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 worth 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 present 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 thus far 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 present buying and selling at $0.00000827 per coin. The bearish development got here following Shiba Inu’s botched launch of Shibarium final week.
The workforce mentioned they might be reopening the Shibarium community to the general public quickly. If that occurs and there are not 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 present in its presale stage. The undertaking desires to mix the powers of AI and blockchain expertise to positively affect the advertising and marketing business.
With Shiba Memu, it could change into simpler for folks and organisations to create content material and roll out advertising and marketing campaigns.
In line with their whitepaper, Shiba Memu can be designed to deal with the duties of a number of advertising and marketing companies. Shiba Memu will all the time be lively and will likely 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 due to the latest 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 will be thought-about a self-sufficient advertising and marketing instrument powered by AI expertise.
Shiba Memu’s stage two presale hits $2.2M
The latest 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 workforce has raised greater than $2.2 million within the second stage.
With greater than 70 million tokens bought, the second presale stage may very well be concluded within the coming days. The workforce intends to make use of the funds generated from the presale to develop a few of its services.
A lot of the funds can be pushed in direction of growing the Shiba Memu AI expertise. Shiba Memu will use AI expertise to offer thrilling advertising and marketing providers to its customers.
Shiba Memu customers will even be capable to work together with the AI, present suggestions, make recommendations, and ask questions. Therefore making it an thrilling AI-powered advertising and marketing platform.
Click here to seek out out extra about Shiba Memu’s presale occasion.
Shiba Memu worth prediction
Shiba Memu remains to be in its presale stage, and we are able to’t precisely predict its worth motion within the brief time period. In the intervening time, 1 SHMU = 0.022375 USDT.
In line with the workforce, SHMU’s worth will increase day-after-day at 6 pm GMT. In just a few 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. Buyers should buy SHMU tokens utilizing Ethereum, USDT, BNB and BUSD
Do you have to purchase Shiba Memu now?
Investing in a undertaking throughout its presale is often the perfect resolution because it permits you to get into tasks sooner than different buyers. The ROI generated throughout that interval often exceeds what different buyers make.
Shiba Memu is an thrilling undertaking that may use AI expertise and blockchain. If the undertaking positive aspects the required adoption, SHMU’s worth may rally increased over the subsequent few months and years.
The efficiency of the broader cryptocurrency market may additionally decide SHMU’s worth. A bullish run within the medium time period may see SHMU’s worth soar increased.
