$4.3 million raised in presale. Is Shiba Memu set to explode in 2024?

  • Shiba Memu has raised $4.35 million amid a high-flying presale.

  • The price of Shiba Memu increases every day, delivering high ROI to early investors.

  • The value of Shiba Memu will be unlocked when the token debuts on exchanges.

As investors grow anxious about the much-anticipated Shiba Memu listing, the presale attracts more demand. The project has raised $4.359 million, a statement of the token’s potential. But how much can this token rise once listed? To get more details on the presale, you can visit the project’s webpage.

Why has Shiba Memu been spectacular in the presale?

The high demand for Shiba Memu is not by accident. Shiba Memu is the first meme project to use AI to build self-sufficiency and attain a high ROI. The project uses AI to run its marketing campaigns, enabling it to dominate online chats and attract demand. The approach differs from other meme coins, which depend on human marketing to gain traction. 

Shiba Memu will reinvent itself using AI features such as machine learning and sentiment analysis. The AI can identify market opinions on social platforms and use them to create tailored messages. This way, Shiba Memu generates interest and counters adverse messages. 

Shiba Memu is also a social meme project. Users can access an AI dashboard to learn about Shiba Memu and its marketing activities. On the AI dashboard, users ask questions and propose improvements to the project. Users earn SHMU for their contributions, incentivising them to continue building Shiba Memu. 

About Shiba Memu presale and incentives

Apart from the novel use case through AI, Shiba Memu has been attractive to investors on presale. Presales are crowdfunding activities that enable upcoming projects to raise money before going public. The project benefits from an initial capital injection, while the investors acquire tokens at a fixed low price.

Since launching the presale, Shiba Memu’s price has risen by a whopping 245%. By the time the presale ends, the price will have risen further. The price increases have been made possible by the project’s tokenomics. The tokenomics allow the SHMU price to rise daily at 6 PM GMT. The incentivised presale is an opportunity for investors to receive higher-priced tokens.

Currently, the Shiba Memu token is valued at $0.038350. The attractive price makes a strong case for investors seeking to buy the tokens before the value skyrockets. 

Can Shiba Memu hit $1 in 2024?

Shiba Memu has made an impression since launching a presale. Like some of its predecessors, the price of Shiba Memu could rise by up to 1,000% or more in 2024. This is based on trends that show that prices of newly launched tokens skyrocket after debuting on exchanges.

Shiba Memu carries a unique AI angle, which makes it a candidate for a 10x gain. Meme cryptocurrencies also experience intense speculation after listing. Shiba Memu could replicate the gains given the early demand for the project.

A potential $1 price means Shiba Memu should rise by more than 1,000%. Although such a prediction is overambitious, it is attainable. For example, PEPE rose by 10,000% when listed earlier in the year. If Shiba Memu attracts a similar interest, a price of $1 is realistic for 2024 after listing.

Is Shiba Memu worth buying now?

Although Shiba Memu has made a significant leap since launching the presale, a lot remains to be made. The project has 56 days before the presale ends. Investors can profit from the daily price increases by buying the token now. 

Another advantage is the potential post-listing surge. Since Shiba Memu’s price is controlled through its tokenomics in presale, gains post-listing could be huge. Early backers will have made a fortune by the time investors start discovering Shiba Memu on exchanges. The benefits are an addition to investing in a long-term focused project based on the AI application. 

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Georgia selects Ripple as key partner for its Digital Lari pilot project

  • Georgia’s central bank has partnered with Ripple to pilot the country’s CBDC project, Digital Lari (GEL).
  • The National Bank of Georgia picked Ripple as its technology partner and will jointly plan and seek to deliver the pilot program.
  •  GEL will leverage the Ripple CBDC Platform, which is powered by XRP Ledger (XRPL).

Ripple continues to see tremendous traction in terms of the adoption, with central banks, major financial institutions and governments integrating its cross-border payments technology. 

The latest milestone, according to a news release published Thursday, is a partnership with the National Bank of Georgia (NBG). 

News of the partnership comes just hours after Dubai Financial Services Authority (DFSA) announced it had approved Ripple’s XRP to allow firms integrate it in their digital asset services. 

Georgia picks Ripple for its digital Lari pilot

Per today’s announcement, Ripple is the central bank’s official technology partner, and will collaborate via the Ripple CBDC Platform on the country’s Digital Lari (GEL). The selection came after a competitive process that saw shortlisted parties submit a Project Execution Plan (PEP) and a demonstration of their technology.

