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Key takeaways

• The broader crypto market rallied over the past 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 price money final week that noticed Bitcoin drop to the sub $25k degree. Since then, the market has been underperforming.

However, the market barely recovered yesterday, with Bitcoin presently buying and selling simply round $26,500 per coin. Despite the market’s bearish development, 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. While the crypto market rallied on Wednesday, SHIB continued its downward development.

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 development got here following Shiba Inu’s botched launch of Shibarium final week. 

The workforce mentioned they might be reopening the Shibarium community to the general public quickly. If that occurs and there are not any points, SHIB may rally larger and attain the $0.000009 degree within the close to time period. 

What is Shiba Memu?

Shiba Memu is a cryptocurrency challenge that’s presently in its presale stage. The challenge needs to mix the powers of AI and blockchain know-how to positively influence the advertising and marketing trade. 

With Shiba Memu, it might turn into simpler for folks and organisations to create content material and roll out advertising and marketing campaigns. 

According to 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 likely be obtainable to devour content material and generate higher content material advertising and marketing methods and campaigns for firms. 

Shiba Memu is launching as a meme token because of the latest surge within the standing of meme tasks. Within 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 totally different from different meme tasks is that it has a real-world utility. Shiba Memu could be thought of 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 workforce has raised greater than $2.2 million within the second stage. 

With greater than 70 million tokens offered, 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. 

Most of the funds can be pushed in direction of growing the Shiba Memu AI know-how. Shiba Memu will use AI know-how to offer thrilling advertising and marketing providers to its customers. 

Shiba Memu customers will even be capable of work together with the AI, present suggestions, make options, and ask questions. Hence making it an thrilling AI-powered advertising and marketing platform. 

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

Shiba Memu price prediction

Shiba Memu continues to be in its presale stage, and we will’t precisely predict its price motion within the quick time period. At the second, 1 SHMU = 0.022375 USDT.

According to the workforce, SHMU’s price will increase daily 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. Investors should buy SHMU tokens utilizing Ethereum, USDT, BNB and BUSD

Should you purchase Shiba Memu now?

Investing in a challenge throughout its presale is normally the most effective choice as it permits you to get into tasks sooner than different traders. The ROI generated throughout that interval normally exceeds what different traders make. 

Shiba Memu is an thrilling challenge that may use AI know-how and blockchain. If the challenge features the required adoption, SHMU’s price may rally larger over the following few months and years. 

The efficiency of the broader cryptocurrency market may additionally decide SHMU’s price. A bullish run within the medium time period may see SHMU’s price soar larger.