Shiba Inu dips by 4% this week: is the dip a chance to purchase extra meme tokens?

Key takeaways

The cryptocurrency market is present process a slight correction after its glorious efficiency in latest weeks. Nevertheless, Shiba Memu’s presale continues to hit new highs. 

Shiba Inu might slip under $0.000008

SHIB, the native token of the Shiba Inu ecosystem, is down by 4% over the past seven days. The poor efficiency comes because the broader cryptocurrency market undergoes a correction.

At press time, the worth of Shiba Inu stands at $0.000008077 per token. If the bearish pattern continues, SHIB might drop under the $0.000008 degree within the close to time period. 

What’s Shiba Memu?

Shiba Memu is a brand new Web3 challenge that’s launching as a meme token. The challenge continues to draw curiosity from traders because the broader cryptocurrency market continues to report a superb yr. 

Its presale not too long ago surpassed the $4.5 million mark and will quickly hit the $5 million milestone if the curiosity continues. 

Shiba Memu is a challenge that seeks to assist people and entities deal with advertising campaigns. In keeping with their whitepaper, the Shiba Memu platform will leverage blockchain and AI to supply advertising providers to customers.

Using AI and blockchain know-how would permit Shiba Memum to develop into a self-sufficient advertising powerhouse. With this platform, customers can perform a variety of promoting actions. 

The platform will function 24/7 due to its use of AI. It would additionally determine preferrred inventive situations and develop glorious advertising campaigns for customers.

The workforce revealed that its launch as a meme token is because of the truth that they intend to make the most of the hype round meme initiatives. Meme cash have develop into necessary within the crypto trade, rising from a market cap of $0 in 2019 to $35 billion in 2023. 

What separates this challenge from the hundreds of different meme cash accessible available in the market is that it provides utility to customers. The Shiba Memu AI know-how will assist customers develop their advertising methods, write their PRs, and promote their providers and merchandise on related boards and numerous social media platforms. 

At launch, Shiba Memu will solely be accessible to customers on the BNBChain and Ethereum blockchains. 

Shiba Memu’s presale surpasses $4.6 million

Though the broader crypto market is having a poor begin to the week, Shiba Memu’s presale continues to hit new milestones. The challenge has raised $4.615 million to this point. At this fee, the Shiba Memu presale will hit the $5 million mark. 

The workforce will use the funds to develop its AI know-how and a set of different merchandise. 

Click on right here to seek out out extra about Shiba Memu’s presale occasion. 

Do you have to enhance your Shiba Memu funding?

Shiba Memu is a superb challenge that has a whole lot of prospects. Buyers have been pouring funds into the challenge over the previous few months due to its distinctive worth proposition.

In case you have invested in Shiba Memu earlier than, you should buy extra of its tokens because the challenge could possibly be one of many largest winners within the upcoming bull run. The token might achieve large adoption over the approaching months or years, and that might see its worth soar larger. 

Itemizing on cryptocurrency exchanges and gaining large adoption might see the SHMU token rally to new highs within the coming months and years.