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  • Upward trends predicted for Polkadot & this Shiba Inu killer as $2T market cap boosts Bitcoin toward $69K target

    Upward trends predicted for Polkadot & this Shiba Inu killer as $2T market cap boosts Bitcoin toward $69K target

    Bitcoin, the pioneer of cryptocurrencies, continues its impressive rally as it edges closer to the $69,000 mark, driven by a surge in market capitalization that surpasses $2 trillion.

    This monumental achievement reflects the growing confidence and adoption of digital assets, propelling Bitcoin to new all-time highs.

    Bitcoin’s market cap milestone

    The recent surge in Bitcoin’s price is underpinned by a significant boost in its market capitalization, which now exceeds $2 trillion. This milestone solidifies Bitcoin’s position as the top cryptocurrency to buy, attracting institutional and retail investors seeking exposure to the digital asset market. The unprecedented growth in market cap underscores Bitcoin’s status as the best cryptocurrency to invest in for long-term returns.

    Favourable market conditions and increasing demand from investors worldwide fuel Bitcoin’s upward trajectory. The cryptocurrency market’s bullish sentiment is evident as Bitcoin rallies above $51,000, triggering major short liquidations and propelling its price toward the $69,000 target. The Fear & Greed Index, a key indicator of market sentiment, reflects extreme greed among investors, signalling a potential continuation of Bitcoin’s upward momentum.

    Upward trends for Polkadot

    Polkadot, an open-source sharded multichain protocol, is gaining traction as a top altcoin to watch. It is an innovative open-source sharded multichain protocol designed to facilitate interoperability between specialized blockchains. It serves as a foundation for a decentralized web, allowing seamless cross-chain transfer of various data and asset types.

    With its layer-0 metaprotocol architecture, Polkadot enables autonomous and forkless code updates through on-chain governance. Its native DOT token plays multiple roles, including staking for security, network governance, and bonding tokens for parachain connectivity. 

    Polkadot’s unique components, such as the Relay Chain and parachains, offer scalability, flexibility, and secure interactions among diverse blockchain networks, making it a prominent player in the crypto space.

    Shiba Inu killer on the rise

    While Bitcoin dominates the headlines with its impressive performance, other cryptocurrencies are also poised for upward trends. Shiba Inu Killer (Rebel Satoshi), symbolized as $RBLZ, is garnering attention as a promising meme coin and potential challenger to Dogecoin. 

    With its upcoming presale and planned launch on the Ethereum network, Rebel Satoshi presents an exciting opportunity for investors to capitalize on the growing meme coin market. The Rebel Satoshi presale has sold over 123 million RBLZ tokens, raising approximately $1.8 million and nearing the $2 million milestone.

    The Rebel Satoshi presale presents an attractive investment opportunity for investors seeking exposure to promising cryptocurrency projects. Built on the Ethereum network, known for its security and reliability, Rebel Satoshi smart contracts have been audited by a top auditing firm, Source Hat, ensuring the safety of investors’ funds. This is why it is regarded as the best memecoin. 

    With the presale concluding on February 29, 2024, and the launch planned shortly after, now is the opportune time to consider investing in Rebel Satoshi ($RBLZ). The initial launch price for $RBLZ is set at 0.025, with previous rounds selling out quickly, highlighting the strong demand for this innovative project. The community is actively involved in developing the Rebel Satoshi ecosystem, with discussions underway for tier 1 centralized exchange (CEX) listings to enhance access and liquidity.

    Final Thoughts

    As Bitcoin continues its remarkable ascent, surpassing $2 trillion in market capitalization, the cryptocurrency market is brimming with optimism and opportunity. Alongside Bitcoin, altcoins like Polkadot and Rebel Satoshi ($RBLZ) are poised for upward trends, offering investors diverse options to explore in the ever-evolving digital asset landscape. 

    With the Rebel Satoshi presale nearing its conclusion, investors are encouraged to seize this opportunity and participate in one of the most exciting cryptocurrency projects of the year.

    For the latest updates and more information on the RBLZ presale, visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.

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  • Bitcoin crosses $51K, S&P 500 sees record close; this EOS and Shiba Inu rival witness investor influx

    Bitcoin crosses $51K, S&P 500 sees record close; this EOS and Shiba Inu rival witness investor influx

    The cryptocurrency market witnessed a significant surge as Bitcoin soared past the $51,000 mark, marking a staggering 19% gain for the week. This bullish momentum rippled across the financial landscape, with the S&P 500 also achieving a record close, breaching the 5,000 mark for the first time in history. 

