The post Is This the ChatGPT of Crypto? WienerAI ICO in Final Stage With $7M Raise appeared first on Coinpedia Fintech News
WienerAI ($WAI) is a new meme coin with a twist – it’s the first AI-powered trading bot.
This use case has turned a lot of heads in the crypto market, with investors buying over $7 million of $WAI at presale.
The presale is ongoing but in its last stretch with just 12 days until it ends.
After its presale, WienerAI will be listed on decentralized exchanges.
The first trading bot with AI chatbot capabilities
A relentless buzz surrounds the WienerAI presale.
Investors are excited about the project’s AI chatbot functionality.
Think of it like ChatGPT for trading.
For those who don’t know, ChatGPT is a chatbot and virtual assistant. It launched in 2022 and has over 100 million people using it weekly.
ChatGPT changed the way people research, brainstorm, and gather ideas.
But while ChatGPT is a generalist chatbot, WienerAI is trading-specific.
It brings a new level of sophistication.
Users can ask the bot questions, lay out trading criteria or strategies, get feedback on the thesis’, and much more.
The bot will then scour the market to help determine the best trading opportunities.
It’s a setup that saves time while unlocking a new world of knowledge.
ChatGPT changed the game, causing an all-out AI rush once people understood its capabilities.
World-leading companies like Apple, Meta, Google, and Amazon all ramped up their AI development efforts.
This caused chip manufacturer Nvidia to reach a $3 trillion market cap.
But now, WienerAI is bringing that enigma to the crypto industry. Who knows how far it could go?
On-chain trading just became much easier
On-chain trading was a necessary evil in crypto.
It’s slow, clunky, and perplexing, but it’s the only way to ensure decentralized transacting, where you have ownership over your funds.
But WienerAI is changing the game with a trade execution function.
You get a centralized exchange-like user experience while trading on-chain.
The bot allows you to make trades that are instant, MEV-resistant, fee-free, and noob-friendly.
No more long wait times and MEV attacks.
And like on a CEX, users can track their past and active positions from the WienerAI interface,
This is a pivotal feature for those aiming to build and refine their trading strategies.
While categorically a meme coin, WienerAI is building something revolutionary for trading.
The combination of meme coin virality and market-leading utility has sparked massive excitement.
In a recent analysis, the 99Bitcoins YouTube channel suggested that WienerAI could 100x.
The analyst opened by explaining that despite crypto’s recent bearish momentum, the project kept pushing ahead.
However, we should also note that crypto market conditions have u-turned this week, going from bearish to bullish.
Prices across the board are green, marking the perfect time for WienerAI to debut on exchanges.
AI coins rally as Grayscale launches AI-focused crypto fund
While many cryptocurrency prices are up this week, AI coins are taking over.
There’s a growing appetite for the sector following $50 billion asset manager Grayscale announcing a new AI fund.
The fund comprises five AI cryptos: Near, Filecoin, Render, Livepeer, and Bittensor.
It will be available to accredited investors and “was designed to capture the growth of protocols at the intersection of blockchain and artificial intelligence,” Grayscale said.
Just launched: Grayscale #Decentralized #AI Fund! Available to eligible accredited investors. Holdings as of 07.16.2024 and are subject to change without notice.$NEAR $FIL $RNDR $LPT $TAOView important disclosures or speak directly to a team member: https://t.co/gYetdms280 pic.twitter.com/h2mtLP0Vh9
— Grayscale (@Grayscale) July 18, 2024
The announcement has proved a big help for AI crypto prices, with many up over 20% in the last week.
Bittensor is leading the charge, up 36%.
However, several lower market-cap AI coins are up even more. For instance, PAAL is up 60%.
Nestled between the meme coin and AI domains, WienerAI has one of the strongest narratives among all cryptocurrencies.
And investors can still buy the token at a cheap, pre-market price.
However, with just 12 days until the presale ends, they must act quickly or risk paying a lot more post-exchange launch.
Keep updated by following WienerAI on X or joining its Telegram. Alternatively, visit its website to buy tokens.
Visit WienerAI Presale