Investor FOMO has driven the Shiba Memu presale to reach nearly $4 million. To discover what makes Shiba Memu unique compared to other meme tokens and whether or not it is a good investment, read on.
The presale was extended due to the huge demand from the community. Now, the Fear of Missing Out (FOMO) is spurring the investors’ interest in cryptocurrency, as the bullish market sentiment is maintained and the presale period comes to an end.
The initial enthusiasm for this project may have been due to its potential, as well as its uniqueness from the other meme tokens. Investors have put millions of dollars into the project through the Shiba Memu (SHMU) presale. The initial launch period was 60 days, but was extended until October 31.
The countdown for the presale has been reduced to just seven days and the daily price increases are programmed to move towards the final price of $0.0379. This could push the total amount raised to over $4 million. According to the official presale website, investors have already allocated $3.996,517 for SHMU positions.
Shiba Memu is a new meme token, aiming to use blockchain technology and artificial intelligence (AI) to create a unique cryptocurrency project. The whitepaper explains how the company intends to use AI to build a self-sustaining marketing ecosystem.
Unlike other tokens, it does not rely on celebrity and influencer hype for traction. The AI dashboard built by Shiba Memu allows the team to create a 24/7 marketing machine. When the Shiba Memu presale ends, the native SHMU token is set to be listed on some of the world’s largest cryptocurrency exchanges.
The AI marketing tool, which allows users to take advantage of the token’s utility and push prices higher, will be launched in the next quarter. This will be followed by Machine Learning, launch of AI dashboard, and integration with decentralised apps (dApps).
If the token engages with these developments, it could be part of the next bull-cycle gems. Investors who place a bid in the presale may experience the greatest return should the Shiba Memu Token rally.
