Shiba Memu’s 2023 Path Unveiled – Can we Learn From Dogecoin Price Predictions
Regardless of what people think of meme coins, one thing is certain: they are responsible for bringing a lot of crypto newbies to the Web3. Many meme coins have the potential to go truly viral and produce huge price increases, largely due to their capacity to be relatable and the enticing possibility of generating huge returns overnight.
Now that we are in 2023, investors are increasingly discerning about which meme coins to invest in and which to stay far away from. The ones that appeal are those meme coins that combine the appeal of internet culture with actual innovative potential, not meme coins created for pure speculation.
A newcomer to the market, Shiba Memu, has evolved to become a dominant meme coin. Now “everyone” is talking about how this new meme crypto could surpass the price forecast of Dogecoin by 2025.
Within just 14 weeks of its pre-sale, Shiba Memu has already raised a whopping $3.6m – a sum that easily surpasses all initial projections by a wide margin.
So, which project looks to be the better investment in 2023? Dogecoin or Shiba Memu? Read on to find out!
What is Shiba Memu and how does it work?
Meme coins need sustained human marketing efforts to increase interest among the community and investors. Hype cycles drive the prices of meme cryptos, but once the hype has died down, the community tends to splinter and prices start to fall.
Shiba Memu is redefining the meme coin market by self-managing its marketing and content creation strategy using artificial intelligence, natural language processing (NLP), and sentiment analysis.
Based on the mentions that its algorithm collects on online platforms, Shiba Memu calibrates its marketing strategy on its own and produces and distributes content according to prevailing market sentiment.
Whether it’s creating posts on social media or in online forums to counter FUD or producing marketing communications for the media to increase sales of its SHMU token, Shiba Memu’s AI algorithms will do it all.
To date, no other meme crypto has utilised AI as creatively as Shiba Memu does – making the coin capable of surpassing price projections and growth figures for Dogecoin in the coming years.
SHMU is thus Shiba Memu’s proprietary crypto used to access Shiba Memu’s intuitive marketing-focused interface. In one innovative dashboard, SHMU holders can see all aspects of the protocol’s performance across platforms, marketing campaigns, sentiment meters and content plans.
Shiba Memu enables the shark train to never stop rolling. The technology enables a constant stream of new capital, sustained community and investor engagement. This is a great opportunity to stabilise volatile price movements and steer prices upwards.
Price forecast for Shiba Memu: How high could SHMU’s price go in 2025?
Picture this: if a meme coin that lacks utility like Dogecoin can rise all the way to the top, imagine what a meme coin with all the potential and creative use of AI, like Shiba Memu, can achieve – especially when the long-awaited 2025 bull run likely arrives.
Price projections for Shiba Memu range between a conservative $0.40 to a bullish $0.70 by 2025 from its listing price of $0.0379. That represents a roughly 10x increase in the lower spectrum and an 18x increase on the bullish side. Either way, Shiba Memu looks to easily beat the price projections for Dogecoin 2025 by a good margin.
What is Dogecoin and how does it work?
Dogecoin is the original meme crypto, based on the “Doge” meme that you can see everywhere today. Dogecoin investors who bought the meme crypto long before the token’s record levels in 2021 became crypto millionaires if they sold at the record level of $0.72. Almost no one could have expected DOGE prices to outperform even the most bullish price projections for Dogecoin – but it did!
Besides being just another method of online payment, almost nothing has changed with the DOGE ecosystem since the project’s absolute heyday. It shows how the lack of usability has never stopped people from buying into a meme, whether it’s Dogecoin or any other project. In terms of Dogecoin’s future potential, however, it is important to recognise that tens of billions of dollars in new investment will be required for Dogecoin to get anywhere near its previous record level. Where will that money come from, when there are more exciting projects, such as Shiba Memu, that could eat into DOGE’s market share?
Dogecoin price forecast: How high could DOGE’s price go in 2025?
Dogecoin’s prices have been stagnant since 2021, with the token losing over 90% of its value since the 2021 bull run. Furthermore, the inflationary nature of Dogecoin – with 5 billion Dogecoin mined annually – is one reason why it is placed firmly in a downward spiral in terms of prices.
Realistic price projections for Dogecoin for 2025 indicate that the coin will trade at levels ranging from $0.20 to, at best, $0.40. It is currently struggling between a range of $0.05 to $0.07, and there are indications that it may find it difficult to remain a leader in the meme coin market.
Shiba Memu vs. Dogecoin: which project is the better investment right now?
With its unique value proposition in the meme crypto sector and its innovative use of AI, there is no doubt that Shiba Memu offers significantly more potential to increase in value than Dogecoin can from 2023 onwards.
With this in mind, it is not very surprising to see the large investments during Shiba Memu’s pre-sale. SHMU has already been touted as one of the meme coin’s best ICOs in October 2023, and here, growth investors can take advantage of SHMU’s pre-sale’s 2% daily price increase. That’s right – every day during this 120-day pre-sale, the price increases.
When Shiba Memu launches for public sale on 31 October, early-stage investors will have already generated profits, long before the rest of the market does. Currently, SHMU is priced at $0.03318, and it looks like there’s still plenty of money to be made by joining the SHMU pre-sale right now.
If there’s one thing we can learn from the Dogecoin price projections, it’s that the earlier investors participate, the greater the potential profits they can make.
See how to participate in the Shiba Memu pre-sale and find out how to buy SHMU here.