Most important points
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Shiba Memu’s presale is now approaching the $3.7 million mark.
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The cryptocurrency market is underperforming due to the ongoing geopolitical crisis in the Middle East.
The cryptocurrency market is off to a rocky start this week, with prices of most cryptocurrencies down more than 1%. Despite the current bearish situation, Shiba Memu presales continue to reach new milestones.
Bitcoin drops towards 27,500
Bitcoin, the world’s largest cryptocurrency by market capitalization, has lost 1% of its value in the past 24 hours. At the time of writing, the amount is price of Bitcoin $27,590 per coin. The bearish performance so far this week comes after the geopolitical crisis between Israel and Palestine.
The total cryptocurrency market cap has also fallen to $1.07 trillion. Market analysts expect further volatility in the cryptocurrency market in the coming days.
What is Shiba Memu?
The continued volatility in the crypto market has not dampened interest in Shiba Memu’s presale. The project is now approaching a major milestone and could be completed in the coming days.
Shiba Memu is a meme token project that aims to simplify the way people and organizations interact with marketing campaigns. The project leverages the power of blockchain and AI technologies to deliver real value to users.
Shiba Memu is currently still in the presale phase. However, investors have committed millions of dollars to the project. The presale phase two has now raised almost $3.7 million.
The team explained that it would use blockchain and AI to develop an unstoppable, fully self-sustaining marketing powerhouse. Shiba Memu allows users to conduct a wide range of marketing activities.
Shiba Memu will also be operational 24/7 thanks to the use of AI. The technology will continuously work to identify ideal creative scenarios and develop excellent marketing campaigns for users.
Its launch as a meme project follows the rise in popularity of meme coins over the past three years. Meme coins have become important in the crypto industry, growing from a market cap of $0 in 2019 to $32 billion in 2023.
Shiba Memu differs from thousands of other meme projects thanks to the fact that it offers real-world examples. When using Shiba Memu, the AI helps users develop their marketing strategies, write their PRs and promote their services and products on relevant forums and various social media platforms. Shiba Memu is currently active on BNBChain and Ethereum.
Shiba Memu presale is approaching $3.7 million
The cryptocurrency market has been bearish since the beginning of the week, but the investment in Shiba Memu continues to grow. The project is currently in its second presale phase and has raised $3.692 million to date. At this rate, Shiba Memu could soon reach the $4 million mark.
With the funds obtained from the presale, Shiba Memu will develop its AI technology and a range of other products.
click here for more information about Shiba Memu’s presale event.
Invest in Shiba Memu now?
The decision to invest in a project lies with the investor. However, investors should do in-depth research on a project before investing in it. Shiba Memu has proven to be a unique meme project and could achieve mass adoption in the short term.
Shiba Memu helps users handle marketing campaigns with ease. Shiba Memu’s SHMU token could soar higher in the coming months and years once it gets listed on exchanges and gains the right level of acceptance.