    Amidst this fervent activity, altcoins such as EOS and Shiba Inu faced stiff competition from a new contender, Rebel Satoshi, signalling a fresh wave of investor interest in the crypto sphere.

    Bitcoin $51k surge as S&P 500 witness record-breaking high

    Bitcoin continues its supreme reign, breaching the $51,000 mark for the first time this year. The bull run shows no signs of stopping and the leading coin is currently trading above the $51,200 range with experts stating that it would surpass the $53,000 resistance barrier in the coming days. 

    This bullish run can be attributed to factors such as growing institutional adoption, anticipation of wider mainstream acceptance, and a potential haven during global economic uncertainties. While some analysts predict a possible correction, Bitcoin’s long-term outlook remains optimistic for many investors searching for top crypto coins.

    The memecoin battleground is heating up! The self-styled “Dogecoin killer,” Shiba Inu has been on a tear, fueled by social media hype and celebrity endorsements. However, Rebel Satoshi has emerged as a new challenger, aiming to become the best memecoin built on the secure Ethereum blockchain. With its presale rounds selling out increasingly rapidly, Rebel Satoshi is attracting significant attention from investors seeking the next big altcoin to buy.

    The crypto market extends far beyond memecoins. Several other altcoins are making waves, offering unique value propositions and attracting investor interest. EOS, known for its scalability and speed, has seen a significant price increase, potentially driven by growing adoption and development activity on its platform.

    Rebel Satoshi: a rising star in the crypto galaxy

    The journey of Rebel Satoshi began with its initial presale rounds, each attracting escalating attention and investment from crypto enthusiasts worldwide. The inaugural Rebels Round 1 saw overwhelming demand, selling out within a mere 10 days, followed closely by the Warriors Round 2, which achieved the same feat in just 15 days. 

    As excitement continued to mount, the Citizens Round 3 garnered robust participation, reaching capacity in 18 days. The momentum culminated in the Monarchs Round 4, which marked a significant milestone by selling out in less than 25 days. Now, with the Recusants Round 5 underway, investors are presented with the final opportunity to secure their stake in this promising venture.

    As the crypto landscape evolves, Rebel Satoshi emerges as a formidable rival to established players. Built on the Ethereum network, one of the most secure blockchains in the crypto space, Rebel Satoshi presents an enticing investment opportunity for those seeking the best cryptocurrency investments available. With its innovative approach and growing community support, Rebel Satoshi is poised to disrupt the market and carve out its niche among the top crypto coins.

    Rebel Satoshi Presale

    With less than 25 million $RBLZ remaining for the current round, time is of the essence for investors looking to capitalize on the Rebel Satoshi phenomenon. As the countdown to the launch on decentralized exchanges (DEX) draws closer, anticipation reaches a fever pitch. 

    The convergence of limited supply and burgeoning demand creates an electrifying atmosphere, presenting a golden opportunity for savvy investors to get in on the ground floor of this groundbreaking project.

    Why invest in Rebel Satoshi?

    Rebel Satoshi offers more than just a chance to ride the crypto wave; it represents a gateway to unparalleled potential and financial freedom. With its robust infrastructure and visionary leadership, Rebel Satoshi is primed to redefine the crypto landscape and unlock new avenues for wealth creation. 

    By investing in Rebel Satoshi, individuals can seize the opportunity to be part of a revolutionary movement shaping the financial future.

    For the latest updates and more information, visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.

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  • Shiba Memu’s presale and SEC’s latest Bitcoin ETF news

    Shiba Memu’s presale and SEC’s latest Bitcoin ETF news

    • Shiba Memu on the cusp of market debut as SEC sets deadline for ETF amendments.
    • The SHMU presale ends on December 30, 2023, with debut on crypto exchanges to follow.
    • The SEC has asked spot Bitcoin ETF applicants to submit final changes by December 29, 2023.

    The crypto market is eyeing what could be a 2024 bonanza, with bullish sentiment around the SEC’s potential approval for a spot Bitcoin ETF the leading catalyst. Alongside a few attractively poised altcoins is Shiba Memu, a presale token that’s on the cusp of its market debut.

    Here’s a highlight of the latest crypto news likely to be key this week. Also assess Shiba Memu presale, now down to just three days.

