Pepe has pumped 25% and fared as a frontrunner in today’s meme coin frenzy.
Meanwhile, the new meme coin-AI crossbreed WienerAI is also gathering pace as it raises over $800K.
Pepe Upswing Outpaces Market Average as Traders Anticipate Further Gains Ahead
It is not uncommon for meme coins to see staggering gains amid favorable market conditions, and that’s certainly the case today as the sector’s total market cap rises by 12%.
However, Pepe’s has seen gains of twice the magnitude, surging by 25%. This makes it the top-performing meme coin with a market cap of over $1 billion.
Currently, Pepe is trading at $0.0000077, up 9% this month but remains down 2% this week. It holds a $3.2 billion market cap and a $1.4 billion 24-hour trading volume, up 57% today.
Based on its market cap, Pepe is the 31st largest cryptocurrency. However, its trading volume places it in the ninth spot, making it a stand-out asset regarding investor interest.
Unsurprisingly, leading analysts have taken note, with Mags saying that “Pepe looks ready for a leg up” and that a $10 billion market cap is “programmed in.”
Based on its current $3.2 billion valuation, this leaves room for almost a 3x price increase.
Meanwhile, prominent meme coin trader Max Schwartzman believes Pepe is on a “moon mission,” analyzing its price against Dogecoin and anticipating that Pepe outperforms the OG meme coin looking ahead. However, he anticipates both assets are set to soar.
Max wrote: “I think Doge looks really strong here. This is the first higher time frame pullback after breaking out of a 500+ day bear market re-accumulation range. I would expect Dogecoin to hold & rally from here.”
He continued, “If DOGE looks primed for higher & the Pepe/Dogecoin pair is in price discovery, what does that mean? It means that Pepe is on a moon mission.”
But while the outlook for Pepe is exciting, analysts are also bullish on WienerAI, a new presale launch that intertwines memetic innovation with a revolutionary AI trading bot.
Esteemed Trader Says WienerAI Could 10X After Presale
Alongside the enthrallment of meme coins, AI is another sector demanding center stage in the crypto market.
However, WienerAI stands at the epicenter of both, packaging a first-in-class AI trading bot inside a meme coin exterior, appeasing both the degen and tech-appreciating market participants through one epic project.
As part sausage dog and part AI, WienerAI is embarking on an unprecedented path, vying to establish a new gold standard of crypto marketing.
$WAI is currently available at presale for $0.000703, but this is set to rise throughout the campaign. The next uptick will occur in two days or when the total raise hits $1.1 million.
The presale has raised over $800K so far, with investors hungry for its sweeping use case and eye-watering staking rewards.
Staking is already live and currently offers a whopping 1,100% APY. However, this is on a first-come, first-served basis, with the APY decreasing as the staking pool grows.
Adding to the excitement, leading analysts are rallying in support of the presale. In a recent YouTube video, popular trader ClayBro said, “Wiener AI Could Be The Next 10x Meme Coin.”
The analyst also underscored the project’s “crazy high staking rewards,” although traders must be fast to secure them.
