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Key takeaways

• Dogecoin has been underperforming in latest days and dangers dropping under the $0.060 stage within the close to time period.

• Shiba Memu’s presale continues to achieve new highs and just lately crossed the $2.6 million area.

DOGE, the native coin of the Dogecoin ecosystem, has been one of many worst performers over the previous seven days. It has misplaced greater than 4% of its worth in latest days, with Bitcoin additionally struggling under $26k.

However, the market’s poor efficiency hasn’t halted Shiba Memu’s ongoing presale from hitting new highs. 

DOGE may drop under $0.060 quickly

DOGE is likely one of the worst performers amongst the highest 10 cryptocurrencies by market cap over the previous seven days. The main meme coin has misplaced greater than 5% of its worth throughout that interval. At press time, the price of Dogecoin stands at $0.06027.

If the bearish development continues, DOGE may drop under the $0.060 mark. The poor efficiency comes as the broader crypto market undergoes a correction. The complete cryptocurrency market cap stands simply above the $1 trillion mark.

What is Shiba Memu?

Despite the bearish sentiment within the broader crypto market, Shiba Memu continues to set new data with its presale. Shiba Memu is an thrilling Web3 undertaking which goals to mix the powers of blockchain know-how and synthetic intelligence. With the rise of AI, their purposes have turn into huge globally. 

Shiba Memu is a Web3 undertaking that seeks to make the most of the powers of AI and blockchain know-how to make advertising and marketing campaigns simpler for people and entities. 

According to their whitepaper, Shiba Memu is designed to deal with numerous advertising and marketing duties, together with content material creation, advertising and marketing, social media commercial, and artistic commercial. 

As an AI software program, Shiba Memu will all the time be energetic and can work 24/7 to search out the very best work happening in inventive promoting, consuming it and producing higher content material advertising and marketing. 

Shiba Memu is launching as a meme token due to the latest reputation of meme cash within the crypto house. Within two years, meme cash noticed their market caps develop from virtually $0 to $20 billion in 2022. 

Shiba Memu is completely different from the opposite meme token tasks as a result of it has real-world use instances. With Shiba Memu, customers can create advertising and marketing methods, roll out PR schedules, and promote campaigns on related boards and social media platforms. 

The undertaking is being deployed on the Ethereum and BNBChain blockchains. 

Shiba Memu’s presale hits $2.6M

The bearish sentiment out there hasn’t negatively affected the continuing Shiba Memu presale. So far the presale has been happening for greater than two months now, and the crew has raised greater than $2.6 million. 

The funds generated from the Shiba Memu presale could be directed in the direction of growing a few of their services. Most of the funds could be directed in the direction of growing the Shiba Memu AI know-how. 

According to their whitepaper, the Shiba Memu platform would even have a robotastic dashboard, making it attainable for customers to work together with the AI, present suggestions, make recommendations, and ask questions.

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

Shiba Memu price prediction

It is nearly inconceivable to foretell Shiba Memu’s medium-term price in the mean time for the reason that HMU token remains to be in its presale stage. At the second, 1 SHMU =0.026425 USDT

According to the crew, SHMU’s price will increase on daily basis at 6 pm GMT. In just a few hours, the token will go for 0.026650 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 could be bought utilizing Ethereum, USDT, BNB and BUSD

Should you purchase Shiba Memu now?

Shiba Memu has the options to be an thrilling Web3 undertaking. Its mixture of AI and blockchain know-how may show helpful to advertising and marketing companies. The undeniable fact that Shiba Memu remains to be in its early phases might be a bonus to traders. 

If the undertaking positive aspects the correct stage of adoption, SHMU’s price may rally over the subsequent few months and years. Furthermore, a rally by the broader crypto market may additionally see SHMU’s price expertise a serious increase within the coming months.