Altman’s Worldcoin token goes on a wild ride around OpenAI drama

The Worldcoin digital token from a project co-founded by Sam Altman has been among the most volatile in crypto recently as the saga over his OpenAI ouster and potential reinstatement transfixes the business world. The token began sliding Thursday from a peak of $2.48 as digital-asset markets retreated, a drop that was exacerbated by Altman’s firing on Friday. Worldcoin eventually hit a low of $1.84 in the hours after his exit, CoinGecko data shows.

Worldcoin, also known as WLD, has since rallied 18% in 24 hours to retake the $2.40 level amid efforts by a group of OpenAI executives and investors to reinstate Altman as chief executive officer.