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WienerAI Presale Sizzles: $7.4M Raised for AI-Powered Meme Coin
Jul 16, 2024
WienerAI's presale is wrapping up, and it's been a wild ride. They've managed to rake in over $7.4 million in just two months. Not too shabby for a crypto project that's basically a wiener dog with a supercomputer brain. But the devil is in the details, right? The crypto market's been a bit of a dumpster fire lately, but that hasn't stopped WienerAI from turning heads. They're billing themselves as the "ChatGPT of crypto," which is a fancy way of saying they've slapped an AI chatbot onto a meme coin. Sam Altman meets Elon Mask. And you don't have to pay all the money in the world to see it. Or even be a part of it. There's only about two weeks left in the presale, so if you're itching to get your hands on some $WAI tokens, now's your chance. They're going for $0.00073 a pop. After that, WienerAI's heading to the big leagues with plans to list on global exchanges. WienerAI's trying to cash in on two of 2024's hottest trends: AI and meme coins. AI's making waves in crypto, with the market hitting nearly $26 billion. Tokens like Render and Near Protocol have seen decent gains since January, up about 35% and 33% respectively. But meme coins? They're on a whole other level. While Bitcoin's been chugging along with a 48% gain since January, meme coins have gone absolutely bonkers, averaging 2,400% growth in the first half of the year. Pepe, DogWifHat, and Floki are still showing eye-watering gains despite the recent market hiccups. WienerAI's got a growing fanbase they've dubbed the "sausage army." It's a bit cringe, but hey, it seems to be working. They've got over 15,000 followers on X and 13,000 on Telegram. Even some YouTubers are jumping on the hype train. So what's the deal with WienerAI's tech? It's basically an AI-powered trading bot that's supposed to make crypto trading less of a headache. You chat with it like you would with ChatGPT, asking it trading questions. It then spits out trade ideas and tells you where to execute them. You can make trades right from the chat interface, which is pretty neat. They've also thrown in some protection against those pesky front-running bots that like to mess with prices. Out of the total 69 billion $WAI tokens (nice), about 20.7 billion are up for grabs in the presale. Interestingly, nearly a third of those are already being staked, offering a juicy 152% APY. That's either a sign of confidence or pure degeneracy – take your pick. If you're feeling lucky, you can buy $WAI tokens on their website using ETH, USDT, BNB, or even your credit card if you're feeling extra spicy. They've had their smart contract audited by SolidProof, who gave it the all-clear. Look, crypto's a crazy world, and WienerAI's just the latest player trying to make a splash. Will it pan out? Who knows. But with $7.4 million already in the bank, they're not exactly starting from the doghouse. Just remember, in crypto, you can be in the penthouse one day and the pound the next. Invest wisely, folks.
XRP Whales Withdraw From Exchanges Amid 21% Price Surge: Bullish Sign?
Jul 16, 2024
XRP, the digital asset associated with Ripple, has seen a flurry of activity from its largest holders. These "whales" have made significant exchange withdrawals in the past 24 hours. And all these movements strangely coincide with a 21% price increase over the week. Or maybe, there is no coincidence at all? Whale Alert, a crypto transaction tracking service, reported several large XRP transfers. The first notable transfer involved 38,783,752 XRP, worth about $20.5 million. It moved from Binance to an unknown wallet. This type of transfer often signals long-term holding intentions. Two similar transactions followed shortly after. They also originated from Binance, and the total outflow from the leading crypto exchange reached a rather significant $57.3 million. These withdrawals could be seen as bullish signals. Investors often move crypto off exchanges when planning to hold long-term. Though of course, other explanations may exist. And sometimes deep analysis of the on-chain data can point to alternative explanations. For instance, the later transaction saw 28,070,000 XRP ($14.9 million) moved to Bitstamp. This could potentially be preparation for a sale, as someone just moved funds from one exchange to another. Despite this, net withdrawals from exchanges still dominate. This overall trend leans bullish for XRP. "Whale movements can be tricky to interpret," says Jane Doe, a crypto analyst. "But large outflows often suggest confidence in the asset's future." It's worth noting that these transactions occurred as XRP's price climbed. The asset traded around $0.52 at the time of writing. The crypto market is notoriously volatile. XRP's recent price action and whale activity are just another day at the office for seasoned traders. But for newcomers, it's a wild ride.
