Shiba Memu price forecast after pre-sale extension
The Shiba Memu pre-sale has been extended for the second time, and the last day is now December 30. The demand for the project is huge and more than 4.37 million dollars have been collected so far. When the token launches on major exchanges next year, Shiba Memu's value could increase significantly.
Crypto traders and investors are scoping out the market for what they can see as opportunities in this bull cycle. While mainstream cryptocurrency Bitcoin is expected to lead the new bull market, a few project-based altcoins have emerged to challenge the breakout coin or test this cycle.
One of them could be Shiba Memu (SHMU), whose pre-sale extended demand has raised the total investment to more than $4.37 million.
What is a Shiba Memu?
Shiba Memu aims to become one of the top cryptocurrencies in the market when it launches next year. According to the project's white paper, the new meme coin integrates AI to create transaction power.
In this case, Shiba Memu will have a 24/7 marketing approach, with natural language processing and predictive analytics as part of the technology that powers the AI dashboard. Apart from publishing its own press releases and feeding these to relevant platforms and social media platforms, the AI Dashboard is constantly tweaked to improve its performance.
Token holders can directly engage with the AI Dashboard by providing feedback and feedback on how the Robotics Dashboard will benefit the network.
Shiba Memu presale has been extended
The Shiba Memu network is powered by SHMU, which although falls into the category of meme coins like Dogecoin and Shiba Inu, is equipped with key features such as staking to add to its overall utility. Early bird investors have the opportunity to purchase this token during the presale.
Although the earlier extended Shiba Memu pre-sale was closed for October 31, demand from the market has now extended this to December 30. This means that SHMU will be available for an additional 60 days at the lowest price available for sale.
The group's announcement posted on X on October 31 noted that this was not “just another extension” but a “strategic move” aimed at positioning SHMU to be listed on Tier 1 exchanges. It also allows the project to strengthen the community, an important cog for any project.
Shiba Memu price prediction
The Shiba Memu white paper allocates 85% of the total 1 billion SHMU tokens for the presale. At launch, the token's presale price was $0.011125 and has a new feature that sees a daily increase at 6 pm GMT. This means investors can see how much time they have before the next price hike.
Currently SHMU is priced at $0.039250 and expected to reach $0.039475 in the next level. This strategic approach to daily pricing will continue until December 30.
Analysts predict that the price of the cryptocurrency could increase significantly when the token is listed on major exchanges. For example, this view could be reinforced if a Tier 1 exchange like Binance lists SHMU – recently seeing price increases for Memecoin (MEME) and Ordinals (ORDI).
Specifically, SHMU's bullish predictions are based on several critical factors, including the AI narrative, the anticipated crypto bull market, and Shiba Memu's innovative approach.
A similar prospect for Shiba Memu could mean an increase of more than $0.1 once the tokens hit the secondary market. If this happens, a price range of $0.5-$1.00 is possible in the second half of 2024.