After yesterday’s brief rally, Bitcoin could regain the $30k psychological level.

Key receivers

The cryptocurrency market has had a rollercoaster week so far, with Bitcoin and others experiencing a mixed show. Shiba Memu's pre-sale has now reached a value of $4 million as additional investors have provided funding for the project.

Bitcoin has seen the $30K mark.

Bitcoin, the world's largest cryptocurrency by market cap, hit the $30,000 mark on Monday following a fake news report. CoinTelegraph and some crypto media outlets have reported that a Bitcoin ETF offering by BlackRock has been approved by the US SEC.

The news sent Bitcoin racing past the $30k mark on Monday. However, BlackRock later came out to downplay the report, revealing that the SEC is still reviewing its Bitcoin ETF proposal.

Bitcoin is currently sitting around the $28k level. At press time, the price of Bitcoin stands at $28,416 per coin. The bulls are still in charge and may push the price of BTC to the psychological level of $30k in the near future.

What is a Shiba Memu?

Shiba Memu is a cryptocurrency project that continues to gather interest among investors thanks to its unique concept. As a Web3 project, Shiba Memu intends to combine blockchain technology and the power of artificial intelligence to make it easier for individuals and entities to conduct marketing campaigns.

Shiba Memu is a meme token project that aims to provide marketers with a wide range of use cases. The platform can perform various functions including content creation, marketing, social media advertising and creative advertising.

As an AI-powered project, Shiba Memu works around the clock to identify the best creative ads and provide users with superior content marketing services.

Shiba Memu's launch as a meme token comes as it looks to capitalize on the wave of popularity of meme coin projects in recent years. This is reinforced by the fact that within two years, the market value of meme coins will grow from $0 to $35 billion by 2023.

But Shiba Memu differs from other meme tokens by offering different use cases to users. Shiba Memu is starting with real-world use cases and allows users to create marketing strategies, launch PR programs and promote campaigns on relevant platforms and social media platforms.

Currently, the project is available on the Ethereum and BNBChain blockchains.

The Shiba Memu pre-sale closes at the $4 mark

The cryptocurrency market is experiencing a rollercoaster performance this week, with most coins and tokens currently in the green zone.

Shiba Memu continued its strong pre-sale performance and the team has now raised around $3.9 million. This means Shiba Memu has raised over $200k in less than a week.

With the funds collected in various pre-sale stages, Shiba Memu develops its products and services. The team mostly focuses on the development of Shiba Memu AI technology.

The Shiba Memu platform will have a robotic dashboard that allows users to interact with the AI, provide feedback, make suggestions, ask questions and more.

Click here to learn more about Shiba Memu's pre-sale event.

Shiba Memu price prediction

Shiba Memu is still in the pre-sale stage, and this makes it impossible to predict the price in the short and medium term. However, currently, 1 SHMU = 0.034525 USDT USDT. The price of the token increases daily at 6pm GMT and is set to trade at 0.034750 USDT per token within a few hours.

In the first pre-sale phase, SHMU was trading at $0.011125, and since then it has seen a dramatic increase in price. The SHMU token can be purchased using Ethereum, USDT, BNB and BUSD.

Should you buy a Shiba Memun now?

The decision to buy SHMU is up to the investors. However, Shiba Memu has the potential to become one of the top memorabilia projects in the world thanks to its leverage in the marketing industry. By combining AI and blockchain technologies, Shiba Memu can gain huge acceptance in the world of marketing.

Currently, SHMU is going for a discount as the project is still in the pre-sale stage. With the right level of adoption and a possible crypto bull market on the horizon, the value of SHMU could rise in the medium to long term.