Key takeaways
Dogecoin is up by 10% over the past seven days, outperforming the broader market.
Shiba Memu’s presale has formally crossed the $4.5 million mark.
The cryptocurrency market has had a poor week to this point, with Bitcoin and Ether each underperforming. However, DOGE has been among the finest performers over the previous few days.
DOGE outperforms the market
DOGE, the native coin of the Dogecoin ecosystem, is among the finest performers amongst the main cryptocurrencies by market cap. It is up by greater than 7% within the final 24 hours, outperforming the broader market.
Several altcoins have been rallying over the previous few weeks and meme coins is perhaps warming up subsequent. DOGE outperforming the market may see other meme coins like Shiba Inu and PEPE follow go well with.
What is Shiba Memu?
Shiba Memu is working to change into one of many main meme coins on this planet. It is a Web3 mission that seeks to mix the options and capabilities of blockchain expertise and synthetic intelligence (AI) to alter how corporations and people method digital advertising.
Shiba Memu will supply a variety of companies to entrepreneurs throughout the Web3 ecosystem and past. Some of the companies it might supply embody content material creation, advertising, social media commercial, and inventive commercial.
Per the group, Shiba Memu will leverage AI to determine one of the best inventive adverts and enhance on them to supply superior content material advertising companies to customers.
The determination to launch as a meme token was as a result of the event group sought to leverage the recognition of meme coins. Since 2021, meme coins noticed their market caps develop from virtually $0 to now stand at $35 billion.
While most meme coins lack use instances, Shiba Memu will likely be totally different. As a advertising meme coin, Shiba Memu will enable customers to create advertising methods, roll out PR schedules, and promote campaigns on related boards and social media platforms. Currently, the mission is offered on the Ethereum and BNBChain blockchains.
Shiba Memu’s presale surpasses $4.5 million
The cryptocurrency market has had a superb begin to the month and this has mirrored within the costs of most coins and tokens. Shiba Memu has continued its glorious presale efficiency, and the group has now raised greater than $4.5 million.
Most of the funds generated through the presale can be channelled in the direction of the event of the Shiba Memu services and products. The Shiba Memu AI expertise is its most vital product and can have precedence over the others.
The Shiba Memu advertising platform comes with a robotastic dashboard, permitting customers to work together with the AI, present suggestions, make options, ask questions, and extra.
Click here to search out out extra about Shiba Memu’s presale occasion.
Shiba Memu value prediction
Bitcoin and other main altcoins have been underperforming this week. However, DOGE stays among the finest performers amongst the highest 20 cryptocurrencies by market cap.
Despite the market efficiency, it’s arduous to precisely predict Shiba Memu’s value within the close to time period because the mission remains to be in its presale stage. However, for the time being, 1 SHMU = 0.041500 USDT. The token’s value will increase each day at 6 pm GMT and is ready to commerce at 0.041725 USDT per token in a number of hours.
At the beginning of the presale SHMU was buying and selling at $0.011125, and it has seen a exceptional improve in value since then. The SHMU token will be bought utilizing Ethereum, USDT, BNB and BUSD
Should you purchase Shiba Memu or wait until the launch on exchanges?
The finest occasions to spend money on a mission are throughout its presale or when there’s a market pullback. This is as a result of it’s throughout these intervals that tokens and coins are bought at low cost costs.
Shiba Memu has the potential to change into one of many prime meme tasks on this planet, because of its utility out there trade. By utilizing AI and blockchain applied sciences, Shiba Memu may supply huge utilities to corporations and people finishing up advertising campaigns.
Massive adoption of Shiba Memu may see its SHMU token file glorious positive aspects as soon as it begins buying and selling on cryptocurrency exchanges.
