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There are 13 days remaining in the Shiba Memu presale, bringing it closer to its conclusion.
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Shiba Memu’s price has been steadily rising each day throughout the presale.
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Shiba Memu’s value could see additional upside when locked liquidity is freed after listing, potentially in Q3 2023.
The presale has raised millions of dollars, and investors are increasingly optimistic about the new token sensation, Shiba Memu. The meme token’s presale has performed strongly, with a daily uptick in price acting as the icing on the cake. As a result, some investors may be experiencing FOMO. With only 13 days left until the presale ends, the token could see significant gains when it lists on exchanges.
About the Shiba Memu presale
Shiba Memu (SHMU) launched its presale in July with an initial eight-week schedule. Strong demand and investor interest prompted the team to extend the presale by another 60 days. The extended presale is set to end on October 31, after which the project will move toward listing.
Since the presale began, Shiba Memu has delivered value to early supporters. Starting from an initial price of $0.011125, the token is now priced at $0.034750. These gains were enabled by the project’s tokenomics. According to that design, Shiba Memu’s price increases automatically each day at 6:00 PM GMT. With 13 days remaining in the presale, the price is expected to continue rising.
When the presale ends, Shiba Memu plans to list on centralized major exchanges. The team targets the final quarter of 2023 for the listing. A successful listing on top exchanges is expected to unlock the token’s utility and facilitate price discovery.
Why is Shiba Memu attracting so much demand?
Shiba Memu’s speculative appeal is significant, given the amount raised during the presale. Hype is a key driver for meme cryptocurrencies, and the project’s fundraising has helped convince investors of its market potential.
Shiba Memu aims to lead the meme space by leveraging advanced AI technology. The project plans to use AI to drive self-promotion across social forums and dominate online conversations. Shiba Memu’s AI can write social copy and marketing materials autonomously, then self-publish that content across social media platforms to build traction and visibility.
Thanks to its AI and marketing capabilities, Shiba Memu positions itself as an innovative, potentially sustainable meme project rather than a temporary social media fad. These features have helped it stand out as one of the more forward-looking meme projects. Investors can also stake tokens to earn yields as the project grows.
The project has also harnessed community commitment to fuel its momentum. The team allocated 85% of the presale pool from the initial 1,000,000 tokens to early supporters. Once the project is live, Shiba Memu will engage the community via an AI dashboard. Through that dashboard, users can incorporate market insights into conversations, query the AI, and receive up-to-date guidance on marketing strategies and advertising trends.
Should you buy Shiba Memu in the presale?
Meme cryptocurrencies often generate strong FOMO because some have delivered massive returns after listing. Historical examples like PEPE have produced returns exceeding 10,000% for early holders, and long-standing meme coins such as Dogecoin have reached top market-cap positions.
Given Shiba Memu’s early demand and investor enthusiasm, it could offer similar upside potential. If the token reproduces returns comparable to leading meme peers, early investors might realize significant multiples on their investment.
Shiba Memu remains in presale, and the opportunity to capture listing gains may still be some time away. With 13 days left and daily price increases, participating in the presale can be advantageous for maximizing organic upside. Presale contributors are often better positioned to benefit from upward trends once the token lists.