Key points to remember
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Shiba Memu raised more than $200,000 during its presale phase.
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The team increases the SHMU token price daily; the presale is scheduled to last eight weeks.
Bitcoin has traded around the $30,000 level over the past two weeks. Other leading cryptocurrencies have also performed well during this period.
This positive momentum pushed the total cryptocurrency market capitalization above $1.2 trillion for the first time this year.
Shiba Memu is currently in a presale and has already raised over $200,000. The development team increases the token price each day, and it could rise further once SHMU is listed on cryptocurrency exchanges.
What is Shiba Memu?
Shiba Memu is a cryptocurrency token that combines artificial intelligence and blockchain technology to create an autonomous, high-performance marketing engine.
The team claims Shiba Memu can perform the work of 100 marketing agencies. Unlike traditional agencies, Shiba Memu operates continuously: it scans top creative advertising work, adapts it, and improves upon it automatically.
The meme coin sector has grown significantly over the past three years. In 2020, meme coins were largely unknown in the crypto ecosystem, yet by 2022 they reached a market capitalization of more than $20 billion.
Shiba Memu aims to become a leading meme coin by delivering real utility. According to its whitepaper, Shiba Memu features autonomous marketing capabilities powered by AI, making it a distinctive and potentially attractive investment.
The team states Shiba Memu will craft its own marketing strategies, generate its own public relations content, and promote itself across relevant forums and social networks.
By combining AI with blockchain, Shiba Memu differentiates itself from the many meme coins currently available in the cryptocurrency market.
Shiba Memu currently operates on Ethereum and BNB Chain, two major DeFi blockchains in the crypto space.
Shiba Memu presale tops $215,000
Shiba Memu is already gaining traction in the crypto space. The project’s presale is underway and the team has raised $215,000 so far. Funds from the presale will be used to develop core products.
The team says most of the funds will go toward developing Shiba Memu’s AI technology. According to the whitepaper, the AI will enable direct interaction with users through a dashboard where users can engage with the AI, provide feedback, make suggestions, and ask questions.
Click here to learn more about the Shiba Memu presale event.
Price forecasts for Shiba Memu
At this stage, accurately predicting Shiba Memu’s price is not possible because the meme token is still in presale. Currently, 1 SHMU = 0.011575 USDT.
However, the development team says a key difference with this project is that the Shiba Memu price increases every day at 18:00 GMT.
The SHMU price is expected to reach 0.011800 USDT tomorrow. The daily increase varies, but the token’s price is scheduled to double over the presale, starting at $0.011125 and finishing at $0.0244. Users can buy SHMU using Ethereum, USDT, BNB, and BUSD.
Should you invest in Shiba Memu today?
The decision to invest in any token depends on the individual investor. That said, Shiba Memu could be an interesting crypto project to watch.
By combining AI and blockchain to streamline marketing strategies for businesses and organizations, Shiba Memu offers a practical use case that sets it apart from many meme tokens.
SHMU, the native token of the Shiba Memu ecosystem, could see significant medium- to long-term gains if the team delivers on its roadmap and product goals.
Additionally, Shiba Memu could benefit from a broader market rebound. The crypto market has been bullish this year, with many coins and tokens rising more than 40% so far.
If market fundamentals continue to strengthen, SHMU could experience notable growth once it begins listing on cryptocurrency exchanges.