If you haven’t lived in the dog house or under a rock, you certainly have seen crypto news over the last few years. Then you’ll know that meme crypto coins are the holy grail. Coins such as Dogecoin have exploded in the past thanks to their visually appealing hype and the ease that they project on the entire scene. After all, not everyone always wants to hear Blockchain and other complicated words. Shiba Memu (SHMU) falls into the meme coin category, yet it differs from its competitors. With the likes of Dogodoge and other known meme coins like Shiba Inu, many traders might try to throw in Shiba Memu with the rest of the litter. This article will dive into how Shiba Memu offers much longer term utility and takes an innovative approach using artificial intelligence.
Why investors can expect Shiba Memu to be the top dog soon
While the meme coin craze is undoubtedly fun, for Shiba Memu, it is not enough. Thus, it is taking one step further by delivering utility investors can rely on. The dog pound is full of failed meme coins that garnered some hype but couldn’t hold up in the market in the long run.
Shiba Memu is different. It utilizes AI-based software to ensure its growth, regardless of the market. Shiba Memu plans to throw its loyal dog pack a bone every step of the way. Many investors will benefit from an immediate ROI from the daily price increases, while the secondary benefit of this project is playing the long game. Speaking about the presale, let’s get our noses wet: the meme coin presale event is fully underway and lasts only eight weeks. As the SHMU token goes through a daily fixed price increase, the incentive is there for traders to invest early.
After the meme coin presale, many developments will happen as laid out in Shiba Memu’s roadmap, which journeys through to Q4 2024. Considering the meme coin market has soared past $20 billion since 2022, there’s plenty of room for Shiba Memu to grow.
Pulling the curtain back on Shiba Memu’s ecosystem
Although Dogodoge is doing its best to make a name for itself, the project’s ecosystem needs to come closer to what Shiba Memu brings to the market, exemplified in Shiba Memu’s use of AI, which will make for better investment potential. Imagine a bone that keeps giving; the earlier investors get the bone, the bigger the reward. Now that’s something to chew on!
At a glance, AI-powered NLP algorithms are a large part of Shiba Memu’s operation, helping to monitor online forums, social media, and other communities to determine various factors and sentiments on the cryptocurrency. With this information, Shiba Memu can develop targeted and effective market campaigns, which will further investor interest in the project.
Aside from this, SHMU leverages AI and blockchain technology to become a continuous learning machine, bringing new tricks to its strategies. This will ensure Shiba Memu remains the top dog in its own right and will lead to an inevitable ROI pack of investors.
Traders can also stake their SHMU tokens to participate in the ecosystem in various ways. Some include suggesting websites, tools, topics, and other resource materials that’ll aid the adaptation and growth of the project. If the platform adopts an investor’s idea, rewards come in SHMU token treats.
The incentive behind Shiba Memu’s ecosystem is clear, but how does its technology work exactly? Shiba Memu utilizes various products, all of which work together to ensure the project’s success. In comparison, Dogodoge could have a more intuitive approach to its utility, partly because Shiba Memu dominates the dog park with every lap.
Nevertheless, Shiba Memu consists of more than just NLP algorithms. The project also includes features like predictive analytics, image and video recognition, sentiment analysis, and much more. Each of these products allows Shiba Memu to track its influence on the market and what traders say about it.
Analysts are barking left and right about Shiba Memu price predictions
With all of the hype surrounding Shiba Memu (SHMU) in major headlines and crypto publications, industry experts have sidelined Dogodoge (DOGO). In contrast, the Shiba Memu presale is garnering increasing interest as time progresses.
Shiba Memu is currently at $0.014950 in the presale but gains $0.000225 daily, and some analysts think the project could bring 50x to 100x after it lands on exchanges. SHMU has seen a total increase of 34.38% since its starting price, which is incredible, yet still highly affordable. When the dog whistle sounds on day 60, the token will have grown a staggering 119.33%. This pup will finish its presale at $0.0244, offering an exciting opportunity to investors who get in now.
Currently, Shiba Memu is available for $0.014950, but the ROI should be much higher once the token lists on exchanges after the presale. The meme coin presale is in the middle of week 3, giving new traders plenty of time to get involved.
That’s just the tip of the iceberg. Analysts predict prices could soar to $0.60 by the end of 2023, fetching a return of over 2,300%. Driven by Shiba Memu’s AI marketing, this could be much higher. Expect many investors to jump in, paws first!
How does Dogodoge’s price prediction compare?
Analysts expect that Dogodoge could reach $0.10 in 2023, but this will require significant interest from the market. Based on how the project has been navigating the year so far, it’s not looking like it’ll be able to hit the projections. Although Dogodoge could succeed in its space with built-in NFTs, gaming, and the metaverse, these routes may not deliver the same longevity you’ll find with Shiba Memu.
Dogodoge primarily focuses on purchasing NFTs, P2E, governance, and participating in game modes. Its roadmap is stacked with what seem like exciting products, but it’ll have trouble staying above water when facing the likes of an AI-assisted coin. It may sound like a diverse ecosystem, but it hasn’t driven the investor interest that Shiba Memu is currently seeing.
Much of this comes down to Shiba Memu’s AI-assisted marketing capabilities, which will ensure long-term growth. In the case of Dogodoge, the project is merely using the meme coin hype as its marketing fuel. Above all, Dogodoge is another pup in the litter of meme coins that may be on its way to the dog pound.
With the multi-level utility of Shiba Memu and its approach using artificial intelligence, traders anticipate an excellent R.O.I. of as much as x100 and more. The clock is ticking on the Shiba Memu presale, so now is the time to invest!
You can find out more about SHMU here.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.