Shiba Inu price outlook as Shiba Memu’s presale tops $2.2M

Key takeaways

• The broader crypto market rallied over the past 24 hours, however Shiba Inu continues to underperform.

• Shiba Memu’s stage two presale has now topped the $2.2 million mark.

The cryptocurrency market skilled a price money final week that noticed Bitcoin drop to the sub $25k stage. Since then, the market has been underperforming.

However, the market barely recovered yesterday, with Bitcoin at the moment buying and selling simply round $26,500 per coin. Despite the market’s bearish development, Shiba Memu’s presale continues to progress excellently. 

Shiba Inu stays round $0.000008

SHIB, the native token of the Shiba Inu ecosystem, has been one of many worst performers thus far this week. While the crypto market rallied on Wednesday, SHIB continued its downward development.

SHIB has misplaced lower than 1% of its worth within the final 24 hours and is at the moment buying and selling at $0.00000827 per coin. The bearish development got here following Shiba Inu’s botched launch of Shibarium final week. 

The workforce stated they might be reopening the Shibarium community to the general public quickly. If that occurs and there aren’t any points, SHIB may rally larger and attain the $0.000009 stage within the close to time period. 

What is Shiba Memu?

Shiba Memu is a cryptocurrency undertaking that’s at the moment in its presale stage. The undertaking needs to mix the powers of AI and blockchain know-how to positively impression the advertising and marketing business. 

With Shiba Memu, it could turn out to be simpler for individuals and organisations to create content material and roll out advertising and marketing campaigns. 

According to their whitepaper, Shiba Memu can be designed to deal with the duties of a number of advertising and marketing businesses. Shiba Memu will all the time be lively and might be out there to eat content material and generate higher content material advertising and marketing methods and campaigns for firms. 

Shiba Memu is launching as a meme token because of the current surge within the standing of meme initiatives. Within the house of two years, the market cap of meme cash grew from virtually $0 in 2020 to $20 billion in 2022. 

What makes Shiba Memu totally different from different meme initiatives is that it has a real-world utility. Shiba Memu will be thought of a self-sufficient advertising and marketing device powered by AI know-how.

Shiba Memu’s stage two presale hits $2.2M

The current market turbulence didn’t have an effect on Shiba Memu as its stage two presale continues to hit new highs. The presale has been round for almost two months now, and the workforce has raised greater than $2.2 million within the second stage. 

With greater than 70 million tokens offered, the second presale stage might be concluded within the coming days. The workforce intends to make use of the funds generated from the presale to develop a few of its services and products. 

Most of the funds can be pushed in the direction of growing the Shiba Memu AI know-how. Shiba Memu will use AI know-how to supply thrilling advertising and marketing companies to its customers. 

Shiba Memu customers may also be capable to work together with the AI, present suggestions, make solutions, and ask questions. Hence making it an thrilling AI-powered advertising and marketing platform. 

Click here to seek out out extra about Shiba Memu’s presale occasion.

Shiba Memu price prediction

Shiba Memu remains to be in its presale stage, and we will’t precisely predict its price motion within the brief time period. At the second, 1 SHMU = 0.022375 USDT.

According to the workforce, SHMU’s price will increase on daily basis at 6 pm GMT. In just a few hours, the token will go for 0.022600 USDT. The token started buying and selling at $0.011125 when the presale started and can commerce at $0.0244 when the presale ends. Investors should purchase SHMU tokens utilizing Ethereum, USDT, BNB and BUSD

Should you purchase Shiba Memu now?

Investing in a undertaking throughout its presale is normally the most effective choice as it means that you can get into initiatives sooner than different buyers. The ROI generated throughout that interval normally exceeds what different buyers make. 

Shiba Memu is an thrilling undertaking that can use AI know-how and blockchain. If the undertaking positive aspects the required adoption, SHMU’s price may rally larger over the subsequent few months and years. 

The efficiency of the broader cryptocurrency market may additionally decide SHMU’s price. A bullish run within the medium time period may see SHMU’s price soar larger.