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Home News Shiba Memu Soars Past $3.9m, Sparking Frenzy in the Meme Coin Universe

Shiba Memu Soars Past $3.9m, Sparking Frenzy in the Meme Coin Universe

News Desk
News Desk
News Desk
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News Desk
The latest news, comment and analysis from our crypto news desk.
October 24th, 2023

In the crypto world, meme coins have become memes themselves. Hundreds of Dogecoin and Shiba Inu derivatives have littered the market, hoping to recreate their progenitors’ victories—with varying degrees of success.

It’s a familiar narrative: a comedy token with an outrageous name and “ironic” branding generates hype on social media and becomes a highly speculative digital asset. One that could mint fortunes for early adopters or leave latecomers holding heavy bags.

And yet their appeal remains intact, seeing as how PEPE Coin blew up out of nowhere in 2023—despite nearly all of them lacking any fundamental value or unique use cases.

But not all meme coins are created equal: a revolutionary meme coin still in its presale phase adds a tinge of AI sophistication to the meme coin format.

It’s called Shiba Memu (SHMU), and its new crypto presale is sparking a frenzy in the meme coin market. Read on to get the full scoop on why this meme coin’s new crypto presale is gaining traction as 2023 ends—and how prospective investors can profit from its generous incentives.

What is Shiba Memu (SHMU)?

Shiba Memu does what no other Dogecoin or Shiba Inu imitation does; it harnesses artificial intelligence to inform its marketing strategy and produce and distribute content to support its goals on online social platforms.

Meme coins require tremendous hype and community engagement to gain traction and boost prices. Plus, once meme coins reach critical mass, investor interest often subsides and prices often follow. It’s no longer fun and games when everyone’s holding heavy bags.

Shiba Memu changes that paradigm by keeping the hype train running constantly and driving interest levels high. The protocol uses sentiment analysis and natural language processing to listen to mentions of its native token, SHMU, on online platforms.

Then, depending on market sentiment, the Shiba Memu algorithm will produce and distribute the appropriate content to promote its growth, counter baseless accusations, and engage audiences on all verticals. The hype train never ends in its efforts to drive buy pressure and push Shiba Memu toward parabolic growth.

How does Shiba Memu (SHMU) work?

The Shiba Memu ecosystem uses SHMU tokens as its native cryptocurrency. The token grants access to the protocol’s AI interface, where users can view the progress of marketing campaigns. SHMU holders can also provide feedback to fine-tune the platform’s marketing efforts, with SHMU tokens rewarded to holders that provide ROI-driving guidance.

In addition, holders can use the token to earn staking rewards. Shiba Memu tokenomics are deflationary, which will help sustain robust price action through buyback and burn mechanisms. Compared to Dogecoin, which issues 5.2 billion DOGE tokens annually, Shiba Memu has more potential to go parabolic.

Shiba Memu presale driving massive demand

Shiba Memu’s new crypto presale is attracting a lot of investment, raising $3.9m as it enters week 17 of its ICO phase. With its increasing token price increase mechanism driving popular demand, the team extended the presale to 120 days. SHMU token price has accelerated from a launch price of $0.011125 to $0.03633, representing a total increase of 226.52%.

By the time the crypto presale ends, SHMU tokens will have risen from $0.01 to $0.0379, an approximate 240.67% price increase for early buyers, depending on how early they joined the ICO. Those who joined after the extension was announced can sit on up to 120% in gains when the presale ends.

Shiba Memu offers a unique opportunity for investors to get in on the earliest stages of a meme coin with moon potential before it takes off. With its ambitious vision underpinning its irresistible meme coin charm, SHMU offers one of the most tantalizing crypto presales of 2023.

Moreover, an upcoming listing on the popular Bitmart exchange should only add fuel to the fire, as Shiba Memu should do exceptionally well after listing.

It’s all about the Shiba Memu presale

Shiba Memu brings potential meme coin virality and cutting-edge AI as the crux of its value proposition. By virtue of its goal to redefine the meme coin sector by being the first and only self-marketing protocol, Shiba Memu will be one of the hottest meme coins to hold in a portfolio.

Opportunities as promising as Shiba Memu rarely appear. It’s even harder to find crypto in its presale phase that combines meme coins’ explosiveness with AI’s disruptive power. Don’t miss out on one of 2023’s hottest presales in the meme coin sector, and take advantage of the great opportunity Shiba Memu presents.

You can participate in the SHMU presale now.

Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.