Meme AI (MEMEAI) Coin Price Shoots 168% With Strong Trading Volumes

Amid the ongoing meme coin mania, the Meme AI (MEMEAI) coin has taken charge registering a staggering 168% gain in the last 24 hours. As of press time, the Meme AI coin is trading at a price of $0.005314 with a market cap of $3.86 million. However, it is still trading at a 50% discount from its all-time high level of $0.012 attained last month on February 17.

More About the Meme AI Coin

In response to the growing influence of memes, a new platform called MEME AI has emerged, inviting users to unleash their creativity and take their meme-making skills to the next level.

Inspired by Elon Musk’s recent acknowledgment of memes’ impact, MEME AI offers an innovative solution that combines artificial intelligence (AI) with meme creation. The platform features an AI meme generator alongside an NFT marketplace, providing users with the tools to craft humorous and engaging memes while exploring the world of non-fungible tokens (NFTs).

MEME AI COIN transcends the realm of a traditional meme generator; it represents a fusion of technology and comedy, where algorithms learn and interact with human nuances. By leveraging MEME AI, users can delve into a unique and entertaining experience that seamlessly blends technological innovation with humor.

The Meme AI coin has recently given a strong breakout and is exactly standing at a resistance of $0.0056. Also. the daily trading volumes for MEMEAI have surged by a staggering 1000% to nearly 46 million marking strong trading interest, as per data on CoinMarketCap.

AI-based Meme coins Take Center Stage

Meme coins have been the hot topic recently with Dogecoin (DOGE), Shiba Inu (SHIB), BONK, PEPE and others giving mega rallies last week. However, as the top-tier meme coins enter some consolidation phase, AI-based meme coins take center stage as of now.

The Meme AI coin is leading the rally in this space as of now. A project currently rivaling Meme AI’s popularity is Sponge V2. As its name implies, Sponge V2 is the upgraded iteration of a project named Sponge, which initially debuted in 2023.

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Bhushan Akolkar

Bhushan is a seasoned crypto writer with over eight years of experience spanning more than 10,000 contributions across multiple platforms like CoinGape, CoinSpeaker, Bitcoinist, Crypto News Flash, and others. Being a Fintech enthusiast, he loves reporting across Crypto, Blockchain, DeFi, Global Macros with a keen understanding in financial markets. 

He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills. Bhushan has a bachelors degree in electronics engineering, however, his interest in finance and economics drives him to crypto and blockchain.