WienerAI, hailed as the 100X memecoin?

A new meme coin called WienerAI has just launched its crypto presale on April 25th. In a matter of months, this project managed to raise more than $7 million, and its AI factors have become an investor favourite.As the project continues to rise in popularity, it has also been put in the spotlight and became the centre of discussion. So is the WienerAI coin a stroke of innovative genius, or is it just a scam like many others?

A place where innovations and novelties wreck havock

WienerAI, as the name suggests, is a combination of the word wiener (refer to either the sausage or the dog breed) and artificial intelligence. In an industry where investors are always hunting for the next big opportunity to expand their portfolio, the WienerAI project promises a personalised trading guru that answers all of your questions and makes sure that you never miss the next golden opportunity. Best of all, WienerAI does all this for free!

Leveraging on the presale of the Meme coin

One of the prominent features of WienerAI that cannot be stressed enough is that it allows investors the opportunity for immediate staking upon token purchase. As of today, more than 6 billion WAI tokens have already been staked, and the reward percentage is hovering around 154%. But as you already know, the number of stakes increases and the reward percentage has an inverse correlation, so as the number of investors staking for the WAI token increases, the reward percentage will continue to drop.

You shouldn't trust a crypto project if you do not know its founders

But hold your horses, we cannot stop here just yet without addressing the most important question of whether this project is the real deal? The internet seems to be divided on their views on this project, with 67% of people calling this project a scam, and the other 33% believing that it is not a scam.

If you check out the socials of this project, they do have pages on X, Telegram and their website. Its twitter has 15K followers, while its telegram has 12.4K.

The founder and team behind the project is also unknown. The website also doesn't provide any information about the major investors of the project. With all this uncertainty about the project, would you dare to put your faith in it?

Buy this coin just for the short term

Even though the project is still very early into the release of the coin, the project has already gathered a lot of hype. Many are buying and staking their coins, which is the strategy that most investors are adopting entering into this project. It seems that investors are seizing the opportunity now that the prices are still low to quickly buy the tokens and reap the most out of their investment. But I still do not believe that this project might be a long term meme coin that would perform well, and it might not be the wisest choice to invest in this project long term.