It’s been a great 24 hours for BABY BEERCOIN (BBEER) holders.
The coin’s price has rocketed over 100% in the past day, now hovering around the $0.00066 level.
However, an even quirkier meme coin called WienerAI (WAI) is also doing well – and just passed the $6 million milestone in its token presale event.
BABY BEERCOIN Surges – Start of a New Rally?
BABY BEERCOIN aims to take advantage of all the hype around the original BEERCOIN token.
BBEER has surged 113% since yesterday in a move that has delighted (and baffled) traders.
This tribute token to the “liquid gold” OG was initially launched on June 10.
It immediately rocketed in price as it attempted to capitalize on BEERCOIN’s bull run.
But after that initial burst, BBEER soon fizzled out – drifting into a downtrend that resulted in new lows yesterday.
That is until bullish momentum returned.
Although spot volumes remain significantly lower than where they once were, BBEER has clearly regained the market’s favor.
The question now is: is this merely a “dead cat bounce” from an oversold token or the start of a new rally for BABY BEERCOIN?
With BBEER only available through Raydium and MEXC, the jury is out on whether this rebound has legs.
But one thing’s for sure – its rally has investors sitting up and taking notice.
Meme Coins Bounce Back as DOGE, SHIB, and PEPE Push Higher
BABY BEERCOIN’s move hasn’t occurred in a vacuum.
The biggest meme coin names have all surged in the past 24 hours after a week of bearish price action.
Heavyweights like Dogecoin and Shiba Inu are up over 3%, while the super-popular Pepe token has surged by 12%.
But Brett on the Base chain has been the biggest gainer – ripping 17% higher and hitting the $0.157 level.
The meme coin revival has correlated with a sharp uptick in trading volume.
Spot volumes are back above $6 billion in the past 24 hours, a 20% increase from the previous day.
The likely catalyst?
Bitcoin rebounded from the $64,000 support level, causing the coin to jump nearly 3% as traders rotated back into the market.
That has led to an uptick in interest in risk-on assets – like meme coins.
Whether this meme coin rebound can be sustained remains to be seen.
However, with the hype building once more, the second half of the week could be even more volatile for investors.
WienerAI Shakes Up Crypto Market with $6M Presale Raise & AI-Powered Trading Bot
With the meme coin space surging again, another new project is benefiting from the bullishness.
WienerAI has now raised over $6 million in its limited-time presale phase.
And with WAI tokens on offer for just $0.00072 each, it’s easy to see why.
This Ethereum-based project takes meme humor to its extreme by mashing up a sausage dog mascot with an AI-powered trading bot.
At first glance, this might seem silly, but WienerAI’s bot offers real utility to users.
It features cutting-edge predictive models and machine learning algorithms, scouring the market 24/7 for trading ideas.
All that users need to do is enter their risk parameters, and the bot handles the rest – even executing trades at the right time.
Crucially, all executed trades are fee-free.
The potential for this trading bot is enormous if it lives up to the hype.
In recent demos shown on Twitter, WienerAI’s team showed the bot’s capabilities, which were praised by the community.
YouTuber Michael Wrubel even described it as his “top AI meme crypto” of 2024.
All of the hype around WienerAI has set the project up perfectly for DEX listings once the presale ends.
If these listings go smoothly and the trading bot delivers on its promises, WAI could be a meme coin to keep an eye on.
Visit WienerAI Presale
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