It’s not Bitcoin, it’s not Ethereum. The new one cryptocurrency which is becoming all the rage after the Pepe Coin rally, is called AiDoge and generates significant profitability due to the rise in its price.
This is a new industry-leading Web3 meme cryptocurrency, which went live on one of the major cryptocurrency exchanges, MEXC. Crypto investors can now purchase AiDoge’s $AI native token directly through MEXC’s crypto exchange.
Since MEXC already has a token that is the AI ticker, AiDoge will trade as $AI2 on the platform (but will remain $AI on all other platforms, such as decentralized exchanges).
What is AiDoge about?
Aidoge is building a unique AI-powered meme generation and sharing platform.
With the project already garnering the attention of both the meme crowds and those interested in investing in cutting-edge AI crypto projects, analysts are predicting big things for $AI. Some analysts have even suggested that $AI could make a 100x profit.
Popular British cryptocurrency presale analyst Jacob Crypto Bury believes that $AI could easily be the next cryptocurrency to explode and has the potential to go 100-fold.
Meanwhile, another cryptocurrency presale analyst, Crypto Gains, whose YouTube account has over 100,000 subscribers, believes that $AI could easily post 20x gains.
Cryptocurrencies linked to Artificial Intelligence
In any case, there is a good chance that $AI will see an immediate burst to the upside when it lists on MEXC.
The AiDoge pre-sale was one of the hottest of 2023, as the project raised a staggering $14.9 million in a matter of weeks.
The strong demand for the AiDoge pre-sale likely reflects the FOMO that has gripped the meme coin market in recent months, with investors hunting for the next Pepe, Dogecoin, or Shiba Inu.
Meanwhile, cryptocurrency projects tied to AI-related use cases have also done very well so far this year, as interest in generative AI-related technologies (such as ChatGPT) and large companies skyrocket. Tech companies launch new AI-powered products.
Analysts see great potential for the AiDoge platform and its $AI token, as it meets the AI and meme requirements investors are looking for, while also introducing the exciting new concept of Meme-to-Earn (M2E).
And unlike Pepe and the vast majority of memecoins that have emerged in recent weeks, the $AI token offers real utility and is backed by a legitimate and credible project that has an exciting roadmap and uses AI technology from Vanguard. This is how AiDoge’s AI-powered meme generation and voting platform works.
Sitting at the intersection of the worlds of memes and AI, AiDoge is building a revolutionary new social platform that allows users to generate memes using AiDoge’s cutting-edge generative AI technology.
AiDoge’s platform “employs advanced AI technology to create relevant memes based on user-provided text messages,” the crypto project’s white paper states.
“Users provide text messages for meme generation… AI processes the information, creating relevant and engaging memes, making meme creation accessible to everyone.”
Meme creators post their content on the public wall and the community can vote on their favourites.
The platform has a built-in mechanism to promote the best memes and reward their creators with $AI tokens.
AiDoge thus offers meme creators their first viable route to a hobby-related source of income, all while the blockchain technology that underpins the AiDoge platform protects ownership rights to their content.
The revolutionary social platform is dubbed “Meme-to-Earn” (M2E), an innovative new concept that is proving a hit with the broad cryptocurrency investment space.
The platform is expected to be fully operational in early 2024, with users being able to vote on memes and claim their first $AI rewards.
Can $AI become a multi-billion dollar market cap coin?
As AiDoge fulfills its roadmap in the coming months and attracts a substantial user base and engaged community, and assuming we are in the early stages of a new cryptocurrency bull run, the potential for gains should not be discounted. 100 times to a market capitalization of $3.36 billion.
Proof of this is Pepe. Last month, Pepe briefly hit a market capitalization of $1.8 billion, despite having no real use case.
Meanwhile, Dogecoin and Shiba Inu, which have no utility, have a market capitalization of about $10 billion and $5 billion respectively. Therefore, the sky is the limit for AiDoge in terms of growth potential.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
