SORA coin was created with the launch of Sora, OpenAI's generative artificial intelligence (AI) tool, capable of generating videos from a text command.
After all, is the SORA token part of OpenAI's ambitious artificial intelligence project? What explains the meteoric success of this cryptocurrency? Keep reading to understand.
What is generative artificial intelligence?
To understand the success of SORA coin, you need to understand OpenAI's new generative artificial intelligence tool. Do you know what exactly this concept means?
Generative artificial intelligence is an aspect of artificial intelligence specifically focused on creating systems capable of generating new content from pre-existing data.
These systems use deep learning models, such as generative neural networks, to create never-before-seen text, images, videos, programming code, and other data. There is a creative element involved, which does not occur with conventional artificial intelligence tools.
How Sora AI works
Sora's goal is to generate videos up to a minute long from text prompts. The content stands out for its great detail, complex camera movements and multiplicity of characters, which express emotions and contexts.
According to the tool's developer, the new generative artificial intelligence model is capable of creating small films with resolutions of up to 1080p, with a very impressive wealth of details. It's no surprise that the launch excited the market.
Launch of Sora and success of AI-related cryptocurrencies
With the launch of Sora in February 2024, OpenAI moved the cryptocurrency market, even though the project is not directly related to the blockchain system.
To give you an idea, WorldCoin (WLD), the OpenAI CEO's cryptocurrency, grew 110% at the launch of Sora. Other tokens related to artificial intelligence were also boosted.
SORA coin appreciation
In reality, SORA coin has nothing to do with Sora AI. They just share the same name. The coin was launched on the market with the launch of the new artificial intelligence solution with the aim of taking advantage of the moment.
Thanks to market optimism, several cryptocurrencies associated with artificial intelligence projects showed great appreciation, but none surpassed SORA coin. Its price increased by 570,000% in just 4 days, reaching a market value of US$16.8 million.
According to the token's creators, the objective was to pay great homage to OpenAI's promising text-to-video conversion system. It seems to have worked, as the currency attracted a huge volume of investors.
Follow the SORA coin price in real time
The rapid rise of SORA coin has sparked market interest. Currently, the best way to follow the currency rate is through charts updated in real time on NovaDAX.
On the platform, you will find graphs that show the prices of the main cryptocurrencies on the market. Through them, it is possible to monitor price fluctuations, compare assets and understand the best time to buy or sell cryptocurrencies.
Invest in SORA coin at NovaDAX
If you were impressed by the appreciation of SORA coin and wanted to take advantage of the coin's potential, you can celebrate: it is already listed on NovaDAX for you to invest with complete security and practicality.
Invest in SORA coin and more than 300 cryptocurrency options in a simple, accessible and transparent way: create your free account at NovaDAX now and start operating in this promising market!
