The AI-Meme coin project, Wiener AI ($WAI), launched few days ago following a highly successful months-long presale.
Despite the development team”s meticulous execution of each presale stage and the marketing team’s efforts to boost $WAI’s visibility in crypto searches, the project faced an unexpected challenge.
On August 5th, coinciding with Wiener AI’s scheduled launch, the crypto market experienced its most significant downturn since the Covid-19 pandemic. This market-wide crash temporarily halted $WAI’s anticipated bullish trajectory.
However, the situation appears to be stabilizing.
$WAI is currently trading around its launch price of $0.00075, showing resilience in the face of broader market volatility.
Many analysts are optimistic about the token’s prospects, particularly with the fact that the MEXC listing is now live.
This listing on a major exchange will most likely trigger a significant price movement for $WAI. Market observers are keenly watching to see if this event will catalyze the token’s first substantial bull run since its launch.
Let’s delve deeper into the factors at play and what they might mean for Wiener AI’s near-term future…
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Crypto Market Crashed Due to Massive Global Selloffs – What Does it Mean for Wiener AI
The financial world was rocked on August 2nd as stock markets plummeted, wiping out a staggering $2.9 trillion in value.
This marked the most severe trading day since the COVID-19 crash of 2020, triggering widespread concerns about a potential recession.
The shockwaves quickly rippled through the cryptocurrency markets, sparking fear among investors.
Bitcoin, the leading cryptocurrency, saw its value nosedive by nearly 20%, while Ethereum plunged even further with a 25% drop.
The carnage was extensive, with over $1.12 billion in futures positions liquidated.
Market sentiment shifted dramatically, as evidenced by the Fear & Greed Index.
Previously sitting comfortably in the ‘greed’ zone at 74, it plummeted to around 40, signaling a sharp turn towards extreme fear among investors.
While these market declines stem from broader economic issues rather than crypto-specific factors, the impact on Bitcoin and the altcoin market has been profound.
However, amidst this turmoil, Wiener AI stands out as a resilient player. Unlike purely hype-driven meme coins, Wiener AI boasts real utility that extends beyond market trends.
Its AI-powered features and practical applications in various sectors provide a solid foundation that can weather market storms.
The project’s strong fundamentals and clear use cases position it to potentially bounce back faster than speculative assets.
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Wiener AI’s Real-World Utility
This isn’t your average meme coin. Sure, it’s got the humor that we all love, but it’s packing some serious tech under the hood too.
Think about it – most meme coins are just riding the viral wave, right? Not Wiener AI. These guys are building something real.
This includes an AI-enhanced trading system, efficient token swaps (playfully termed “sausage swaps”), zero transaction fees, and robust security measures like MFbot protection.
It’s like they took the fun of meme coins and mashed it up with actual, useful crypto tech.
The project has strategically leveraged its meme-friendly identity, with a total supply of 69 billion tokens and engaging, shareable graphics that have resonated strongly with the crypto community.
Even before its official launch, Wiener AI had amassed a following of 15,000 on social media platforms, demonstrating significant early traction.
The project’s focus on community engagement coupled with its innovative features suggests a promising trajectory in the competitive meme coin space.
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What Can We Expect from WAI In the Upcoming Days – Price Prediction
Even though the first few days didn’t bring the gains that we anticipated from WAI, the main thing is that we didn’t see large dumps either.
Despite the turbulent market conditions, WAI has consistently traded around its launch price of $0.00075.
And let us remind you that this is all happening while the largest cryptocurrencies are all losing millions in value – with Bitcoin alone shedding over $15,000 in value within a 24-hour period.
This speaks a lot about Wiener AI’s resilience, despite it being an underdog compared to larger market players.
And now that the market crash cooled down a bit, we can only see it jump from here. The successful MEXC listing today will probably land $WAI somewhere in between $0.00090 – $0.0011.
After that, there are more CEX & DEX listings scheduled, which will only push the price even higher, which makes this a good entry point for those of you who missed it during the presale.
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The Conclusion
Wiener AI has demonstrated remarkable resilience in the face of recent market turbulence.
With its unique blend of meme appeal and genuine utility, WAI is well-positioned for growth.
The MEXC listing and future exchange integrations offer promising catalysts for price appreciation.
While the crypto market remains volatile, Wiener AI’s strong fundamentals and engaged community suggest a bright future.
This news is republished from another source. You can check the original article here
