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Meme cryptocurrencies: an exciting asset class known to generate overnight fortunes for its investors. That is the exact situation for BONK investors, who saw over 40% gains after Coinbase announced its listing. The gains in the Solana-based meme coin tell one thing: investors are always looking for the next top asset. Could it be Shiba Memu (SHMU)? It may be yes or no – but the presale milestone shows it’s a token worth every attention.
What happened?
Coinbase announced it would list BONK on Thursday, fueling interest in the meme token. Once listed, BONK will be the third largest meme after Dogecoin and Shiba Inu on the exchange. Coinbase said on Thursday, ahead of the anticipated listing:
“Once sufficient supply of this asset is established, trading on our BONK-USD trading pairs will launch in phases.” Coinbase added that BONK support could be limited in some of its supported regions.
BONK support is positive, given that Coinbase tends to be selective on the tokens they list. It comes when its peers, such as Binance, face regulatory pressure. As a compliant entity, Coinbase adds optimism and legitimacy to BONK, helping its price to rise.
Countdown to presale fueling FOMO for SHMU?
It is crucial to examine BONK’s gains in the overall popularity of meme tokens. 2024 is shaping up to be an interesting year for the meme sector, with new entrants such as Shiba Memu. For most meme lovers, Shiba Memu appears as a new kid on the block that gives a different vibe through AI.
After several weeks of presale, the Shiba Memu team is ready to take the token to the next stage – listing. However, this won’t happen until at least the 16th day, when the presale concludes.
Guess what? Over $4.7 million have been raised to kickstart the new meme project. FOMO is building as investors grab a share of the tokens before they become available on exchanges. But why are investors so much interested in the new meme token?
Shiba Memu: a self-marketing powerhouse
Forget about utilities, use cases, and listing on the best exchanges for a while. Meme cryptocurrencies are known to gain traction on positive news and other sorts of publicity. Shiba Memu aims to take this game further by leveraging AI to build powerful marketing and advertising.
The project can write its own marketing copy and promote itself on social networks and forums. It does this repeatedly, 24/7. What’s more? Shiba Memu can learn from its successful interventions and improve on its shortcomings. As time goes by, Shiba Memu can become more intelligent and powerful. Consequently, the project will achieve sustainability and high ROI for its backers.
But then imagine being able to query the AI and get instant answers to all your questions and concerns. You can ask Shiba Memu about its marketing activities through an AI dashboard. You might also give feedback, make suggestions, or build engaging interactions. With the use case, Shiba Memu aims to become community-centred, growing in popularity and value.
Should you buy Shiba Memu this week?
The verdict is out – Shiba Memu could be exciting for investors looking for an out-of-the-ordinary meme asset. As the Q1 2024 listing beckons, investors might want to grab a chance that is two weeks to end. That’s not all?
Shiba Memu’s presale has been a better opportunity an hour now than a day later. The token’s value increases each day at 6 PM GMT. Of course, a huge chunk of earnings has been made since the presale started at $0.011125. But a lot is remaining before the presale concludes. The token is attractively priced at $0.047575, and there is still time before the price rises on listing.
The post Meme vibe: BONK skyrockets 40% on Coinbase listing as Shiba Memu presale crosses $4.7M appeared first on Invezz
