- Shiba Memu’s presale reached $3.6 million as more investors buy AI-powered meme coins.
- Meanwhile, exchange stablecoin balances are at a six-month high, driven by large deposits.
- What does the spike in exchange buying power mean for crypto and for Shiba Memu?
While the crypto market remains largely in an accumulation phase following recent price action, on-chain data suggest a possible bull run may be closer than some expect. This optimism is tied to rising exchange holdings of the stablecoin Tether (USDT), a metric that has historically coincided with fresh buying opportunities for crypto investors.
So what does this improved market picture mean for Shiba Memu, a new crypto project that has raised nearly $3.6 million in its recently launched presale?
Exchange buying power jumps 7% — what that means
As Bitcoin climbed above $28,000 earlier this week, on-chain metrics shared by market intelligence platform Santiment showed a notable shift in investor behavior. The amount of Tether held on exchanges recently hit a six-month high. Exchange buying power rose about 7%, from roughly 17.6% to 24.7%.
That increase signals growing buying power in stablecoins on exchanges—often a period of accumulation that precedes renewed market entry. A sharp rise in exchange buying power, especially when led by large holders, typically tells market participants that dips could present buying opportunities.
“The top 10 addresses increased their USDT holdings from $7.30 billion to $9.42 billion in 3 months,” Santiment wrote on X (formerly Twitter). This trend suggests the next market downturn could be a substantial buying window, with investors positioning to acquire assets at discounted prices.
Historically, BTC and ETH are common buys during significant sell-offs, while altcoins such as XRP and Polygon frequently draw attention depending on market conditions. But investors are also hunting for the next breakout. One project that has captured notable interest is Shiba Memu.
Shiba Memu — merging memes with AI
Shiba Memu aims to bring artificial intelligence capabilities to the meme token space.
Top meme tokens like Dogecoin and Shiba Inu have largely depended on human-driven marketing to fuel hype and traction. Shiba Memu seeks to differentiate itself by leveraging AI to create marketing momentum that does not rely solely on human effort.
Beyond AI-driven promotion, the project plans to enhance community value through features such as staking and integration with decentralized applications (dApps).
How Shiba Memu works
The project uses natural language processing, machine learning, predictive analytics, and image/video recognition among its core technologies. AI algorithms will power a self-sustaining marketing engine that draws from meme culture to drive adoption of the SHMU token.
A single AI dashboard will provide several functions, including direct interaction between the meme-creation engine and Shiba Memu holders. Community feedback and suggestions will be integrated, giving users opportunities to earn additional SHMU.
AI narrative — mainstream adoption accelerating
A major development in venture funding this week was news that AI startup Anthropic is reportedly seeking $2 billion led by Google, according to The Information. That announcement follows Amazon’s plan to invest up to $4 billion in a competitor to OpenAI. Reports indicate Anthropic’s valuation could reach $30 billion, fueling broad interest in AI supported by high-profile backers like Microsoft, Nvidia, and Palantir.
At the same time, continued crypto and blockchain adoption is renewing investor optimism about the industry’s long-term prospects. Shiba Memu sits at the intersection of these two trends—AI innovation and crypto adoption.
Interest in this AI-powered meme token has translated into strong presale investment from participants worldwide. The presale has raised $3.6 million so far, and more investors may seek early exposure to the project.
Learn more about Shiba Memu in its whitepaper or consider participating in the presale here.