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The Future of Meme Coins? Why Shiba Memu Could Be The Best Crypto to Buy This Year!

News Desk
News Desk
News Desk
Author:
News Desk
The latest news, comment and analysis from our crypto news desk.
October 31st, 2023

Comedy tokens with ironic names and catchy meme branding have taken off. They have become part and parcel of the crypto trading world. Despite the overwhelming majority of meme coins lacking utility, it hasn’t stopped them from drawing massive amounts of investment.

Fast forward to 2023, and the meme coin market is still littered with pathetic tokens with endless Dogecoin and Shiba Inu derivatives—99.9% of which lack any redeeming utility or innovative quality.

But with the advent of meme coins that combine the best aspects of the format with real-world utility and innovation, meme coins like Pepe and their ilk could fall out of favor.

One of the finest exponents of this new, improved paradigm of meme coins appropriates an iconic meme while implementing the emerging trend of artificial intelligence in the most sophisticated way. It’s called Shiba Memu (SHMU), and its presale is among the hottest ICOs of 2023.

Discover why crypto investors are hyping up Shiba Memu as the best crypto to buy in 2023.

What is Shiba Memu?

Shiba Memu goes where no tired Dogecoin or Shiba Inu ripoff has ever gone. It’s not just another meme coin by any stretch of the word—it’s a self-marketing meme coin powerhouse with the sophisticated flourish of artificial intelligence underpinning the project.

The next-generation meme coin will leverage the power of natural language processing (NLP) and sentiment analysis to parse through online platforms and determine market sentiment about Shiba Memu. Then, using the insights it derives from data, it will create the corresponding content to market the token and engage new audiences. The protocol’s advanced AI algorithm then directs the distribution of the content it produces, creating an entirely self-marketing juggernaut. It’s basically doing the work of multiple marketing agencies at once.

Traditionally, meme coins relied on human marketing efforts to generate organic demand. Shiba Memu redefines the standard with which meme coins market themselves, making it a pioneer and innovator worth investing in as one of the best cryptos to buy into this year.

How does Shiba Memu work?

Shiba Memu is underpinned by its native SHMU token, which, apart from serving as the primary means of value transfer in the network, grants access to its AI marketing dashboard. SHMU token holders can get a bird’s eye view of the protocol’s marketing campaigns across verticals. Meanwhile, SHMU holders providing quality feedback that helps fine-tune the protocol’s algorithms may earn the platform’s native token as compensation.

Shiba Memu token holders can stake the token for passive yield. With the deflationary tokenomics of SHMU, token prices are designed to retain their value and resilience against volatility. Many other popular meme coins, like Dogecoin, are inflationary, ensuring an absurdly high supply that keeps token prices suppressed.

Investors looking for the best crypto to buy with the most significant parabolic potential in 2023 can look no further than Shiba Memu.

Why could Shiba Memu be the best crypto to buy now?

It’s not just Shiba Memu’s cutting-edge utility and innovation that set it apart as the best crypto buy in the meme coin space. More importantly, the token presale’s FOMO-inspiring mechanism of daily token price increases is what is attracting plenty of investment. In just 17 weeks of its ICO, the presale has raised $4.1m in fresh capital, with demand buoyed by a $0.000225 daily token price increase throughout the ICO phase.

SHMU token prices started from $0.011125, rising to its $0.03790 level. Investors who bought tokens during stage 1 of its presale can earn up to 240.67%, while investors who bought in during the 60-day extension can earn up to 120% by the time the presale ends.

With only 1 day until the presale ends on 31st October, there’s still plenty of time to take advantage of the daily price increases and the parabolic price potential Shiba Memu has to offer.

Take your best chance at meme coin glory with Shiba Memu

Shiba Memu is right at the forefront of the new meme coins revolutionizing the niche. No other meme coin combines the format’s appeal with AI’s futuristic flourish to create a self-marketing pup like Shiba Memu. All eyes are on the project as it winds down its presale and prepares for its launch on Bitmart and other exchanges.

Still looking for the best crypto to buy to diversify your crypto trading portfolio? Shiba Memu has everything going for it ahead of the upcoming bull run. Don’t miss out on the chance to get in on a meme coin project with limitless, explosive growth potential in the coming years.

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.