- Shiba Memu presale was prolonged for the second time, with the ultimate date now December 30.
- Curiosity within the challenge has been big, with over $4.37 million raised up to now.
- The Shiba Memu price may rise sharply when the token launches on high exchanges subsequent 12 months.
Crypto merchants and traders are sizing up the marketplace for what may very well be defining alternatives on this bull cycle. Though the flagship cryptocurrency Bitcoin is predicted to guide the brand new bull market, just a few initiatives are rising to problem established altcoins for the breakout coin or token this cycle.
One in every of these may very well be Shiba Memu (SHMU), whose presale simply obtained prolonged as demand pushed complete funding raised to over $4.37 million.
What’s Shiba Memu?
Shiba Memu seeks to develop into one of many high cryptocurrencies available in the market when it launches subsequent 12 months. Per the challenge’s whitepaper, the brand new meme coin has built-in AI to create a advertising and marketing powerhouse.
On this case, Shiba Memu may have a 24/7 advertising and marketing strategy, with pure language processing and predictive analytics a part of the expertise that may drive the AI dashboard. Apart from publishing its personal press releases and feeding these to related boards and social media platforms, the AI dashboard will constantly alter to higher its efficiency.
Token holders may also be capable to interact with the AI dashboard instantly, offering suggestions and options that the robotastic dashboard will act upon to the good thing about the community.
Shiba Memu presale prolonged
The Shiba Memu community is powered by SHMU, which, whereas it falls underneath the class of meme cash like Dogecoin and Shiba Inu, comes geared up with key options like staking so as to add to the general utility. Early fowl traders have an opportunity to purchase this token throughout its presale.
Though an earlier extension had the Shiba Memu presale penned for an October 31 shut, demand from throughout the market has seen this now prolonged to December 30. It means SHMU might be obtainable on the doubtless low costs of the sale provide for one more 60 days.
An announcement from the staff posted on X on October 31 notes that this wasn’t “just another extension,” however a “strategic move” aimed toward positioning SHMU for potential itemizing on Tier 1 exchanges. It additionally permits the challenge to fortify its group, an important cog for any challenge.
Shiba Memu price prediction
The Shiba Memu whitepaper earmarks 85% of the entire provide of 1 billion SHMU tokens for presale. At its launch, the token’s presale price was $0.011125, and has an progressive function that sees a day by day enhance at 6 pm GMT. It means traders may see how lengthy they’d earlier than the subsequent price spike.
At present, SHMU is priced at $0.039250 and is predicted to hit $0.039475 within the subsequent stage. This systematic strategy to day by day pricing will proceed till December 30.
Analysts challenge the cryptocurrency’s price may then rise considerably when the token lists on main exchanges. For example, this outlook may very well be strengthened if a tier 1 exchnage like Binance have been to checklist SHMU – a transfer that has lately seen Memecoin (MEME) and Ordinals (ORDI) costs skyrocket.
Notably, bullish forecasts for SHMU are primarily based on a number of important components, together with the AI narrative, anticipated crypto bull market and Shiba Memu’s progressive strategy to meme cash.
An identical prospect for Shiba Memu may imply a spike above $0.1 after the tokens hit the secondary market. If it occurs, the $0.5-$1.00 price vary within the second half of 2024 could be attainable.