AI heavyweight Anthropic has said that it plans to go public in the US. Anthropic stated on Monday that it has filed with regulators for an IPO (Initial Public Offering) in the US later this year. The announcement has led to substantial online buzz. The firm said that prices and the number of shares “have not yet been set.” Anthropic’s decision follows a similar announcement from SpaceX. Elon Musk’s space venturing firm is expected to go live for trading later this month. SpaceX recently acquired his own xAI platform earlier this year. The hype around Anthropic going public has also trickled into the crypto space. AI-based crypto assets are experiencing price surges amid a market-wide dip.

AI Cryptocurrencies Surge Amid Anthropic IPO Talk

AI
Source: Shutterstock

Worldcoin (WLD) and Humanity (H) are two AI-themed cryptocurrencies that are seeing significant price rallies. Their respective price surges are surprising given the larger market bearishness. Bitcoin has fallen below the $70,000 price level today. The original cryptocurrency saw a dip of 4.3% in the last 24 hours, according to CoinGecko’s BTC data. Most other major crypto projects are following BTC’s downtrend.

Worldcoin (WLD), on the other hand, is seeing remarkable gains across the board. According to CoinGecko, the cryptocurrency’s price has surged 10.2% in the last 24 hours and more than 73% in the monthly charts.

Worldcoin chart
Source: CoinGecko

Humanity (H) has also displayed strong gains in the last few days. The asset climbed to a new all-time high of $0.8439 earlier today. CoinGecko data shows that the cryptocurrency’s price has risen by nearly 280% in the last month.

Humanity cryptocurrency
Source: CoinGecko

Also Read: Crypto Market Crashes But These 3 Coins Hit All-Time Highs

However, there are risks you should be aware of. The cryptocurrency market is extremely fragile at the moment. Most of the gains could be due to investor FOMO. Once the FOMO runs out, WLD and H could face steep price corrections.