Exchange solution or doggy? XRP and Shiba Memu price forecasts for the next crypto boom

The crypto world’s strong recovery in 2023 benefited from the US Securities and Exchange Commission’s (SEC) decision in favor of Ripple Labs. The news about Ripple triggered a resurgence in value for XRP and many other altcoins, not least of which many meme coins showed good strength as the market began to shake off the harsh crypto winter of 2022.

One of the meme coins taking advantage of the bullish news is Shiba Memu (SHMU), which is one of the newest dog-themed meme coins on the market and aims to become a pack leader. Shiba Memu combines the universal appeal of meme culture with advanced artificial intelligence technology. The project, which has already raised a whopping $3.1m within 12 weeks of its own crypto SHMU pre-sale, is attracting a lot of investor attention ahead of its launch.

But when comparing Ripple’s crypto XRP and SHMU, which of these candidates could be the better buy in 2023? Read on to find out.

What is Shiba Memu?

Traditionally, meme coins rely on large-scale coordinated human effort and speculation to generate organic buying pressure, as evidenced by the emergence of meme coins such as Shiba Inu and Pepe Coin, whose values are essentially based solely on interest rather than actual utility. Many meme coins thus lose momentum once the hype is gone and investors have moved on to the next fad.

Shiba Memu is something completely different. Through artificial intelligence, Shiba Memu has technologies that give the project a real-world application by analyzing market sentiment on various digital platforms, such as forums and social media. Based on this data, marketing strategies are automatically adjusted to reach as many people as possible in the best possible way. Natural language processing (NLP) is then used to produce and disseminate the content that has been created to maintain interest. This can involve creating articles, press releases and posts on social media and forums.

Shiba Memu has so far raised a whopping $3.1m in just 12 weeks of its pre-sale. Its creative blend of internet-based meme culture, community-first approach and AI sets the project apart from its competitors. There are many indications that the project can show significant growth in the coming years.

How does SHMU work?

Shiba Memu gives holders access to the protocol’s dashboard containing key performance indicators, marketing and PR strategies, and project-related communications that the AI tool constantly manages.

Through a user-friendly interface, Shiba Memu’s algorithms autonomously gather insights from everything from images to investor sentiment on online platforms. Consequently, it creates and distributes content that promotes SHMU across said media.
Even better, Shiba Memu uses algorithms that improve and become more efficient over time. This way, the project’s strategies for spreading its message and content among investors and in crypto circles can be constantly fine-tuned. All in all, Shiba Memu is a strong force in a new niche of the crypto market: the project is a pioneer in the use of AI in the meme coin sector.

Shiba Memu price forecast: Can Shiba Memu reach $1 by 2025?

As evidenced by meme coin leaders such as Dogecoin, Shiba Inu, and, more recently more recently, PEPE Coin, nothing is impossible. The lack of utility has not stopped people from jumping on projects, even fads, largely based on FOMO.

However, Shiba Memu is a meme coin like no other – it’s the only meme coin that sits at the intersection of AI and Web3. As we enter week 12 of the SHMU pre-sale, a total of 169.89% has been raised, and demand has only increased thanks to the project’s FOMO-inducing daily price increases. SHMU investors who came in on day 1 can already enjoy gains of as much as 240%, while those who jump in during the period corresponding to SHMU’s extended pre-sale can quickly earn as much as 120% in returns.

One can only imagine how high Shiba Memu can go when the bull market is likely to return in 2025. By then, SHMU will have been fully launched and listed on major crypto exchanges. Couple that with the projected annual growth rate of the AI market of 17.3% from 2023 to 2030, and you realize that $1 seems to be within reach for SHMU in 2025.

What is XRP?

XRP is a cryptocurrency issued by Ripple Labs. The cryptocurrency was developed to enable fast, efficient cross-border payments and facilitate currency exchange. XRP holders also use the token as a store of value.

Ripple Labs designed XRP to offer greater scalability, near-instantaneous transaction speeds and really low transaction fees to enable seamless payments. Since its launch in 2014, Ripple has partnered with over 300 financial institutions using XRP as a payment method, establishing the crypto as one of the leading cryptocurrencies.

XRP price forecast: Can XRP reach $1 in 2025?

XRP prices have long been suppressed due to the ongoing litigation with the SEC. This has made it difficult to produce an accurate price forecast for XRP. However, the supposed accuracy of the latest XRP price forecast has improved significantly after the outcome of the dispute was in Ripple Labs’ favor. In July last year, a New York court ruled that Ripple Labs had not violated federal securities laws when it sold XRP to private investors, leading to a brief rally in XRP prices.

As XRP looks to emerge victorious from its legal battle with the SEC, cryptanalysts predict that $1 is within reach by 2025. Further use by financial institutions could see XRP reach levels of $2 to $3 – assuming bullish market conditions return. However, it is important to highlight that based on the latest news for Ripple, the battle is far from over, as the SEC intends to appeal the court’s decision. This could limit XRP’s price trend once again.

Shiba Memu vs. XRP: Which crypto is the best buy?

Whether or not Ripple ultimately wins its legal battle with the SEC, XRP’s price growth is severely limited by its $26 billion market capitalization. It will take tens of billions in new capital for XRP to even approach 2018’s highs.

On the other hand, Shiba Memu has an infinitely higher upside than XRP, given that the project is only in its pre-sale. Many see a potential of 100x. Just as with Dogecoin and PEPE have done, Shiba Memu has the potential to grow exponentially in terms of value – making its current $0.030025 a really favorable price – a more tempting entry point for investors than this is hard to find.

You can find out how to buy SHMU here.