A widely followed analyst and trader is turning bullish on OpenAI founder Sam Altman’s Worldcoin (WLD) project.
The analyst pseudonymously known as The Flow Horse tells his 186,800 followers on the X social media platform that Worldcoin is showing strength despite the unfolding Altman drama.
On Friday, Altman was reportedly ousted from OpenAI and later met with the OpenAI board on Sunday. There was speculation Altman would be rehired by OpenAI, but he was not. Later, Microsoft hired Altman to lead its artificial intelligence (AI) research team.
Said The Flow Horse Sunday,
“The Altman board decision is in 25 minutes from now at 8 pm EST. [Sunday].
WLD looks bid into the decision, is trading through the most significant level on the chart, and has been trading responsively around this saga.
If he stays, it is bullish; if he leaves, it is bullish.”
Worldcoin is trading for $2.32 at time of writing, down 5% in the last 24 hours.
Next up, the trader predicts a breakout for Ocean Protocol (OCEAN), a project that aims to enable users to access and monetize data using artificial intelligence. He says it will likely mirror the surge by SingularityNET (AGIX), a blockchain-based marketplace for artificial intelligence services.
“I present to you, AI twins. OCEAN looks exactly like AGIX before the breakout. Someone aped spot pre-breakout and then paper-handed it, except on the sell it was completely absorbed.”
OCEAN is trading for $0.48 at time of writing, up 2.7% in the last 24 hours and above the trader’s resistance level.
Lastly, the trader says that the cloud-focused decentralized finance (DeFi) protocol Akash Network (AKT) appears to be in a bullish price pattern.
“I was put on to AKT by a well-known person here who wished to remain silent about it. This is a project I can see doing very well over the next two years. As always, DYOR (do your own research), but from a technical standpoint, this price action and level-building look excellent. A very useful project for an AI-driven world.”
AKT is trading for $1.61 at time of writing, up slightly in the last 24 hours.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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