“The committee selected Ripple due to its technical excellence and the expertise of its team. We look forward to moving ahead with Ripple and we are grateful to all other participating companies for their interest and efforts in the selection process”, Natia Turnava, the acting governor of the NBG, said.

As reported, the testing phase of the project will leverage Ripple’s CBDC technology to evaluate GEL’s practical use cases and potential benefits for the public, businesses and retail users.

Ripple is “currently conducting five pilot programs with different countries’ governments and central banks,” NBG noted in the press release. They include pilots in Bhutan, Hong Kong, Palau, Montenegro, and Colombia. The company is also engaging with more than 20 countries globally.

Ripple’s CBDC technology is powered by the XRP Ledger (XRPL).

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Binance to list Memecoin (MEME): Will this spark Memeinator (MMTR)?

  • Binance will list Memecoin (MEME) for spot trading on November 3 at 08:00 UTC.
  • The announcement has sparked fresh interest in meme tokens, with the market bullish on Memeinator (MMTR).
  • This price prediction for MEME and MMTR looks at what makes the new tokens unique and attractive to traders.

Memecoin ($MEME) is trending amid the latest news from Binance, the world’s largest crypto exchange by trading volume. Per an announcement published today, trading support for $MEME starts on Friday, November 3.

Memecoin’s listing on Binance means the token could benefit from wider market visibility, with demand amid the ongoing MEME farming driving interest amid a resurgence in meme trading. 

Can the listing catalyse MEME price to gains that mirror previous tokens such as Pepe? What does this mean for presale projects such as Memeinator?

Binance adds trading support for Memecoin (MEME)

Days after the exchange launched $MEME as the 39th token on the Binance Launchpool, it has announced support for trading for multiple pairs as from November 3 at 08:00 (UTC).

Trading support for Memecoin will be available for trading pairs that include BNB, BTC, USDT, FDUSD, TUSD, and TRY. Binance is also set to enable Trading Bots services for the MEME/USDT pair, with the service accessible 48 hours after trading starts.

The listing news has sparked fresh interest in the meme tokens, with traders keen to position themselves amid growing bullishness in the market.

Memecoin (MEME) vs. Memeinator (MMTR) – what’s unique?

Memecoin (MEME) is the native token of Memeland, a Web3 venture studio and crypto ecosystem developed by the popular meme-sharing platform 9GAG. 

Interest in the ERC-20 token standard compatible MEME has grown as the project seeks to blend NFTs, gaming, and the metaverse to align with overall growth within the memecoin ecosystem.

Memeinator (MMTR) is a new AI-powered meme coin project that seeks to rise to the top of the memecoin world by “destroying” weak rivals. The project is currently in presale and has raised more than $1.1 million so far. Other than building a marketing powerhouse powered by artificial intelligence, Memeinator integrates a gaming platform, NFTs and offers staking to holders of its MMTR token.

The excitement around this project has analysts comparing its potential price outlook after it hits tier 1 exchanges to what Shiba Inu, Pepe, and Floki Inu experienced.

Memecoin (MEME) price prediction

The cryptocurrency market, including meme tokens, is still largely volatile. But while the future performance of tokens such as MEME and MMTR could depend on various market conditions and events, Memecoin’s listing on Binance has the potential to catapult its price higher.

Having been priced at $0.001 during the recent firesale, harnessing the power of meme culture could see MEME ride the expected bullish sentiment to target $0.1. This outlook will likely hold if Memecoin gains traction by leveraging the community around Memeland and 9GAG.

Memeinator (MMTR) price prediction

This Memeinator price forecast looks at the presale that is currently at stage 5, and what’s likely to happen if the project launches successfully down the road. (Check the Memeinator roadmap here).

Memeinator’s short term goal is to reach a market cap of $1 billion, which for early investors, could mean a real bargain at current prices. It’s possible this token could topple many of the meme coins that offer no utility, have no clear roadmap and whose traction relies purely on hype. 

Notably, MMTR is priced at $0.0125 and the next stage is set to see the price increase to $0.0133. MMTR price during the presale will continue to rise through the 29 stages, finally reaching $0.049. It’s possible a bull market performance could have MMTR trading significantly higher than $0.1. 

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Dubai’s financial regulator approves XRP under its virtual assets regime

  • Ripple says approval allows licensed firms to incorporate XRP into their crypto asset services.
  • CEO Brad Garlinghouse notes that Dubai continues to grow as a global leader in crypto regulation and innovation.
  • Other cryptocurrencies allowed under the DFSA virtual asset regime are BTC, ETH and LTC.

