If you missed out on the recent surge of the popular meme coin Floki ($FLOKI), don’t worry because its price has soared by an impressive 40% in just seven days and an additional 15% overnight. This significant increase in value comes as the Floki team introduces a new trading bot into the Floki ecosystem, which operates on the Telegram platform.
The team announced the launch of the bot on Twitter, specifying that it was released as a closed beta test. The marketing material for the bot promises to revolutionize trading by making it faster, easier, and more efficient. As the native utility token of the Floki bot, $FLOKI will be used for transactions, and a 1% fee will be charged on every trade. Half of the revenue generated from these fees will be used to buy back and burn $FLOKI tokens, while the other half will be allocated to the project’s treasury.
You have the opportunity to join the closed beta by following the instructions provided in the announcement tweet. The beta test will run for two weeks, and there are only 150 spots available on a first-come, first-served basis. Participants in the beta test must provide at least two feedback reports per week, engage in a minimum of four weekly trades, and complete a survey at the end. The exact reward for completing the survey has not been disclosed at this time.
The public launch of the Floki bot is scheduled to happen in a few weeks, making it accessible to the 480,000 holders of $FLOKI. Since its launch in 2021, Floki has been named after Elon Musk’s Shiba Inu pet. Today, Floki is outperforming the market leader Bitcoin ($BTC), which has failed to increase in price overnight. Bitcoin is currently trading at $68,511, a 4% decrease from its value seven days ago. Similarly, Dogecoin ($DOGE), another popular meme coin inspired by the Shiba Inu meme, has also failed to grow overnight and has only seen a 1% increase in value compared to last week, reaching $0.1666.
Analyzing Floki’s trading chart, we can see that it has broken through previous resistance levels around $0.00023. However, it is important to note that this surge in price may be short-lived due to the nature of news-related price actions. Currently, Floki has a Relative Strength Index (RSI) of 73, indicating that it is slightly overbought. Therefore, a sell-off is expected in the near future to help stabilize the token’s new position.
While Floki has attracted a significant number of crypto enthusiasts, another crypto project called WienerAI has also gained attention. Unlike Floki, WienerAI ($WAI) is still in its presale stage but has managed to raise millions by offering an enhanced trading bot with intelligence and personality. Marketed as a “Revolutionary AI Trading partner,” WienerAI serves as a digital companion that provides user-friendly AI-enhanced trading advice, seamless swap functionality, and zero fees. Users can ask WienerAI questions related to their trading needs and receive recommendations along with a breakdown of the logic behind them.
WienerAI’s presale has been active for only a month, and it has already raised an impressive $3 million in investments. The smart contract of WienerAI has been audited by the blockchain security platform Coinsult. Additionally, approximately 20% of the total supply of $WAI is available for staking. Buyers have the opportunity to stake during the presale to take advantage of the current lucrative yield, which stands at an impressive 318% APY.
For the latest news and updates on WienerAI, you can follow them on X and Telegram. If you’re interested in participating in the presale, you can visit the WienerAI website for more information. Please note that investing in cryptocurrency is considered high-risk, and this article is provided for informational purposes only and should not be considered investment advice.