- Shiba Memu’s presale has been extended for a second time, with the new deadline now set to December 30.
- Interest in the project has been substantial, with more than $4.37 million raised so far.
- Shiba Memu’s price could surge significantly when the token lists on top exchanges next year.
Crypto traders and investors are sizing up the market to identify opportunities in this bull cycle. While flagship cryptocurrency Bitcoin is expected to lead the next bull market, several projects have emerged aiming to challenge established altcoins for breakout coin or token status this cycle.
One such contender could be Shiba Memu (SHMU), whose presale has just been extended after demand pushed total investment past $4.37 million.
What is Shiba Memu?
Shiba Memu aims to become a leading cryptocurrency when it launches next year. According to the project’s whitepaper, the new meme token integrates AI to create a powerful marketing engine.
Shiba Memu will deploy a 24/7 marketing strategy supported by natural language processing and predictive analytics as part of an AI dashboard. In addition to issuing its own press releases and distributing them across relevant forums and social media channels, the AI dashboard will continuously adapt to improve performance.
Token holders will also be able to interact directly with the AI dashboard, providing feedback and suggestions that the automated system will act on for the benefit of the network.
Shiba Memu presale extended
The Shiba Memu network is powered by SHMU, a meme-class token inspired by coins like Dogecoin and Shiba Inu but equipped with utility features such as staking. Early investors have the opportunity to purchase the token during the presale.
Although a previous extension of the Shiba Memu presale was set to end on October 31, rising demand across the market prompted a further extension to December 30. That means SHMU will remain available at the presale price for an additional 60 days.
A message from the team posted on X on October 31 emphasized that this was not “just an extension,” but a “strategic move” intended to position SHMU for potential listings on Tier 1 exchanges. The extension also allows the project to strengthen its community—an essential element for any crypto project.
Shiba Memu price outlook
Shiba Memu’s whitepaper allocates 85% of the total 1 billion SHMU token supply to the presale. At launch, the presale price was $0.011125 and features a daily scheduled increase at 18:00 GMT, so investors can see how much time remains before the next price step.
Currently, SHMU is priced at $0.039250 and is expected to move to $0.039475 in the next increment. This systematic daily pricing will continue through December 30.
Analysts expect the token’s price could rise sharply once it begins to trade on larger exchanges. Those prospects would be particularly strong if a Tier 1 exchange like Binance were to list SHMU—a development that has previously driven prices of memecoins like MEME and tokens such as ORDI higher.
Bullish forecasts for SHMU are rooted in several key factors, including its AI-driven approach, the anticipated crypto bull market, and Shiba Memu’s innovative take on meme tokens.
A similar trajectory could see Shiba Memu peak above $0.10 after tokens reach secondary markets. If momentum continues, price ranges between $0.50 and $1.00 during the latter half of 2024 could become possible, though such outcomes would depend on market conditions, exchange listings, and sustained community support.