    SEC sets Dec. 29 deadline for spot Bitcoin ETF amendments

    The anticipation for a first spot Bitcoin exchange-traded fund (ETF) for the US market is set to rise further this week. This is after it emerged that the Securities and Exchange Commission (SEC) has asked all applicants seeking to list the ETF to file amendments to their filings by December 29, 2023.

    SEC’s reported deadline for applicants comes after the regulator held multiple meetings with various firms looking to offer spot Bitcoin ETFs last week.

    At least two companies were reportedly asked to submit final changes to their appplications by the stated date. Participants during the last meeting with the SEC were told that any applicant that fails to file final amendements by this Friday should not expect to be among the “first wave” of potential approvals.

    While the crypto market buzz has cooled amid the holiday trading lull and as Mt.Gox reportedly begins to repay some of its creditors, the overall outlook is that Bitcoin is poised for a prolonged dose of upside pressure.

    The altcoin market is similarly poised, and investors out to unlock the next bull cycle gem are betting big on low cap bargain tokens.

    Shiba Memu: On the cusp of presale success

    Meme tokens have exploded onto the scene in recent months, with resurgences for Dogecoin and Shiba Inu paled by the explosive surge for Solana-based Bonk (BONK). But with the market in the mood for a longer bull rally catalysed by Bitcoin ETFs and halving, investors keen on tapping into the potential of Shiba Memu are flocking to its presale.

    The project, which outlines a new artificial intelligence powered meme coin with real-world utility, is now just three days to the presale close. As of December 27, 2023, investors have allocated over $4.8 million into SHMU to support the project’s development.

    After the presale, Shiba Memu is expected to make its market debut on top crypto exchanges, likely entering the market during the forecast upward trajectory in Q1, 2024. The unique AI-powered marketing dashboard, staking program and integration with decentralised applications (dApps) is also outlined on the roadmap.

    SHMU is currently priced at $0.05028 and could be one of the top meme coins to buy given its potential to redefine how meme-inspired crypto projects gain long term traction. Rather than rely on hype, Shiba Memu will be a self-sufficient marketing machine, capable of challenging the top tokens such as Dogecoin and Shiba Inu.

    To check out Shiba Memu’s features and tokenomics, read their whitepaper. You can also join the presale.

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  • New altcoin outshining Ethereum and Shiba Inu as Morgan Stanley calls crypto winter end

    New altcoin outshining Ethereum and Shiba Inu as Morgan Stanley calls crypto winter end

    Morgan Stanley Wealth Management has called the end of the extended crypto bear market, indicating that the crypto spring is on the horizon. The crypto market has been projected to rally to a new high in this new bull market. Ethereum and Shiba Inu have already recorded significant gains as the crypto market enters a bull phase.

    There have been dark horses that outperformed the crypto market in previous bull cycles. Analysts have identified a potential dark horse for this bull market. Read on to find more information.

    Shiba Inu reclaims a major resistance level: devs hint at major changes 

    Shiba Inu has struggled in 2023, despite the gains recorded in the broader crypto market. However, the Shiba Inu coin joined the recent market rally, increasing past a key resistance level at $0.000008000. 

    SHIB also rallied above its 200-day Exponential Moving Average (EMA). This level holds significance as it historically acts as a barrier between the bearish and bullish territories. With this bullish trend, crypto analysts have predicted a potential Shiba Inu price increase. 

    If the price of Shiba Inu holds the $0.00000800 support, it has been forecasted to rally to $0.000012000. This prediction was strengthened by the recent updates shared by the Shiba Inu development team.

    The team hinted that the product will be a potential game changer in the crypto space. Other SHIB developments that could spur a Shiba Inu value increase include ShibaSwap and its Self-Sovereign Identity (SSI) feature.

    Ethereum reclaims $2,000 on spot ETF excitement, analyst predicts 80% increase 

    The price of Ethereum has surged past $2,000 for the first time in more than seven months over spot ETF excitement. 

    The rally was ignited by reports of BlackRock registering for a spot at Ethereum ETF in Delaware. Because of this, analysts are bullish about Ether. A popular crypto analyst, Kyle Doops shared his bullish predictions for the price of Ethereum.

    According to the Ethereum chart shared by Doops, a pattern for an enormous 80% move has been formed. Based on his Ethereum price prediction, ETH could outperform Shiba Inu and rally to $3,600 in the coming weeks.

