Pepe and Mog Tokens Collapse WienerAI Raises 7 Million in ICO

Coinworld reported:
The roller coaster of meme coins is back.
Pepe (Pepe) and Mog Coin (Mog) plummeted today, sounding the alarm for retail investors.
But not every meme coin is in freefall.
WienerAI (WAI) continues to impress in its ICO phase, just crossing the $7 million funding milestone.
PEPE token plunges – will it find support?
PEPE took a hit today.
The popular frog-themed token dropped 9% in the past 24 hours and 22% since last Wednesday.
PEPE’s current trading price is only $0.0000104, the lowest point since June 24.
Now, the token is dangerously close to the $0.000010 mark.
This is a crucial psychological level for traders, as PEPE has rejected it three times in recent weeks.
The last time PEPE closed below this level was in mid-May, so everyone is watching to see if it will hold or fold.
Interestingly, despite the token’s price drop, spot trading volume has increased by 59% in the past day.
Coupled with the rising open interest figures, this suggests some serious market indecision.
It seems the political public figure’s campaign may not be over yet.
However, whether the token will rebound from here or continue to fall remains to be seen.
Mog Coin slides after significant price swings
Mog Coin also had a tough day at the office, hovering around $0.00000137.
This represents a 21% drop in the past 24 hours.
The cat-themed token has been unstable, plummeting 35% from Saturday’s local high, giving up most of last week’s gains.
MOG is approaching the potential support level of around $0.00000130; whether it will hold is anyone’s guess.
Despite the price drop, spot trading volume for MOG remains steady at $35 million, indicating significant interest in the token.
But MOG’s market cap has taken a hit.
It has fallen below the $500 million mark, meaning Popcat (Popcat) has overturned this milestone in the rankings.
With profit-taking in full swing, we may see further decline in MOG.
Unfortunately, for MOG holders, the price drop seems unrelated to specific news or developments.
Instead, it is a symptom of the broader “flight to safety” sentiment in the cryptocurrency market at present.
Therefore, MOG is likely to continue to face headwinds until market sentiment changes again.
WienerAI shines with advanced AI technology and growing community support
While some meme coins are crashing, WienerAI is not.
The AI token continues to perform well, just breaking the $7 million mark in its ongoing ICO.
What sets WienerAI apart from its peers?
It’s the serious technology it brings with its AI-enhanced crypto trading bot.
The bot has sophisticated algorithms, using predictive technology to identify potential winners in the market.
Not only that, the bot can execute buy and sell orders – all at zero cost.
The numbers speak for themselves.
Since the announcement of WienerAI’s trading bot, over 14,500 people have followed the project’s Twitter page.
Another 12,000 are active on Telegram.
But this early community support is not just about the technology, as WienerAI has other tricks up its sleeve.
For example, WAI has a staking app that allows token holders to earn rewards.
At the time of writing, the annual yield is estimated at 163%.
So, WienerAI users can essentially use the bot to trade cryptocurrencies while earning passive income.
With SolidProof having audited the project’s smart contracts, the WienerAI team is prioritizing security.
In an industry rife with scams and frauds, this is a refreshing approach.
This focus on security, coupled with the allure of the trading bot, may help WienerAI avoid the fate of PEPE and MOG.
Visit WienerAI presale
Disclaimer: The above article is sponsored content; it is written by a third party. CryptoPotato does not endorse or take responsibility for the content, advertisements, products, quality, accuracy, or other materials on this page. None of the content should be interpreted as financial advice. Readers are strongly advised to independently verify information and conduct their own research before getting involved in any mentioned company or project. Investing in cryptocurrencies carries the risk of capital loss, and readers are also advised to consult with professionals before making any decisions that may be based on or not based on the above sponsored content.
Readers are also advised to read CryptoPotato’s full disclaimer.