Pepe

Bonk

<p> Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. </p> 
<p class="is-style-lead">Despite market stability, Pepe and Bonk struggle while WienerAI gains momentum, raising $5.5 million.</p> 
<p>Pepe and Bonk have struggled today despite the broader crypto market stabilizing. Currently, Pepe is down 3%, while Bonk is down 6%. However, other projects continue to show impressive growth, with the new AI-memecoin hybrid WienerAI gaining pace as its total raise hits $5.5 million.</p> 
<p> You might also like: <a href="https://crypto.news/wienerai-ico-raises-over-350k-next-meme-coin-to-explode/" rel=""> WienerAI ICO raises over $350k – next meme coin to explode? </a> </p> 
<h2 class="wp-block-heading" id="strong-pepe-and-bonk-struggle-as-memecoins-slide-strong"><strong>Pepe and Bonk struggle as memecoins slide</strong></h2> 
<p>Meme coins have endured relentless selling pressure today in a continuation of this week’s bearish momentum. And after a strong month, Pepe’s price has shown significant cracks, down 3.3% today and 14% this week.</p> 
<p>Pepe is currently trading at $0.0000126 with a $5.2 billion market cap and a $1.2 billion 24-hour trading volume. Analysts are overlooking its recent selloff and anticipate a continuation of its higher-time-frame uptrend.&nbsp;</p> 
<p>Prominent commentator Vegeta notes that Pepe is currently trading within a consolidation zone but alludes that a breakout is coming. According to the analyst’s chart, the next bullish wave could propel Pepe by almost 50%.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="qme" dir="ltr"><a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="">$PEPE</a> 👀 <a href="https://t.co/z82mDLnJW9" target="_blank" rel="">pic.twitter.com/z82mDLnJW9</a></p>— VΣGΣƬΛ (@VegetaCrypto1) <a href="https://twitter.com/VegetaCrypto1/status/1801172739291529367?ref_src=twsrc%5Etfw" target="_blank" rel="">June 13, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>In a similar fashion to Pepe, Bonk has faced significant adversity recently. It is currently priced at $0.00002715, down 6.1% today and 18% this week.</p> 
<p>Bonk currently holds a $1.8 billion market cap and a $376 million 24-hour trading volume. But despite its bearish momentum, analysts also remain optimistic about Bonk’s higher-time-frame outlook.</p> 
<p>“Macro bullish trend is still intact on the BONK 3 day using EZTREND,” wrote WebTrend Analytics. This indicates that the analyst expects an uptrend continuation for the Solana-based memecoin.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
   https://twitter.com/WebTrendCo/status/1801023413386924080 
 </div>
</figure> 
<p>The recent bearish momentum is not confined to Pepe and Bonk. Meme coins like Shiba Inu, Dogwifhat, and Floki are also deep into the red this week.</p> 
<p>However, other crypto asset classes have prevailed while the memecoin market slides. The most prominent is AI cryptos, with projects like Injective Protocol, Render, SingularityNET, and Fetch.ai all rallying today.</p> 
<p>There has been a perpetual push-pull between memecoins and AI cryptos in 2024, with one pumping while the other consolidates.&nbsp; In recent months, memecoins have taken center stage, but it now seems that AI is regaining pace as prices rise over recent days.</p> 
<p>With that in mind, investors may be pleased to learn about WienerAI, a new hybrid project that encapsulates both narratives.&nbsp;It is currently undergoing a presale and has raised $5.5 million so far. Let’s take a closer look.</p> 
<h2 class="wp-block-heading" id="strong-wienerai-raises-over-5-5m-through-presale-strong"><strong>WienerAI raises over $5.5m through presale</strong></h2> 
<p>While its dog-themed exterior has caused a buzz among memecoin enthusiasts, <a href="https://wienerdog.ai/en?clickId=fx_b80558_22f26fc29fcf0428037a20ef2eba6c15_1" target="_blank" rel="">WienerAI’s</a> underlying AI technology is turning heads in the broader crypto market.</p> 
<p>The project’s underlying premise is a cutting-edge trading bot that scours the market for the best trading opportunities based on user prompts. It also grants users seamless trade execution that is instant, fee-free, MEV-resistant, and noob friendly.</p> 
<p>So, by harnessing AI, WienerAI is making its users better traders while tackling the perplexing difficulties of on-chain transacting. The project’s $5.5 million total raise reflects a nod of approval from investors, but leading industry analysts are also on board.</p> 
<p>In a recent video, the Cryptonews YouTube channel suggested the project could 100x after its exchange launch. Alongside its captivating use case, the video highlights WienerAI’s early momentum as another reason for its high potential.</p> 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"> <iframe title="THIS AI PRESALE HAS RAISED $4 MILLION!! WIENER AI HAS 100X POTENTIAL!!" width="1020" height="574" src="https://www.youtube.com/embed/p4WWnqjpMrQ?start=7&amp;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe> 
 </div>
</figure> 
<p>Positioned at the crux of crypto’s two hottest narratives, WienerAI’s hybrid use case has enabled continued success amid the high-octane market developments.</p> 
<p>Prospective investors can buy WAI at presale for $0.000718. However, this price will gradually rise as the campaign progresses. The next uptick will be in two days or when the total raise hits $5.9 million. </p> 
<p>To learn more, visit the <a href="https://wienerdog.ai/en?clickId=fx_b80558_22f26fc29fcf0428037a20ef2eba6c15_1" target="_blank" rel="">WienerAI presale</a>.</p> 
<p> Read more: <a href="https://crypto.news/dogwifhat-and-shiba-inu-surge-traders-predict-wienerai-could-be-next/" rel=""> Dogwifhat and Shiba Inu surge, traders predict WienerAI could be next </a> </p> 
<p> Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. </p>

Pepe and Bonk prices slump as new memecoin WienerAI raises $5.5m

Table of Contents

crypto.news

Other articles published on Jun 13, 2024

SEC Chair Gensler Signals Potential Ether ETF Approval by Summer End

Why Is Dogecoin Price Falling Behind Meme Coins In Recovery After Crash

Research analyst at Fineqia discusses the impact of spot ETFs on Bitcoin’s market dynamics

MoonBag Becomes The Top Meme Coin Presale in 2024 After Price Predicted to Hit $1, Surpassing Fan...

Harga BTC Digadang Melesat ke US$300.000 di Tahun 2025

FLOKI Lists on Nexo Reigniting Bullish Sentiment Amidst an Ongoing Crypto Correction Phase

Join our free newsletter for daily crypto updates!