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2023 has undoubtedly been the year of the meme coin, with several newbies making their debut on the market to great effect, while old favorites Dogecoin and Shiba Inu continue to impress investors.
Pepe coin leaped into the public consciousness earlier this year with its astonishing early performance. Yet, this excitable frog is under pressure from another new pup in the meme coin sector, Shiba Memu, a meme coin with a little twist.
Shiba Inu has recently launched its revolutionary presale event to support its AI-powered self-marketing capability and Pepe is hopping mad thanks to its impressive utility and pioneering use of AI technologies. Here’s why investors see Shiba Memu as the best crypto to buy now, not evil Pepe.
What is Shiba Memu?
Shiba Memu isn’t just a cutesy meme coin providing your digital wallet with canine art. It offers owners access to autonomous AI-driven marketing capabilities that does the work of 100 executive-filled ad agencies with a simple command.
How? Shiba Memu uses cutting-edge AI technology, such as natural language processing (NLP) and machine learning to assess the effectiveness of existing marketing campaigns and create new ones where required.
NLP digs out mentions of Shiba Memu across online communities before sentiment analysis assesses whether investors are feeling puppy love towards this upstart newbie.
Better still, Shiba Memu is such a clever canine that it learns daily through its machine-learning algorithm, proving that it’s possible to teach this dog new tricks.
This continuous feedback loop increases Shiba Memu’s exposure to new audiences, potentially driving the price of the native SHMU token even higher.
How does SHMU work?
Anyone unconvinced by Shiba Memu’s claim to be the best crypto to buy now might be persuaded by the enormously appealing structure of the coin’s ICO. Rather than releasing a set number of coins in a limited number of phases, after SHMU released at $0.011125, the price has been rising daily by the specified amount of $0.000225. This means those who claimed their SHMU tokens on day one of the ICO have already seen a 86.97% increase in their holding.
With the presale lasting 60 days, there’s still time for investors to get involved with this hot dog and lap up hefty gains before the coin reaches its final presale value of $0.0244, a sizable 119.33% increase from its release value.
With $1.9m raised already in just 7 weeks, it’s clear why so many investors are seeing Shiba Memu as the best crypto to buy now as it makes inroads into the $20 billion-valued meme coin market.
SHMU price prediction
Shiba Memu is currently available at the knockdown price of $0.020800 and still has a significant distance to travel before it reaches its final presale price. Once it’s released into the wild world of crypto exchanges for the wider crypto-buying public to pet, analysts believe that SHMU could skyrocket in value at levels unusual even for meme coins.
Many experts believe that SHMU could be the best meme coin to buy in 2023, with predictions that the coin could break the $0.35 barrier this year. Conservative estimates then have SHMU racing over the $0.75 barrier by 2025 before the next bull market takes hold.
What is Pepe?
Pepe coin is the frog meme sensation that leaped from the crypto pond into people’s consciousness in 2023. After spawning in April, Pepe created almost instant 7,500% returns for early investors within a few weeks despite the coin’s self-confessed lack of intrinsic value.
Dubbed in some crypto circles as evil Pepe due to its lack of utility, Pepe does have a roadmap for the future to fill in some gaps. For example, Pepe Academy and Pepe Tools are in the pipeline, but there is precious little detail on how these features will drive value for investors.
This lack of detail is part of the reason why so many see this frog as evil Pepe. In addition, the unsustainability that’s already seen the coin’s market cap drop 40% from its May high and lack of durability under scrutiny has had investors seeking more value from their meme coin investments than evil Pepe has provided.
Pepe price prediction
Evil Pepe reached its all-time high in July, hitting $0.00000190 before dipping to its current value of $0.000001288. This trend looks likely to continue throughout the next couple of months, potentially culminating in a value of $0.000001 by the end of the year.
Depending on the value associated with any new releases, a boost could be seen during 2024, with analysts predicting $0.000003 by 2024 should Pepe Academy and Pepe Tools realize genuine utility. While this would mark 3x gains for investors, these returns would be eclipsed by Shiba Memu’s anticipated value appreciation.
Why Shiba Memu could be the best new crypto to buy in 2023
The crypto world continues to evolve so rapidly that meme coin fans are now content with a more complex NFT in their wallet alongside their investment. Meme coin providers, including Dogecoin and Shiba Inu, recognize the need to provide investors with genuine value to sustain the long-term viability of their assets.
With evil Pepe’s momentum turning bearish almost as quickly as it leaped into people’s consciousness, Shiba Memu looks to have a head start in the race to become the top dog in the meme coin industry.
Its exciting mix of utility and an appealing ICO have already got investors’ tails wagging in anticipation. With SHMU tipped as potentially the best new crypto to buy in 2023, this is one ICO not to delay on purchasing. Grab yours today to enjoy the thrill of instant returns!
You can participate in the SHMU presale here.
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