CorgiAI (CORGIAI) Soars 84% as Cronos Spring Odyssey Gaming Campsite Opens

The CorgiAI price soared 84% in the past 24 hours to trade for $0.002383 as of 07:04 a.m. EST on trading volume that skyrocketed 560%.

The CorgiAI price soared 84% in the past 24 hours to trade for $0.002383 as of 07:04 a.m. EST on Monday, fueled by a recent surge in AI tokens following Nvidia's earnings report.

With the CORGIAI token running on the Cronos blockchain, the surge in the CorgiAI price is attributed to the Cronos Spring Odyssey, a gaming campsite campaign that features the top gaming dApps on Cronos. The campaign kicked off on May 22 and is presenting an exciting community initiative sponsored by ecosystem projects.

May 22 marks the climax of a quest that started on April 22 and is part of a collaborative effort featuring 30 participating projects of the Cronos ecosystem. Participants can access a vibrant playground to explore and engage with Cronos dapps. The campaign focuses on four major Web3 themes: DeFi, NFTs, Memecoins, and Gaming.

CorgiAI Price Prediction

The CorgiAI price is trading with a bullish bias, evident in the 1-day chart below. However, it remains in the thicket as it is yet to escape the Fibonacci Golden Zone. For a confirmed continuation of the uptrend, the altcoin must record a candlestick close above the 38.2% Fibonacci retracement level of $0.003171.

Traders looking to long CORGIAI, therefore, should consider waiting for a stable candlestick close above the aforementioned level.

Until then, the CorgiAI price could be primed for a correction as CORGIAI is already massively overbought. This is evident based on the position of the Relative Strength Index (RSI) above the 70 threshold.

The 50% Fibonacci placeholder of $0.002773 also offers formidable resistance against the CorgiAI price. As shown on the CORGIAI/USD chart below, the price has been rejected near this level on two consecutive days. If the bulls can overcome this roadblock, it would encourage more buy orders.

GeckoTerminal: CORGIAI/USDT 1-day chart

However, if the 50% Fibonacci placeholder continues to hold as a resistance level at $0.002773, the CorgiAI price could face a rejection here. The ensuing seller momentum could send the price lower, possibly retesting the $78.6% Fibonacci retracement level at $0.001808.

However, if the dump extends below the $.001500 psychological level, the bullish thesis would be invalidated.

As the CorgiAI price soars, YouTuber Cilinix Crypto, with almost 60k subscribers, is recommending a new meme coin/AI hybrid WienerAI and says he bought it himself.

Promising Alternative To CorgiAI

WienerAI is a new ICO that aims to use its AI capabilities to emulate the success of sector titans such as DOGE and SHIB. Unlike these dog-themed tokens, WAI is part dog, part sausage, and part AI trading bot.

WienerAI is more than a trading bot

It's your AI trading companion!

More details coming SOON! pic.twitter.com/HG5C0tE6Rk

— WienerAI (@WienerDogAI) May 14, 2024

To improve its utility, WienerAI has recently added the most advanced beginner-friendly trading bot in crypto to its ecosystem. The bot has user-friendly AI-enhanced trading capabilities, seamless swap functionality, and zero fees.

REASONS 1-10:

AI TRADING BOT. WIENER DOGS.

That is all.

🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖 pic.twitter.com/DcnEkAZFbQ

— WienerAI (@WienerDogAI) May 21, 2024

The project has amassed a huge following, with its presale already soaring past $2.7 million in funds raised. This record of accomplishment comes on the back of its clever integration of two pf the hottest niches in the crypto sphere: meme coins and AI tokens.

'WienerAI' Raises Over $2 Million in Crypto Presale – Best Meme Coin to Buy Now? – ReadWritehttps://t.co/dfaBBHgflO

— WienerAI (@WienerDogAI) May 18, 2024

WienerAI is following in the footsteps of another canine meme coin and AI security token, Scotty the AI (SCOTTY). This project amassed more than $10 million in its recent presale and surged 4x after launch.

Token holders can also earn passively through the platform’s staking system, where $WAI can be staked for an impressive 373% annual percentage yield (APY).

According to 99Bitcoins