AiDoge Presale Raised $9 Million, Another Doge to Moon?

Pathik Bhattacharya
Pathik Bhattacharya
Published on May 19, 2023 09:36 PM

Transactions will be rapid and fuel fees will be extremely cheap since $AI is created on the Arbitrum network, an Ethereum layer-2 scaling solution.

AiDoge Presale Raised $9 Million
Source: Twitter

Despite the fact that the presale for the viral artificial intelligence (AI) meme coin AiDoge just began a few weeks ago, fundraising efforts have recently surpassed the $9 million threshold.

AiDoge, which experts believe is at the crossroads of the meme and artificial intelligence worlds due to its novel AI-powered meme production tool, has been raising funding at a rate of roughly $500,000 per day over the last two weeks. 

Given that the presale for the AI meme cryptocurrency project has a hard ceiling of $14.9 million, it may only take another two weeks for the presale to be entirely sold out. That would indicate AiDoge sold out its $14.9 million presale in under a month, an incredible feat.

The token isn't listed on many exchanges but new listings are adding more core to the project. Investors are eyeing towards AiDoge as a new alternative to other futile memecoins.

AiDoge NFT Competition to Attract More Investors

AiDoge smartly entered the market when other players were trying to sell their tokens without making any base or utility. Most of the memecoins tumbled after surging to unbelievable numbers and were dumped the very next day. To lure more investors and to maintain the social connection, AiDoge started an NFT competition where participants have to create a Standing Dog image with any AI tool and post them on Twitter.

A review committee comprising NFT communities and notable persons working with AiDoge will assess eligible works. The submission period runs from May 17th through June 15th, 9:00 AM UTC. 

The NFT Royalty Distribution will be structured as follows: 

  • AI team creations totalled 9,500 pieces. 
    - 50% of royalties are paid to the AI team; 50% of royalties are paid to NFT holders.  
  • 500 items created by the community 
    - 50% of royalties are paid to creators; 50% are paid to NFT holders.

This move has created a chain reaction among the new as well as old NFT creators who wanted to grab this opportunity. Hence, social engagement is high and could lead to a further rise in Price.

AiDoge Price Analysis

AiDoge is now trading at $0.000000000275246, with a 24-hour trading volume of $18,767,603. This indicates a -0.35% decrease in the previous 24 hours and a 3.31% gain in the last seven days. ArbDoge AI has a market valuation of $47,780,317 and a circulating supply of 170 Quadrillion AIDOGE.

Looking at the AiDoge price chart, it appears that the token is trading at a rate that is precisely in sync with other memecoins. Trading volume has been soaring beyond the horizon, and things are looking up. The price action is forming an angled rising pattern, signalling a negative trend in the future. 

AiDoge price chart

Source: CoinGecko

About AiDoge

The AiDoge ecosystem allows users to invest $AI tokens to earn daily credit incentives and gain access to platform features. Staking is essential for platform stability and long-term engagement.

Within AiDoge, the public wall is a dynamic arena where users may browse and exchange AI-generated memes. The wall provides filtering and sorting tools, allowing users to search for memes based on factors such as popularity, recency, or specific themes.

AiDoge is a revolutionary meme production solution that combines powerful AI technology, user-friendly instructions, and a token-based credit system to revolutionise meme creation and foster a healthy crypto community.

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