If you take a quick look at the selection of meme coins on the market, one pattern you’ll quickly notice is that animal-themed coins are quite common. After all, Dogecoin was one of the first and most successful meme coins and many have followed in its footsteps.
This also comes at a convenient time as the crypto industry is still on a high note price-wise and many new cryptos and investment vehicles are hitting the market. As Kane Pepi has observed, there has been an influx of crypto presales and investors have enthusiastically participated. This is especially true when the tokens have valuable use cases, such as being used to gamble at an anonymous casino or to support the development of the blockchain itself.
Two notable meme coin presales have come in the form of WeinerAI and PlayDoge, both of which are dog-themed tokens. Their respective presales have raised impressive amounts of money and are giving the tokens a good headstart in the market.
How the Presales Have Unraveled
WeinerAI’s presale has been running for about a month and has raised an impressive $4.2 million thus far. As the name would suggest, the token plans to offer AI-driven capabilities along with its blockchain-based features.
More specifically, it offers an AI-powered trading bot that charges zero fees to investors. It also offers staking to users, with 1.3 billion of its tokens already earmarked for staking and another 690 million for liquidity purposes. Investors have really come on board with the staking option, as over 4 billion tokens have been locked already. The token presale is not yet ended but the public response indicates that the WeinerAI team has a hit on its hands.
It is also quite interesting that WeinerAI is both a meme coin like Dogecoin and an AI-powered coin, essentially combining two very unique niches of tokens. Another meme coin that has made waves in recent times is PlayDoge, a meme coin that is part of a play-to-earn universe.
PlayDoge is unique in that it follows the same format as iconic virtual pet games like Tamagotchi. Players ‘adopt’ a digital do and earn tokens for looking after it and keeping it alive. There is also a public leaderboard, showing the players with the most points, which adds to the competitive element.
Many people grew up with similar virtual pet options and so, this is a setup that they are used to. Based on the Binance Smart Chain, it has raised over $1.5 million in its presale, becoming one of the most hyped upcoming crypto projects.
Breaking Meme Coin Stereotypes
As much as meme coins have been successful, they have attracted a lot of criticism within the industry. One of the consistent complaints has been that outside of being references to memes and popular culture, they don’t ‘do’ anything.
However, WeinerAI and PlayDoge have defied these stereotypes by offering practical use cases for their investors. WeinerAI offers a free AI-based trading bot that simplifies the investment process and PlayDoge offers a nostalgic gaming experience designed for the modern world. Clearly, meme coins are evolving and defying previous assumptions about their value.
