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!🚗
— 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
Shiba Memu’s presale tops $4.5 million
The Shiba Memu presale has been recording massive growth in recent weeks and has now surpassed the $4.5 million mark.
Most of the funds generated via the presale would be directed towards developing the various Shiba Memu products. The Shiba Memu AI technology will take the lion’s share as it will be the primary technology powering the platform.
Click here to find out more about Shiba Memu’s presale event.
Should you invest in Shiba Memu today?
The cryptocurrency market is up by nearly 100% year-to-date. Bitcoin and other major cryptocurrencies have been performing excellently over the last few months. If the trend continues, the market could experience further gains next year.
Shiba Memu could be one of the biggest winners in the upcoming bull run. Shiba Memu’s interest continues to go up as its stage-two presale stage now nears completion.