- Shiba Memu, a new meme coin backed by AI, exceeded $2 million during its presale launch month and will soon list on BitMart.
- The coin employs AI with NLP and Sentiment Analysis to promote itself, scheduled to release an AI dashboard in Q4.
- Robust tokenomics: 85% for presale, 10% for liquidity, and 5% for development, positioning it as 2023’s top meme coin to invest in on Invezz.
The dynamic world of cryptocurrencies and meme coins has another player that has reached significant heights today. Shiba Memu, a new cryptocurrency meme coin supported by AI, has caused a massive stir as its presale surpassed the $2 million fundraising milestone. To add zest to these astounding figures is the news that it will be listing on BitMart, a renowned crypto exchange platform, soon. All this during the first month of the presale launch? Well, it is indeed pretty impressive.
The AI of Shiba Memu stems from the team’s previous experience with extensive marketing agency fees. Due to the dire circumstances, Shiba Memu decided to develop a self-promoting AI solution that would be capable of adopting a wide variety of practical applications.
Crediting to the well-crafted smart contracts is the fact that, at present, Shiba Memu’s price has experienced increments. Currently, the meme coin is at $0.021700 per token. This mechanism is indeed appealing to presale supporters since it ensures that the token purchase price remains lower than the eventual listing price. To understand this concept, suppose that if the coin was purchased today, it would be $0.021700; by the end of two months of the presale, the price would have increased 10%.
Shiba Memu to Unleash AI
The success of this token can be credited to its untapped AI. In its primary stages, the AI employs Natural Language Processing (NLP) and Sentiment Analysis to scour the web while primarily focusing on social platforms and the mention of Shiba Memu. Once the analysis has been formed, it tailors its promotions accordingly, thereby transforming the brand from a simple and cute dog name to an amusing one.
Since investors have always been skeptical about meme coins, it is interesting to note that the upcoming AI dashboard has been scheduled for Q4, and many are now believing in its tangible utility.
The tokenomics of the project showcases a solid framework, with 85% of tokens set aside for the presale, 10% for liquidity during exchange listing, and 5% for ongoing development. Such distribution allows SHMU holders a significant role in the dApp’s future evolution.
All in all, the crypto community should hold their seat belts tight since this token is surely taking us places. With being showcased as the best meme coin to buy in 2023 on Invezz, the future seems bright for this one.