Popular meme coin Floki ($FLOKI), named after Elon Musk’s Shiba Inu, saw a 12% drop overnight and a 33% decline over the past week, marking the steepest losses among the top ten meme coins. Currently, it trades at $0.0001647.
In contrast, Shiba Inu ($SHIB), the second largest meme coin by market capitalization, experienced a 10% overnight dip and a 20% weekly decline, trading at $0.00001773.
This trend mirrors Bitcoin’s ($BTC) performance, with the leading cryptocurrency losing 0.5% overnight and 3% over the week, now trading at $65,017.
Solana-based meme coins, DogWifHat ($WIF) and Bonk ($BONK), also faced declines of 13% and 9,47%, respectively, trading at $2.04 and $0.00002082.
Floki has struggled to surpass the $0.0003 resistance level throughout the year. A brief rally in early June saw it reach a new all-time high of $0.0003449 on June 5, but it has faced significant resistance at the $0.00035 level.
Since hitting its ATH, Floki’s price has corrected by approximately 57%, breaking its previous rising support.
The relative strength index (RSI) of 26 indicates that the sell-off might be over, suggesting potential dip-buying that could stabilise the token.
Amidst this bearish environment, one token is recording new highs despite the market dip – Wiener AI ($WAI).
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Investors Flock to Wiener AI as FLOKI Dumps
Floki’s recent peak was fueled by news that the team is developing a trading bot powered by the $FLOKI token.
This shift towards greater utility indicates the evolving landscape of meme coins, which are increasingly seeking new functionalities to stay competitive as crypto adoption grows.
Newer coins like WienerAI are leading this trend by integrating artificial intelligence to provide unique value to their holders.
On the surface, WienerAI appears to be another dog-themed meme coin, but it stands out by offering advanced, beginner-friendly AI trading tools.
WienerAI employs viral marketing strategies to offer a high-value proposition, featuring an AI trading bot that provides user-friendly trading advice, seamless swap functionality, and zero fees.
The presale, now in its third month, has already attracted $5.9 million in investments.
Dubbed a “Revolutionary AI Trading Partner,” WienerAI ($WAI) offers AI-enhanced trading guidance.
The smart contract has been audited by Coinsult, ensuring security and reliability. Additionally, 20% of $WAI’s supply is allocated for staking, with the website allowing buyers to stake during the presale to enjoy an attractive yield, currently at 192% APY.
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WienerAI: Tokenomics & Community-Centric Approach Drive Success
WienerAI’s team has crafted a robust tokenomics model that is central to its appeal. The presale accounts for 30% of the total 69 billion WAI supply.
An additional 20% is earmarked for staking rewards to encourage long-term holding, while another 20% is set aside for airdrops and giveaways. The remaining tokens are allocated for liquidity provision and marketing initiatives.
The “Sausage Army,” WienerAI’s growing community on Twitter and Telegram, is testament to the project’s effective marketing strategy, with thousands of meme enthusiasts rallying behind it.
Looking ahead, WienerAI’s roadmap outlines ambitious plans.
The initial phase focuses on launching the presale, completing a smart contract audit, and gearing up for a global marketing campaign.
The next steps involve expanding the Sausage Army and making an impact on the Ethereum network.
The major milestone is listing the WAI token on prominent exchanges and officially launching the AI trading bot. If these plans come to fruition, WienerAI is poised for an exciting future.
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WienerAI Presale Surpasses $5.9M Amid Growing Investor Excitement
The presale for WienerAI has seen a significant increase in investor interest, raising over $5.9 million as enthusiasm builds. Currently, investors can purchase WAI tokens at a price of $0.000719.
This surge in popularity hasn’t escaped the notice of influencers. Prominent YouTubers like Matthew Perry and the 99Bitcoins channel have praised WAI for its AI capabilities and humorous branding.
Despite initial skepticism, WienerAI is rapidly gaining legitimacy in the crypto world. Whether due to its innovative trading bot or attractive staking rewards, WAI is proving to be highly appealing to investors.
As the presale continues to break milestones, the focus is on whether this dog-themed token can maintain its momentum and success.
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Conclusion
As Floki faces significant declines, WienerAI comes as a possible successor.
With its advanced AI trading bot, attractive staking rewards, and strong community support, WienerAI has quickly gained traction, raising over $5.9 million in its presale.
The project’s innovative approach and solid tokenomics model position it well for future success.
Investors looking for the next big opportunity in the crypto market should consider WienerAI as it continues to build momentum and achieve milestones.
Don’t miss out on this exciting project – invest in WienerAI and be part of its journey to revolutionise crypto trading.
