New PoliFi meme coin DJT price rallied on rumors that Donald Trump is launching an official crypto. Meanwhile, the WienerAI presale is going viral
The meme coin mania might have subsided, with the cumulative market cap shrinking below $50 billion at press time—almost $15 billion lower than it was a couple of days ago.
Though the momentum is waning and Bitcoin is crashing, politics is taking over ahead of the hotly contested presidential campaign in the United States. Following an unconfirmed rumor, DJT, a meme coin riding on the Trump wave, is soaring.
Unpacking The Action: DJT Price Rallies Before Plunging
According to reports, former President Donald Trump is reportedly launching an official crypto, DJT.
The rumor, first published by Pirate Wires, a satirical news site, cited unnamed “conversations” with Trump’s inner circles. It is alleged that Barron, the president’s son, is involved in the project.
Following this, DJT, a meme coin, rallied before plunging.
The token is surging amid Trump’s encouraging and fast-changing stance on crypto. After dismissing Bitcoin when he was in power, he is making crypto a part of his campaign promises, even accepting crypto donations.
The former president recently met with Bitcoin mining executives, pushing for increased domestic BTC production.
WienerAI Raises Over $6 Million In Viral WAI Presale
While the DJT frenzy dominated headlines, another meme coin, WienerAI, is going viral in the ongoing WAI presale.
Unlike DJT, whose performance depends on Donald Trump’s pronouncements and political contests, WienerAI aims to bridge the gap between humans and AI.
At the core, it will offer an AI-powered trading bot. This tool will allow traders to easily analyze and predict markets through an easy-to-use interface.
Of note is that the bot will prevent traders from being front-run by notorious MEV bots.
At the same time, all transactions will be smooth and come with zero fees–a huge advantage, especially for active scalping traders.
Interest is surging in what WienerAI brings to the table.
As of mid-June, the project has raised over $6 million in its presale, attracting meme coin and AI enthusiasts.
Currently, WAI, the native token, is available at a deep discount, trading for just $0.00072 but will increase in the next stage.
So far, analysts expect WAI to roar once it launches.
The confidence lies in WienerAI’s unique concept, ambitious goals, and attractive staking model.
Currently, over 5.4 billion WAI, representing over 63% of the total supply, have been staked. Participants receive an ultra-high yield of 190% APY.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
