Shiba Memu is a new presale crypto that uses AI to supercharge its marketing efforts. Investors have widely embraced the presale, having almost raised $2 million. However, will it succeed once it goes live on exchanges?
This Shiba Memu price prediction analyses the project, providing you with our short and long-term price forecasts.
Shiba Memu is a presale meme coin that harnesses AI for marketing, content and analytical purposes. It aims to be self-sustaining and increase its return on investment (ROI) by relying on AI rather than people. The project will grant users access to interact with its AI software, enabling them to track its progress, ask questions, make suggestions and leave feedback. After launching in Q3 2023, the presale has raised over $1.9 million. It has received coverage from numerous top media outlets, likely adding to its presale success. The current SHMU presale price is $0.020350. There are two billion Shiba Memu tokens in total, and half will be removed from circulation and used to provide cross-chain liquidity between the BNB and Ethereum chains. This is so the project can take a multichain approach, enabling users to hold SHMU on either chain. Of the remaining one billion tokens, 85% will be available at presale, 10% are allocated to CEX and DEX listings and rewards, and 5% to further development. Shiba Memu price history key points: Looking ahead to 2024, the Shiba Memu roadmap shows that the AI marketing dashboard will launch.
This could significantly impact the $SHMU price as it could attract many more investors if it succeeds, but investors may lose confidence if it does not perform as expected. One of the issues with relying on AI as a business model is that it is still a novel technology. This means many failures will occur before people learn how to harness it efficiently. For example, a recent study at Standford University found ChatGPT is getting worse over time, providing lower quality answers in June than in March. While the reasoning behind this needs to be clarified, it displays the issues at hand with even the top AI models on the market. Therefore, the risk of Shiba Memu’s reliance on AI is high. On the other hand, projects with a close affiliation to another tend to perform well alongside the original. Consequently, its ties to Shiba Inu could positively affect its price, particularly with the Shiba Inu Ethereum layer two Shibarium about to launch. With this in mind, our Shiba Memu price prediction estimates a low of $0.028, a high of $0.038 and an average price of $0.033 by the end of 2024. Shiba Memu’s success in 2025 will ultimately depend on the performance of its AI tools. The project’s roadmap notes it will continue development, expand into new markets and increase community participation in 2025.
Moreover, it targets centralised exchange listings in Q3 2024, which could help to attract new liquidity in 2025. This will be furthered if the crypto bull run comes into effect. According to expert analysis, the crypto bull market could return in 2024, peaking in 2025. That said, Shiba Memu will only benefit from the bull run if it can retain its community’s interest following its initial exchange offering (IEO). With this in mind, our Shiba Memu price prediction estimates a possible low of $0.034, a high of $0.05 and an average price of $0.042 by the end of 2025. Taking a long-term outlook, there are numerous potential outcomes for SHMU in 2030. Firstly, its adoption of AI technology could set it ahead of its competition, enabling long-term growth.
However, the impact of solely using AI for marketing remains to be seen. Currently, AI (specifically LLMs) are criticised for their lack of nuanced understanding and reasoning. As a result, relying on LLMs for marketing may lead to worse results than if the project used a team of real humans. Furthermore, there is currently no utility for the Shiba Memu token. It will rely on hype to drive demand, or the price will collapse. The roadmap aims to increase utility and integrate it with other dApps, but little has yet to be confirmed. With this in mind, our 2030 Shiba Memu price prediction forecasts a low of $0.02, a high of $0.28 and an average price of $0.024. With AI technology, Shiba Memu could become one of the top meme coins. Still, it is not without risk. We have listed our predicted lows and highs below. Since Shiba Memu is a new cryptocurrency, analysts’ predictions vary significantly. We have summarised some of the top predictions below. According to CoinJournal, Shiba Memu could “thrive”, although the analysis also warns investors to practice caution. Cryptonomist‘s Shiba Memu price prediction forecasts highs of $0.5 by the end of 2024. A recent analysis by Cryptopolitan compared the project to Dogecoin, highlighting Shiba Memu is leveraging more cutting-edge technology. An InvestorsObserver Shiba Memu price forecast estimates a 10x return by 2024. Shiba Memu is a meme coin which will leverage AI technology to analyse trends and grow the project’s community. Essentially, the Shiba Memu AI will generate and run marketing strategies, then analyse its