- Wiener AI presale is ending in less than 48 hours
- A whale bought $WAI for over $370k
- Is the Wiener AI hype justified?
Wiener AI presale ends in less than 48 hours. With more than $8M raised, large buys are occurring on the Ethereum network.
Wiener AI is a combination of a meme coin with artificial intelligence. The project will feature an animated dog as its mascot and introduce an AI designed for trading.
Rather than automated trading, Wiener AI employs predictive technology to inform traders of possible market opportunities. Simply ask the AI a question about your crypto investments, and it will analyze the markets and present its findings.
Many crypto traders spend countless hours reading and researching to find the next crypto gem. When AI does the heavy lifting for you, precious time is saved.
The meme magic appears to have worked, as the Wiener AI presale raised millions of dollars.
With less than 48 hours to go, FOMO may increase in the last 24 hours of the presale.
Large Buys Ahead of the End of the Presale
As every transaction is open to the public, large $WAI (the native token of Wiener AI) transactions occurred in the past few days. The largest transaction mounts to $377k:
Source: etherscan
Crypto whales often pick meme coins they expect to outperform, not necessarily in the long term. Thousands of dollars were poured into the presale, not far from raising $9M.
The pace of new transactions may accelerate until the end of the presale. Based on the roadmap, the team plans to launch the token on global exchanges, which may drive more liquidity for the token.
Is the Wiener AI Hype Justified?
Meme coins have their sector, and it is big. The market cap of the top meme coins stands at $49B. Additionally, VanEck’s MEMECOIN index tracks the top meme coins.
Many meme coins reached Binance and Coinbase (NASDAQ:COIN), which are among the top-tier exchanges.
A strong community is what is often required for a successful crypto project. Wiener AI nicknamed its community the ‘sausage army,’ which has gathered thousands of crypto traders.
What matters to traders is the launch. Entering a presale at a lower price than the listing price may indicate a profit can be made. If, at the launch, the price extends its gains, early buyers will reap the fruit of buying early.
Tokens at the presale can be staked for 127% APY.