Shiba Memu Announces BitMart Listing As Presale Soars Past $1.5M Milestone

chainwire

Shiba Memu, a buzzing new AI-backed crypto meme coin, is creating more stir as it surges past the $1.5 million fundraising milestone and makes its exchange announcement debut with a BitMart listing – all within just one month of its presale starting.

Getting listed on an established exchange like Bitmart, a significant player since 2017 that showcases an impressive roster of over 1500 cryptocurrency pairs, underscores a smart strategic play for the project.

The main idea behind Shiba Memu’s AI was born out of the team’s experiences with excessive marketing agency fees in previous business endeavors. This motivated them to take the initiative, developing a self-promoting AI that can scale into a variety of practical applications.

The tangible concept, combined with the appealing Shiba Memu mascot, has fueled a wave of interest from investors and crypto enthusiasts who recognize the long-term potential of the project.

Shiba Memu is currently priced at $0.0181, with a scheduled price increase every 24 hours, courtesy of the team’s expertly programmed smart contract. This enticing mechanism is especially appealing to presale fans, as it guarantees the token purchase price will always be lower than the eventual exchange listing price. For example, if you bought today at $0.0181 the increase by the end of the presale on day 60 would be 35%.

SHMU tokens are available to purchase on the official Shiba Memu website here.

Why is Shiba Memu Trending? 

Shiba Memu’s notable success can be attributed to the untapped potential of its AI. Still in its early stages, the AI employs Natural Language Processing (NLP) and Sentiment Analysis to scan the web, primarily focusing on social platforms, for Shiba Memu mentions and tailors its promotions accordingly.

This has transformed the brand image from a simple cute dog meme to a funny and engaging dog meme with a sharp sense of humor! The glimpse into the project’s future, and the forthcoming AI dashboards scheduled for Q4, are whetting investor appetite for meme coins with tangible utility.

The project boasts a healthy outlook in its tokenomics, with 85% of tokens being dedicated to its presale, 10% to exchange listing liquidity and 5% to development – putting real power in the hands of SHMU owners in the future development of the dApp.

Crypto Community Backing Is Driving Shiba Memu Engagement Through the Roof

With more and more hard-hitting YouTubers getting involved with the project, it’s no wonder that global enthusiasm for the project is growing by the day.

Prominent Youtuber NFTsGuide, with over 700K followers recently described the project as a ‘AI Marketing Powerhouse’, which again goes to show how the developers premise of building self-marketing tech is relatable to not only investors but crypto enthusiasts.

Some have even speculated that Shiba Memu is in the running to dominate other memes, with Crypto Moonlight’s channel suggesting this could be an interesting opportunity for those who missed out on PEPE and others like Austin Hilton making some bold price predictions and calculations about how much SHMU investors would need to hold to hit significant ROI.

The rapidity with which word has spread and the interest it’s gauged from seasoned hands like those above goes to show that the marketing tactics implemented so far are gaining serious traction – it will be interesting indeed to see how this one plays out.

Now on day 32 of the presale which is scheduled to run for 60 days, at which time the price will have increased 119% from $0.011125 to $0.024400, Shiba Memu is truly racing ahead – time is running out for investors looking to get involved.

About Shiba Memu

Shiba Memu (SHMU) is a fresh dog-themed crypto meme coin that supports a platform utilizing AI to promote itself and generate buzz in online communities. This technology is poised to gain traction within the blockchain industry in the coming years, establishing Shiba Memu’s position as an industry innovator. The innovative AI technology behind the project demonstrates true innovation in the meme coin sector, offering small and medium-sized businesses access to effective marketing solutions that could significantly cut costs and provide competitive advantage.

Learn more about this innovative AI-powered dog meme on the official website.

Read this next

Digital Assets

Bybit exits UK market ahead of regulatory changes

Bybit is suspending its cryptocurrency services for users in the United Kingdom due to impending regulations from the country’s Financial Conduct Authority (FCA).

Digital Assets

Binance argues SEC trampled authority set by Congress

Binance, Binance.US, and Changpeng Zhao have jointly filed to dismiss a lawsuit brought by the Securities and Exchange Commission (SEC) in June.

Uncategorized

Oscar Asly replaces Rasha Gad as CEO of M4Markets Dubai

Seychelles-regulated brokerage firm M4Markets has secured a license from the Dubai Financial Services Authority (DFSA) after it has already incorporated its new subsidiary in the Dubai International Financial Center (DIFC).

Retail FX

Capital Index UK reports mitigated loss despite revenue drop

FCA-regulated brokerage firm Capital Index (UK) Limited has released its annual financial report for the year 2022.

Digital Assets

Mike Novogratz’s Galaxy Digital expands in Europe

Galaxy Digital, the New York-based cryptocurrency financial services company founded by Mike Novogratz, is expanding its presence in Europe by appointing Leon Marshall as its first European CEO.

Metaverse Gaming NFT

Turingum Partners with MarketAcross to Drive Web3 Adoption in Global and Japanese Markets

Global blockchain PR leader MarketAcross joins forces with Japanese Web3 specialist Turingum to mutually expand its market reach, aiming to fortify Turingum’s worldwide footprint and MarketAcross’s presence in the lucrative Japanese blockchain landscape.

Digital Assets

Binance to delist all stablecoins in Europe next year

During a public hearing with the European Banking Authority (EBA), an executive from Binance said that the exchange could ultimately delist stablecoins from its European platforms by June 30, 2024.

Industry News

“Unconscionable conduct”: ASIC fines National Australia Bank $2.1m for overcharging customers

NAB faces a $2.1 million penalty for unconscionable conduct, as the Federal Court rules the bank knowingly overcharged customers, and took over two years to rectify the situation.

<