    In the short term, while ETH remains above the $1,979 level, the trajectory of the leading altcoin remains decisively positive.

    Meet the crypto bull market dark horse, Meme Moguls

    Ethereum and Shiba Inu were top performers in previous bull markets. However, while they have been predicted to record substantial gains in the coming bull market, they will be outperformed by new crypto, Meme Moguls (MGLS).

    Meme Moguls meet the requirements of dark horses in previous bull markets – launching in a unique market. It has introduced what will be the world’s first meme-backed stock market-style exchange.

    As a trailblazer, the project aims to help investors become their own moguls in the $17.9 trillion meme coin market. The unique placement of MGLS as the token to power this ecosystem gives it enough potential to outperform ETH, SHIB, and the rest of the crypto market. Join now for only $0.0019.

    To learn more about Meme Moguls, Visit Meme Moguls.

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  • Bitcoin may hit $50,000 before halving, will Everlodge and Shiba Inu follow suit?

    Bitcoin may hit $50,000 before halving, will Everlodge and Shiba Inu follow suit?

    The cryptocurrency market is rife with anticipation and excitement as the community gears up for the next Bitcoin (BTC) halving event. 

    While the flagship cryptocurrency continues to set the tone for the market, other tokens like Shiba Inu (SHIB) and Everlodge (ELDG) are poised to join the party. 

    This article will explore the factors driving Bitcoin towards a potential $50,000 milestone before its halving and how this upward momentum could positively impact SHIB and ELDG.

    Bitcoin (BTC) preparing for a remarkable surge

    Bitcoin (BTC) is no stranger to price surges. Recently, prominent crypto analyst Michaël van de Poppe has sparked anticipation by suggesting that Bitcoin could surge to $50,000 before its next halving event. 

    This optimism is fueled by bullish indicators, including Bitcoin’s rising network activity. Notably, over 700,000 new addresses joined the Bitcoin network on November 4, as reported by crypto analyst Ali Martinez. 

    Not only that, the Bitcoin price even reached $35,902 on November 2 – a level not seen since May 2022. The next Bitcoin halving event, which will occur in April 2024, is historically associated with significant price surges, further contributing to the positive sentiment in the crypto space.

    Shiba Inu (SHIB) riding its coattails

    When Bitcoin experiences a significant price surge, it tends to trigger positive sentiment across the entire crypto market, including Shiba Inu (SHIB). The rise in Bitcoin’s price could propel Shiba Inu to higher levels as investors seek opportunities beyond the leading cryptocurrency.

    In recent Shiba Inu news, the project revealed “The Shib Magazine.” This magazine will offer insights into finance and beyond, demonstrating the project’s commitment to expanding its presence and providing valuable content to its community. 

    Due to all these reasons, experts predict that the Shiba Inu coin price could experience significant growth. They foresee its value reaching $0.00001620 before the BTC halving event within Q2 of 2024.

    Everlodge (ELDG): a hidden gem to watch

    Everlodge (ELDG) will be a unique blockchain-based project to revolutionize the real estate market. With its innovative approach to property ownership and passive income generation, ELDG has the potential to attract a wide range of investors. As Bitcoin’s price soars, the increased interest in the market can lead to greater visibility for hidden gems like ELDG.

    This upcoming property marketplace will digitize and mint real-world properties into NFTs, subsequently fractionalizing them to allow investors access to the global real estate market (valued at over $280T). As these properties appreciate, so do the NFTs associated with them, providing an opportunity for users to benefit from property value growth.

    Furthermore, Everlodge’s Rewards Club offers an additional avenue for passive income. Members can earn free nightly stays across the platform’s properties, similar to timeshare arrangements, with the option to resell these stays, generating a continuous source of passive income.

    But the Club will only be accessible to holders of ELDG native tokens. One ELDG token costs just $0.023 in Stage 6 of its presale. But, demand is high as millions of tokens have been sold already. Additionally, unlike Bitcoin and Shiba Inu – ELDG has a low market cap, meaning it will surge faster. Thus, experts predict a rise to $0.038 before its presale ends. 

    For more information about the Everlodge (ELDG) presale, you can visit their website here.

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  • Shiba Memu price forecast after presale extension

    Shiba Memu price forecast after presale extension

    • Shiba Memu presale was extended for the second time, with the final date now December 30.
    • Interest in the project has been huge, with over $4.37 million raised so far.
    • The Shiba Memu price could rise sharply when the token launches on top exchanges next year.

