Key takeaways
Bitcoin has been underperforming in current weeks, down from the $31k degree it achieved final month. The world’s main cryptocurrency by market cap is struggling across the $29k area, and market consultants imagine it may dip decrease within the close to time period.
Shiba Memu has continued to set new information with its presale regardless of the bearish market situations.
BItcoin Stays Round $29k
The cryptocurrency market has been bearish because the begin of the month. The costs of most cryptocurrencies are buying and selling within the purple zone regardless of the optimistic efficiency recorded earlier this week.
Bitcoin has misplaced greater than 1% of its worth to date this week and is now buying and selling at $29,119 per coin. Ether, Dogecoin, Solana, XRP, and different main cryptocurrencies are all down by greater than 2% to date this week.
Regardless of the bearish development, Shiba Memu’s presale continues to set new information. The group has raised greater than $1.5 million to date, with greater than 52 million tokens bought.
What’s Shiba Memu?
Shiba Memu is an thrilling mission within the cryptocurrency house that seeks to mix the powers of blockchain know-how and synthetic intelligence. With the rise of AI, their purposes have turn out to be huge globally.
Shiba Memu is a mission that desires to leverage AI and blockchain to make it simpler for individuals and organisations to create content material and roll out advertising campaigns.
Of their whitepaper, the group defined that Shiba Memu may deal with the duty of quite a few advertising businesses. As an AI device, Shiba Memu is all the time lively and can work 24/7 to seek out the very best work occurring in inventive promoting, consuming it and producing higher content material advertising.
The concept to launch as a meme token has to do with the current reputation of meme initiatives within the cryptocurrency house. Throughout the house of two years, the market cap of meme cash grew from virtually $0 to $20 billion in 2022.
Nonetheless, what makes Shiba Memu completely different from different meme token initiatives is that it has a superb use case. Shiba Memu will be considered a self-sufficient advertising device powered by AI know-how.
Shiba Memu can be capable of create advertising methods, roll out PR schedules, and promote campaigns on related boards and social media platforms. In the intervening time, Shiba Memu is on the market on the Ethereum and BNBChain blockchains.
Shiba Memu’s presale hits $1.5M
Shiba Memu’s presale has been occurring excellently regardless of the bearish development available in the market. The presale has been round for roughly a month now, and the group has raised $1.5 million to date.
The Shiba Memu mission has bought over 52 million SHMU tokens to boost $1.5 million. The group intends to make use of the funds to develop a few of its services.
In keeping with their whitepaper, a lot of the funds generated within the presale could be directed in the direction of creating the Shiba Memu AI know-how. By leveraging AI know-how, Shiba Memu can present thrilling advertising providers to its customers.
The Shiba Memu platform would even have a robotastic dashboard, permitting customers to work together with the AI, present suggestions, make solutions, and ask questions.
Click here to seek out out extra about Shiba Memu’s presale occasion.
Shiba Memu value prediction
Predicting Shiba Memu’s value could be unimaginable in the intervening time because the SHMU token continues to be in its presale stage. In the intervening time, 1 SHMU = 0.017650 USDT.
In keeping with the group, SHMU’s value will increase day by day at 6 pm GMT. In a number of hours, the token will go for 0.017875 USDT.
SHMU started buying and selling at $0.011125 when the presale started and can commerce at $0.0244 when the presale ends. The SHMU token will be bought utilizing Ethereum, USDT, BNB and BUSD
Must you purchase Shiba Memu right now?
Shiba Memu may very well be a superb mission for traders to get into. The truth that it’s nonetheless in its early stage implies that it may generate spectacular ROI for traders within the medium to long run.
As a mission, Shiba Memu is combining AI and blockchain know-how, making it an attention-grabbing meme token. With the fitting degree of adoption, SHMU’s value may rally over the following few months and years.
Along with that, a Bull Run by the broader crypto market may see SHMU’s value additionally rally larger. To this point, Bitcoin and different main cryptocurrencies are up by over 40% year-to-date.
A mixture of wonderful adoption and a Bull Run by the broader crypto market may make SHMU among the finest performers available in the market over the approaching months.