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Will other meme coins follow suit?

November 19, 2023
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Key takeaways

Dogecoin is up by 10% over the past 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 up to now, 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 greatest 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 is perhaps warming up subsequent. DOGE outperforming the market may see different meme cash like Shiba Inu and PEPE comply with go well with. 

What’s Shiba Memu?

Shiba Memu is working to grow to be one of many main meme cash on this planet. It’s a Web3 undertaking that seeks to mix the options and capabilities of blockchain expertise and synthetic intelligence (AI) to vary how firms and people method digital advertising. 

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

Per the workforce, Shiba Memu will leverage AI to establish the perfect inventive 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 workforce 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 instances, Shiba Memu can be totally 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. Presently, the undertaking is obtainable on the Ethereum and BNBChain blockchains. 

Shiba Memu’s presale surpasses $4.5 million

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

A lot of the funds generated by way of the presale can be channelled in direction of the event of the Shiba Memu services. The Shiba Memu AI expertise is its most vital product and may 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 recommendations, ask questions, and extra.

Click on right here to seek 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 arduous to precisely predict Shiba Memu’s value within the close to time period for the reason that undertaking continues to be in its presale stage. Nevertheless, in the mean time,  1 SHMU = 0.041500 USDT. The token’s value will increase each day at 6 pm GMT and is about to commerce at 0.041725 USDT per token in a couple of hours. 

At first 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 will be bought utilizing Ethereum, USDT, BNB and BUSD

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

One of the best occasions to put money into a undertaking are throughout its presale or when there’s a market pullback. It is because it’s throughout these durations that tokens and cash are bought at low cost costs. 

Shiba Memu has the potential to grow to be one of many prime meme initiatives on this planet, due to its utility available in the market trade. By utilizing AI and blockchain applied sciences, Shiba Memu may supply large utilities to firms and people finishing up advertising campaigns. 

Huge adoption of Shiba Memu may see its SHMU token file wonderful positive factors as soon as it begins buying and selling on cryptocurrency exchanges. 

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