Dogecoin (DOGE), the native coin of the Dogecoin ecosystem, has been one of the worst performers over the past seven days. The leading meme coin has lost more than 5% of its value during that period, with Bitcoin also struggling below $26k. At press time, the price of Dogecoin stands at $0.06027, and if the bearish trend continues, it could drop below the $0.060 mark.
Despite the bearish sentiment in the broader crypto market, Shiba Memu continues to set new records with its presale. Shiba Memu is an exciting Web3 project which combines the powers of blockchain technology and artificial intelligence. It is designed to handle various marketing tasks, including content creation, marketing, social media advertisement, and creative advertisement.
Shiba Memu’s presale continues to reach new highs and recently crossed the $2.6 million region. The funds generated from the presale would be directed towards developing some of their products and services, with most of the funds going to the development of the Shiba Memu AI technology.
At the moment, 1 SHMU =0.026425 USDT and the price increases every day at 6 pm GMT. SHMU began trading at $0.011125 when the presale began and will trade at $0.0244 when the presale ends. The token can be purchased using Ethereum, USDT, BNB and BUSD.
Should you buy Shiba Memu now? It is impossible to predict Shiba Memu’s medium-term price at the moment since the HMU token is still in its presale stage. However, if the project gains the right level of adoption, SHMU’s price could rally over the next few months and years. Furthermore, a rally by the broader crypto market could also see SHMU’s price experience a major boost in the coming months.