positioning rather than short covering alone, though the speed of the build-up also raises the risk of fast unwinds if price stalls.<\/p>\n<h2 class=\"wp-block-heading\">OpenAI social media plans fuel Worldcoin narrative<\/h2>\n<p>According to a Jan. 28 Forbes <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.forbes.com\/sites\/annatong\/2026\/01\/28\/openai-wants-to-create-biometric-social-network-to-kill-xs-bot-problem\/\" target=\"_blank\" rel=\"nofollow\">report<\/a>, OpenAI is exploring the early development of a new social network designed as a \u201chumans-only\u201d platform to tackle bot activity. <\/p>\n<p>The project is reportedly being handled by a small internal team and is testing biometric verification methods to confirm real users.<\/p>\n<p>Verification options under review include iris-scanning technology similar to World\u2019s Orb device, as well as facial recognition systems such as Apple\u2019s Face ID. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The idea is to allow AI-generated content to circulate on the platform while restricting participation to authenticated humans, a sharp contrast to existing social networks that struggle with automated accounts.<\/p>\n<p>The development has drawn attention because OpenAI CEO Sam Altman co-founded World, which uses iris scans to issue proof-of-personhood credentials and distribute Worldcoin (WLD) tokens. <\/p>\n<p>Traders are now pricing in the chance that OpenAI could lean on World\u2019s existing Orb network, pushing its identity system beyond crypto-native use cases and into mainstream social media.<\/p>\n<p>That narrative has lifted sentiment, but it also carries risks that may lead to another short-term dump. Biometric verification remains a sensitive topic for regulators, and World\u2019s previous expansions have faced scrutiny around consent and data handling, factors that could limit how widely such systems are deployed.<\/p>\n<h2 class=\"wp-block-heading\">Worldcoin price technical analysis<\/h2>\n<p>Despite the sharp bounce, Worldcoin is still trading within a broader downtrend. with price consistently capped below descending moving averages. Medium-term bias is tilted to the downside, as the structure reflects\u00a0lower highs and lower<strong> <\/strong>lows.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Worldcoin daily chart. Credit: crypto.news<\/figcaption><\/figure>\n<p>The $0.52\u2013$0.55 area has started to act as a short-term floor after absorbing repeated sell-offs, helping price stabilize following weeks of losses. That stabilization, however, has not translated into a clean breakout.<\/p>\n<p>Rallies have repeatedly stalled near $0.62\u2013$0.63, where sellers have stepped in and capped upside moves. This zone lines up with falling moving averages and has become a clear supply area. <\/p>\n<p>Until price can push through it and hold, upside moves look more like rebounds than a trend shift.<\/p>\n<p>Momentum has modestly declined, with the relative strength index pushing back toward the mid-40s. Volatility has also compressed after the prolonged slide, a setup that often precedes a larger move, though direction is still unclear.<\/p>\n<p>Immediate support sits at $0.52, followed by $0.50. A deeper breakdown would put the $0.42 cycle low back into view. On the upside, bulls need a clean daily close above $0.63\u2013$0.65 on strong volume to alter the prevailing structure. <\/p>\n<p>Until that happens, the bounce looks corrective, with downside risk still firmly in play.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Worldcoin price has jumped to $0.5275 at press time, up 14% over the past 24 hours, after reports speculated OpenAI may use its biometric identity verification system for a new&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9628,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=20866"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20866\/revisions"}],"predecessor-version":[{"id":20867,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20866\/revisions\/20867"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/9628"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=20866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=20866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=20866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}