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Key takeaways

• Dogecoin is up by 10% over the past seven days, outperforming the broader market.

• Shiba Memu’s presale has formally crossed the $4.5 million mark.

The cryptocurrency market has had a poor week thus far, with Bitcoin and Ether each underperforming. However, DOGE has been probably the greatest performers over the previous few days. 

DOGE outperforms the market

DOGE, the native coin of the Dogecoin ecosystem, is likely one of the finest performers amongst the main cryptocurrencies by market cap. It is up by greater than 7% within the final 24 hours, outperforming the broader market.

Several altcoins have been rallying over the previous few weeks and meme coins could be warming up subsequent. DOGE outperforming the market might see other meme coins like Shiba Inu and PEPE follow go well with. 

What is Shiba Memu?

Shiba Memu is working to change into one of many main meme coins on the earth. It is a Web3 challenge that seeks to mix the options and features of blockchain expertise and synthetic intelligence (AI) to alter how corporations and people method digital advertising and marketing. 

Shiba Memu will supply a variety of providers to entrepreneurs throughout the Web3 ecosystem and past. Some of the providers it might supply embody content material creation, advertising and marketing, social media commercial, and inventive commercial. 

Per the staff, Shiba Memu will leverage AI to determine the very best inventive adverts and enhance on them to offer superior content material advertising and marketing providers to customers. 

The determination to launch as a meme token was as a result of the event staff sought to leverage the recognition of meme coins. Since 2021, meme coins noticed their market caps develop from virtually $0 to now stand at $35 billion.

While most meme coins lack use circumstances, Shiba Memu will likely be totally different. As a advertising and marketing meme coin, Shiba Memu will enable customers to create advertising and marketing methods, roll out PR schedules, and promote campaigns on related boards and social media platforms. Currently, the challenge is accessible on the Ethereum and BNBChain blockchains. 

Shiba Memu’s presale surpasses $4.5 million

The cryptocurrency market has had a superb begin to the month and this has mirrored within the costs of most coins and tokens. Shiba Memu has continued its wonderful presale efficiency, and the staff has now raised greater than $4.5 million.

Most of the funds generated by way of the presale could be channelled in the direction of the event of the Shiba Memu services. The Shiba Memu AI expertise is its most essential product and could have precedence over the others. 

The Shiba Memu advertising and marketing platform comes with a robotastic dashboard, permitting customers to work together with the AI, present suggestions, make solutions, ask questions, and extra.

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

Shiba Memu value prediction

Bitcoin and other main altcoins have been underperforming this week. However, DOGE stays probably the greatest performers amongst the highest 20 cryptocurrencies by market cap.

Despite the market efficiency, it’s laborious to precisely predict Shiba Memu’s value within the close to time period for the reason that challenge continues to be in its presale stage. However, in the mean time,  1 SHMU = 0.041500 USDT. The token’s value will increase day by day at 6 pm GMT and is ready to commerce at 0.041725 USDT per token in a couple of hours. 

At the beginning of the presale SHMU was buying and selling at $0.011125, and it has seen a outstanding improve in value since then. The SHMU token might be bought utilizing Ethereum, USDT, BNB and BUSD

Should you purchase Shiba Memu or wait until the launch on exchanges?

The finest instances to put money into a challenge are throughout its presale or when there’s a market pullback. This is as a result of it’s throughout these intervals that tokens and coins are bought at low cost costs. 

Shiba Memu has the potential to change into one of many prime meme tasks on the earth, due to its utility out there trade. By utilizing AI and blockchain applied sciences, Shiba Memu might supply huge utilities to corporations and people finishing up advertising and marketing campaigns. 

Massive adoption of Shiba Memu might see its SHMU token document wonderful positive factors as soon as it begins buying and selling on cryptocurrency exchanges.