Shiba Memu price prediction as presale rakes in over $215k

Key takeaways

  • Shiba Memu has generated more than $200k in its presale stage.

  • The team increases SHMU’s price daily, with the presale event set to last for eight weeks. 

Bitcoin has maintained its value around the $30k level for the last two weeks. In addition to Bitcoin, other leading cryptocurrencies have performed well during that period.

The positive performance saw the total cryptocurrency market cap reach the $1.2 trillion mark for the first time this year.

Shiba Memu is currently in its presale stage and has raised more than $200k so far. The development team increases the token price daily, and it could rally higher once the token gets listed on cryptocurrency exchanges. 

What is Shiba Memu?

Shiba Memu is a cryptocurrency token combining AI and blockchain technology to create an unstoppable, entirely self-sufficient marketing powerhouse.

The team claims that Shiba Memu can do the work of 100 marketing agencies. Unlike marketing agencies, Shiba Memu is always active. It is working all the time, finding the best work going on in creative advertising, eating it up and spitting it back out, but better.

The meme coin industry has experienced massive growth over the past three years. In 2020, meme coins were practically unknown in the crypto ecosystem but grew to a market cap of over $20 billion in 2022. 

Shiba Memu seeks to be a leading meme coin and intends to achieve this, thanks to its utility. According to their whitepaper, Shiba Memu has self-sufficient marketing capabilities powered by AI technology, making it a unique and attractive investment.

The team pointed out that Shiba Memu will create its own marketing strategies, write its own PR, and promote itself in relevant forums and social networks.

Shiba Memu combines the powers of AI and blockchain technology, making it different from the plethora of meme coins currently available in the cryptocurrency market. 

At the moment, Shiba Memu operates on Ethereum and BNB Chain, the two leading DeFi blockchains in the cryptocurrency space. 

Shiba Memu’s presale tops $215k

Shiba Memu is already gaining traction in the cryptocurrency space. The project’s presale is already on, and the team has raised $215,000 so far. Shiba Memu will use the proceeds from the presale to develop some of its products. 

According to the team, most of the funds would be used to develop Shiba Memu’s AI technology. In its whitepaper, the team explained that Shiba Memu’s AI technology lets it engage with users directly. There will be a robotastic dashboard to interact with the AI, provide feedback, make suggestions, and ask questions. 

Click here to find out more about Shiba Memu’s presale event.

Shiba Memu price prediction

At the moment, it is impossible to accurately predict Shiba Memu’s price since the meme token is still in its presale stage. At the moment, 1 SHMU = 0.011575 USDT. 

However, the development team revealed that a major difference between this project and others is that Shiba Memu’s price increases every day at 6 pm GMT.

SHMU is set to trade at 0.011800 USDT tomorrow. The amount it increases varies, but it will over double in price throughout, with the presale starting at $0.011125 and ending at $0.0244. Users can purchase the SHMU token using Ethereum, USDT, BNB and BUSD

Should you invest in Shiba Memu today?

The decision to invest in a token depends on the investor. However, Shiba Memu could be an interesting cryptocurrency project. 

Combining AI and blockchain technology to ease marketing strategies for companies and organisations, Shiba Memu is one of the meme tokens with excellent use cases. 

SHMU, the native token of the Shiba Memu ecosystem, could record massive gains in the medium to long term if the team delivers on its products.

Furthermore, Shiba Memu could benefit from a market rally. The crypto market has been bullish since the start of the year, with the prices of most coins and tokens up by more than 40% during that period.

If the fundamentals of the market continue to improve, SHMU could record excellent growth once it starts trading on cryptocurrency exchanges.

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Bitcoin Cash price prediction as Chancer presale hits new record

Key takeaways

  • Bitcoin Cash could experience further pullback after its recent rally.

  • Chancer’s presale surpasses $600k roughly a month after launch. 

Bitcoin Cash was the best-performing coin amongst the top 100 cryptocurrencies by market cap over the past 30 days. After rallying by more than 200%, Bitcoin Cash has slightly retraced.

Will Bitcoin Cash resume its upward trajectory soon, or will it shed off some of its gains in the near term? 

Bitcoin Cash rallies by more than 200% in 30 days

Bitcoin Cash was the best performer amongst the top 100 cryptocurrencies by market cap in recent weeks. BCH was trading around $110 at the start of June but rallied to the $320 mark by the end of last month.

Since reaching $320, Bitcoin has slightly retraced, losing more than 10% of its value during that period. At press time, the price of Bitcoin Cash stands at $283 per coin. 

Technical indicators show that Bitcoin Cash could embark on a bearish run in the near term. BCH could retreat after hitting the extreme greed zone.

The pullback could see Bitcoin Cash test the next key support at $210, which is the 25-day moving average. However, Bitcoin Cash could continue its upward trajectory if Bitcoin and the broader cryptocurrency market maintain upward momentum in the near term.

What is Chancer?

One of the projects that could record excellent adoption in the cryptocurrency space is Chancer. Chancer is a unique Web3 peer-to-peer (P2P) custom betting platform designed to enable users to live stream betting events. 

Chancer operates differently from the other betting platforms due to its decentralised nature. It allows users to bet on numerous events, beyond the sporting and popular ones. 

Chancer is currently in its presale stage, and the developers have earmarked the funds to build a P2P betting platform. The platform would allow users to enjoy betting markets in real time and based on user interests, social media connections, and expertise. 

According to their whitepaper, Chancer seeks to eliminate the challenges users experience due to bookmakers. With Chancer, users can set their own custom P2P betting markets using its decentralised platform. 

One of the most important features of Chancer is that it supports betting far beyond the sporting and popular events users find on centralised betting platforms. 

In addition to traditional sport betting activities, users can bet on any event they desire, whether mainstream or made-up. It doesn’t matter the event, users can bet on them on Chancer. 

Chancer’s presale surpasses $600k

Chancer will hold 12 presale events, and the first one is coming to an end soon. The Chancer team has raised more than $600k so far, reaching more than 60% of the target.

Chancer will use the funds to develop its suite of products. By the end of the 12 presale events, Chancer intends to raise $15 million in total. 

At the moment, CHANCER, the native token of the Chancer ecosystem, is going for $0.01 BUSD per token. 

CHANCER will power various activities on the Chancer betting platform. Holders of the CHANCER token can create markets and invest in markets created by other users. In addition to that, the token could allow users to create, participate in, and profit from their very own predictive markets. 

Anyone can participate the in the presale event, as users only need to connect their wallets to the platform. The supported wallets include Trust Wallet, MetaMask, Coinbase Wallet, and Rainbow. 

Visit the Chancer website to get more information about the presale. 

Should you invest in Chancer now?

Bitcoin and the broader crypto market have been performing well since the start of the year. The recent spot Bitcoin ETF filings by BlackRock, Fidelity, and Valkyrie, has increased optimism in the market.

With more institutional and retail investors entering the market, this might be a good time to invest in strong projects and unlock gems within the Web3 ecosystem. 

Chancer is one of the projects that could become a hit in the market. Launching a decentralised betting platform could see Chancer gain massive adoption in the medium to long term. 

The presale is still in its early stages, and CHANCER’s price could soar once the token lists on numerous decentralised and centralised trading platforms. 

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