The post This New AI Meme Coin Has Just Raised $6M on Presale – Could WienerAI be the Next Crypto To Explode? appeared first on Coinpedia Fintech News
Altcoins are deep into the red this week, but that has not stopped WienerAI ($WAI) from seeing massive presale success.
The ICO has just hit the $6 million total raised milestone, marking a significant achievement in its journey toward listing on decentralized exchanges (DEXs).
But the presale momentum is no surprise. It has a crossbreed use case of an AI-meme coin, harnessing crypto’s two hottest talking points for viral potential.
The bread and butter of WienerAI is an AI-powered trading bot that helps its users make more informed decisions. Let’s take a closer look.
WienerAI provides cutting-edge trading technology to everyday crypto users.
Per a recent explanatory social media post, the bot is like ChatGPT for trading. Users can give it prompts, and it will scour the web for the best trading opportunities.
The best way to use it is by feeding criteria. For instance, you could outline a trading strategy:
“I want a low market cap meme coin on the Ethereum network with over 10,000 holders and $150K in 24-hour trading volume. It also has to have a dog mascot.”
After the user inputs the prompt, the trading bot gets to work and will return with the best opportunities.
Once the user is happy with the results, they can automatically execute the trade from the bot’s interface.
Trade execution is instant, MEV-resistant, fee-free, and noob-friendly – that’s a massive leap forward from the existing on-chain trading experience!
Users can also track their active and previous trades from the app.
And as WienerAI’s bot does the heavy lifting, its playful dog-themed exterior is causing a buzz among meme coin enthusiasts.
Packaging revolutionary technology inside a meme coin is a significant breakthrough in crypto community management, evident in the presale’s exponential social media engagement.
Many of its posts garner hundreds of likes, equivalent to Uniswap, which has 1.3 million followers and a multi-billion dollar market cap.
It wouldn’t be the first time a meme coin provides 100x gains after launching on exchanges.
But the WienerAI presale has gotten off to an explosive start on all fronts.
Alongside raising $6 million, prominent commentators have backed the project for success.
The Cryptonews YouTube channel is one of those, speculating up to 100x gains could be at play.
“They are raising money like it’s collecting water from the ocean. WienerAI is one of the best AI presale projects out there. There’s so much that they’re doing right – the meme aspect, the branding, and the marketing. It has the potential to pop off,” said the analyst.
It has also been picked up by ClayBro and CryptoWire, among many others.
Considering its captivating use case and support from top industry players, there’s every chance the $WAI price could surge after its IEO.
But in a bid to sustain that momentum, the team has implemented several innovative tokenomic strategies.
Most importantly, $WAI holders can deposit their tokens in the project’s staking contract to generate passive rewards.
While minimizing sell pressure, this also creates a new demand stream to help prop up the token price.
Stakers can currently garner a 190% APY, but this will fall as the staking pool grows.
20% of the $WAI total supply is allocated to staking rewards.
Another 20% will be available to buy at the presale to the presale, 10% to exchange liquidity, and the remainder will be split between community rewards and marketing.
Indeed, this token distribution is skewed toward community incentives and growth, which are staples of meme coin success.
With that in mind, the WienerAI presale is not one to miss. While tapping into the viral meme coin hype, its market-leading AI utility and robust tokenomics could make it one of the best long-term plays.
The presale is ongoing and currently priced at $0.00072. Its price will rise as the campaign advances, with the next uptick in two days or when the total raise hits $6.3 million.