Meme coins have enjoyed a resurgence this year, with old dogs such as Dogecoin and Shiba Inu beginning to learn new tricks, while newbies such as Pepe have entered the market with a huge splash.
Hot on the success of Pepe, which hopped into the public arena in May 2023, astonishing everyone with its incredible performance that drove more than 1000x returns for the earliest investors comes its evil sibling, Evil Pepe. However, a new pup in the market, Shiba Memu, already has Evil Pepe hopping mad as it chases it down with its unique approach to the world of meme coins.
Shiba Memu’s revolutionary ICO and overarching levels of utility have many experts calling SHIB one of the best meme coins to have been launched this year. Here’s why so many are flocking to pet Shiba Memu and turning away from Evil Pepe.
What is Shiba Memu?
Shiba Memu (SHMU) is bringing far more than a cutesy puppy-inspired meme coin to investors’ digital wallets, providing investors with a product that packs plenty of bite. The platform’s autonomous AI-driven promotional capabilities do the work of dozens of exec-filled marketing agencies with none of the substantial financial outlay.
This is achieved by using cutting-edge new AI technologies, such as machine learning, sentiment analysis, predictive analysis, and natural language processing (NLP), to sniff out mentions of Shiba Memu across online communities. As NLP goes to work understanding investor sentiment towards this loveable, feisty newbie, the algorithm creates bespoke new marketing campaigns to improve the coin’s saleability online.
This clever canine is so intelligent that its use of machine learning will help it to continuously learn and adapt as it becomes aware of the effectiveness of its promotional efforts. This ongoing feedback loop helps teach this dog new tricks and increases its exposure to an ever-widening audience.
How does Shiba Memu work?
For some, Shiba Memu’s outstanding AI-powered algorithms will be enough to persuade them to part with their hard-earned cash. Others may not yet be entirely convinced about Shiba Memu’s claim to be one of the best meme coin investments.
Rather than owners having to pet and reward Shiba Memu, this pooch is the gift that keeps giving more treats to its owners, beginning with its highly appealing presale event. After launching at $0.011125, SHMU increases in value by the set amount of $0.000225 daily. This means that day-one investors have already seen a 105.17% increase in their holding value.
Throughout Shiba Memu’s 60-day ICO, SHMU will rise 119.33% from its initial presale value, winding up at $0.0244. This means there are still substantial gains to be made for investors that get involved now before the coin’s upcoming listing on the popular Bitmart exchange. Because of the search for the next big meme coin, we see Shiba Memu mentioned as one of the top cryptos to buy in online publications, even at this early stage.
Another unique feature is that token holder have access to one of the most advanced and interactive AI dashboards where users can earn crypto rewards each time one of their suggestions for new audiences to tap into is adopted. What’s not to like?
Shiba Memu price prediction
Analysts are united in their belief that SHMU could quickly become one of the best-performing meme coins once it hits Bitmart and other major exchanges. With more investors being tuned into the platform’s AI capabilities and drawn towards this crafty canine hunter by the interactive dashboard, buying pressure is expected to surge quickly.
Currently available at $0.022825, SHMU still has a little way to travel before the ICO ends, meaning guaranteed returns remain open for those they buy now. Once SHMU goes public, analysts expect the price to erupt, breaking past $0.25 this year before surging on to hurdle $0.80 in 2025, just as the next crypto bull market begins.
What is Evil Pepe?
Evil Pepe is a new meme coin aiming to leapfrog its more likable, less offensive sibling, Pepe, into becoming one of the biggest-selling meme coins of 2023. Based on the popular internet meme of Pepe the Frog, Evil Pepe is already breathing new life into the Pepe meme by encouraging investors to turn to their darker side.
Evil Pepe recently launched its single-phase presale event with a hard cap of just below $2 million. Unlike its wholesome sibling, Evil Pepe has added a hooded Sith costume to the Pepe meme, openly encouraging potential investors to listen to their inner devil as the only way to get ahead in the constantly evolving crypto market.
Evil Pepe price prediction
As with Pepe Coin, Evil Pepe has been launched without any inherent value or utility, instead leveraging the power of its disruptive and offensive nature to speak to potential investors, tapping into its darker side. Although the lack of utility in Evil Pepe is not necessarily bad news for investors seeking potentially monumental gains in the short term, history suggests that any early price pump is likely to be short-lived.
Predictions are that Evil Pepe could achieve its aim of reaching a $100 million market cap quickly after its launch on public exchanges so long as investors aren’t already experiencing Pepe fatigue. Longer-term predictions remain stodgy, with forecasts that Evil Pepe could hit $0.0025 by the end of 2023 before crawling to $0.0037 by 2025.
Dog vs. Frog. Is Shiba Memu or Evil Pepe the best meme coin to buy now?
Shiba Memu (SHMU) and Evil Pepe are new meme coins with wildly differing routes to market and expectations. While Evil Pepe lacks any value aside from its mischievous nature, Shiba Memu is growling away at the competition with its exciting, trailblazing use of brand-new AI technologies.
All eyes will be on Shiba Memu as it looks to become the top dog in the meme coin sector, combining all the fluffy fun of meme coin ownership with serious utility. Shrewd investors are already making significant gains throughout the coin’s ICO. Now is the time for others to get aboard before the coin goes viral after its public release!
You can participate in the SHMU presale here.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.
