As the Shiba Memu Token Sale continues, Liquidity, Loom Network will increase

Cryptocurrency prices have been largely dormant over the past few weeks as investors turned to stocks and other safe havens like short-term bonds and money market funds. Bitcoin has been hovering between $25k and $30k while the total market cap is stuck at over $1 trillion.

Loom Network, Liquidity increase

Not all cryptocurrencies have remained at this level of consolidation over the past few weeks. As I wrote here, Loom Network's price has increased over 500% in the last few days, making it the 92nd largest cryptocurrency in the world. The rally took place after Gate.io, a major exchange listed the cryptocurrency.

And this week, Lom Network futures were added to leading exchanges such as Binance and LBank. As all this happened, the coin entered what is often referred to as the Wyckoff model's markup phase, where demand outstrips supply.

Another top mover was Liquity, a platform that operates the Liquity US dollar stablecoin known as LUSD. After putting Ether as collateral, users can take out loans using the stablecoin. LQTY price rose to $1.35, up from last month's low of $1.35.

Liquidity's price action is largely due to increased activity in the ecosystem. The latest data shows that users participating in the protocol earned $625k last month as the crypto winter continued.

The Shiba Memu Token Sale continues.

Other big winners over the past few weeks have been Shiba Memu, which has continued to grow more capital over the past few months. The token raised more than $3.8 million, making it one of the most successful token sales in the world.

For starters, Shiba Memu is a meme token that aims to disrupt an industry currently dominated by the likes of Shiba Inu and Dogecoin. It aims to do just that by combining two of the most popular technologies in the market.

The first technology was artificial intelligence (AI), which grew rapidly due to the success of ChatGPT and other companies such as Anthroponic. Analysts believe that AI will be the most disruptive industry in the market.

Shiba Memu uses some of the advanced building blocks of AI, such as predictive modeling, data analysis, and image analysis. The ultimate goal is to have a meme coin that evolves over time and markets itself.

Another technology is meme coin, which is mostly noise driven. But in this case, Shiba Memu will have a clear utility as the network grows.

Analysts therefore believe that investing in your pre-sale at Shiba Memu will give you an opportunity to create wealth when listed on key exchanges. You can buy a Shiba Memu token here.