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Key takeaways
The broader crypto market rallied during the last 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 worth money final week that noticed Bitcoin drop to the sub $25k degree. Since then, the market has been underperforming.
Nevertheless, the market barely recovered yesterday, with Bitcoin presently buying and selling simply round $26,500 per coin. Regardless of 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 thus far this week. Whereas 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 crew stated they’d be reopening the Shibarium community to the general public quickly. If that occurs and there aren’t any points, SHIB might rally larger and attain the $0.000009 degree within the close to time period.
What’s Shiba Memu?
Shiba Memu is a cryptocurrency venture that’s presently in its presale stage. The venture needs to mix the powers of AI and blockchain expertise to positively affect the advertising business.
With Shiba Memu, it could change into simpler for individuals and organisations to create content material and roll out advertising campaigns.
In keeping with their whitepaper, Shiba Memu could be designed to deal with the duties of a number of advertising companies. Shiba Memu will at all times be lively and will likely be obtainable to eat content material and generate higher content material advertising methods and campaigns for firms.
Shiba Memu is launching as a meme token because of the latest surge within the standing of meme tasks. 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 totally different from different meme tasks is that it has a real-world utility. Shiba Memu will be thought-about a self-sufficient advertising software powered by AI expertise.
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 practically two months now, and the crew has raised greater than $2.2 million within the second stage.
With greater than 70 million tokens offered, the second presale stage could possibly be concluded within the coming days. The crew intends to make use of the funds generated from the presale to develop a few of its services and products.
Many of the funds could be pushed in direction of growing the Shiba Memu AI expertise. Shiba Memu will use AI expertise to offer thrilling advertising providers to its customers.
Shiba Memu customers may even be capable to work together with the AI, present suggestions, make options, and ask questions. Therefore making it an thrilling AI-powered advertising platform.
Click on right here to search out out extra about Shiba Memu’s presale occasion.
Shiba Memu worth prediction
Shiba Memu remains to be in its presale stage, and we will’t precisely predict its worth motion within the brief time period. In the meanwhile, 1 SHMU = 0.022375 USDT.
In keeping with the crew, SHMU’s worth will increase every single day at 6 pm GMT. In a number 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. Traders 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 the perfect choice because it lets you get into tasks sooner than different buyers. The ROI generated throughout that interval often exceeds what different buyers make.
Shiba Memu is an thrilling venture that may use AI expertise and blockchain. If the venture beneficial properties the mandatory adoption, SHMU’s worth might rally larger over the following few months and years.
The efficiency of the broader cryptocurrency market might additionally decide SHMU’s worth. A bullish run within the medium time period might see SHMU’s worth soar larger.
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