Ripple has announced that the Dubai Financial Services Authority (DFSA) has officially approved the XRP cryptocurrency token under the regulator’s virtual assets regime. 

The approval allows licensed firms in the Dubai International Financial Centre (DIFC) to integrate XRP into their virtual asset services, the blockchain company noted in a press release.

XRP joins BTC, ETH and LTC on DFSA’s list

DFSA’s approval of XRP brings the number of digital assets allowed under the regulator’s virtual assets regime to four, with the Ripple token joining Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC).

According to Ripple, the development could see XRP benefit from DIFC’s legal and regulatory clarity. The company also believes this has the “potential to unlock new regional payments and other virtual asset use cases on the XRP Ledger.”

Today’s announcement comes a few days after Ripple inked a strategic partnership with crypto exchange Uphold as it seeks to bolster its cross-border payments infrastructure. It also comes ahead of Ripple Swell, a flagship event set for Dubai on November 8-9, with headline speakers including Alya Al Zarouni, COO of DIFC; and Hensen Orser, the CEO of VARA.

Ripple CEO Brad Garlinghouse, commenting on the XRP listing, lauded Dubai’s continued approach to the regulation of digital assets, noting its role in “nurturing innovation.”

“It’s refreshing to see the DFSA encourage the adoption and use of digital assets such as XRP to position Dubai as a leading financial services hub intent on attracting foreign investment and accelerating economic growth. Ripple will continue to double down on its presence in Dubai and we look forward to continuing to work closely with regulators to realize crypto’s full potential,” Garlinghouse added.

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Morgan Stanley bullish on Bitcoin halving; Shiba Inu, BNB, and this new token could soar

Morgan Stanley, a big investment bank, has just stated that the upcoming Bitcoin (BTC) halving will likely trigger a fresh bull market in 2024. 

This means that the price of Bitcoin could go up significantly and so will other altcoins. Altcoins that could benefit from this rally include Shiba Inu, BNB, and Everlodge.

Everlodge the first web3 marketplace for real estate trade

Shiha Inu and BNB crypto are not the only tokens that can benefit from the Bitcoin halving. One new token that analysts believe will see more gains in 2024 is the Everlodge token, ELDG. Why? You might ask. Global tourism has been growing since the end of the Covid-19 lockdown. 

Because investing in real estate requires a significant amount of money upfront, only a few wealthy individuals have joined the industry. Everlodge is here to assist and promises to make property investment simpler. They’ve harnessed blockchain technology to turn real estate into NFTs, which can be split into smaller parts. 

Just so you know, anyone can buy these NFTs for as little as $100. Furthermore, the value of these NFTs rises as the properties appreciate. Additionally, these NFTs have more value than regular ones. During this time, the value of its token, ELDG, surged by more than 100%, going from $0.01 to $0.23.

Everlodge’s price is expected to continue increasing as the presale proceeds. 

For more information about the Everlodge (ELDG) Presale you can visit their website or join their community here.

Shiba Inu moves towards self-custody of assets

The Shiba Inu (SHIB) team is working on a new feature to allow SHIB coin holders to manage their identity. A Shiba Inu developer, Kaaldhairya, mentioned the news in a comment on October 28th. He talked about a digital ID system for SHIB coin holders. 

Meanwhile, Shiba Inu developers haven’t shared all the details yet. However, they are counting down 72 hours to the big reveal on October 31st. This new feature, called Self-Sovereign Identity (SSI), is expected to make SHIB more decentralized and make the Shiba Inu ecosystem stronger.

Also, this would attract more investors and affect Shiba Inu’s price in the long term. The Shiba Inu coin price crossed the $0.00000803 level in October. Analysts have noted that Shiba Inu’s value will rise to $0.00003360 in 2024.

BNBChain launches multi-signature wallet service

BNBChain has introduced a new wallet service called BNB SafeWallet. This wallet uses the Gnosis Safe protocol and works on both the Binance Smart Chain and opBNB. According to BNBChain’s blog post, this launch is a big step in making the BSC network more secure. 

Besides, the BNBChain Safe multi-signature wallet service offers users a safe place to store their digital assets. BNBChain’s native token, Binance Coin has seen huge gains lately. It has broken out of its consolidation phase and increased to $229.25 on October 30th.

Currently, analysts have looked at the BNB token. They have forecasted that BNB price will increase to $310 in 2024, soaring on Bitcoin’s halving event. Given the bullish predictions, investors are now looking for where to buy BNB.

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