Key takeaways
The broader crypto market rallied during the last 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.
Nonetheless, 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 to date 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 staff mentioned they’d be reopening the Shibarium community to the general public quickly. If that occurs and there aren’t any points, SHIB may rally larger 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 might develop into simpler for folks and organisations to create content material and roll out advertising and marketing campaigns.
In accordance with their whitepaper, Shiba Memu could be designed to deal with the duties of a number of advertising and marketing companies. Shiba Memu will all the time be lively and might be obtainable to devour 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 current surge within the standing of meme initiatives. Inside the area 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 initiatives is that it has a real-world utility. Shiba Memu will be thought of a self-sufficient advertising and marketing instrument 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 staff 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 staff intends to make use of the funds generated from the presale to develop a few of its services.
Many of the funds could be pushed in direction of growing 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 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 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 brief time period. In the mean time, 1 SHMU = 0.022375 USDT.
In accordance with the staff, SHMU’s value will increase on daily basis 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 purchase 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 most effective resolution because it means that you can get into initiatives 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 factors the required adoption, SHMU’s value may rally larger 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 larger.
