The cryptocurrency community has witnessed the emergence of yet another meme coin. It has a rather strange name: WienerAI. This new meme coin has managed to raise over $2 million in an ongoing cryptocurrency presale within just a few weeks of its launch.
This milestone highlights the continued interest and enthusiasm surrounding meme coins in this bull market, as we all remember what happened with BONK, WIF, PEPE, or more recently Slothana earlier this year. Masu.
WienerAI – Best meme coin to invest in 2024?
At the time of writing, the price of 1 $WAI token during pre-sale is $0.000708, and the price is expected to rise in just over a day. The project has already raised more than $2.1 million.
WienerAI is a meme coin inspired by popular internet culture such as dog memes and sausage jokes. However, it aims to be more than just a meme token. It also incorporates AI technology to provide utility as a trading bot and automated trading platform.
🌭🤖2 million wieners!!!!🌭🤖
🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖 pic.twitter.com/gOQKIlihTq
— WienerAI (@WienerDogAI) May 17, 2024
Major features:
AI trading bot: WienerAI’s core functionality is an AI-powered trading bot that aims to leverage advanced AI capabilities to provide users with an “unfair advantage” in cryptocurrency trading. Bots can analyze market data and automatically execute trades.
Staking reward: WienerAI offers lucrative staking rewards for early stakers, yielding an annual percentage yield (APY) of approximately 454% at the time of writing. This APY is expected to decrease as more users stake their tokens. Currently, 2,280,216,527 of his WAI tokens are already staked.
WienerAI is an ERC-20 token built on the Ethereum blockchain. WAI tokens can be purchased from the official presale website using ETH, USDT, or credit cards.
How does WienerAI work?
WienerAI combines the appeal of memes with AI-driven utility in the following ways:
Meme branding: The project incorporates dog and sausage memes into its branding, marketing, and community-building efforts, and aims to attract meme coin enthusiasts and capitalize on the popularity of such internet culture.
AI trading platform: Behind the meme surface, WienerAI claims to offer a “revolutionary AI trading platform” with “unparalleled capabilities” powered by AI trading bot technology. Users will be able to utilize this AI for automated trading strategies.
Token utility: WAI tokens will be used for staking to earn rewards, provide liquidity to exchanges, and potentially have access to the platform's AI trading capabilities in the future.
Marketing efforts
WienerAI is actively promoting the project, with several YouTubers posting positive videos about the meme coin, which appears to be part of a marketing agreement with the team.
For example, ClayBro, a YouTuber with over 129,000 subscribers, highlighted WienerAI's staking features, including a high annual percentage rate (454%), passive income options through staking, and fees associated with trading and Mev bot protection. I emphasized that it doesn't cost anything.
Additionally, WienerAI's official X account is very active, posting daily updates on presale progress, development activities, and more.
This account boasts over 9,000 followers. Moreover, their Telegram group has gained over 6,000 members, showing that the community around the project is growing.
conclusion
Memecoins often attract skepticism and criticism from some in the crypto community, but their success this year suggests there is still demand for these speculative cryptocurrencies. WienerAI could be the next meme coin to watch, especially when combined with the promise of practicality and novel features.