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Will other meme coins follow suit?

November 19, 2023
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Key takeaways

Dogecoin is up by 10% during the last seven days, outperforming the broader market.

Shiba Memu’s presale has formally crossed the $4.5 million mark.

The cryptocurrency market has had a poor week to date, with Bitcoin and Ether each underperforming. Nevertheless, DOGE has been probably the greatest performers over the previous few days. 

DOGE outperforms the market

DOGE, the native coin of the Dogecoin ecosystem, is without doubt one of the finest performers amongst the main cryptocurrencies by market cap. It’s up by greater than 7% within the final 24 hours, outperforming the broader market.

A number of altcoins have been rallying over the previous few weeks and meme cash may be warming up subsequent. DOGE outperforming the market might see different meme cash like Shiba Inu and PEPE comply with swimsuit. 

What’s Shiba Memu?

Shiba Memu is working to grow to be one of many main meme cash on the earth. It’s a Web3 venture that seeks to mix the options and features of blockchain expertise and synthetic intelligence (AI) to alter how corporations and people method digital advertising. 

Shiba Memu will provide a variety of companies to entrepreneurs inside the Web3 ecosystem and past. Among the companies it might provide embody content material creation, advertising, social media commercial, and inventive commercial. 

Per the staff, Shiba Memu will leverage AI to establish one of the best artistic adverts and enhance on them to offer superior content material advertising companies to customers. 

The choice to launch as a meme token was as a result of the event staff sought to leverage the recognition of meme cash. Since 2021, meme cash noticed their market caps develop from virtually $0 to now stand at $35 billion.

Whereas most meme cash lack use circumstances, Shiba Memu will likely be completely different. As a advertising meme coin, Shiba Memu will permit customers to create advertising methods, roll out PR schedules, and promote campaigns on related boards and social media platforms. At the moment, the venture is accessible on the Ethereum and BNBChain blockchains. 

Shiba Memu’s presale surpasses $4.5 million

The cryptocurrency market has had a wonderful begin to the month and this has mirrored within the costs of most cash and tokens. Shiba Memu has continued its glorious presale efficiency, and the staff has now raised greater than $4.5 million.

A lot of the funds generated through the presale can be channelled in direction of the event of the Shiba Memu services and products. The Shiba Memu AI expertise is its most necessary product and could have precedence over the others. 

The Shiba Memu advertising platform comes with a robotastic dashboard, permitting customers to work together with the AI, present suggestions, make options, ask questions, and extra.

Click on right here to search out out extra about Shiba Memu’s presale occasion.

Shiba Memu value prediction

Bitcoin and different main altcoins have been underperforming this week. Nevertheless, DOGE stays probably the greatest performers amongst the highest 20 cryptocurrencies by market cap.

Regardless of the market efficiency, it’s onerous to precisely predict Shiba Memu’s value within the close to time period for the reason that venture remains to be in its presale stage. Nevertheless, in the meanwhile,  1 SHMU = 0.041500 USDT. The token’s value will increase each day at 6 pm GMT and is ready to commerce at 0.041725 USDT per token in a couple of hours. 

Initially of the presale SHMU was buying and selling at $0.011125, and it has seen a exceptional improve in value since then. The SHMU token may be bought utilizing Ethereum, USDT, BNB and BUSD

Do you have to purchase Shiba Memu or wait until the launch on exchanges?

The perfect occasions to put money into a venture are throughout its presale or when there’s a market pullback. It’s because it’s throughout these intervals that tokens and cash are offered at low cost costs. 

Shiba Memu has the potential to grow to be one of many high meme initiatives on the earth, due to its utility out there business. Through the use of AI and blockchain applied sciences, Shiba Memu might provide huge utilities to corporations and people finishing up advertising campaigns. 

Large adoption of Shiba Memu might see its SHMU token document glorious features as soon as it begins buying and selling on cryptocurrency exchanges. 

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