Dogwifhat and Pepe Prices Slip But This New Meme Coin Raised Over $1 Million Thanks to Its ICO

Despite showing impressive strength over the past few weeks, major coins Dogwifhat and Pepe both struggled today, down 11% and 7%, respectively.

However, prominent traders are backing the new WienerAI presale token as the next coin likely to explode once its ICO passes the $1 million mark.

WIF and PEPE plunge as bearish sentiment grows

Both meme coins have enjoyed extremely bullish sentiment in recent weeks, but doubt has started to set in as momentum slows.

Currently, Dogwifhat is trading at $2.93, down 11% today, up 26% this week, and down 30% this month.

It has a market cap of $2.9 billion and a 24-hour trading volume of $572 million, down 8.7% today.

The bearish outlook for WIF was exasperated when a prominent technical analyst, Bluntz, speculated that it could return to $1 in the coming weeks.

Bluntz infamously predicted the WIF retracement from its March 31 all-time high, which reinforced his recent prediction and caused distress for many WIF holders.

“I thought ABC could be done on $WIF, but since that wick moved to $1.8, the subsequent price action has been slow, overlapping, and seemingly corrective. I am now leaning towards this rise, either wave (B) or (x) and a wave C down to $1 still to come,” he wrote on X.

Given the accuracy of his latest prediction, the analysis went viral, with 390,000 views. This likely accelerated today’s pullback.

However, Pepe arguably has a less bearish outlook than WIF. It is currently the number one trending crypto on CoinMarketCap and is priced at $0.000007893. It’s down 7% today, up 28% this week and 1.9% this month.

Pepe has a market cap of $3.2 billion and a 24-hour trading volume of $591 million, down 36% today.

Indeed, its price has held up better than Dogwifhat’s over the past month, but market sentiment is also more positive. For example, Plazma suggested that Pepe and Bitcoin have experienced several red days, so they should now experience green days.

Meanwhile, captain Faibik noted that Pepe broke a bull flag during the day. This therefore paves the way for a new ATH in the coming weeks.

WienerAI, a new meme coin-AI crossover currently undergoing pre-sale, is another great crypto analyst supporting significant gains.

Could the revolutionary AI Meme Coin WienerAI be the next 100X crypto?

Having raised over $1.3 million in its pre-sale, there’s no doubt investors are paying attention to this new AI-meets-sausage-dog sensation.

Unlike anything else on the market, WienerAI introduces a cutting-edge trading robot, offering instant, user-friendly and MEV-resistant AI predictive trading.

Being EVM-free protects users from exploitation. Indeed, this is a big step forward in the DeFi space, where MEV bots have continually siphoned off profits from retail traders.

But while it is easy to admire the technological prowess of WienerAI, this project is far from being one-dimensional.

In a spectacular display of cultural understanding, WienerAI has embedded its revolutionary technology behind the playful, resonant exterior of a sausage dog coin. Therefore, it aims to develop a large community known as the “Sausage Army”.

As such, WienerAI combines the utility of AI cryptography with the virality of a coin. Therefore, analysts believe that this could represent huge potential. For example, Jacob Bury speculated that the project could grow 100 times. Additionally, he said that it could be the “best cryptocurrency to buy now.”

To add to the excitement, WienerAI is equipped with a staking layer, offering passive rewards to $WAI holders. Currently, they can get an APY of 730%, but this will decrease as the staking pool increases.

Meanwhile, the price of WienerAI will gradually increase throughout the presale. Therefore, investors looking for the biggest upside potential should act quickly.

Visit the WienerAI presale

reference: watcher.guru

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