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Behind the Crypto Bark: Understanding Future Projections for Shiba Memu and Dogecoin Price

News Desk
News Desk
News Desk
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News Desk
The latest news, comment and analysis from our crypto news desk.
September 22nd, 2023

SHIB investors may have been barking up the wrong tree after the project’s layer-2 scalability upgrade fell flat upon launch. This has led meme coin lovers to other dog-inspired tokens, and Shiba Memu (SHMU) and Dogecoin (DOGE) are undoubtedly two of the best options.

Shiba Memu could become the dominant dog in the meme coin markets over time, combining a set of unique features that simply can’t be matched by any legacy meme coin. For now, SHMU is available during its presale at discounted prices, with a limited time left until it starts clambering over market incumbents to take the bone away from DOGE.

Shiba Memu could very well be the best crypto to buy now

Two of the best meme coins on the market right now are Shiba Memu and Dogecoin. Although each offers unique features, they share the same core principles as all successful meme coins. Both projects are community-driven initiatives, taking a light-hearted approach to Web3 and becoming highly sought after.

The Shiba Memu presale has got off to a flying start. More than $2.9m has already been poured into the native token, SHMU, during its earliest investment rounds. The presale includes a unique price rise mechanism that raises the value of the token every single day. This has excited investors so much that Shiba Memu looks to have the zoomies as it moves towards its first exchange listing later in the year.

Shiba Memu is one of the most exciting meme coin releases to date, and it could grow to rival Dogecoin, the current market leader, over time. The project has already announced that SHMU will be launched on the Bitmart exchange once the presale is complete. By this time, the new meme coin will have risen 240.67% in value.

What is Shiba Memu?

Shiba Memu is an innovative meme coin that combines artificial intelligence technologies with a fun-loving crypto community. The initiative leverages the power of machine learning to create automated marketing campaigns. The AI protocol will, as a result, continually promote the native SHMU token all across social media.

Shiba Memu uses natural language processing (NLP) to analyze current market sentiment and the latest crypto trends. It can then tailor its communications according to the current state of Web3, providing highly effective marketing campaigns destined to go viral.

Since meme coins rely on their ability to gain traction online, Shiba Memu has a high potential thanks to its automated marketing protocol. Machine learning lets Shiba Memu learn from its prior successes, which is expected to make it increasingly more effective as time goes on.

How does Shiba Memu work?

Shiba Memu is releasing its native token, SHMU, to give the meme coin community embedded token utility. SHMU can be used for staking directly through the Shiba Memu platform, earning passive yield for all investors who choose to take advantage.

On top of this, Shiba Memu will have a dedicated AI dashboard that provides insights into the latest marketing campaigns from the AI. It will track all interactions between the AI and the community. The AI can create its own PR campaigns with social media posts and reply to comments in online crypto forums.

The AI dashboard will also allow members of the Shiba Memu community to ask questions, provide feedback, and follow the platform’s marketing strategy. The possibilities with Shiba Memu’s AI-driven marketing campaigns are boundless, making it one of the best meme coins to hit the market since Dogecoin first launched in 2013.

Will SHMU reach $1.50 in 2025?

Experts predict major gains for Shiba Memu ahead of the next crypto bull market. The new crypto meme coin has deflationary tokenomics, embedded utility, and a cutting-edge technology stack that can automatically promote the project to potential investors.

The 2025 price prediction for Shiba Memu is $1.90. Remember that SHMU is currently available for just $0.029125 during the presale, with just 39 days remaining until it hits its final presale price level of $0.0379. From here, SHMU is expected to rise by potentially more than 50x.

What is Dogecoin?

Dogecoin is Web3’s original meme coin. The cryptocurrency is native to a fully decentralized blockchain created as a joke. The developers forked Luckycoin, which was a fork of Litecoin. Litecoin itself uses the same underlying consensus protocol as the biggest cryptocurrency in the world, Bitcoin.

As a result, Dogecoin is a proof-of-work meme coin that combines a high level of security with greater scalability when compared against Bitcoin. It has become a valid method of transferring value worldwide at high speed and low cost; it has since been used to pay for retail goods and online services from content creators and businesses alike.

Despite its playful nature, DOGE has become a serious investment option for many people around the world. The project has high-profile backers, including the owner of X (formerly Twitter), Elon Musk. Musk has repeatedly tweeted about DOGE and sparked rumors that the meme coin could become a payment method for content creators on the new X platform.

Dogecoin price prediction: Will DOGE reach $1 in 2025?

The Dogecoin price has performed poorly since it reached its all-time high in 2021. At its highest point, the DOGE price was worth more than $0.70, but it has since lost more than 90% of its value during the bear market. And experts are suggesting that DOGE’s volatility will not end anytime soon. This reflects that even the best meme coins can be highly volatile.

In fact, DOGE is likely due to a trend reversal in the coming months. The meme coin has been in a constant downtrend since 2021 but has found strong support at the $0.05-$0.07 price range. If DOGE continues to hold this line, experts predict it could recapture significant price levels on its way back to $0.20 before 2025.

Shiba Memu vs. Dogecoin price prediction: Which is the best meme coin to buy?

Both Shiba Memu and Dogecoin represent high-potential investment opportunities, as they are two of the best meme coins around at this moment in time. However, Shiba Memu can rise by a much higher percentage when compared to the Dogecoin price prediction because it’s at a much earlier stage in its development.

With such high long-term potential and attractive token utility, SHMU could be the number one meme coin to buy in 2023 and beyond. The crypto presale could be a great addition to any investment portfolio, especially considering the constant price rises. With just 39 days remaining in the presale, investors should definitely be quick to snap up some SHMU.

Find out more about Shiba Memu and how to buy SHMU.

Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.