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.
Nevertheless, the market barely recovered yesterday, with Bitcoin presently buying and selling simply round $26,500 per coin. Regardless of the market’s bearish pattern, 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 pattern.
SHIB has misplaced lower than 1% of its worth within the final 24 hours and is presently buying and selling at $0.00000827 per coin. The bearish pattern got here following Shiba Inu’s botched launch of Shibarium final week.
The workforce stated they’d be reopening the Shibarium community to the general public quickly. If that occurs and there are not any points, SHIB might rally greater and attain the $0.000009 degree within the close to time period.
What’s Shiba Memu?
Shiba Memu is a cryptocurrency challenge that’s presently in its presale stage. The challenge desires to mix the powers of AI and blockchain know-how to positively impression the advertising trade.
With Shiba Memu, it will develop into simpler for individuals and organisations to create content material and roll out advertising campaigns.
In keeping with their whitepaper, Shiba Memu could be designed to deal with the duties of a number of advertising companies. Shiba Memu will all the time be energetic and can be obtainable to eat content material and generate higher content material advertising methods and campaigns for firms.
Shiba Memu is launching as a meme token because of the latest surge within the standing of meme initiatives. Inside 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 totally different from different meme initiatives is that it has a real-world utility. Shiba Memu could be thought-about a self-sufficient advertising device powered by AI know-how.
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 could be pushed in direction of growing the Shiba Memu AI know-how. Shiba Memu will use AI know-how to offer thrilling advertising companies to its customers.
Shiba Memu customers may also be capable of work together with the AI, present suggestions, make strategies, and ask questions. Therefore making it an thrilling AI-powered advertising 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 will’t precisely predict its value motion within the brief time period. In the mean time, 1 SHMU = 0.022375 USDT.
In keeping with the workforce, SHMU’s value 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 can buy SHMU tokens utilizing Ethereum, USDT, BNB and BUSD
Must you purchase Shiba Memu now?
Investing in a challenge throughout its presale is often the very best determination because it permits you to get into initiatives sooner than different traders. The ROI generated throughout that interval often exceeds what different traders make.
Shiba Memu is an thrilling challenge that can use AI know-how and blockchain. If the challenge beneficial properties the mandatory adoption, SHMU’s value might rally greater over the subsequent few months and years.
The efficiency of the broader cryptocurrency market might additionally decide SHMU’s value. A bullish run within the medium time period might see SHMU’s value soar greater.
