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Pepe and Bonk Prices Decline Amidst WienerAI's $5.5 Million Raise

Today, Pepe and Bonk have struggled despite the overall stability in the cryptocurrency market. Pepe is currently down 3%, while Bonk has seen a decline of 6%. Meanwhile, the new AI-memecoin hybrid, WienerAI, has gained momentum, raising a total of $5.5 million.Meme coins faced persistent selling pressure today, extending the bearish trend of this week. After a strong month, Pepe has shown significant weakness, dropping 3.3% today and 14% over the week. Pepe is currently trading at $0.0000126 with a market cap of $5.2 billion and a 24-hour trading volume of $1.2 billion. Analysts are optimistic about Pepe's higher-time-frame trend despite recent sell-offs, anticipating a potential 50% bullish breakout soon. Prominent commentator Vegeta suggests Pepe is consolidating but hints at an imminent breakout based on his analysis.Similarly, Bonk has faced challenges recently, currently priced at $0.00002715, down 6.1% today and 18% this week. Bonk holds a market cap of $1.8 billion with a 24-hour trading volume of $376 million. Analysts, such as WebTrend Analytics, remain bullish on Bonk's longer-term outlook despite current bearish momentum, highlighting a macro bullish trend on the BONK 3-day chart using EZTREND, indicating a potential uptrend continuation for the Solana-based memecoin.