A new meme coin called WienerAI launched its crypto presale on April 25th, and in a feat, it has already raised over $1 million in just a matter of days.
This quirky project, blending artificial intelligence, canine loyalty, and a generous helping of humor, might potentially be well-positioned to have a decent presale and a successful launch down the road.
What’s also worth noting to potential investors is the new trading bot feature WienerAi’s team added last week.
Tokenomics and Token Distribution
At the heart of WienerAI lies its native token, $WAI, an ERC20 token built on the battle-tested Ethereum blockchain. The project’s tokenomics are designed to foster community engagement, provide liquidity, and fund ongoing marketing efforts.
The total token supply stands at 69,000,000,000 $WAI, and here’s the distribution:
30% allocated for the presale
20% reserved for staking rewards
20% dedicated to community rewards
10% allocated for DEX/CEX liquidity
20% earmarked for marketing initiatives
During the ongoing first stage of the presale, 1 $WAI is priced at $0.000701, offering early investors an attractive entry point.
Furthermore, the project has not set a predetermined hard cap, allowing for flexibility in presale. Investors can purchase $WAI tokens using Ethereum (ETH), Tether (USDT), or conveniently via credit/debit card.
Staking Rewards and Early Adoption
One of the standout features of WienerAI is the opportunity for immediate staking upon token purchase. According to the project’s website, over 1 billion WAI tokens have already been staked, showcasing early community engagement with the staking mechanism.
The current annual percentage yield (APY) for staking is an enticing over 800%, offering a potentially lucrative incentive for long-term holders.
By allowing immediate staking, WienerAI aims to foster a culture of active participation and reward early adopters, further solidifying the community’s commitment to the project’s success.
This strategy potentially incentivizes long-term holding and also promotes a sense of ownership and shared growth among early investors.
Moreover, WienerAI added a trading bot feature as well.
Project’s bold vision paints a prosperous and forward-thinking world where AI continually expands in a positive direction, fostering growth and harmony.
To realize this ambitious goal, WienerAI seeks to cultivate a devoted community of “wiener lovers” and “sausage army” who will champion the project’s message of positivity and reinforce the notion that WienerAI is the ultimate cybernetic entity in existence.
Marketing Efforts and Endorsements
WienerAI’s team has hit the ground running with a pretty aggressive marketing campaign, securing coverage on major crypto media outlets such as CoinGape and CryptoPotato.
However, the project’s reach extends beyond media sites, as popular YouTube channels like Jacob Bury and Bitcoin99 have posted positive videos discussing whether WienerAI is potentially the best crypto to buy and the best presale to invest in right now.
Jacob Bury, a well-known crypto analyst with 38k subscribers on YouTube, offered a positive perspective towards memes like WAI, stating, “These types of meme coins launch very well in the bull market,” highlighting the potential for WienerAI to capitalize on the current market conditions and capture the attention of investors seeking to diversify their respective meme coin portfolios.
Project Background and Audits
WienerAI’s theme is set in the future, in the year 2132, where a mad scientist known as The Architect is working tirelessly in the New Silicon Valley to create a highly advanced cybernetic canine AI.
The project’s ambitious goal is to bridge the divide between AI and “Pup,” two integral components of the crypto-verse, and is aptly described as “Part Dog, Part AI, Part Sausage.”
To ensure the safety of investing in the project and to mitigate the risks associated with the rising number of rug pulls in the memecoin front, WienerAI has undergone an audit conducted by Coinsult, a reputable blockchain security firm.
This audit further enhances investor confidence and demonstrates the project’s commitment to transparency and security.
Conclusion
All in all, sustained community engagement, effective token utility, and the ability to maintain momentum beyond the initial hype will be crucial for WienerAI’s longevity.
Additionally, the project will need to differentiate itself in the competitive and often unpredictable meme coin sector, providing tangible value to its community. Being highlighted by popular crypto analysts such as Jakob Bury and Bitcoins99 might potentially help as well.
Only time will tell if the Sausage Army can conquer the cryptocurrency charts and establish WienerAI as a formidable force in the meme coin sector. However, one thing is certain: the project’s quirky approach and tokenomics have already generated some interest since over $1 million was raised in presale fast.
Related
17 Best Cryptocurrency Presales For Your Watchlist – WienerAI ranks highly
The post ‘WienerAI’ Raises Over $1 Million in Crypto Presale as Analysts Highlight WAI’s Potential – Next Meme Coin to Watch? appeared first on ReadWrite.