DOGE and SHIB See Surge During GameStop Pump as WienerAI Prepares to Dominate

Exciting times in the cryptocurrency market as Dogecoin, Shiba Inu, and the new WienerAI coin make significant gains amidst the meme stock rally led by GameStop.

Memecoins like Dogecoin and Shiba Inu are on the rise, benefiting from the recent attention on meme stocks. The debut of WienerAI, a novel AI-meme coin blend, is creating a buzz among investors, with its presale already attracting nearly $2 million.

Investors Switching to Memecoins during GameStop Hype

The GameStop craze is back with the resurgence of key trader Roaring Kitty, but the focus is quickly shifting to memecoins, just like in 2021.

A seasoned meme coin trader, Ansem, highlighted that Dogecoin saw a 100x increase after GameStop’s peak in 2021. The recent surge in DOGE and SHIB prices suggests that another round of exponential growth for memecoins may be on the horizon.

Currently, Dogecoin is priced at $0.1561, with a 6.8% daily increase, 5.8% weekly gain, and 0.4% monthly growth. Its market cap stands at $22 billion, with a $1.9 billion trading volume over the past 24 hours, marking a 17% increase for the day.

Despite GameStop’s remarkable performance (up 148% in five days), its 18% drop today hints at a rotation from meme stocks to meme coins. This shift could be triggered by the multiple halts in GameStop and AMC trading on Wednesday to prevent excessive volatility.

Commenting on this, Borovik suggested that stock traders might turn to cryptocurrencies due to their decentralized nature, bypassing restrictions seen in traditional stock trading.

Anticipating further gains, trader Kaloe indicated that Dogecoin is ready for a significant increase, drawing parallels to GameStop’s surge in early 2021 preceding DOGE’s rise.

DOGE, SHIB surge amid GameStop pump as WienerAI sets to excel - 2

Shiba Inu, on the other hand, has outperformed Dogecoin recently, showing strong upward momentum. With a price of $0.00002528, SHIB has gained 9.5% in a day, 10.2% in a week, and 16% in a month. Its market cap is $14.9 billion, with a 24-hour trading volume of $1.2 billion, increasing by 43% in a day.

Trader Nebraskngooner predicts a decisive uptrend for Shiba Inu, highlighting the coin’s trading pattern and hinting at a potential breakout soon.

DOGE, SHIB surge amid GameStop pump as WienerAI sets to excel - 3

While established meme coins continue to perform well, the emergence of new projects like WienerAI shows promising potential. This unique coin, combining memes and AI, has garnered significant attention with its presale raising nearly $2 million.

Excitement Surrounds WienerAI

At the intersection of memecoins and AI, WienerAI is drawing interest. The memecoin market has a total value of $55 billion, up 6.2% today, while the AI coin sector is worth $39 billion, showing an 11.7% daily increase.

WienerAI’s innovative concept, featuring a playful sausage dog meme, has the potential to go viral. However, the project goes beyond just being a meme coin, as it includes the development of an AI trading app for efficient and predictive market analysis.

Traders are optimistic about WienerAI’s future, with some predicting a significant upsurge, highlighting its unique features and potential for growth.

Users can also earn staking rewards by locking up their tokens, providing an additional incentive to participate in WienerAI. Staking currently offers a 512% APY, but this rate will adjust as more tokens are staked.

For more information or to join the WienerAI presale, visit their website.

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