Saturday, 25 May 2024

Crypto News

Shiba Memu’s presale tops $3.95 million as stage two nears completion

Shiba Memu’s presale tops $3.95 million as stage two nears completion


  • The cryptocurrency market has performed well since the start of the week.

  • Shiba Memu’s presale has now surpassed the $3.95 million mark, with stage two now near completion.

The cryptocurrency market is experiencing a rollercoaster week so far but Bitcoin has maintained its price above the $28k level. Shiba Memu’s presale has now surpassed the $3.95 million mark and stage two will soon be completed.

Shiba Memu begins its $100k giveaway

The Shiba Memu team announced via X (formerly Twitter) on Thursday that its $100k giveaway contest is now underway. The team is seeking away $100k worth of SHMU tokens to the lucky participants as it looks to boost engagement in its project. 

So far, there are over 9,000 entries for the contest with 18 days left. Those holding $100 worth of SHMU are eligible to participate in this contest.

What is Shiba Memu?

Shiba Memu is a meme token project that has attracted hundreds of investors in recent months. The presale has topped the $3.95 million mark and will reach the $4 million milestone soon.

Shiba Memu seeks to develop a platform that will use AI and blockchain technology to create a marketing genius. According to the development team, Shiba Memu will handle the various marketing activities of agencies. The use of AI will ensure Shiba Memu works 24/7 to generate exciting content to help companies and individuals market their products and services. 

The team decided to launch as a meme project following the recent popularity of meme coins like Shiba Inu and Dogecoin. Over the last four years, the market cap of meme coins grew from practically $0 to reach the $35 billion mark in 2023. 

Shiba Memu differs from many meme coins because it offers real-world use cases to its users. Shiba Memu has utility and will solve real-world problems for companies and individuals. 

Users can take advantage of the various marketing features Shiba Memu will offer them. Shiba Memu will develop its own marketing strategies, write its own PR, and promote itself in relevant forums and social networks.

At the…

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