Shiba Inu on a massive leap to $0.00001 as meme interest boosts Shiba Memu

November 13, 2023 06:07 AM PST | By Invezz

Shiba Inu on a massive leap to $0.00001 as meme interest boosts Shiba Memu — Image source: Invezz

Shiba Inu’s strengths an indication of buying interest

Shiba Inu price gains have been fueled by a rising number of addresses accumulating the crypto token. According to Glassnode, addresses buying Shiba Inu have outgrown those selling in the past month.

An increase in buyers reinforces a bullish bias happening on Shiba Inu. The token rose from October lows of $0.00000664 and is now trading at $0.0000088. The current level is a correction from a high of $0.0000096 over the weekend.

Should Shiba Inu’s strengths continue, a psychological resistance of $0.00001 will likely be the new target. The gains could boost the rest of the meme sector, helping presale project Shiba Memu.

Is Shiba Memu a quality meme project?

Shiba Memu might be a new kid on the block, but the enthusiasm it generates highlights the potential. The investors have bought millions of dollars worth of the token ahead of its crucial listing. Of essence is the FOMO the token has generated, given its quality features and road map.

Forget about the Musk-inspired rally on Dogecoin. Or the upcoming Shiba Inu metaverse that pops up the token only for its later to fall on dying sentiment. Shiba Memu will ingeniously market itself online, generate online chatter, and spark interest. This could enable it to have persistent price increases.

Unlike leaders like Dogecoin and Shiba Inu, Shiba Memu deploys AI to achieve a competitive edge. The AI enables Shiba Memu to write its own PR and self-promote on social networks. Shiba Memu will also learn from its successful marketing strategies, becoming more clever and powerful. The AI use makes Shiba Memu sustainable and potentially highly ROI investment.

Should you invest in Shiba Memu?

Regarding investment decisions, a couple of factors come into play. However, the potential return is the most important, especially for meme cryptocurrencies.

If we look at some of the most successful meme cryptocurrencies, returns have been supernormal. Think of the parabolic move of PEPE this year, the Doge and Shiba Inu rally in 2021, and the like. Meme cryptocurrencies have been an exciting lot, generating above-average returns.

But one would also be careful, given that meme rallies can be short-lived and massive losses can be incurred. Shiba Memu aligns with the AI trends while tapping into more exciting use cases for social engagement. Users can access an AI dashboard to ask questions, give feedback, and initiate discussions.

Shiba Memu can replicate the speculative momentums of meme cryptocurrencies but remain sustainable. An early demand in the presale suggests the speculative value of the token is immense. Similarly, AI use means Shiba Memu can continually reinvent itself, becoming a reliable investment.

About Shiba Memu presale

Shiba Memu has been on presale for a couple of weeks. The presale is 46 days from its last day, an extension after the previous phase ended.

An exciting feature of the Shiba Memu presale is persistent token price increases. The token’s price increases daily at 6 PM, allowing early backers to earn returns before listing.

After the presale, the team will embark on listing on major exchanges. The listing will increase the accessibility of SHMU, unlocking liquidity and helping in price discovery.

From the listing, the team will embark on developing the AI marketing dashboard and other features. The actualisation of the project will enable Shiba Memu to see increased flows due to demand. This will be the precursor for long-term gains beyond the speculative value of Shiba Memu. Investors can learn more about the project on its webpage, including its exciting roadmap.

The post Shiba Inu on a massive leap to $0.00001 as meme interest boosts Shiba Memu appeared first on Invezz

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.