Meanwhile, Hyperliquid’s HYPE token climbed about 60% over two days, triggering more than $20 million in liquidations of short positions. Worldcoin Surges on OpenAI Rumorssurged sharply this week after reports linked the token’s price action to a new social media initiative allegedly being developed by . Development is said to have started in early 2025, with the goal of creating a clear point of differentiation from existing social media platforms, particularly those struggling with large volumes of automated or bot-generated content. WLD’s price action over the past 24 hours (Source: CoinCodex)Details on how the proposed social media platform will integrate with OpenAI’s existing products or with the Worldcoin token is still unclear. This development coincided with a noticeable reduction in sell pressure after a large staking unlock, which previously weighed on price action.