Key takeaways
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Shiba Memu has generated more than $200k in its presale stage.
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The team increases SHMU’s price daily, with the presale event set to last for eight weeks.
Bitcoin has maintained its value around the $30k level for the last two weeks. In addition to Bitcoin, other leading cryptocurrencies have performed well during that period.
The positive performance saw the total cryptocurrency market cap reach the $1.2 trillion mark for the first time this year.
Shiba Memu is currently in its presale stage and has raised more than $200k so far. The development team increases the token price daily, and it could rally higher once the token gets listed on cryptocurrency exchanges.
What is Shiba Memu?
Shiba Memu is a cryptocurrency token combining AI and blockchain technology to create an unstoppable, entirely self-sufficient marketing powerhouse.
The team claims that Shiba Memu can do the work of 100 marketing agencies. Unlike marketing agencies, Shiba Memu is always active. It is working all the time, finding the best work going on in creative advertising, eating it up and spitting it back out, but better.
The meme coin industry has experienced massive growth over the past three years. In 2020, meme coins were practically unknown in the crypto ecosystem but grew to a market cap of over $20 billion in 2022.
Shiba Memu seeks to be a leading meme coin and intends to achieve this, thanks to its utility. According to their whitepaper, Shiba Memu has self-sufficient marketing capabilities powered by AI technology, making it a unique and attractive investment.
The team pointed out that Shiba Memu will create its own marketing strategies, write its own PR, and promote itself in relevant forums and social networks.
Shiba Memu combines the powers of AI and blockchain technology, making it different from the plethora of meme coins currently available in the cryptocurrency market.
At the moment, Shiba Memu operates on Ethereum and BNB Chain, the two leading DeFi blockchains in the cryptocurrency space.
Shiba Memu’s presale tops $215k
Shiba Memu is already gaining traction in the cryptocurrency space. The project’s presale is already on, and the team has raised $215,000 so far. Shiba Memu will use the proceeds from the presale to develop some of its products.
According to the team, most of the funds would be used to develop Shiba Memu’s AI technology. In its whitepaper, the team explained that Shiba Memu’s AI technology lets it engage with users directly. There will be a robotastic dashboard to interact with the AI, provide feedback, make suggestions, and ask questions.
Click here to find out more about Shiba Memu’s presale event.
Shiba Memu price prediction
At the moment, it is impossible to accurately predict Shiba Memu’s price since the meme token is still in its presale stage. At the moment, 1 SHMU = 0.011575 USDT.
However, the development team revealed that a major difference between this project and others is that Shiba Memu’s price increases every day at 6 pm GMT.
SHMU is set to trade at 0.011800 USDT tomorrow. The amount it increases varies, but it will over double in price throughout, with the presale starting at $0.011125 and ending at $0.0244. Users can purchase the SHMU token using Ethereum, USDT, BNB and BUSD
Should you invest in Shiba Memu today?
The decision to invest in a token depends on the investor. However, Shiba Memu could be an interesting cryptocurrency project.
Combining AI and blockchain technology to ease marketing strategies for companies and organisations, Shiba Memu is one of the meme tokens with excellent use cases.
SHMU, the native token of the Shiba Memu ecosystem, could record massive gains in the medium to long term if the team delivers on its products.
Furthermore, Shiba Memu could benefit from a market rally. The crypto market has been bullish since the start of the year, with the prices of most coins and tokens up by more than 40% during that period.
If the fundamentals of the market continue to improve, SHMU could record excellent growth once it starts trading on cryptocurrency exchanges.
The post Shiba Memu price prediction as presale rakes in over $215k appeared first on CoinJournal.
