The rollercoaster ride of meme coins is back in action. Today, Pepe (Pepe) and Mog Coin (Mog) plummeted, sounding the alarm for retail investors. However, not every meme coin is crashing. WienerAI (WAI) continues to impress during its ICO phase, having just crossed the $7 million fundraising milestone.
**PEPE Token Plummets – Can It Find Support?**
PEPE took a hit today. The popular frog-themed token fell by 9% in the last 24 hours and 22% since last Wednesday. PEPE’s current trading price is just $0.0000104, the lowest point since June 24th. Now, the token is dangerously close to the significant $0.000010 mark. This is a key 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 all eyes are on whether 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 continuously rising open interest figures, you get a prescription for some serious market indecision. It seems the political public figure’s campaign may not be over yet. However, whether the token can bounce back from here or continue to fall remains to be seen.
**Mog Coin Slides After Significant Price Fluctuations**
Mog Coin also had a tough day at the office, hovering around $0.00000137. It has dropped by 21% in the past 24 hours. The cat-themed token has been volatile lately, plummeting 35% from Saturday’s local high, erasing most of the gains from last week. MOG is approaching a potential support level around $0.00000130; whether it will hold is anyone’s guess. Despite MOG’s price plunge, spot trading volume remains stable at $35 million, indicating significant interest in the token. However, MOG’s market cap took a hit. It has fallen below the $500 million mark, meaning Popcat (Popcat) has toppled it in the rankings. With profit-taking unfolding, we might see further declines in MOG. Unfortunately for MOG holders, the price drop seems unrelated to specific news or developments. Instead, it’s symptomatic of the broader “risk-off” sentiment currently in the cryptocurrency market. Therefore, MOG is likely to continue facing headwinds until market sentiment shifts again.
**WienerAI Shines with Advanced AI Technology and Growing Community Support**
While some meme coins are plummeting, WienerAI is not among them. This AI-powered token is still performing well, having just broken through 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 boasts complex algorithms that use predictive technology to spot potential winners in the market. Moreover, the bot can execute buy and sell orders—all with zero fees. The numbers speak for themselves. Since the announcement of WienerAI’s trading bot, over 14,500 people have followed the project’s Twitter page, and 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 instance, WAI has a staking application that allows token holders to earn yields. At the time of writing, the annual yield is estimated at 163%. Thus, WienerAI users can essentially trade cryptocurrencies with the bot while earning passive income. With SolidProof already auditing the project’s smart contract, WienerAI’s team is prioritizing security. In an industry rife with scams and schemes, this is a refreshingly different approach. This focus on security, combined with the allure of the trading bot, may help WienerAI avoid the fate of PEPE and MOG.
**Visit WienerAI’s Presale**
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