Worldcoin (WLD) Price Jumps Over 20% and Looks Set for More Gains After the United States President, Donald Trump, Announced a New Investment Deal Called “The Stargate Project”

The Worldcoin price is performing well today after the United States President, Donald Trump, announced a new investment deal called “The Stargate Project” involving Sam Altman, the founder of the Worldcoin (WLD) crypto and CEO of OpenAI.

United States President Donald Trump announced a new investment project called “The Stargate Project,” which aims to strengthen America’s role in artificial intelligence (AI) and boost global economic growth.

The project, led by Sam Altman, founder of Worldcoin (WLD) crypto and CEO of OpenAI, will see an initial investment of $100 billion.

This news has had a positive impact on the price of Worldcoin, which has risen by 20.44% in the last 24 hours. At the time of writing, WLD price is $2.21.

However, despite the connection between Worldcoin and the Stargate project, it is important to note that the project is primarily focused on AI infrastructure, rather than any specific cryptocurrency.

Moreover, the project’s financial backers include SoftBank, Oracle, and MGX, with OpenAI handling daily operations.

Additionally, major companies like Arm, Microsoft, NVIDIA, Oracle, and OpenAI will collaborate to provide technology and assist in designing and operating the infrastructure.

This collaboration will see the establishment of AI-operated data centers across the United States, aiming to generate 100,000 new jobs for American workers.

Furthermore, the project will be initially headquartered in Texas, with plans to expand to other development sites across the U.S.

This development might be favorable for other AI coins, such as Artificial Superintelligence Alliance (FET), NEAR Protocol (NEAR), AIOZ Network, GRASS, Virtuals Protocol, and others.