Key points
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The Shiba Memu presale generated more than $1.2 million in its first month.
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SHMU’s price increases daily during an eight-week presale period.
The cryptocurrency market underperformed this week. Bitcoin lost more than 2% over the past seven days and is trading below $30,000. At the time of writing, the price of Bitcoin is $29,212.
Despite weak market conditions, the Shiba Memu presale reached a new milestone, surpassing $1 million in the first month.
What is Shiba Memu?
Artificial intelligence has become a dominant trend across industries. Since the launch of ChatGPT earlier this year, many AI solutions have appeared that address a wide range of business and creative problems.
Shiba Memu is a project that combines AI and blockchain technology to simplify content creation and marketing for individuals and businesses.
According to its whitepaper, Shiba Memu is designed to handle the workload of many marketing agencies. The Shiba Memu engine operates continuously—24 hours a day, seven days a week—to identify creative advertising opportunities, deploy strategies, and generate better content marketing results.
Shiba Memu issues a meme token to capitalize on the explosive growth meme coins have seen in recent years. Meme coins were barely known in 2020 but grew to over $20 billion in market value within two years.
Unlike many meme coins, Shiba Memu emphasizes utility. The team says its AI-powered marketing capabilities make the project unique and potentially more attractive to investors.
Users gain access to a powerful AI that can build marketing strategies, draft PR materials, and promote content across relevant forums and social networks. Shiba Memu is currently available on the Ethereum and BNB Chain blockchains.
Shiba Memu presale surpasses $1.2 million
Shiba Memu has gained traction among crypto investors despite recent bearish sentiment in the market.
After just under a month of presale, the team has raised $1.2 million. The development team plans to use the funds to build core products and features.
Most of the presale proceeds will go toward developing Shiba Memu’s AI technology. The AI will enable the platform to interact directly with users.
The team also stated the platform will include a bot-driven dashboard for AI interaction, feedback, suggestions, and question handling.
Click here to learn more about the Shiba Memu presale.
Shiba Memu price prediction
Predicting Shiba Memu’s price is difficult while the token remains in presale. Currently 1 SHMU = 0.016300 USDT.
The team disclosed that the Shiba Memu price increases daily at 18:00 GMT. In a few hours it will rise to 0.016525 USDT.
SHMU started trading at $0.011125 at the beginning of the presale and is scheduled to trade at $0.0244 after the presale ends. Users can buy SHMU with Ethereum, USDT, BNB, and BUSD.
Should you invest in Shiba Memu now?
If the project appeals to you, it is not too late to consider investing in Shiba Memu. Its practical utility could position it among the leading meme coins globally.
By combining AI and blockchain to streamline marketing strategies for companies and organizations, Shiba Memu could see broader adoption in the coming months and years.
If the project gains traction, SHMU—the ecosystem’s native token—could deliver significant gains over the medium to long term.
Additionally, if the wider crypto market enters a bullish cycle, SHMU could emerge as a notable performer. Bitcoin and other major cryptocurrencies have posted year-over-year gains exceeding 40% in past cycles.
If market fundamentals improve in the coming months, SHMU may experience strong growth when it begins trading on cryptocurrency exchanges.