Cardano was one of the best new cryptos on the market when it first launched in 2017; however, it has since struggled to attract a regular base of users. In contrast, Shiba Memu continues to gain traction in online crypto communities as one of the best new cryptos to buy during its early fundraising stages.
Some consider both projects to be top innovations in Web3. Which is the best crypto to invest in right now?
What is Shiba Memu?
Shiba Memu is a cutting-edge meme coin using artificial intelligence. The project uses an AI protocol that can create custom marketing campaigns for publication across crypto forums and social media platforms.
Natural language processing (NLP) can create responsive and dynamic campaigns. Shiba Memu can analyze investor sentiment and the latest crypto trends before tailoring its communications to gain the maximum impact.
The protocol also uses image recognition to scan the internet for references to the Shiba Memu brand. The AI can interact with crypto community members directly, even responding to users and prospective investors in the comments section of various platforms.
One of the best new crypto meme coins on the market right now, Shiba Memu’s unique AI marketing protocol could help the project to take off. Meme coins typically rely on their ability to gain traction online, so the automated marketing features have the potential to expand the Shiba Memu community and garner interest from investors.
How does SHMU work?
The Shiba Memu platform will include a unique AI dashboard that provides deeper insight into the inner workings of the Shiba Memu artificial intelligence protocol. The AI continually uses machine learning to improve its campaigns’ effectiveness, and the dashboard will provide a real-time look into its ongoing operations.
The dashboard will also feature a ChatGPT-style chatbot, which allows community members to ask questions and provide feedback to the AI. The community can ask questions about the trajectory of the SHMU token price or share relevant information that can help it optimize its future marketing campaigns.
The native SHMU token can be used in an integrated staking feature on the Shiba Memu platform, allowing all token holders to make a passive yield on their investment. SHMU staking aims to provide a generous and stable return, boosting a holder’s possible long-term gains while participating in the ecosystem.
Shiba Memu price prediction: Will SHMU reach $1.50 in 2025?
Only 32 days remain until the SHMU native token presale ends. The event has already generated $3.2m worth of investment from the crypto community. On top of that, the presale includes a unique price rise mechanism that will see the SHMU value rise daily during the fundraising.
SHMU is currently valued at $0.030700 — this is due to rise to $0.0379 on the final day of the presale, the 31st of October, 2023. Time is running out to buy SHMU at a bargain price, with the token set to launch on the BitMart exchange shortly.
Experts are bullish on the future price potential of SHMU. Thanks to its automated marketing protocol, the new meme coin could potentially rise by more than 50x heading into the bull market, with a 2025 price target set at the $1.90 mark.
What is Cardano?
Cardano is a blockchain platform that rapidly became one of the earliest examples of a proof-of-stake consensus mechanism. Cardano’s focus on science and peer-reviewed academic research to substantiate its blockchain technology has proven successful, with the native ADA token now being a top 10 crypto by market cap.
Developed by Input Output Hong Kong (IOHK), Cardano’s scientific philosophy led to it popularizing the proof-of-stake consensus mechanism as a more scalable alternative to Bitcoin’s (BTC) original proof-of-work. Cardano also uses smart contracts, which have allowed developers to launch highly scalable user products on the network in the form of decentralized applications (dApps).
Cardano price prediction: Will ADA reach $3 in 2025?
ADA has fallen more than 90% since it reached its all-time high in 2021 at the $3.10 price level. The token has also underperformed the rest of the crypto markets during 2023, falling 0.24% YTD when the total crypto market cap (TCAP) has risen 36.91%.
Cardano’s recent underperformance indicates low demand for the token at this moment in time. While ADA remains in the top ten of the crypto market cap listings, its layer-1 blockchain has fallen far behind EVM-compatible alternatives regarding network activity.
With a lower total value locked than its competitors and fewer real active users, Cardano’s entire user base is significantly below that of the leading chains in Web3. Experts suggest that ADA may struggle to gain traction heading into the bull market, with new all-time highs unlikely — the 2025 Cardano price prediction is $2.50.
Shiba Memu vs. Cardano price prediction: Is SHMU worth buying?
Right now, Shiba Memu looks to be one of the best new cryptos on the market. It has the potential to rise by several orders of magnitude, as it could capture a large audience with its AI marketing protocol. In contrast, ADA may need help to appeal to new crypto users as it must compete with more marketable alternatives such as Aptos, Optimism, Arbitrum, and Solana.
In the meantime, it’s no wonder that Shiba Memu has attracted such a high level of investment during its early stages. The token has the potential to skyrocket in value over the coming months and years, making it a great addition to any crypto investment portfolio during 2023.
Find out how to buy SHMU here.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.
