Friday, October 20, 2023 UTC

Cardano Price Effects: What Shiba Memu’s Surge Could Mean for ADA Investors

Sponsored
Share

The crypto industry is buzzing with emerging digital asset and blockchain investment trends pointing towards AI as the next growth sector in the market. Not surprisingly, crypto projects leveraging artificial intelligence are attracting blockchain investment enthusiasts like moths to a flame.

Likewise, plenty of established cryptocurrencies might catch the eye of many investors looking for a bargain. Some were once household names like Cardano (ADA), central to every crypto-focused conversation in its 2021 heyday. However, the landscape is undergoing a dramatic paradigm shift, with interest in established cryptos like Cardano waning in favor of new contenders that offer better short-term gains and long-term value.

One of the new kids on the block ready to redefine the meme coin game is Shiba Memu (SHMU)—bringing a novel approach to investing in meme coins with a twist of AI-enabled sophistication. Consequently, crypto observers predict that Shiba Memu could outperform Cardano price predictions from 2023 onwards. Read up to learn what Shiba Memu’s ongoing surge might mean for ADA investors moving forward.

What is Shiba Memu (SHMU)?

Don’t be fooled by its cute name and relatable branding—no other meme coin leverages AI as prominently as Shiba Memu. Shiba Memu is among a pioneering class of AI-enabled cryptocurrencies, and it is the world’s first entirely self-marketing meme coin protocol.

The protocol works by combing through online and social platforms for mentions about Shiba Memu, deriving insights from the vast data it gathers. These insights will inform how its algorithms formulate marketing strategies, producing and distributing targeted, personalized content using sentiment analysis across all platforms.

Shiba Memu’s ability to self-drive its marketing channel will help generate a constant stream of hype to sustain investor interest and increase buy pressure in a completely autonomous manner.

Until now, meme coins generally require constant marketing efforts to retain mindshare and market share. Many projects drop off once the advertising budget dries up. Shiba Memu will use AI to stay in front of the meme coin headlines constantly. And in the potentially lucrative meme coin market, no other protocol leverages AI like Shiba Memu.

How does SHMU work?

Shiba Memu uses the SHMU token as its native cryptocurrency, serving as the primary method of value transfer within the network. Thanks to its deflationary nature, SHMU tokenomics are designed to diminish over time to sustain price momentum and extract maximum value for SHMU holders. Moreover, the token provides access to the Shiba Memu AI dashboard, where users can view the progress of Shiba Memu’s marketing campaigns on all verticals. The community can earn SHMU tokens by providing feedback on the AI dashboard or by staking their holdings for passive yield over time.

SHMU brings the best of both worlds in meme coins and AI—and its pioneering technology makes it among the hottest presale cryptos to buy in 2023.

The demand for SHMU tokens has far outweighed the supply, leading the Shiba Memu management team to extend the presale to 120 days. Much of the demand is credited to the generous incentives available during the Shiba Memu presale, particularly its progressive daily price increases of $0.000225 throughout the 120-day presale, taking SHMU prices from $0.01 to $0.0379 by the end of the presale. Early investors can gain up to 240% in profits depending on how early they join.

Currently, Shiba Memu is in stage 1 of its presale, with tokens now available at $0.03543. The current price indicates a total 218.43% increase since the presale first launched. There’s plenty of time for newcomers to join the Shiba Memu presale and take advantage of its daily price increases—and the best time to join was yesterday.

Shiba Memu price prediction: 2023 to 2025

Shiba Memu is in the privileged position of bringing AI refinement into the wild world of meme coins, with crypto observers predicting a big 2024 and 2025 for SHMU.

With its ICO raising a remarkable $3.9m within 16 weeks after launching, SHMU tokens have a limitless ceiling for price appreciation in the coming years by leveraging the emerging AI trend and parlaying it in the potentially lucrative meme coin market. If meme coins like PEPE Coin can skyrocket in value, imagine how much more potential Shiba Memu has with its creative use of AI.

Some crypto analysts predict that SHMU can rise to $0.65 by 2025, when the bull run should return. Likewise, SHMU tokens look great to do at least a 10x in 2024 from its presale closing price of $0.0379, indicating a potential high of $0.38 in 2024. Either way, Shiba Memu’s potential easily trumps that of Cardano in the coming years.

What is Cardano (ADA)?

Cardano (ADA) was founded in 2017 and drew $62.2 million in funding during its initial coin offering (ICO) in the same year. The smart contract platform was founded by Charles Hoskinson, a former Ethereum co-founder, whose vision for Cardano is to provide greater scalability, lower transaction costs, and faster transactions.

Cardano has since become one of the top 10 cryptocurrencies by market capitalization, rising in popularity during the 2021 bull market when it hit an all-time high of $3. However, since then, Cardano has lost steam, losing over 92% of its value to its current price of $0.25.

Cardano price prediction: 2023 to 2025

Investors looking for Cardano price predictions ought to look away—Cardano price recovery to all-time high levels will take serious amounts of time and billions in fresh investment to sniff.

Based on crypto observers’ Cardano price prediction from 2023 to 2025, ADA tokens may recover to $0.50 in 2024 and, based on bullish estimates, could hit $1.50 when the 2025 bull market most likely sets in. Cardano looks like it will be outperformed by newer, more exciting protocols like Shiba Memu as far as short-term gains are concerned.

Shiba Memu vs. Cardano price prediction: Which crypto should you buy in 2023?

All things being equal, Shiba Memu looks like a better investment crypto to buy in 2023 than Cardano. With Shiba Memu’s enticing presale incentives, explosive price appreciation potential, and a tinge of AI sophistication, SHMU tokens have a very positive momentum ahead of the 2025 bull market. Prospective Cardano investors should take note; it could take time before ADA tokens appreciate much in value because of the already high market cap and doubts about technical development.

Join the Shiba Memu presale using this link.

2017-2024 Coindar