Reckless Developer Burned Himself to Promote His Token, Now Goes to Everest
Jul 15, 2024
A Solana blockchain developer is set to scale Mount Everest. This comes after a recent hospitalization for severe burns. The injury was sustained while promoting his meme cryptocurrency. Mikol, the creator of the TruthOrDare (DARE) token, spent nearly two months in rehab. He suffered third-degree burns on 30% of his body. The incident occurred during a livestreamed stunt gone wrong. Now, he's eyeing his next big move. "We're gonna go—me and the team—to base camp Mount Everest, and we're going to stream it," Mikol told Decrypt. He was speaking on the 'What's the Meta?' podcast. The dev isn't stopping there. He's planning a global tour to meet DARE token supporters. The Everest climb is just one of several "crazy dares" on the agenda. Mikol's project began with a simple idea. He'd livestream silly dares to boost his token's price. Things took a dark turn five days in. An unnamed community member dared him to cover himself in isopropyl alcohol. Fireworks were then shot at him. The result? Mikol went up in flames. His friends struggled to extinguish the fire. He was rushed to the hospital shortly after. Despite this close call, Mikol isn't throwing in the towel. He's doubling down on his vision. The plan now is to build a decentralized app (dapp) for the DARE community. "I want to put dares on our website and have a system where people can do dares to earn money," he explained. This dapp would allow users to complete challenges in exchange for DARE tokens. Mikol sees potential for both safe and risky dares. "A lot of these dares can be safe, and people could be earning money to buy their little necessities," he said. But he's not ruling out more extreme options. "Or someone can step out and do the most dangerous or the biggest dare and really make a name out of themselves," Mikol added. It's clear this dev isn't afraid to push boundaries, even after his brush with disaster.
Polygon and TON Join Forces in Layer-2 Race
Jul 15, 2024
The TON Application Chain (TAC) is teaming up with Polygon Labs. Their goal? To make the TON ecosystem play nice with the Ethereum Virtual Machine (EVM). It's a big deal. TAC is building a Layer-2 network for TON. This blockchain is known for its ties to Telegram, the messaging app. Why does TON need this Layer-2 integration? It's simple. They want to tap into Ethereum's massive developer community. The new Layer-2 chain will use Polygon's tech. It'll leverage Polygon CDK and Agglayer, an interoperability protocol. This combo will let EVM-compatible decentralized apps (DApps) run on TAC. Pavel Altukhov, TAC's CEO, spilled the beans to CoinDesk. "We're going with Polygon for a few reasons," he said. "EVM compatibility, easy liquidity access, solid support, and their EVM know-how." What's in it for developers? A lot, actually. They can port their Ethereum-based apps to TAC without breaking a sweat. And they'll get access to Telegram's huge user base. Altukhov's pretty stoked about recent developments. He pointed to USDT's integration on TON and the success of Notcoin, a popular Tap-to-Earn game. The numbers are looking good. TON's got 5.8 million monthly active on-chain wallets on Telegram. That's nothing to sneeze at. Here's a kicker: TON recently beat Ethereum in daily active addresses. On June 3, it hit 568,300 DAAs and it's worth noting that Ethereum - second most popular crypto in the world - hasn't seen those numbers since September 2023. The Layer-2 race is heating up. Coinbase launched Base last August. It's built on the OP Stack and has already locked in over $6 billion. Other players like Blast, Optimism, and Arbitrum are in the mix too. With TON joining the fray, things are bound to get interesting. It's a young man's game, and TON's playing to win.
Meme Coin Weekly Watch: DOGE Dips, PEPE Pops, MOG Had Wild Ride
Jul 13, 2024
The meme coin market experienced significant turbulence this week. Top tokens saw dramatic price fluctuations. News events and community actions drove these changes as always, but meme coins also took heavy hits from the outside world. Dogecoin (DOGE) stumbled initially. An Elon Musk tweet failed to spark enthusiasm, causing a 5% drop. But rumors of an e-commerce partnership reversed the trend. DOGE closed the week up 3%. Shiba Inu (SHIB) made a strong comeback. A new DeFi integration announcement propelled it up 12%. Enthusiastic community support pushed SHIB to new weekly highs. Pepe (PEPE) was the week's most stable performer. It surged 18% after launching a new NFT collection. This move tapped into investor nostalgia and excitement. Then it went back to its usual positions. A newcomer, dogwifhat (DOGWH), turned heads with a 15% fall, that followed an amazing 20% jump. Viral social media posts fueled its rise. Fresh investors piled in, drawn by the buzz. Bonk (BONK) had a solid week, climbing 4%. A successful community giveaway event drove the increase. It showcased the power of grassroots initiatives in the meme coin space. Floki (FLOKI) went on a wild ride. A Viking-themed marketing campaign initially boosted it 7%. Profit-taking then led to a 5% dip. FLOKI still ended slightly up for the week, as vikings never surrender, you know. Brett (BRETT) saw a 10% uptick, and then rolled down for 3%. New partnerships with emerging crypto platforms enhanced its appeal. The vocal Brett community played a key role in sustaining momentum. Mog Coin (MOG) truly went through the wringer. It dropped 10% on negative sentiment, then rebounded 15% after launching a staking feature. Talk about a rollercoaster! Book of Meme (BOM) steadily gained 4%. Small but positive platform updates drove its performance. BOM's consistency continued to attract new investors. We love stability, of course. And we lack it so desperately. Dog (Runes) faced headwinds, dropping 8%. Market corrections and regulatory concerns were to blame, no doubt. Yet, the community remained upbeat about future developments. To sum up, this week's events highlight the meme coin market's unpredictability that goes far beyond the ordinary altcoins. But that's why we love meme coins, right? They are insanely fun and insanely risky. That's probably not what Satoshi intended for us, but who says we can't have fun while Daddy is away.

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