    Crypto traders and investors are sizing up the market for what could be defining opportunities in this bull cycle. Although the flagship cryptocurrency Bitcoin is expected to lead the new bull market, a few projects are emerging to challenge established altcoins for the breakout coin or token this cycle.

    One of these could be Shiba Memu (SHMU), whose presale just got extended as demand pushed total investment raised to over $4.37 million.

    What is Shiba Memu?

    Shiba Memu seeks to become one of the top cryptocurrencies in the market when it launches next year. Per the project’s whitepaper, the new meme coin has integrated AI to create a marketing powerhouse.

    In this case, Shiba Memu will have a 24/7 marketing approach, with natural language processing and predictive analytics part of the technology that will drive the AI dashboard. Other than publishing its own press releases and feeding these to relevant forums and social media platforms, the AI dashboard will continuously adjust to better its performance.

    Token holders will also be able to engage with the AI dashboard directly, providing feedback and suggestions that the robotastic dashboard will act upon to the benefit of the network.

    Shiba Memu presale extended

    The Shiba Memu network is powered by SHMU, which, while it falls under the category of meme coins like Dogecoin and Shiba Inu, comes equipped with key features like staking to add to the overall utility. Early bird investors have a chance to buy this token during its presale.

    Although an earlier extension had the Shiba Memu presale penned for an October 31 close, demand from across the market has seen this now extended to December 30. It means SHMU will be available at the likely low prices of the sale offer for another 60 days.

    An announcement from the team posted on X on October 31 notes that this wasn’t “just another extension,” but a “strategic move” aimed at positioning SHMU for potential listing on Tier 1 exchanges. It also allows the project to fortify its community, a crucial cog for any project.

    Shiba Memu price prediction

    The Shiba Memu whitepaper earmarks 85% of the total supply of 1 billion SHMU tokens for presale. At its launch, the token’s presale price was $0.011125, and has an innovative feature that sees a daily increase at 6 pm GMT. It means investors could see how long they had before the next price spike.

    Currently, SHMU is priced at $0.039250 and is expected to hit $0.039475 in the next stage. This systematic approach to daily pricing will continue until December 30.

    Analysts project the cryptocurrency’s price could then rise significantly when the token lists on major exchanges. For instance, this outlook could be strengthened if a tier 1 exchnage like Binance were to list SHMU – a move that has recently seen Memecoin (MEME) and Ordinals (ORDI) prices skyrocket. 

    Notably, bullish forecasts for SHMU are based on several critical factors, including the AI narrative, expected crypto bull market and Shiba Memu’s innovative approach to meme coins.

    A similar prospect for Shiba Memu could mean a spike above $0.1 after the tokens hit the secondary market. If it happens, the $0.5-$1.00 price range in the second half of 2024 might be possible.

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

    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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  • Shiba Memu close to $4M presale as FOMO kicks in

    Shiba Memu close to $4M presale as FOMO kicks in

    • Investor FOMO drives Shiba Memu to $4 million presale
    • What makes Shiba Memu unique compared to other meme tokens?
    • Is Shiba Memu a good investment?

    Shiba Memu extended its presale after an initial offering saw massive demand from an excited community. Now with cryoto in bullish mood and the presale extension nearing a close, the fear of missing out on what could be a great investment opportunity is driving new interest. 

    Shiba Memu presale near $4 million

    While speculation on what Shiba Memu can achieve is likely behind part of the early enthusiasm about this project, most of it could be down to what makes it unique from other meme tokens.

    Global investors keen to diversify their portfolios with this token have poured millions into the project via the Shiba Memu (SHMU) presale. Having launched for an initial 60 day period in July, the Shiba Memu team moved to extend the offering to October 31. 

    The new timeline has accorded interested investors an opportunity to buy SHMU.

    As of today, the countdown to the presale is down to seven days. Evidently, FOMO has kicked in and as the programmed daily price increases move towards the final offer price of $0.0379, the total amount raised could be well above the $4 million mark.

    Data on the official presale page shows investors have allocated $3,996,517 to SHMU positions.

    Why could Shiba Memu be a good investment?

    As a new meme token, Shiba Memu looks to tap into the power of blockchain and artificial intelligence to create a unique crypto project. The whitepaper outlines how it seeks to leverage AI to create a marketing powerhouse and self-sufficient ecosystem.

