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Shiba Memu’s presale has raised over $2.85 million in its presale on solid demand.
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The price of the tokens in presale increases every day at 6 PM GMT
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Shiba Memu could rise 50x, reinforced by its popularity and meme token trends
Buying meme cryptocurrencies might not be the right decision as crypto winter rages on. Leading meme names like Dogecoin and Shiba Inu continue to suffer in a bottomless drop. The bear market situation prompts investors to seek alternative tokens with the potential to explode. The entry of Shiba Memu (SHMU) into the scene has generated enthusiasm for meme investment. Since the presale started, investors have bought over $2.85 million of the tokens. To buy the token, investors can visit the project’s website.
Why investors are interested in Shiba Memu
Investment in Shiba Memu is partly attributed to its potential sustainability. It is the world’s first meme project to apply artificial intelligence. The AI generates hype, which puts Shiba Memu in the limelight.
Unlike its meme peers, Shiba Memu will market itself on online forums, generating hype for itself. As you may be aware, meme cryptocurrencies’ prices are moved by online publicity. The self-marketing concept allows Shiba Memu to be a potential big price mover. This capability puts Shiba Memu ahead of rivals, which rely on humans to gain and maintain relevance.
Investors could also be looking at the price potential of Shiba Memu. Early birds in presale have already tasted the price potential with Shiba Memu’s tokenomics. At the onset of the presale, the token was valued at $0.011125 but now goes for $0.027325. The price increases every day at 6 PM GMT in the presale
Alongside the price increases at presale, the potential for Shiba Memu is enormous, given its market space. In the past, meme cryptocurrencies have exploded in value after listing. Shiba Memu looks at a similar potential, given the love meme tokens attract in the sector. As the bear crypto sector lingers on, investors could look at Shiba Memu as the fresh kid in the market. This could inspire a rally for the token.
Shiba Memu’s social features could also attract investors. The project features an AI dashboard where users can build meaningful conversations with the robot. They can ask the AI questions, share suggestions, and learn new things in creative advertising.
How much can the Shiba Memu token rise?
Predicting the exact increases in the value of Shiba Memu could be subjective. However, projections can be made based on the token’s demand. The potential is indicated by the increasing number of investors buying the token.
While launching tokens have risen by up to 10x, Shiba Memu can surprise the markets. Analysts have earmarked up to 50 times increase, reflecting past price surges in meme cryptocurrencies.
Also, the token’s value could be unlocked from novel use cases. The Shiba Memu pool will let users earn fees by generating liquidity through a decentralised exchange. Similarly, the tokens can be staked in a smart contract or staking pol for additional rewards.
In the future, Shiba Memu could be unstoppable. AI can find use cases in diverse areas, benefiting Shiba Memu. This means the token’s value could overcome the frequent dumps that face meme cryptocurrencies.
Is Shiba Memu worth buying now?
Shiba Memu’s roadmap provides for the token listing in Q3 2024. After listing, the token could witness increased buying, allowing it to explode in value. However, prudential investment involves buying an asset when the price is low.
Investing in Shiba Memu’s presale makes sense, as the token’s price is still low. By the time the token’s price starts to rise, presale investors will reap the benefits. Also, investing now is advantageous as investors get tokens worth more when the presale ends.
The post Shiba Memu: Why new meme cryptocurrency has won the hearts of investors? appeared first on CoinJournal.
