Shiba Memu’s pre-sale closes at $4.5M, while Ether surpasses $2,100.
Key receivers
Ether has breached the $2,100 level for the first time in months as the crypto market continues to rally.
The Shiba Memu pre-sale is now closing at a price of $4.5 million.
The cryptocurrency market has been moving at a fast pace over the past few days with most coins increasing in value by more than 5%. Ether is one of the best performers in the market and is currently trading above the $2,100 level.
Shiba Memu continues to set a new milestone for pre-sales and will soon reach the $4.5 million mark.
Ether touched the 2 thousand dollar mark
Ether, the second largest by market cap, is trading above the $2,100 level for the first time in a month. The rally comes as the broader cryptocurrency market has recorded tremendous gains over the past few days.
The positive performance also comes after BlackRock iShares Ethereum Trust filed in Delaware earlier this week. Investors are hopeful that the world's largest asset management firm will soon launch an Ether ETF.
What is a Shiba Memu?
Shiba Memu is a Web3 project that continues to attract investors in the crypto space and beyond. The project is combining the powers of blockchain technology and artificial intelligence to make marketing campaigns easier for individuals and entities.
According to the development team, Shiba Memu will have a wide range of use cases for marketers in the crypto space and beyond. Shiba Memu handles various functions including content creation, marketing, social media advertising and creative advertising.
Shiba Memu uses AI to identify the best creative ads and provide users with superior content marketing services.
To take advantage of the recent rise in popularity of meme coins, the project is launching as a meme token. Over the past two years, meme coins have seen their market cap grow from $0 to almost $35 billion by 2023.
Shiba Memu stands out from the thousands of meme coins in the market because it provides users with real-world use cases. It 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.
Shiba Memu pre-sale closes at $4.5 million
The crypto market has been trading in the green zone with most coins trading in the green zone for the past few weeks.
Shiba Memu continued its strong pre-sale performance and the group has now raised around $4.5 million.
The group will use the funds to develop its various products and services. The Shiba Memu team said most of the money will be used to develop its AI technology.
Its platform will have a robotic dashboard that allows users to interact with 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
Although altcoins have been rallying in the past few weeks, it is difficult to accurately estimate the value of Shiba Memun in the near term as the project is still in the pre-sale stage. However, currently, 1 SHMU = 0.039925 USDT USDT. The token price increases daily at 6pm GMT and is set to trade at 0.040150 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 Memu today?
The cryptocurrency market is at a very good end of the year and investors may be looking at new projects to invest their money in. . The use of AI and blockchain technologies could see Shiba Memu gain greater acceptance in the marketing world.
Currently, the Shiba Memu SHMU project is still in the pre-sale stage, so it is running at a discount. Once the token gets listed on cryptocurrency exchanges and gains adoption, it is likely to experience a significant price increase.