When it comes to the AI narrative, there isn't much in crypto that would make sense to bet on as a proxy. ethereum:0x163f8c2467924be0ae7b5347228cabf260318753 (via the Worldcoin / Tools for Humanity identity infrastructure / Sam Altman association) is probably one of the more reasonable ones. With OpenAI's S-1 now filed, WLD can be a decent way to express beta to the OpenAI IPO. WLD is holding pretty well considering the broad market dump, with solid momentum and negative funding. From a technical point of view it looks like a break from a six-month accumulation, with price sitting at support and the 200D SMA making it a solid technical level, with a fairly tight invalidation on consecutive closes below.
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