Key takeaways
Bitcoin has dropped beneath the $29k degree, presenting a shopping for alternative for some buyers.
Shiba Memu’s presale has now surpassed the $2 million mark.
The cryptocurrency market has been bearish this week, with the costs of most cryptocurrencies presently within the crimson zone.
Bitcoin, Ether, XRP, and SHIB have all misplaced greater than 2% of their values this week and will expertise additional downward motion within the brief time period.
Bitcoin drops beneath $29k degree
Bitcoin has dropped beneath the $29k degree because the cryptocurrency market recorded big losses during the last 24 hours. At press time, the worth of Bitcoin stands at $28,479 per coin.
The opposite main cryptocurrencies together with ETH, SOL, SHIB, and XRP all recorded large losses over the previous few days. The decline in costs might function a possibility for buyers to buy extra cryptocurrencies.
Regardless of the bearish sentiment out there, Shiba Memu’s presale has hit a brand new milestone. The crew has now raised greater than $2 million on this presale spherical.
What’s Shiba Memu?
Shiba Memu is a cryptocurrency venture that seeks to make it simpler for folks and organisations to hold out advertising and marketing campaigns. Though it’s a meme coin, Shiba Memu has real-world use instances and provides worth to the customers.
It’s nonetheless in its presale stage however Shiba Memu holds promise, with buyers already pledging hundreds of thousands of {dollars} to the venture’s growth.
To this point, the Shiba Memu stage two presale has raised greater than $2 million, with over 65 million SHMU tokens offered up to now.
Of their whitepaper, the Shiba Memu crew mentioned the venture combines AI and blockchain expertise to develop an unstoppable, solely self-sufficient advertising and marketing powerhouse.
Shiba Memu can execute the work of 100 advertising and marketing companies because of the way it leverages AI. As an AI-based platform, Shiba Memu will present customers with operational transparency because of its use of blockchain expertise.
If deployed, Shiba Memu will work 24/7 to determine very best inventive eventualities and work around the clock to develop glorious advertising and marketing campaigns.
The venture was launched as a meme coin because the crew determined to benefit from the current recognition of meme tokens. Meme cash have turn into necessary within the crypto ecosystem, rising from a market cap of $0 in 2019 to $20 billion in 2022.
With Shiba Memu, the platform has self-sufficient advertising and marketing capabilities powered by AI expertise. When deployed, Shiba Memu will develop its personal advertising and marketing methods, write its personal PR, and promote itself in related boards and varied social media platforms.
Presently, Shiba Memu operates on BNBChain and Ethereum, two of the main DeFi blockchains on the earth.
Shiba Memu’s presale hits $2 million
The cryptocurrency market has been bearish in current weeks however that hasn’t deterred buyers from investing in tasks.
Shiba Memu’s stage two presale lately hit an necessary milestone. The crew has raised greater than $2 million on this present presale spherical and will attain its goal very quickly.
Shiba Memu has been attracting curiosity from buyers regardless of the present market situations. Funds generated from the varied presale rounds could be diverted in direction of creating the Shiba Memu merchandise. The crew will use many of the funds to develop the Shiba Memu AI expertise.
Click on right here to search out out extra about Shiba Memu’s presale occasion.
Must you spend money on Shiba Memu at this time?
The cryptocurrency market has underperformed this week, with the costs of most cash within the crimson zone. The current bearish pattern might function a possibility for buyers to purchase extra cryptocurrencies.
As buyers proceed to search for worthwhile tasks, Shiba Memu might be one to contemplate. By combining the facility of blockchain expertise and AI, Shiba Memu might become a singular venture. The platform will look to ease advertising and marketing methods for corporations and organisations.
With the precise degree of adoption, its native SHMU token might rally increased over the approaching months and years.
