Ethereum meme tokens Pepe and Mog Coin plummet as WienerAI raises $7M in ICO

The meme coin roller coaster is back on track.

Pepe (PEPE) and Mog Coin (MOG) are both experiencing a sharp decline today, which is a wake-up call for retail investors.

But not all meme coins are in crisis.

WienerAI (WAI) continues to impress in its ICO phase, having recently passed the $7 million funding milestone.

PEPE token suffers a major drop: will it maintain support?

PEPE is taking a beating today.

The popular frog-themed token is down 9% over the past 24 hours and 22% since last Wednesday.

PEPE is already trading for only $0.0000104 – its lowest point since June 24.

Now, the token is flirting dangerously close to the $0.000010 mark.

This is a key psychological level for traders as PEPE has rejected it three times in recent weeks.

PEPE last closed below this level in mid-May, so all eyes are on whether it will hold or retreat.

But here's where things get interesting: despite the token price drop, spot volumes are up 59% over the past day.

To this we must add a Open interest figure on the riseand you have a recipe for serious market indecision.

It seems that PEPE's career might not be over yet.

However, it remains to be seen whether the token can recover from here or continue to fall.

Mog Coin drops after massive price volatility

Mog Coin is also having a rough day at the office, hovering around $0.00000137.

This represents a 21% drop in the last 24 hours.

This cat-themed token has been volatile lately, falling 35% from Saturday's local high and giving back most of last week's gains.

MOG is approaching a potential support level around $0.00000130; no one knows if it will hold.

Despite the drop in MOG price, spot volumes remain stable at $35 million, suggesting there is a lot of interest in the token.

But MOG's market cap has taken a hit.

It has fallen below the $500 million mark, meaning that Popcat (POPCAT) He has turned the chip over in the ranking.

With profit-taking in full swing, we could see MOG fall even further.

Unfortunately for MOG holders, the price drop does not appear to be related to any specific news or developments.

Instead, it is a symptom of the broader “risk-off” sentiment that exists in the cryptocurrency market right now.

Therefore, MOG is likely to continue to face headwinds until sentiment changes once again.

WienerAI shines with advanced ai technology and growing community support

While some meme coins are plummeting,ethereum-meme-tokens-pepe-and-mog-coin-crash-while-wienerai-raises-7-million-in-ico” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”> WienerAI it is not

This ai-powered token continues to perform well and has just surpassed the $7 million mark in its ongoing ICO.

What sets WienerAI apart from its peers?

It's serious technology that it brings to the table with its ai-enhanced cryptocurrency trading bot.

This bot features sophisticated algorithms that use predictive technology to find potential winners in the market.

Not only that, but the bot can execute buy/sell orders, all commission-free.

And the numbers speak for themselves.

Since WienerAI's trading robot was announced, more than 14,500 people have followed the project.x.com/WienerDogAI” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”> twitter Page.

Another 12,000 are active in Telegram.

But this initial community backing isn't just about the technology, as WienerAI has other tricks up its sleeve.

For example, there areai/en/staking” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”> a staking app for WAI that allows token holders to earn yield.

At the time of writing, annual returns are estimated at 163%.

So, WienerAI users can essentially use the bot to trade cryptocurrencies and earn passive income at the same time.

With the project's smart contracts alreadyai/assets/documents/audit.pdf” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”> audited by SolidProofThe WienerAI team prioritizes security.

It's a refreshing approach in an industry plagued by scams and deception.

This focus on security, combined with the appeal of the trading bot, could be what helps WienerAI avoid the fate of PEPE and MOG.

ethereum-meme-tokens-pepe-and-mog-coin-crash-while-wienerai-raises-7-million-in-ico” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>Visit the WienerAI pre-sale

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