SORA

2024

Worldcoin

Sora

An unknown trader made $176,000 on the new SORA token, which is not affiliated with the new text to video AI, by investing only 0.049 ETH ($137).
As Lookonchain analysts pointed out, the trader spent 0.049 <a href="https://crypto.news/price/Ethereum/" target="_blank" rel="noopener noreferrer nofollow">ETH</a> ($137) to purchase 16 million SORA, after which trader sold 12.36 million SORA for 36.57 ETH ($102,492).
The SORA token was created shortly after the launch of the generative artificial intelligence model of the same name from OpenAI. However, the coin is not affiliated with the development team.
In total, the same trader is in the green about 1280x of their initial investment, or about $176,000.
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 With less than 0.05 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> ($137), this trader made $176K on <a href="https://twitter.com/search?q=%24SORA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SORA</a>, a gain of 1280x!😱 He spent a total of 0.049 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a>($137) to buy 16M <a href="https://twitter.com/search?q=%24SORA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SORA</a> and sold 12.36M <a href="https://twitter.com/search?q=%24SORA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SORA</a> for 36.57 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a>($102,492), with 3.64M <a href="https://twitter.com/search?q=%24SORA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SORA</a>($74K) left, the total profit is ~$176K.<a href="https://t.co/Z43Vph9NTw" target="_blank" rel="noopener noreferrer nofollow">https://t.co/Z43Vph9NTw</a> <a href="https://t.co/cdMjlYSl5D" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/cdMjlYSl5D</a>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1759222299813921164?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">February 18, 2024</a>
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Over the past 24 hours, the price of the SORA token has decreased by almost 20%, and at the time of writing is $0.01591.
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 <img loading="lazy" width="1024" height="455" src="https://crypto.news/app/uploads/2024/02/Screenshot-2024-02-19-at-14.03.49-1024x455.png" alt="Trader made 1280x profit on SORA token - 32">
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 Source: GeckoTerminal
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OpenAI introduced a new neural network, Sora, for video generation. The company says Sora can create realistic and fantasy scenes using text instructions. The text-to-video model allows users to create photorealistic videos up to a minute long from text descriptions.
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 Introducing Sora, our text-to-video model. Sora can create videos of up to 60 seconds featuring highly detailed scenes, complex camera motion, and multiple characters with vibrant emotions. <a href="https://t.co/7j2JN27M3W" target="_blank" rel="noopener noreferrer nofollow">https://t.co/7j2JN27M3W</a> Prompt: “Beautiful, snowy… <a href="https://t.co/ruTEWn87vf" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/ruTEWn87vf</a>— OpenAI (@OpenAI) <a href="https://twitter.com/OpenAI/status/1758192957386342435?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">February 15, 2024</a>
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Meanwhile, the <a href="https://crypto.news/tag/Worldcoin/" rel="noopener noreferrer nofollow">Worldcoin</a> project token, associated with <a href="https://crypto.news/tag/OpenAI/" target="_blank" rel="noopener noreferrer nofollow">OpenAI</a> founder Sam Altman, <a href="https://crypto.news/wld-skyrockets-by-180-in-week-surpassing-1m-daily-active-users/" target="_blank" rel="noopener noreferrer nofollow">grew</a> by more than 40% in a day and set an all-time high. In weekly terms, the increase was about 180%. The growth of the WLD’s rate, some analysts believe, can be attributed to the recent announcement of OpenAI’s generative neural network for video, Sora.
You might also like: <a href="https://crypto.news/worldcoin-gain-openai-sora/" rel="noopener noreferrer nofollow"> Worldcoin sees nearly 40% gain as OpenAI ships Sora </a>

Trader made 1280x profit on SORA token

crypto.news

Other articles published on Feb 19, 2024

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