Shiba Memu’s presale nears $4.5m: Should you invest in the project now?

Key takeaways

• Shiba Memu’s presale is now closing in on the $4.5 million mark.

• Bitcoin is trading close to the $35k level once again as bulls continue to stay in charge. 

The cryptocurrency market has been in a bullish mode over the last two weeks, with Bitcoin and other altcoins rallying higher. Shiba Memu’s presale continues to push forward, with more than $4.3 million raised so far. 

Bitcoin targets $35k

Bitcoin, the world’s leading cryptocurrency by market cap, is up by less than 1% in the last 24 hours. At press time, the price of Bitcoin stands at $34,796 per coin. The broader market has been performing excellently over the last two weeks. 

The total cryptocurrency market cap is now above the $1.2 trillion mark. Altcoins have also been rallying over the last couple of days. 

What is Shiba Memu?

The broader cryptocurrency market has been rallying over the last few days, and Shiba Memu’s presale has also attained new milestones. The project is now approaching an important milestone and could be achieved over the next few hours or days. 

Shiba Memu is a meme token project that wants to help individuals and entities handle marketing campaigns. Shiba Memu will leverage blockchain and AI to offer marketing services to users.

Currently, the project is still in its presale stage, and investors have already poured in millions of dollars. Shiba Memu has now raised nearly $4.4 million. 

According to the team, Shiba Memu will leverage blockchain and AI to develop an unstoppable, entirely self-sufficient marketing powerhouse. With this platform, users can carry out a wide range of marketing activities. 

As an AI-powered platform, Shiba Memu will be active 24/7. Furthermore, the platform can identify ideal creative scenarios and develop excellent marketing campaigns for users.

Shiba Memu is launching as a meme token to take advantage of the hype around meme projects. Meme coins have become important in the crypto industry, growing from a market cap of $0 in 2019 to $35 billion in 2023. 

Shiba Memu is offering utility to users, making it a better alternative to some of the thousands of meme coins available. The Shiba Memu AI technology will help users develop their marketing strategies, write their PRs, and promote their services and products on relevant forums and various social media platforms. Currently, the project is available on the BNBChain and Ethereum blockchains. 

Shiba Memu’s presale nears $4.5 million

The broader crypto market has been bullish over the last two weeks thanks to spot Bitcoin ETF optimism. Investment in Shiba Memu continues to increase as more investors troop in. 

The project has raised $4.359 million so far. At this rate, Shiba Memu could hit the $4.5 million mark soon. The team will use the funds to develop its AI technology and a suite of other products. 

Click here to find out more about Shiba Memu’s presale event. 

Should you invest in Shiba Memu now?

Shiba Memu could be an excellent project thanks to its unique approach to the market. The token could gain massive adoption over the coming months or years, and that could see its price soar higher. 

The platform helps users to handle marketing campaigns with ease. Its SHMU token could rally higher in the coming months and years following its listing on cryptocurrency exchanges.