Pepe

Shiba Inu

<p><a href="https://insidebitcoins.com/visit/wienerai" rel="noopener noreferrer nofollow">WienerAI ($WAI)</a> has surged 91% in the past 24 hours as the crypto market looks to close a second consecutive day in the green.</p>  
<p>This meme coin wrapped up its presale on July 31, raising an impressive $9 million for its upcoming AI-powered crypto trading chatbot, often dubbed the “ChatGPT of crypto”.</p>  
<p>Although $WAI’s debut on Uniswap was rocky due to $600 million in leveraged long positions being liquidated on “Black Monday”, investor confidence has since rebounded.</p>  
<p>Just as they rallied around WienerAI’s presale in June when the market was down, investors have poured capital back into $WAI, boosting its value as the market stabilizes.</p>  
<h2 id="h-wienerai-is-enjoying-a-solid-two-day-uptrend-since-its-listing-on-monday" class="wp-block-heading">WienerAI Is Enjoying A Strong 48-Hour Uptrend Since Its Listing On Monday</h2>  
<p>$WAI opened at $0.0004106 on Monday but initially dropped 50% to $0.0001664 within the next hour.&nbsp;</p>  
<p>Fortunately, thanks to recent bullish momentum, $WAI quickly bounced back and is now showing a healthy uptrend on the 1-hour chart. It is currently trading at $0.0006683, just a hair short of its presale price of $0.0007231.</p>  
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeKq_jKDV5sPE3Kc51S_kPb0iHvNkOx2WQ_FfiNwF4Pg0tQbNvQxKgqzOwzXl2_l-NYsuYr4QU91x9nE6JsSQf43K1u9dOsMtyHdMmxyqQPMIY8-QyJNZQCPj6HCZIFD6kuzksnJWuTsqdW8fX2JnXF-D8?key=4YNxrwBuHEKLePFi_ZPtaA" alt="">
</figure>  
<p>In addition to the renewed investor confidence, another boost for $WAI’s price came from its recent token burn that slashed 30% of its total supply, or about 20 billion $WAI. This move effectively makes the remaining tokens more valuable.</p>  
<p>Plus, with 9 billion $WAI already staked, that leaves about 40 billion tokens in circulation, adding to the scarcity and potential price appreciation of each $WAI token.</p>  
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfGqsC6qQY_z1KTNsnUAE6kwwxez4lanx0wawrosYOcecqcZTwKk03rO7j6iOOep2x_QRrWpeYdVIawHZjWlFHMqh5gc9eHOxtHMp_pt-sTk-1Olh_e1voJhJL7W9NUAelZffKt8oPnvDHGrdboY6UzUDk8?key=4YNxrwBuHEKLePFi_ZPtaA" alt="">
</figure>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"><span style="background-color: var(--bs-body-bg); color: var(--bs-body-color); font-family: var(--bs-body-font-family); font-size: var(--bs-body-font-size); font-weight: var(--bs-body-font-weight); text-align: var(--bs-body-text-align);">Broader market factors have also played a role in shifting sentiment and influencing $WAI’s price and the overall appetite for meme coins. Notably, on August 6, spot Ether exchange-traded funds (ETFs) attracted $98.4 million in inflows, their best day since launching on July 23. This surge in interest helped push the market back into a risk-taking mode.</span>
 </div>
</figure>  
<p>Additionally, BlackRock’s iShares Ethereum Trust (ETHA) has seen total inflows of $869.8 million since its launch just two weeks ago.</p>  
<h2 id="h-presale-tokens-have-performed-the-best-in-this-year-s-downturn" class="wp-block-heading">ICO Cryptos Have Performed The Best In This Year’s Downturn</h2>  
<p>As noted, WienerAI has already made a splash in the presale scene. Even during the market downturn in June, investors flocked to WienerAI, proving it’s a hidden gem, as recognized only by the savviest investors.</p>  
<p>But $WAI isn’t alone in the presale spotlight. Other tokens are also making their mark even amid turmoil.&nbsp;</p>  
<p>For instance, <a href="https://insidebitcoins.com/visit/pepeunchained" rel="noopener noreferrer nofollow">Pepe Unchained ($PEPU)</a>, which launched its presale just over a month ago, has already raised $7.5 million and is poised to outshine predecessors Pepe ($PEPE) and Pepecoin ($PEPECOIN) with its own Layer 2 chain on Ethereum that offers faster and cheaper transactions.</p>  
<p><a href="https://insidebitcoins.com/visit/basedawgz" rel="noopener noreferrer nofollow">BaseDawgz ($DAWGZ)</a> and <a href="https://insidebitcoins.com/visit/playdoge" rel="noopener noreferrer nofollow">PlayDoge ($PLAY)</a>, both Shiba Inu-themed, offer much more utility than mainstream tokens like Dogecoin ($DOGE) and Shiba Inu ($SHIB). BaseDawgz operates on the Base chain with multi-chain functionality and has raised $2.8 million, while PlayDoge, gearing up to launch a crypto remake of Tamagotchi that allows users to earn its native $PLAY token, has raised close to $6 million.</p>  
<p>This trend highlights how the market is evolving, and like <a href="https://insidebitcoins.com/visit/wienerai" rel="noopener noreferrer nofollow">WienerAI</a>, Pepe Unchained, BaseDawgz, and PlayDoge, meme coins are showing they are not just for fun and laughs anymore but also offer valuable real utility that makes them worth having in your wallet.</p>

New AI Meme Coin WienerAI Soars 91% In 24 Hours As Crypto Market Rebounds

Table of Contents

Inside Bitcoins

Other articles published on Aug 7, 2024

BlackRock Issues Urgent Warning Over Rising Crypto Scams Targeting ETF Investors

Hacker Uses Tornado Cash to Obscure $2.9M from Rain Hack

Grayscale Expands Investment Products with Bittensor and Sui Trusts

Bitcoin Price Recovers After Initial Drop

Irish DPC Sues Elon Musk’s X Over EU Data Violations

Anticipated Exchange Listing Set to Boost Market Presence for a Top Crypto Presale Happening Now ...

Join our free newsletter for daily crypto updates!