Corgi

Odyssey

Cronos

Spring

CorgiAI

A relatively unknown meme coin, CorgiAI, has recently made headlines by becoming the eighth largest meme coin by market capitalization, according to CoinGecko. 
The token has surged past well-known competitors such as Pepecoin, Memecoin, and TRUMP, experiencing a remarkable 60% increase in value over the past 24 hours and a 102% rise over the past week. 
<figure id="attachment_43132" aria-describedby="caption-attachment-43132" style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" class="wp-image-43132 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/05/CORGIAI_1M_graph_coinmarketcap.png" alt="CORGIAI 1 month performance" width="975" height="396" title="CorgiAI Soars to Eighth Largest Meme Coin by Market Cap 5" srcset="https://crypto.ro/en/wp-content/uploads/2024/05/CORGIAI_1M_graph_coinmarketcap.png 975w, https://crypto.ro/en/wp-content/uploads/2024/05/CORGIAI_1M_graph_coinmarketcap-300x122.png 300w, https://crypto.ro/en/wp-content/uploads/2024/05/CORGIAI_1M_graph_coinmarketcap-768x312.png 768w, https://crypto.ro/en/wp-content/uploads/2024/05/CORGIAI_1M_graph_coinmarketcap-750x305.png 750w" sizes="(max-width: 975px) 100vw, 975px">
 <figcaption id="caption-attachment-43132" class="wp-caption-text">
 CORGIAI 1 month performance
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</figure> 
With a market capitalization of over $800 million, CorgiAI is now within reach of surpassing Book of Meme, based on data from <a href="https://cronoscan.com/token/0x6b431B8a964BFcf28191b07c91189fF4403957D0" rel="nofollow noopener" target="_blank">CronoScan</a>. 
As a meme coin, CorgiAI’s price volatility is notable; since its inception a year ago, the token has undergone several dramatic price swings. 
Additionally, CorgiAI’s smart contract includes a mint function, allowing for the creation of more tokens if exercised, which adds another layer of risk for investors, according to GoPlusLabs. 
<h2 id="what-is-corgiai-and-why-it-surged">What is CorgiAI and why it surged?</h2> 
CorgiAI is a community-driven meme coin on the Cronos network, leveraging artificial intelligence (AI) to develop tools such as the Corgi Cre8r, an NFT text-to-image AI generator. 
Cronos, a layer-1 blockchain interoperable with both Ethereum and Cosmos, was created by Crypto.com in collaboration with Cronos Labs. Despite being established for a while, Cronos has only recently gained traction in the meme coin space, partly due to promotional campaigns. 
One such campaign, “Cronos Spring Odyssey: Memecoin Trails,” encouraged users to follow specific Twitter accounts, engage with posts, and invest a small amount in CorgiAI. 
Since the campaign’s launch, CorgiAI has skyrocketed 97%, according to CoinGecko, becoming the fifth largest token on Cronos, trailing only USDC, Wrapped Bitcoin, Maker stablecoin DAI, and the network’s native CRO. 
While other tokens part of the Cronos Spring Odyssey campaign, such as Crow with Knife, have seen gains, CorgiAI’s performance stands out as the most notable,

CorgiAI Soars to Eighth Largest Meme Coin by Market Cap

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