2023-07-23 10:04:12 ET
Dogecoin
(DOGE) stays one of many
top meme coins
in the present day, because of a terrific group and high movie star fan in Tesla CEO and Twitter proprietor Elon Musk. However with cash like Shiba Inu (SHIB), Pepe (PEPE) and Floki Inu (FLOKI) enhancing meme cash’ attraction to buyers, the problem for the highest spot continues to warmth up.
Becoming a member of the fray is Shiba Memu, a undertaking trying to set itself other than different potential DOGE killers with a singular strategy to meme tokens. Discover out extra about
Shiba Memu
on this Dogecoin worth prediction.
DOGE sees “Scooby Doo” pump
Dogecoin, which launched in 2013 as the unique dog-themed meme coin, has one of the crucial passionate crypto communities round it. The “joke” token is at the moment among the many high 10 cryptocurrencies by market cap, and not too long ago popped greater than 5% as Tesla CEO Elon Musk once more
tweeted
concerning the altcoin.
Musk’s tweets about Dogecoin have traditionally elicited response from merchants, with the worth of DOGE and associated tokens comparable to SHIB mirroring these transfer. That gave the impression to be the case when DOGE rallied to its all-time excessive worth above $0.73 in Might 2021. This time, bulls confronted resistance above $0.07. Nonetheless, the quick targets on the upside might be above $0.1 – extra doubtless if markets flip larger amid tailwinds comparable to clear regulation and adoption.
Notably, Twitter nonetheless has Dogecoin as a cost possibility on the platform (the supply code that pointed to
Bitcoin
has since been deleted). Will DOGE proceed to carry onto its meme coin crown with the assistance of occasional Musk-fueled spikes? Or can Shiba Memu flip it?
What’s Shiba Memu?
So far as meme cash go, Shiba Memu plans to leverage
artificial intelligence
and
blockchain technology
to construct a revolutionary, self-sufficient advertising and marketing powerhouse.
The undertaking’s AI dashboard might be powered by SHMU, an ERC-20 token on the Ethereum blockchain. Per the
whitepaper
, the overall token provide is 1 billion SHMU, 85% of which have been made out there for presale because the undertaking appears to deliver collectively a robust group.
For buyers, one factor to notice is that the Shiba Memu token sale will final 8 weeks. Aside from that, its worth will enhance each day at 6pm GMT. It means a brief window through which patrons can diversify their portfolios with SHMU.
Go to Shiba Memu’s
website
should you want to purchase SHMU. (Be aware which you could solely purchase the token from the official presale web page).
Is Shiba Memu distinctive from different meme tokens?
The combination of AI know-how into the meme coin is touted as a possible recreation changer for Shiba Memu. Though meme-centric, the brand new AI-powered undertaking is not going to require or depend on human-driven advertising and marketing efforts and hype for traction throughout the crypto funding house. As a substitute, it’s designed to deliver advertising and marketing brilliance to the meme.
On the coronary heart of the meme coin’s advertising and marketing powerhouse might be its AI-powered dashboard.
In accordance with its whitepaper, the token’s AI Dashboard that’s at the moment underneath improvement will establish its personal advertising and marketing methods, write PRs, and self-market throughout varied social networks and boards. That system is predicted to go stay within the first quarter of 2024 and can supply an ultra-innovative platform from which all customers can entry Shiba Memu’s advertising and marketing methods.
The AI dashboard will leverage pure language processing, predictive analytics and personalization to assist customers keep on high of all the pieces Shiba Memu.
Customers may even be capable to work together with others throughout the community, join and share real-time market updates. They’ll additionally be capable to give suggestions and even share options geared toward selling additional adoption of SHMU.
Is it potential to earn extra Shiba Memu after presale?
Offering liquidity to the Shiba Memu pool is without doubt one of the methods to earn extra SHMU.
Additionally out there might be staking of tokens, whereas buyers are prone to discover the prospect to earn SHMU when their options are adopted, a lovely addition to the funding alternative that comes with the brand new meme token.
Shiba Memu worth prediction
By way of worth, it’s troublesome to say how precisely SHMU will carry out within the subsequent one or two years. Nonetheless, with worth rising all through the presale and the meme coin market nonetheless a robust sector, it’s potential that the worth might be considerably larger than the $0.0244 set to be the ultimate token sale worth. What might assist SHMU worth in 2024-2025?
A advertising and marketing machine that by no means sleeps might be the issue that sees the worth of Shiba Memu proceed to rise when the token launches on main exchanges in Q3, 2024. Additionally doubtless to assist would be the integration with main dApps and platforms in Q1, 2025, with this prospect coming from a rise in SHMU’s utility and adoption.
The large curiosity within the presale, which has raised greater than $1.04 million in lower than three weeks, may also be used as a possible indicator of additional demand down the street. On this case, SHMU above $1 in 2024 is feasible and targets within the vary of $5-$10 might be on the desk by means of 2025.
Whereas optimistic for Shiba Memu, it’s essential to notice that improvement remains to be at an early age and that costs can’t skyrocket through the presale. Additionally, when tokens listing on exchanges, different market elements might impression potential efficiency.
You’ll be able to be taught extra about Shiba Memu
here
.
The publish
Dogecoin cools after “Scooby Doo” spike: Buy Shiba Memu (SHMU)?
appeared first on
Invezz
.