Investors rush to Doggy AI, raising $101,000 in hours

Doggy AI raised over $101,000 within hours of launch, indicating it could be the next memecoin to explode, blending AI technology with the dog-themed memecoin narrative.

New crypto presale Doggy AI (DOGYAI) has raised over  $101,000 within hours of launch, indicating it could be the next memecoin to explode on the scene.

A highly anticipated token launch, DOGYAI plays to the potential of the powerful Ethereum chain and leverages the magnetic attractive power of the meme coin dog theme – seven of the top 10 meme coins have a doggie persona.

The juxtaposition of memes and AI places Doggy AI as a frontrunner in the crypto space, ensuring it remains at the cutting edge of the industry’s hottest narratives.

In a bid to drastically increase its fan base, the project ushers in generous staking rewards that will be paid out daily, helping holders grow their bags.

Hard cap not announced, but presale expected to sell out fast

The Doggy AI presale is expected to be a hot seller, having raised over $101k so far. No predetermined hard cap has been mentioned, but the project’s whitepaper says 30% of the token’s 69 billion total supply is earmarked for the presale.

Another 20% is allocated to staking rewards, 10% to community rewards, 10% to exchange liquidity, 20% to marketing activities, and 10% for the foundation to sustain and grow the project.

Indeed, its high-octane launch signals a bright future, but it also reflects a broader market phenomenon and revelation in crypto marketing strategy.

New tech packaged in memes is the future of crypto marketing

Calling on its Doggy army to help it become the top dog, Doggy AI extrapolates the forward-thinking approach of contemporary community management.

It appeases two crowds at once by packing new AI technology inside a jovial memecoin. While speaking to the risk-taking, thrill-seeking, degen trader bunch, Doggy AI also appeals to conservative but also profit-hungry and value-seeking traders.

Doggy AI is not the first to pull off this audacious stunt, with Corgi AI and Turbo both seeing tremendous success in the same domain recently. Corgi AI regularly trends on CoinMarketCap boasting over $500million market cap, while Turbo has surged over 9000%.

However, Doggy AI stands out from its predecessors in several ways. First, its playful name and branding capture the contrarian essence of memetic culture. Lastly, its staking rewards prime it for lasting success and help offset the volatility typical to memecoins.

Daily staking rewards and hype-induced mania

Doggy AI’s staking mechanism will draw a crowd, offering an astronomically high staking reward of approximately 315,360% P/A.

The staking supply will be released over two years, providing Doggy AI with a runway to become the “top dog” on the charts. That said, the big rewards are only available for early adopters, with the staggering staking reward quickly decreasing as the staking pool grows.

Indeed, this is already injecting a sense of FOMO into the project, but Doggy AI’s tiered presale pricing system exasperates the urgency. The price will incrementally increase throughout the campaign, providing early buyers with more value for money.

DOGYAI is currently trading at $0.000289, but the next uptick will occur in one day or when the total raise hits $714,285.71. Follow Doggy AI on X or join its Telegram to stay updated. To learn more, visit Doggy AI Presale.