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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 consider 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 Around $29k

The cryptocurrency market has been bearish because the begin of the month. The costs of most cryptocurrencies are buying and selling within the crimson zone regardless of the constructive efficiency recorded earlier this week.

Bitcoin has misplaced greater than 1% of its worth to date 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% to date this week. 

Despite the bearish development, Shiba Memu’s presale continues to set new data. The group has raised greater than $1.5 million to date, with greater than 52 million tokens offered. 

What is 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 wishes to leverage AI and blockchain to make it simpler for folks and organisations to create content material and roll out advertising and marketing campaigns. 

In their whitepaper, the group defined that Shiba Memu might deal with the duty of quite a few advertising and marketing businesses. As an AI software, Shiba Memu is all the time lively and can work 24/7 to search out one of the best work occurring in artistic promoting, consuming it and producing higher content material advertising and marketing. 

The concept to launch as a meme token has to do with the current reputation of meme tasks within the cryptocurrency area. Within the area of two years, the market cap of meme cash grew from virtually $0 to $20 billion in 2022. 

However, what makes Shiba Memu completely different from different meme token tasks is that it has a superb use case. Shiba Memu will be regarded as a self-sufficient advertising and marketing software powered by AI know-how.

Shiba Memu can have the ability to create advertising and marketing methods, roll out PR schedules, and promote campaigns on related boards and social media platforms. At the second, Shiba Memu is on the market 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 development out there. The presale has been round for roughly a month now, and the group has raised $1.5 million to date. 

The Shiba Memu undertaking has offered over 52 million SHMU tokens to boost $1.5 million. The group intends to make use of the funds to develop a few of its services. 

According to their whitepaper, a lot of the funds generated within the presale could be directed in the direction of creating the Shiba Memu AI know-how. By leveraging AI know-how, Shiba Memu can present thrilling advertising and marketing companies to its customers. 

The Shiba Memu platform would even have a robotastic dashboard, permitting customers to work together with the AI, present suggestions, make strategies, and ask questions.

Click here to search out out extra about Shiba Memu’s presale occasion.

Shiba Memu price prediction

Predicting Shiba Memu’s price could be not possible in the mean time because the SHMU token continues to be in its presale stage. At the second, 1 SHMU = 0.017650 USDT. 

According to the group, SHMU’s price will increase each day at 6 pm GMT. In just a few 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 will be bought utilizing Ethereum, USDT, BNB and BUSD

Should you purchase Shiba Memu right this moment?

Shiba Memu might be a superb undertaking for traders to get into. The incontrovertible fact 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 price might rally over the following few months and years. 

In addition to that, a Bull Run by the broader crypto market might see SHMU’s price additionally rally larger. So far, Bitcoin and different main cryptocurrencies are up by over 40% year-to-date. 

A mixture of fantastic adoption and a Bull Run by the broader crypto market might make SHMU top-of-the-line performers out there over the approaching months.