AiDoge ($AI) made its debut exchange listing on June 19th, Monday, to a grand reception. The meme coin is live on MEXC Global and Uniswap for trading from 9 AM UTC.
The much-awaited exchange listing of $AI tokens comes after a meteoric presale that raised $14.9M within a few days of going live. The rapid progress of the presale strengthened the predictions that $AI is gearing toward a meme coin explosion. The massive hype around the listings confirms the predictions.
$AI will go live on more centralized and decentralized exchanges in the coming days to keep up with the rising demand, paving the path for more bull runs.
Good news, #AiDogeArmy! 💥
We are now live on @MEXC_Official and @Uniswap!
Follow the links below to get started! 😎
1️⃣ MEXC: https://t.co/UmBahnthQc
2️⃣ Uniswap: https://t.co/8akMmbikPRGO GO GO! 🔥🚀 pic.twitter.com/TKGPmEfAx0
— aidogecrypto (@aidogecrypto) June 19, 2023
AiDoge Announces Staking with 50% APY
AiDoge has launched a staking system that allows participants to maximize their potential returns from $AI holdings with up to 50% APY.
Here are a few important things to note:
- The 30-day fixed-length staking pool is only open for the next 2 weeks.
- The token is listed on MEXC as ‘AI2’ since the exchange already has an ‘AI’ ticker. But it is just for the MEXC listing.
- $AI claiming is live for presale participants on the Ethereum network. Make sure you have some $ETH in your wallet to pay transaction fees before claiming.
A First-of-its-kind AI-Powered Meme Generator
2023 has been generous to meme coins. Beginning with the Pepe hype, an array of meme coins has generated multifold returns for early investors. In fact, we could argue that they have been integral to reviving the market this year. The meme coin revolution that began with Dogecoin has proven the massive potential of the crypto community and how far speculation can drive an asset.
That said, most meme coins have a short life. Just like how they can turn your meager savings into a fortune over a fortnight, they can also wipe out your wallet overnight. Meme coins have long been confined to adventurous investors, as a result. The short lifespan can be attributed to the lack of utility among meme coins. Since they are spawned out of crypto fads, they have no long-term relevance.
AiDoge is an exception.
$AI taps into the meme coin hype to build exposure around its AI-powered meme generator. As the name implies, the underlying AI application allows you to generate memes. You just need to enter the text prompt, and it takes care of the rest. But you need credits to use the different features of the application. This is where $AI tokens come into play. $AI serves as the native cryptocurrency of the platform and allows you to purchase credits and services within the ecosystem.
Does an AI-Powered Meme Generator Have Market Relevance?
Yes. The growing demand for AiDoge tokens is not just a reflection of the massive meme coin explosion in the offing. It is also proof of the high market relevance of the underlying product.
While meme generation may have seemed like a silly use case a decade back, that’s not the case today. Memes have made their way into all demographics, especially over the last five years. Advertising, in particular, is one industry that has made the best use of memes to capture the attention of customers.
Although most people enjoy memes, not everyone has the skills or time to create them. Even when they have an idea that would make a great meme, it’s too laborious to dig up an image and craft a caption that suits it. With AiDoge’s cutting-edge AI algorithms, anybody can create contextually relevant memes, trained on extensive meme datasets and crypto news.
Here is another interesting fact. Most meme lovers and creators are youngsters. Coincidentally or not, this is also the same demographic that dares to venture into the meme coin market. So, yes, AiDoge is targeting the same bird with two bullets. The strategy boosts the conversion rate and generates organic demand for the token over time.
The Meme Coin Mania is Revving Up – How High Can $AI Go?
AiDoge is widely predicted to be the next Pepe. A modest price prediction for the token in the coming two weeks is 15-20X from the presale price. The triggers for the next $AI bull runs will be the series of centralized exchange listings lined up.
If the meme coin manages to keep up its presale and initial exchange listing momentum in the coming month, a Binance listing is due. That will lead to a meme coin break out, which can potentially take the token 50X-80X up the charts. In other words, it won’t be long before AiDoge dethrones Pepe from its third position on the meme coin chart.
But of course, the meme coin hype will settle down to a more sustainable pace within two months of the launch. That doesn’t render $AI a poor long-term crypto holding, however. The real potential of the token will be unleashed with the launch of the AI-based meme coin generator. It can give the token a sustainable market cap, starting from $5B in a short space of time.
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