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Creator of OpenAI introduces Worldcoin

Creator of OpenAI introduces Worldcoin

In this week’s episode of “The Market Report,” Cointelegraph’s resident expert discusses the controversial launch of the Worldcoin token by OpenAI creator Sam Altman. The expert highlights two outliers in the tokenomics of Worldcoin: the extremely high trading volume in the first 24 hours and the unlocking of 40% of tokens between July 2024 and July 2025. These factors pose significant risks for traders and investors.

The episode also explores the Deribit Bitcoin volatility index, which reached its lowest level in two years. While some analysts interpret this as a sign of price stability for Bitcoin, the expert disagrees and offers a counterintuitive reading of the indicator.

Key points:

– Worldcoin token launch is controversial due to high trading volume and future token unlocking.

– Deribit Bitcoin volatility index indicates potential price stability, but expert offers a different perspective.

– Traders and investors should carefully consider the risks associated with Worldcoin and Bitcoin’s volatility.

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