Key takeaways
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The broader crypto market rallied during the last 24 hours, however Shiba Inu continues to underperform.
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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 stage. Since then, the market has been underperforming.
Nevertheless, the market barely recovered yesterday, with Bitcoin at present 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 to this point 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 at present buying and selling at $0.00000827 per coin. The bearish pattern got here following Shiba Inu’s botched launch of Shibarium final week.
The group mentioned they might be reopening the Shibarium community to the general public quickly. If that occurs and there are not any points, SHIB might rally increased and attain the $0.000009 stage within the close to time period.
What’s Shiba Memu?
Shiba Memu is a cryptocurrency venture that’s at present in its presale stage. The venture needs to mix the powers of AI and blockchain know-how to positively impression the advertising and marketing business.
With Shiba Memu, it will change into simpler for folks and organisations to create content material and roll out advertising and marketing campaigns.
In accordance with their whitepaper, Shiba Memu can be designed to deal with the duties of a number of advertising and marketing businesses. Shiba Memu will at all times be energetic and will probably be out there to devour content material and generate higher content material advertising and marketing methods and campaigns for corporations.
Shiba Memu is launching as a meme token because of the latest surge within the standing of meme initiatives. Throughout 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-about a self-sufficient advertising and marketing software 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 almost two months now, and the group has raised greater than $2.2 million within the second stage.
With greater than 70 million tokens bought, the second presale stage could possibly be concluded within the coming days. The group intends to make use of the funds generated from the presale to develop a few of its services and products.
A lot of the funds can be pushed in the direction of creating the Shiba Memu AI know-how. Shiba Memu will use AI know-how to offer thrilling advertising and marketing companies to its customers.
Shiba Memu customers can even have the ability to work together with the AI, present suggestions, make strategies, and ask questions. Therefore making it an thrilling AI-powered advertising and marketing platform.
Click on right here to seek out out extra about Shiba Memu’s presale occasion.
Shiba Memu value prediction
Shiba Memu continues 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 group, SHMU’s value will increase every single day at 6 pm GMT. In a couple of 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
Must you purchase Shiba Memu now?
Investing in a venture throughout its presale is often one of the best resolution because it lets you get into initiatives sooner than different traders. The ROI generated throughout that interval often exceeds what different traders make.
Shiba Memu is an thrilling venture that can use AI know-how and blockchain. If the venture positive factors the mandatory adoption, SHMU’s value might rally increased over the following 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 increased.
