Shiba Memu’s presale tops $4.5 million as $100k giveaway continues

Key takeaways

The cryptocurrency market has performed well this month, with altcoins rallying higher. Shiba Memu’s presale continues to reach new milestones and has now crossed the $4.5 million mark.

Shiba Memu continues its $100k giveaway

The Shiba Memu team announced via X (formerly Twitter) earlier today that its $100k giveaway contest is still ongoing. The team is seeking away $100k worth of SHMU tokens to the lucky participants as it looks to boost engagement in its project. According to the team, those holding $100 worth of SHMU are eligible to participate in this contest.

Rev up with Shiba Memu’s $100K giveaway!🤑

It’s a high-octane presale race, and the finish line could be your jackpot moment.🏁

Buckle up and hit the gas!🚗

😈ENTER NOW: https://t.co/6C0EDwsVsp #Giveaway pic.twitter.com/vluHWjrlQe

— Shiba Memu (@shibamemu) November 20, 2023

What is Shiba Memu?

Shiba Memu is a meme token project that aims to become a leader in its industry. So far, the project has raised more than $4.5 million and might reach the $5 million milestone soon.

According to their whitepaper, Shiba Memu will launch a platform that will leverage AI and blockchain technology to ease marketing activities for individuals and entities. 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.

Shiba Memu will be launched as a meme token following the recent popularity of meme coins like Shiba Inu and Dogecoin. Over the last three year years, the market cap of meme coins grew from practically $0 to reach the $35 billion mark in 2023.

There are thousands of meme coins with no real use cases. However, Shiba Memu differs in that it offers real-world use cases to its users. The platform has utility and will solve real-world problems for companies and individuals.

Users can enjoy various marketing features offered by Shiba Memu. The project will help users develop their marketing strategies, write their PRs, and promote their services on relevant forums and social networks.

At the moment, the project operates on two major blockchains, Ethereum and BNB Chain