• Shiba Memu’s presale has generated more than $1.2 million in its first month, despite poor market performance.
• Shiba Memu is a project that takes advantage of AI and blockchain technology to make it easier for people to create content and market their services.
• SHMU’s price is increasing daily, with the presale set to last for eight weeks.

What is Shiba Memu?

Shiba Memu is an AI-powered project that uses blockchain technology to make it easier for people to create content and market their services. It is designed to handle the tasks of 100 marketing agencies, consuming relevant work and generating better content marketing. Additionally, Shiba Memu has self-sufficient marketing capabilities powered by AI technology, allowing users to generate their own PR and promote themselves across social networks and forums. Currently, Shiba Memu is available on the Ethereum and BNBChain blockchains.

Shiba Memu’s Presale Tops $1.2M

Despite bearish sentiment in the cryptocurrency market, Shiba Memu’s presale has gained immense popularity amongst investors as it surpassed the $1 million mark within its first month of launching its presale. The token’s price continues to increase daily with the presale lasting for eight weeks overall.

Cryptocurrency Market Performance

The cryptocurrency market has underperformed this week as Bitcoin lost more than 2% of its value over seven days – trading at around $29,212 at press time. Other leading digital currencies have also taken a dip in value this week due to these bearish conditions in the market place.

Meme Coins Popularity

Meme coins have gained significant traction over the past two years as they have grown from practically being unknown in 2020 to having a total market cap of over $20 billion by 2021. As such, with meme coins becoming so popular within crypto space, Shiba Memu are releasing their own meme token which could be seen as a better investment option compared to other meme coins due its utility features such as providing users with powerful AI capabilities which can help create effective marketing strategies and promote itself across various platforms simultaneously..

Conclusion

It appears that despite current bearish conditions within the cryptocurrency space, investors are still looking towards innovative projects such as Shiba Memu which offer something different from traditional investments – making them attractive prospects for those looking for diversification opportunities or new ways of generating passive income streams through crypto assets