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$WAI Tops $2.3 Million as GME Dips, 4X Gains But For for How Long?

May 20, 2024
in Technology
$WAI Tops $2.3 Million as GME Dips, 4X Gains But For for How Long?
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$WAI Tops $2.3 Million as GME Dips, 4X Gains for How Long

After its presale recently launched, WienerAI ($WAI) surged above $2.3M, offering investors 418% APY in staking rewards. Early birds have already staked over 2.4B tokens, aiming for long-term profits.

$WAI is following in the footsteps of another AI meme coin, ScottyAI, which raised almost $10M during its presale. Last week’s meme coin frenzy caused by Keith Gill’s return to X likely led to WienerAI’s popularity surge.

GME’s recent dip (–19.73% since Friday) and volatility might have also played a role in the success of meme coins, including $WAI.

If you staked $867 $WAI now, you’d make $3,624 in a year.

The project’s energy efficiency, Coinsult audit, and>4x staking rewards make it an attractive buy for many investors. Let’s explore WienerAI in more detail.

GameStop Dips 27.85% Over the Weekend as Meme Coins Surge

GameStop (GME) stock plummeted from $29.37 to $21.19 in less than an hour on Friday morning, a 27.85% decrease.

GME stock dip last week

This happened after the company announced a new share offering and lower-than-expected Q1 revenue. The revenue fell short of 2023 Q1’s $1.24B and below Wall Street estimates of $1.1B.

GME’s dip was preceded by a meme coin frenzy last week, with increases from 2% to 13%. Ethereum also pumped by 4.35%, leading many ERC-20 meme coins to follow suit.

Meme coin frenzy last week

GME’s dip isn’t likely to last, as TheRoaringKitty keeps posting on X and encourages investors to trust him once more. His bullish ways still haven’t changed from the last GameStop pump in 2021.

There’s undoubtedly much activity surrounding GME. The stock’s trading volume is significantly large, with almost 100M buy and sell orders, whereas stocks like SPY, AAPL, and TSLA barely reach 70,000 combined.

WienerAI – AI Meme Coin with 418% APY and Trading Bot

💰 $WAI tops 2.3M during presale due to the recent surge in investor interest and offers>4x APY in staking rewards.

This AI meme coin launched less than a month ago and investors are already flocking to it. Our WienerAI price prediction explains why.

Here’s an overview of the discussion:

Combines two popular niches: meme coins and AI
Trading bot functionality
Long-term staking with profitable API that will increase liquidity
ERC-20 token with faster transactions and lower fees
Loyal supporters on X
Strategic tokenomics targeting long-term growth
Coinsult audit

$WAI’s recent announcement of a trading bot promises a predictive, noob-friendly, and instant trading experience. With zero fees and seamless token swaps, it’s no wonder investors see a golden opportunity in WienerAI.

Contrary to the usual fickleness of the meme coin community, the project’s over 9,300 X followers are also unexpectedly loyal, celebrating the presale milestones alongside developers. Most investors who buy WienerAI stake the tokens for long-term profits, which also benefits the ecosystem.

‘WienerAI’ Raises Over $2 Million in Crypto Presale – Best Meme Coin to Buy Now? – ReadWritehttps://t.co/dfaBBHgflO

— WienerAI (@WienerDogAI) May 18, 2024

Staking is a significant reason for $WAI’s recent presale surge. With over 400% APY, investors stand to quadruple their investments in one year.

When you stake $WAI, you relinquish control of the tokens during the a lock-up period, an amount of time set by the staking pool. During that time, you can’t withdraw or sell the tokens.

💰 If you buy 1,222,849 $WAI (worth $867) today, you’d have 11,824,949.82 $WAI in a year, equal to $4,491.06 with the current 418% APY.

However, this prediction doesn’t account for $WAI’s guaranteed price increase as the presale continues raising funds. While the APY will drop, your $WAI tokens will be worth more after a year, especially if the project launches successfully on exchanges.

Visit the official presale website to stake WienerAI for long-term profits.

Summing Up

$WAI tops $2.3M in presale funds, bringing it closer to its target of $2.7M. At that point, the $WAI token price will increase, bringing profits to early investors.

The project brings significant utility with its trading bot, a step up from most meme coins’ hype-fueled FOMO marketing.

Nevertheless, we recommend you DYOR, read WienerAI’s whitepaper and roadmap, and get a feel of the project’s community and fundamentals before investing.

The Tech Report - Editorial ProcessOur Editorial Process

The Tech Report editorial policy is centered on providing helpful, accurate content that offers real value to our readers. We only work with experienced writers who have specific knowledge in the topics they cover, including latest developments in technology, online privacy, cryptocurrencies, software, and more. Our editorial policy ensures that each topic is researched and curated by our in-house editors. We maintain rigorous journalistic standards, and every article is 100% written by real authors.

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