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NBTC News
Altcoins

One is Trending Because of Warren Buffett

NBTCBy NBTC18/05/2024No Comments1 Min Read

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According to data shared by the cryptocurrency analysis platform Santiment, two altcoins have become an extra trend among users today.

According to analysts, the first of these altcoins stands out as Worldcoin (WLD). WLD, which is actually an AI-themed token, experienced a 44% increase in market value in May. WLD hit a bottom in April.

Interestingly, billionaire Warren Buffett played a big role in WLD’s recent rise to the agenda and its positive impact. According to analysts, the token rose after Buffett recently made a controversial statement that potentially illegal financial activities are becoming more common with artificial intelligence.

Worldcoin is known as a cryptocurrency project of Sam Altman, CEO of the recently popular artificial intelligence company OpenAI. Especially in low-income countries, people obtain WLD tokens for free by recording their eye irises on devices called orbs. This brings up discussions about privacy.

The second trending altcoin on Santiment’s list was Litecoin (LTC). LTC has seen renewed interest recently due to the connection to Grayscale and views on Litecoin ETFs potentially emerging in the future, according to analysts.

*This is not investment advice.

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NBTC

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