performance and use the data to create improved content. The Shiba Memu platform will enable users to see how and where the project is marketing itself, providing deeper insight and transparency into Shiba Memu’s inner workings. Furthermore, users can interact with the Shiba Memu AI language model by asking questions, making suggestions and leaving feedback. Currently, the SHMU token does not hold any utility or purpose, but the roadmap does allude to integrations with other decentralised applications and adding utility. As a meme coin, Shiba Memu will be among the most volatile cryptos. That said, some constants will still affect its price over time. Shiba Memu’s ability to foster hype will significantly impact its price. This is particularly the case in the first year when the token lacks utility, and its ecosystem is yet to launch. So far, it has made solid progress in amassing hype, but it is tapering off, with its recent tweets all receiving less than 20 likes. Shiba Memu’s reliance on AI to run its marketing could make the project a success, or it could be its demise. However, if the tools successfully produce targetted content at scale, it could help quickly bolster the project’s awareness. Despite its unique idea, the SHMU token has not necessarily been integrated into the ecosystem. This means its price is purely speculative since there is no utility-driven demand. Adding token utility would supplement the hype-driven demand, potentially bolstering its price. Shiba Memu is bound by the broader market’s performance, as with all cryptos. This comprises everything from similar meme coins to global macroeconomic conditions. Outside events can also affect a coin’s price. For example, a project called X pumped 1,200% when Elon Musk changed Twitter’s name to “X”. Choosing whether to buy a particular asset must be the choice of the individual investor. All cryptos carry risk, but Shiba Memu undoubtedly holds viral potential. Moreover, its use of AI could supercharge its growth. However, the project faces many challenges, such as high competition levels and uncertainty about its AI model’s performance. Furthermore, its lack of token utility means it may be unable to recover if the price drops. Binance is the world’s largest crypto exchange, intuitively designed for a simple user experience. Beginners can easily navigate through basic trading processes, while advanced traders have access to comprehensive tools and charts. The platform is renowned for its vast selection of cryptos, hosting hundreds of digital assets and numerous trading pairs. It prioritizes security, using multi-tier and multi-cluster system architecture and a SAFU (Secure Asset Fund for Users) insurance fund, which adds an extra layer of protection for users’ funds. Despite past security breaches, Binance has shown a reliable response, improving its security measures and compensating affected users. The platform offers competitive fees with a tiered structure that rewards users with higher trading volumes and BNB token holders with lower fees. This fee structure is particularly appealing for high-volume traders. Binance’s global presence is both a strength and a challenge. While it offers services in numerous countries, it has faced regulatory scrutiny in several jurisdictions, impacting its operations in certain regions.
Crypto assets are highly volatile and unregulated in most EU countries, Australia and the UK. No consumer protection. Tax on profits may apply. Your capital is at risk. Our Shiba Memu forecast found that while the project does hold upside potential, it also carries significant risk. As such, our SHMU forecast predicts lows of $0.02, highs of $0.28 and an average price of $0.024 by the end of 2030. With that in mind, we have created a list of potentially better upside presales. Click below to check it out.
https://www.statista.com/statistics/941835/artificial-intelligence-market-size-revenue-comparisons/Shiba Memu Price Prediction Summary
Year
Minimum Price
Average Price
Maximum Price
2024
$0.028
$0.033
$0.038
2025
$0.034
$0.042
$0.05
2030
$0.02
$0.024
$0.028
Shiba Memu Price History
Shiba Memu Price Prediction 2024
Shiba Memu Price Prediction 2025
Shiba Memu Price Prediction 2030
Possible Lows and Highs of Shiba Memu Price
Year
Minimum Price
Maximum Price
2024
$0.028
$0.038
2025
$0.034
$0.05
2030
$0.02
$0.028
What Do Other Analysts Predict for Shiba Memu
What Is Shiba Memu and What Is It Used For?
Benefits of the Shiba Memu platform
What Factors Affect the Shiba Memu Price?
Hype
Marketing Success
Token Utility
Broader Market
Is Shiba Memu a Buy?
Best Place To Buy Cryptos
Conclusion
References
https://arxiv.org/pdf/2307.09009.pdf
https://finance.yahoo.com/news/shiba-inu-based-shibarium-blockchain-081127145.html
https://www.cnbctv18.com/cryptocurrency/next-bitcoin-bull-run-not-before-2024-says-top-crypto-exchange-co-founder-12586242.htm
https://www.coindesk.com/markets/2023/07/24/elon-musk-rebrands-twitter-to-x-spurring-scores-of-wannabe-tokens/FAQs
Is Shiba Memu a good investment?
What will the Shiba Memu price be in 2025?
How much will Shiba Memu be worth in 2030?