Key takeaways
Bitcoin has been underperforming in current weeks, down from the $31k stage it achieved final month. The world’s main cryptocurrency by market cap is struggling across the $29k area, and market specialists imagine it might dip decrease within the close to time period.
Shiba Memu has continued to set new data with its presale regardless of the bearish market situations.
BItcoin Stays Round $29k
The cryptocurrency market has been bearish because the begin of the month. The costs of most cryptocurrencies are buying and selling within the purple zone regardless of the constructive efficiency recorded earlier this week.
Bitcoin has misplaced greater than 1% of its worth up to now this week and is now buying and selling at $29,119 per coin. Ether, Dogecoin, Solana, XRP, and different main cryptocurrencies are all down by greater than 2% up to now this week.
Regardless of the bearish pattern, Shiba Memu’s presale continues to set new data. The crew has raised greater than $1.5 million up to now, with greater than 52 million tokens offered.
What’s Shiba Memu?
Shiba Memu is an thrilling undertaking within the cryptocurrency area that seeks to mix the powers of blockchain know-how and synthetic intelligence. With the rise of AI, their purposes have develop into huge globally.
Shiba Memu is a undertaking that desires to leverage AI and blockchain to make it simpler for individuals and organisations to create content material and roll out advertising and marketing campaigns.
Of their whitepaper, the crew defined that Shiba Memu might deal with the duty of quite a few advertising and marketing companies. As an AI device, Shiba Memu is all the time lively and can work 24/7 to search out the most effective work occurring in inventive promoting, consuming it and producing higher content material advertising and marketing.
The thought to launch as a meme token has to do with the current reputation of meme initiatives within the cryptocurrency area. Throughout the area of two years, the market cap of meme cash grew from virtually $0 to $20 billion in 2022.
Nevertheless, what makes Shiba Memu completely different from different meme token initiatives is that it has a superb use case. Shiba Memu may be considered a self-sufficient advertising and marketing device powered by AI know-how.
Shiba Memu can be capable of create advertising and marketing methods, roll out PR schedules, and promote campaigns on related boards and social media platforms. In the intervening time, Shiba Memu is obtainable on the Ethereum and BNBChain blockchains.
Shiba Memu’s presale hits $1.5M
Shiba Memu’s presale has been occurring excellently regardless of the bearish pattern available in the market. The presale has been round for roughly a month now, and the crew has raised $1.5 million up to now.
The Shiba Memu undertaking has offered over 52 million SHMU tokens to boost $1.5 million. The crew intends to make use of the funds to develop a few of its services and products.
In keeping with their whitepaper, a lot of the funds generated within the presale could be directed in direction of growing the Shiba Memu AI know-how. By leveraging AI know-how, Shiba Memu can present thrilling advertising and marketing providers to its customers.
The Shiba Memu platform would even have a robotastic dashboard, permitting customers to work together with the AI, present suggestions, make solutions, and ask questions.
Click on right here to search out out extra about Shiba Memu’s presale occasion.
Shiba Memu value prediction
Predicting Shiba Memu’s value could be not possible in the meanwhile because the SHMU token remains to be in its presale stage. In the intervening time, 1 SHMU = 0.017650 USDT.
In keeping with the crew, SHMU’s value will increase day by day at 6 pm GMT. In a number of hours, the token will go for 0.017875 USDT.
SHMU started buying and selling at $0.011125 when the presale started and can commerce at $0.0244 when the presale ends. The SHMU token may be bought utilizing Ethereum, USDT, BNB and BUSD
Must you purchase Shiba Memu in the present day?
Shiba Memu could possibly be a superb undertaking for traders to get into. The truth that it’s nonetheless in its early stage signifies that it might generate spectacular ROI for traders within the medium to long run.
As a undertaking, Shiba Memu is combining AI and blockchain know-how, making it an fascinating meme token. With the fitting stage of adoption, SHMU’s value might rally over the following few months and years.
Along with that, a Bull Run by the broader crypto market might see SHMU’s value additionally rally larger. To date, Bitcoin and different main cryptocurrencies are up by over 40% year-to-date.
A mix of wonderful adoption and a Bull Run by the broader crypto market might make SHMU among the best performers available in the market over the approaching months.
