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Reading: PEPE Price Soars as Solana’s WienerAI Meme Coin Surpasses $1.5 Million
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Gulf Press > Business > Crypto > PEPE Price Soars as Solana’s WienerAI Meme Coin Surpasses $1.5 Million
Crypto

PEPE Price Soars as Solana’s WienerAI Meme Coin Surpasses $1.5 Million

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Last updated: 2024/05/13 at 3:10 PM
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Pepe Coin ($PEPE), a popular meme coin, has seen a 2% rise in the last 24 hours, outpacing all other leading meme coins in gains over the past two weeks. At its current price of $0.058771, PEPE is 26% higher than it was two Mondays ago, making it the top-performing meme coin in this period. In contrast, Dogecoin ($DOGE) only saw a 1.4% increase over the same timeframe, trading at $0.1428. None of the other top ten meme coins by market capitalization posted double-digit percentage gains in the last two weeks, with Book of Meme ($BOME) coming close with an 8.2% rise.

The recent surge in Pepe Coin’s price follows the return of the trader known as “Roaring Kitty,” who gained fame for predicting the GameStop short squeeze in 2021. His recent post on X has sparked renewed interest and activity in the market. Pepe Coin reached an all-time high of $0.00001064 on March 14, the same day Bitcoin reached its all-time high, before experiencing an 18% pullback. The token has since stabilized, with a brief crash in April bringing prices down to $0.000004.

While Pepe Coin may be seen as a meme token with a focus solely on the meme aspect, a new generation of meme coins is emerging that offers both utility and entertainment value. One such example is WienerAI ($WAI), which recently raised $1.6 million in investments. WienerAI is a digital companion that provides user-friendly AI-enhanced trading advice, seamless swap functionality, and zero fees. The smart contract for WienerAI has been audited by Coinsult, a blockchain security platform, and around 20% of the token’s supply is allocated for staking with a current APY of 660%.

Investors interested in exploring the potential of WienerAI can participate in the presale on the project’s website and take advantage of the lucrative staking opportunities. This new generation of meme coins like WienerAI represents a shift towards combining humor with practical utility in the crypto space, offering investors the opportunity for potential gains while enjoying the entertainment value of meme tokens. Keep an eye on the latest news and updates related to WienerAI on X and Telegram, and consider joining the presale to explore the potential of this innovative digital companion. Please note that investing in crypto assets carries high risk and should be approached with caution.

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News Room May 13, 2024
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