Shiba Memu tokens on meme craze

• Shina Inu has risen by over 6% amid positive Shibarium news.

• Shiba Memu benefits from the meme craze as it raises $1.5 million.

• Shiba Memu has huge potential from its AI application.

Meme cryptocurrencies continue to attract interest despite crypto markets remaining mixed. A few weeks after launching a presale, investors bought over 50,000,000 tokens of Shiba Memu (SHMU). The AI and blockchain-led project has generated nearly $1.5 million. Is this an indication of the growing popularity of meme cryptocurrencies?

Shiba Inu is the top gainer among the top 20 cryptos

Perhaps underlining the interest in meme cryptocurrencies is Shiba Inu. Unlike Shiba Memu, Shiba Inu has been in the meme space for a while. The cryptocurrency has attracted praise and criticism in equal measure. For critics, Shiba Inu carries little or no value. 

The delayed launch of Shibarium has been a particular source of criticism. Shibarium is expected to give Shiba Inu more utility. This includes powering the project’s metaverse dream. For enthusiasts, Shiba Inu can take on established blockchains and cryptocurrencies. 

As such, Shiba Inu has witnessed wild price swings on changing investor sentiment. However, Shiba Inu is the top-gaining cryptocurrency this week among the top 20 peers. In the past week, the cryptocurrency has added over 6%. The gains are about half its closest top gainer, BNB, with 3.30%.

The gains in Shiba Inu came when the Shibarium Beta Bridge went live for public testing. Enthusiasts have reacted to the developments, which suggest Shibarium is well on course. But meanwhile, Shiba gains underline that investors are still banking on tokens that drive overnight hype. The fast-selling Shiba Memu presale partly underlines this sentiment. 

Why is the Shiba Memu presale in high demand?

 Like any other meme cryptocurrency, Shiba Memu is benefiting from investor demand. These tokens rise at the slightest of news, returning big to its early movers. But Shiba Memu is crafting a niche that investors are banking on.

Shiba Memu is a self-marketing cryptocurrency. It leverages artificial intelligence to market itself and generate hype. By leveraging AI, Shiba Memu aims to become self-sufficient. This creates a unique investment opportunity as it can deliver consistent results. 

Shiba Memu enters the meme space when the application of AI is rising….