Will other meme coins follow?
Key receivers
Dogecoin is up 10% over the past seven days, outperforming the broader market.
Shiba Memu's pre-sale has officially passed the $4.5 million mark.
The cryptocurrency market has had a weak week so far, with Bitcoin and Ether both underperforming. However, DOGE has been one of the best performers in the past few days.
DOGE is bigger than the market
DOGE, the native coin of the Dogecoin ecosystem, is one of the best performers among the leading cryptocurrencies by market capitalization. It has increased by more than 7% in the last 24 hours, which is superior to the broader market.
Several altcoins have been rallying in the past few weeks and meme coins could be hot next. DOGE outperforms the market following other meme coins like Shiba Inu and PEPE.
What is a Shiba Memu?
Shiba Memu is working to become the leading meme coin in the world. Web3 is a project that combines the features and functions of blockchain technology and artificial intelligence (AI) to transform how companies and individuals handle digital marketing.
Shiba Memu offers a wide range of services to marketers in the Web3 ecosystem and beyond. Some of the services it offers include content creation, marketing, social media advertising, and creative advertising.
As a team, Shiba Memu uses AI to identify the best creative ads and deliver superior content marketing services to users.
The decision to launch as a meme token was made because the development team wanted to capitalize on the popularity of meme coins. As of 2021, meme coins have seen their market cap grow from practically $0 to now stand at $35 billion.
While most meme coins don't have use cases, Shiba Memu will be an exception. As a marketing meme coin, Shiba Memu 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 pre-sale of Shiba Memu has exceeded 4.5 million dollars
The cryptocurrency market had a good start to the month and this was reflected in the prices of most coins and tokens. Shiba Memu continues its strong pre-sale run and the team has now raised over $4.5 million.
Most of the money generated through the pre-sale will go towards the development of Shiba Memu products and services. The Shiba Memu AI technology is the most important product and will have more priority than the others.
Shiba Memu's marketing platform comes with a robotic dashboard, allowing 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
Bitcoin and other major altcoins have underperformed this week. However, DOGE is one of the top 20 cryptocurrencies by market cap.
Despite the market's performance, the project is still in the pre-sale stage, so it is difficult to accurately estimate the value of Shiba Memun in the near term. However, currently 1 SHMU = 0.041500 USDT. The token price increases daily at 6pm GMT and is set to trade at 0.041725 USDT per token within a few hours.
SHMU was initially trading at $0.011125 during the pre-sale, and has seen an impressive price increase since then. The SHMU token can be purchased using Ethereum, USDT, BNB and BUSD.
Should you buy Shiba Memu or wait for it to launch on exchanges?
The best times to invest in a project are during pre-sales or when there is a market rebound. Because tokens and coins are sold at discounted prices during these periods.
Shiba Memu has the potential to become one of the top meme projects in the world thanks to its use in the marketing industry. By using AI and blockchain technologies, Shiba Memu can provide huge resources for companies and individuals who conduct marketing campaigns.
The massive adoption of Shiba Memu could result in tremendous gains after the SHMU token began trading on cryptocurrency exchanges.
