Donald Trump has announced the “Stargate” project valued at $500 billion, aimed at developing the United States’ artificial intelligence infrastructure. In response, AI-related tokens, including WLD from the World Network project, have surged in price.
What Is “Stargate”?
The Stargate initiative involves building data centers to advance AI development. Major participants include OpenAI, SoftBank, Oracle, Microsoft and Nvidia, as well as the AI investment fund MGX. Trump stated the project will create over 100,000 jobs and bolster the U.S. in the global technology race.
Masayoshi Son, CEO of SoftBank, clarified that $100 billion will be invested up front, with the remaining funds allocated over four years. The first data centers are already under construction in Texas, using Oracle’s existing infrastructure.
Technological Goals and National Security
Trump emphasized that the main goal of Stargate is to maintain U.S. leadership in AI, underscoring America’s need to remain on top despite competition from China and other nations. The head of OpenAI noted that the project will also enhance national security and support the nation’s reindustrialization.
Larry Ellison of Oracle added that the new infrastructure will be used for analyzing medical data and improving healthcare services.
AI Crypto on the Rise
The Stargate announcement reignited the market for AI-focused cryptocurrencies. According to Coinmarketcap, the market cap of AI tokens has climbed 7.03% in the last 24 hours, reaching $49.31 billion.
Among the major beneficiaries is WLD, linked to World Network, which saw a 17.87% price jump in 24 hours to $2.16. Although surging, the token is still far from its all-time high of $11.82, set in March 2024.
World Network is a privacy token known for its World ID biometric identification system based on iris scans. This approach has drawn regulatory scrutiny in several countries, including Hong Kong, yet the project continues to expand, now counting 10.5 million users in its database.
WLD Price Forecast
Amid WLD’s rally, crypto community members are offering optimistic projections. Some analysts expect the token could return to its record highs by summer 2025. More cautious investors see $3.40 as a key resistance, while bolder predictions envision a rise beyond $30 by March 2025.
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