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Ethereum ETF Approved to Push Token Value Above $4,000 – Investors Flock to New AI Coin Meme Coin
It took just a few weeks for Bitcoin to go from $42,000 to $73,000 when its ETF was officially approved earlier this year.
Now, we may see the same increase with Ethereum as ETF approval is on the move.
If Ethereum ETF approval comes in the next few months, we could easily see ETH regain the $4,000 target and rise from there. However, this isn’t exactly a huge return and if you’re looking for bigger gains it won’t be enough.
However, if you want to make 100x profits in the following period, a much better opportunity is the WienerAI presale token ($WAI) which could explode after listing!
Let’s look at the details.
ETH Buying Rises with Ethereum ETF Approval Trend – But This New AI Meme Coin Is Where Bigger Profits Can Be Found
The approval of spot ETH exchange traded funds (ETFs) in the United States could potentially boost the value of the second largest cryptocurrency by up to 60% in the coming months.
This prediction mirrors the market response when spot Bitcoin ETFs received approval in January. After the ETFs launched on January 11, the price of Bitcoin rose from $42,000 to over $73,000 in two weeks.
Right now, ETH is trading at around $3,700. An ETF approval could push it above $4,000 and bring huge momentum.
However, analysts warn that a rejection of the ETF’s request could lead to a significant price drop. This week, six issuers, including BlackRock, submitted revised proposals for their Ether ETFs ahead of today’s decision. All issuers have removed plans to stake the token, meaning there may have been a regulatory hurdle.
This week, the U.S. Securities and Exchange Commission began reviewing S-1 registration statements from potential Ethereum ETF issuers, so more information will be available in the following days.
In the meantime, if you are looking for bigger gains, the token you should focus on is the new WienerAI ($WAI) project.
Below we will look at it in detail.
WienerAI ($WAI) creates a unique backstory that combines dog culture and artificial intelligence technology –
In 2132, in the New Silicon Valley, an eccentric scientist known as The Architect, famous for his passion for puppies, set out on a mission to create an AI/dog hybrid.
During the process, an unexpected incident occurred: the architect was eating a sausage, giving rise to the unique blend of dog, AI and sausage that became Wiener AI.
The whitepaper places a strong emphasis on “companionship” and “friendship”, outlining them as the central themes of WienerAI’s mission. It also introduces “The Sausage Army,” the term for WienerAI’s community of followers.
Although there have been other crypto dogs with dedicated followings, WienerAI stands out as one of the most unique due to its unusual creation and mission.
The WienerAI team has developed a robust tokenomics framework for its ecosystem.
In their plan, 30% of the total supply of 69 billion WAI is earmarked for pre-sales. An additional 20% is allocated to staking rewards, aimed at incentivizing long-term holders. Another 20% is earmarked for airdrops and giveaways to engage the community. The remaining tokens are used to provide liquidity and fund marketing initiatives.
So far, WienerAI has raised a whopping $2.7 million in pre-sales and the interest continues to grow!
WienerAI Introduces Robust Trading Bot and Staking Protocol: 100x Earnings Expected After Listing
The main feature of WienerAI is an AI-based trading bot built on the Ethereum blockchain. This trading bot is not just about trading but also offers a user-friendly interface where users can ask questions related to their investment goals and strategies.
For example, users might ask, “Which meme token will have the most potential next month?” In response, WienerAI scans the markets and provides an unbiased analysis of the coins or tokens that match the query.
In addition to market intelligence, WienerAI helps users execute optimally priced trades on decentralized exchanges (DEXs), protecting them from frontline bots. It works like an AI assistant, constantly monitoring the market, analyzing data and predicting the most promising trades.
The platform also provides a powerful interface that provides immediate information and enables seamless, zero-cost token exchanges between DEXs. Users no longer have to worry about missed business opportunities or being front-lined by bots.
For example, a trader watching Bitcoin may want to take advantage of a price swing. They could ask WienerAI to analyze Bitcoin and the bot would identify key support and resistance levels, along with optimal entry and exit points. The trader can then execute their buy or sell order directly through the bot, completing the process in seconds.
Additionally, WienerAI includes a staking mechanism where holders of its native token, WAI, can earn rewards.
The verdict
With the SEC finally opening the chapter on Ethereum ETFs, the crypto community is eagerly awaiting a positive verdict that could boost the value of ETH in the coming months.
However, even in the best-case scenario, industry experts do not expect huge returns from Ethereum.
If you’re looking for something in the 100x range, it’s best to look into trending presales like WienerAI ($WAI).
With a robust trading bot, strong community support, and a growing pre-sale, this AI-powered meme coin is poised for explosive growth.