• Bitcoin is currently trading around $29k per coin, and market experts believe it could dip lower in the near term.
• Shiba Memu’s presale has hit $1.5 million after selling more than 52 million SHMU tokens, setting a new record despite bearish market conditions.
• Shiba Memu seeks to combine blockchain technology and artificial intelligence to facilitate content creation and marketing campaigns.
Bitcoin Price Outlook
Bitcoin is still trading around $29k per coin and could dip lower in the near term. The world’s leading cryptocurrency by market cap is struggling around the $29k region, and market experts believe it could dip lower in the near term. Bitcoin has lost more than 1% of its value so far this week and is now trading at $29,119 per coin. Ether, Dogecoin, Solana, XRP, and other leading cryptocurrencies are all down by more than 2% so far this week.
Shiba Memu’s Presale
Shiba Memu has continued to set new records with its presale despite the bearish market conditions. The team has raised more than $1.5 million so far, with more than 52 million tokens sold.
What is Shiba Memu?
Shiba Memu is an exciting project in the cryptocurrency space that seeks to combine the powers of blockchain technology and artificial intelligence. With the rise of AI, their applications have become vast globally. Shiba Memu is a project that wants to leverage AI and blockchain to make it easier for people and organisations to create content and roll out marketing campaigns. In their whitepaper, the team explained that Shiba Memu could handle the task of numerous marketing agencies as an AI tool which will work 24/7 to find the best work going on in creative advertising while consuming it simultaneously generating better content marketing solutions..
Popularity of Meme Projects
The idea to launch as a meme token has to do with the recent popularity of meme projects in the cryptocurrency space within two years; its market cap grew from practically $0 to $20 billion in 2022 alone making it one of most popular forms of cryptocurrencies today.. What makes Shiba Memu different from other meme token projects is that it had adopted Artificial Intelligence (AI) into its platform which makes content generation faster and efficient..
Despite current bearish trends across major cryptocurrencies such as Bitcoin ,Ether , Dogecoin ,Solana ,XRP etc., Shibe Muemue continues to break records through its impressive pre-sale performance raising over 50 million dollars worth of investments .The project which seeks combine blockchain technology with Artificial Intelligence (AI) will be looking forward towards achieving greater success levels during future phases