Key takeaways
The broader crypto market rallied over the past 24 hours, however Shiba Inu continues to underperform.
Shiba Memu’s stage two presale has now topped the $2.2 million mark.
The cryptocurrency market skilled a value money final week that noticed Bitcoin drop to the sub $25k degree. Since then, the market has been underperforming.
Nevertheless, the market barely recovered yesterday, with Bitcoin at the moment buying and selling simply round $26,500 per coin. Regardless of the market’s bearish development, Shiba Memu’s presale continues to progress excellently.
Shiba Inu stays round $0.000008
SHIB, the native token of the Shiba Inu ecosystem, has been one of many worst performers to this point this week. Whereas the crypto market rallied on Wednesday, SHIB continued its downward development.
SHIB has misplaced lower than 1% of its worth within the final 24 hours and is at the moment buying and selling at $0.00000827 per coin. The bearish development got here following Shiba Inu’s botched launch of Shibarium final week.
The group stated they might be reopening the Shibarium community to the general public quickly. If that occurs and there aren’t any points, SHIB may rally increased and attain the $0.000009 degree within the close to time period.
What’s Shiba Memu?
Shiba Memu is a cryptocurrency undertaking that’s at the moment in its presale stage. The undertaking needs to mix the powers of AI and blockchain expertise to positively affect the advertising and marketing business.
With Shiba Memu, it could develop into simpler for individuals and organisations to create content material and roll out advertising and marketing campaigns.
Based on their whitepaper, Shiba Memu can be designed to deal with the duties of a number of advertising and marketing businesses. Shiba Memu will at all times be energetic and shall be out there to eat content material and generate higher content material advertising and marketing methods and campaigns for firms.
Shiba Memu is launching as a meme token because of the current surge within the standing of meme tasks. Throughout the house of two years, the market cap of meme cash grew from virtually $0 in 2020 to $20 billion in 2022.
What makes Shiba Memu completely different from different meme tasks is that it has a real-world utility. Shiba Memu might be thought of a self-sufficient advertising and marketing software powered by AI expertise.
Shiba Memu’s stage two presale hits $2.2M
The current market turbulence didn’t have an effect on Shiba Memu as its stage two presale continues to hit new highs. The presale has been round for practically two months now, and the group has raised greater than $2.2 million within the second stage.
With greater than 70 million tokens offered, the second presale stage may very well be concluded within the coming days. The group intends to make use of the funds generated from the presale to develop a few of its services.
Many of the funds can be pushed in the direction of creating the Shiba Memu AI expertise. Shiba Memu will use AI expertise to supply thrilling advertising and marketing companies to its customers.
Shiba Memu customers may even have the ability to work together with the AI, present suggestions, make solutions, and ask questions. Therefore making it an thrilling AI-powered advertising and marketing platform.
Click on right here to search out out extra about Shiba Memu’s presale occasion.
Shiba Memu value prediction
Shiba Memu remains to be in its presale stage, and we are able to’t precisely predict its value motion within the quick time period. In the intervening time, 1 SHMU = 0.022375 USDT.
Based on the group, SHMU’s value will increase day-after-day at 6 pm GMT. In a couple of hours, the token will go for 0.022600 USDT. The token started buying and selling at $0.011125 when the presale started and can commerce at $0.0244 when the presale ends. Traders should purchase SHMU tokens utilizing Ethereum, USDT, BNB and BUSD
Must you purchase Shiba Memu now?
Investing in a undertaking throughout its presale is often the most effective choice because it means that you can get into tasks sooner than different traders. The ROI generated throughout that interval often exceeds what different traders make.
Shiba Memu is an thrilling undertaking that may use AI expertise and blockchain. If the undertaking beneficial properties the mandatory adoption, SHMU’s value may rally increased over the following few months and years.
The efficiency of the broader cryptocurrency market may additionally decide SHMU’s value. A bullish run within the medium time period may see SHMU’s value soar increased.