    Unlike other tokens that rely on hype generated by influencers and celebrities to gain traction, Shiba Memu will create its own 24/7 marketing machine, underpinned by its AI dashboard. Analysts say this outlook has the capacity to see the native SHMU token eventually overtake leading meme coins in the market.

    This possibility begins when Shiba Memu’s presale ends and SHMU begins to list on some of the world’s largest cryptocurrency exchanges. According to the roadmap, this is expected to roll out in the first quarter of 2024, with BitMart already snapped as the first CEX partner.

    Key Shiba Memu developments lined up

    As the trading support unlocks token utility and helps bulls push higher amid price discovery, the AI marketing tool will launch in the following quarter. Machine learning, launch of the AI dashboard and integration with decentralised applications (dApps) will follow as the market moves deeper into the expected bull market period.

    Community engagement via these developments could put SHMU in the mix as likely revelations among the next bull cycle gems. The FOMO currently being witnessed will only intensify as investors recall the staggering gains tokens like Shiba Inu and Pepe notched during their respective market debuts.

    It means taking a bid during the presale could offer the best route to better returns should the Shiba Memu token rally.

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  • Dogecoin and Shiba Memu (SHMU)– what’s the price outlook?

    Dogecoin and Shiba Memu (SHMU)– what’s the price outlook?

    • Shiba Memu is a new meme coin that’s leveraging the AI revolution.
    • The project is in presale and has raised more than $3.8 million.
    • Dogecoin (DOGE) tops meme coins buts its price has struggled as daily transactions sink.

    Dogecoin is struggling to keep prices above a key support level even as the leading meme cryptocurrency records a sharp drop in daily transactions. Meanwhile, the Shiba Memu (SHMU) presale has hit $3.8 million as price increases to $0.0334.

    Here we examine the price outlook for the two tokens amid a broader lull in a crypto market that’s mirroring market reaction to the latest US inflation report. Stocks traded mixed after the Consumer Price Index (CPI) showed prices rose 0.4% versus 0.3% expected in September, with a 3.7% increase over the past year to match that of August.

    Shiba Memu – an AI revolution for meme coins

    Shiba Memu is a new cryptocurrency that combines the increasingly powerful artificial intelligence (AI) narrative and blockchain to bring a unique approach to crypto memes. The native token SHMU, launched on the Ethereum blockchain, will have a supply of 1 billion tokens, 85% of which is available to the community via a presale.

    With AI at the heart of this new meme coin, the idea of a self-sufficient crypto ecosystem is envisioned. The Shiba Memu whitepaper outlines a project that’s unlike other meme coin projects – one that’s leveraging AI technology to create a powerful marketing system that doesn’t rely on celebrity or influencer hype to gain traction.

    The AI dashboard will take care of this, with SHMU holders benefiting from additional utility as token staking and provision of liquidity to the Shiba Memu pool.

    Dogecoin price: DOGE outlook as daily transactions sink

    Dogecoin leads meme cryptocurrencies with a market cap of nearly $8.2 billion. DOGE’s status as the sector’s OG has seen it attract support from among others, Tesla CEO and X (formerly Twitter) owner Elon Musk.

    However, the cryptocurrency has struggled to break to the coveted $1 level – its all-time high of $0.73 was reached in May 2021. Currently, Dogecoin price has settled below $0.58 with the 5.6% dip in the past 30 days indicative of this fact. It an outlook that echoes Bitcoin’s recent lull since the breakdown from $30k.

    One indicator of the performance over the past few weeks is the 7-day average of Dogecoin’s daily transactions. According to on-chain data, the network has been recording an average of 37.3k daily transactions — which IntoTheBlock says shows a sharp decline from highs of 2.1 million in June and “a secondary spike of 616k in July.”

    Is Dogecoin going to see a surge network activity as was seen in the previous quarter? And can this be reflected in DOGE price? 

    The current outlook suggests this scenario is possible, with investors likely to watch out for an upcoming event around the dog meme that inspired Dogecoin’s creation. That event is scheduled for November 2. If price picks up in a bull market amid other positive triggers, the key short term target remains $1.

    Shiba Memu price: can SHMU reach $1 in 2024?

    As noted, Shiba Memu has attracted over $3.8 million from global investors since its presale went live. The presale price has increased daily at 6 pm GMT, a novel approach that has seen the participation spike as early birds scoop SHMU at what’s likely to be bargain buys.

