A widespread selloff in digital assets saw meme coins, the most speculative crypto genre, record a significant downtrend as bearish market sentiments and risk-averse attitudes pushed investors away from trading.
Already, $DOGE and $SHIB have been amongst the biggest losers in the meme market since the start of 2023.
This has closely been followed by new meme market newcomers, $PEPE and $SPONGE, with a decline of 60.86% and 73.70%, respectively.
Although the meme coins are falling below key support thresholds, an emerging token, $AI, offers early traders astounding commercial ventures and solution-driven utility to propel its longevity and market price stability.
Now on presale, $AI has raised a mind-blowing $6.5 million from early investors keen to reap great rewards as the next biggest meme king soars in price value.
AiDoge is a new player in the cryptocurrency meme genre market.
Its sophisticated meme generator technology powered by artificial intelligence (AI) could cause a total price rebound of fellow meme sensations.
The AI-powered platform enables members to leverage its meme generator to create high-quality memes capable of going viral in the media and internet world.
The ecosystem features a text prompt where users can enter detailed descriptions of their creative concepts, and the generator automatically creates desired memes in seconds.
While there is a spate of meme coins with skyrocketing pumps lately, such as $PEPE, $SPONGE, $WOJAK, $BEN, and $NOMEME, their lack of intrinsic utility has triggered steep bearish falls.
These tokens' decline has propelled colossal losses for whale investors as they seek value-driven alternatives.
AiDoge's native token, $AI, comes into the block as a distinctive leader with no
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