    Price is set to jump from today’s $0.0334 to the final presale price of $0.0379. When the tokens launch on crypto exchanges, increased demand could unlock upside moves similar to what has greeted other meme coins in the market.

    If Shiba Memu does a 2x after its launch, that could push its price to above $0.1. Then, with projections for crypto and AI huge going into 2024, SHMU could trade higher and target the $1 level. However, this could depend on prevailing market conditions and other factors specific to the project.

    To buy Shiba Memu or learn more, visit the project’s presale page.

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  • Shiba Memu shines as investor buying power hits 6-month high

    Shiba Memu shines as investor buying power hits 6-month high

    • Shiba Memu presale has hit $3.6 million as more investors buy into AI meme coin.
    • Meanwhile, stablecoin on exchanges is at a 6-month high, led by massive whale deposits.
    • What does spike in exchange buying power means for crypto, Shiba Memu?

    Although the crypto market is still largely in the accumulation phase amid the latest price movement, analysts are pointing to on-chain data to suggest a bull run might not be that far off. That has to do with an uptick in exchange holdings of the stablecoin Tether (USDT), a metric that has historically coincided with fresh opportunities for crypto investors.

    What does this strong bullish flip mean for Shiba Memu, a new crypto project that has raised nearly $3.6 million in its recently launched presale?

    Investor buying power jumps 7%, what it means

    As Bitcoin broke above $28k earlier this week, on-chain data shared by market intelligence platform Santiment pointed to a significant change in investor sentiment. This is down to the amount of Tether on exchanges, which data shows recently hit a six month high. The exchange buying power increased 7% from roughly 17.6% to 24.7%.

    It’s an increase that points to a spike in stablecoin buying power, often an accumulation phase that precedes a fresh entry into the market. A sharp rise in exchange buying power, which takes shape with whales in the forefront, tells the market investors know it’s time to buy the dip.

    “The 10 largest addresses have also upped their $USDT holdings from $7.30B to $9.42B in 3 months,” Santiment wrote on X (formerly Twitter). It’s an outlook that suggests the next market dip could be significant, although that’s when investors seize on the opportunity to buy at discount prices.

    Often, BTC and ETH are top buys when prices crash. XRP and Polygon, two altcoins that are seeing month-high volumes driven by various factors, could be at the top of many investors’ watchlists.  However, as investors have always eyed the next bull market gem – one of the projects attracting most attention in Shiba Memu.

    Shiba Memu – marrying meme with AI

    Shiba Memu is a project that seeks to bring the benefits of artificial intelligence to the meme coin world.

    Dogecoin, Shiba Inu and other leading meme tokens have one feature in common – the inordinate reliance on human marketing effort to feed into the hype that drives traction. Shiba Memu stands out on this aspect among its would-be memesphere competitors. Mainly, it’s the AI-driven project’s leveraging of the new technology to create a marketing powerhouse that doesn’t rely on human effort.

    Apart from that, value for the community will be enhanced by functionality such as staking and interaction with decentralised applications (dApps).

    How does Shiba Memu work?

    Natural language processing, machine learning, predictive analytics and image/video recognition are among trends that define the project’s selling point. AI algorithms will be used to create a self-sustaining marketing machine, feeding on the meme-inspired world to drive adoption for SHMU.

    This will be achieved via a unique AI dashboard that will among other features offer direct interaction between the meme genius and Shiba Memu holders. Feedback and suggestions incorporated from users will give them a chance to earn extra SHMU.

    AI narrative – mainstream adoption is here

    One of the major venture funding developments this week has been the news that artificial intelligence startup Anthropic is looking to raise $2 billion from investors, led by Google. Reported by The Information, the details emerge just days after ecommerce behemoth Amazon.com Inc. said it would invest up to $4 billion in the OpenAI rival.  

    According to the report, Anthropic’s latest funding could see the company valued at $30 billion, a prospect that has ignited interest in AI following the high expectations championed by Microsoft, Nvidia and Palantir among others.

    Elsewhere is the continuing adoption of crypto and blockchain that has investor optimism on the industry’s future at new highs. Shiba Memu’s AI-powered project sits nicely at the intersection of these two technological developments.

    Indeed, interest in this AI-powered meme token has seen its presale attract remarkable investment from around the globe. Currently, that amount stands at $3.6 million and more will likely seek this early-bird opportunity.

    Learn more about Shiba Memu from its whitepaper or by joining the presale here.

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