Shiba Memu’s Presale Approaches $800k while XRP Rebounds on Favorable Court Ruling

6:51 am
July 14, 2023

The presale of Shiba Memu, a cryptocurrency token combining AI and blockchain technology, is nearing the $800k mark as more investors enter the market. This comes as XRP, the native coin of the Ripple ecosystem, rallies by over 70% following a positive ruling in the ongoing legal case against the US Securities and Exchange Commission (SEC).


XRP experienced a significant surge in value after a US District Court ruled in favor of Ripple in its legal battle against the SEC. Shiba Memu’s presale has also seen impressive growth, reaching almost $800k as investor interest continues to rise. Shiba Memu aims to revolutionize marketing through the use of AI and blockchain technology. As the cryptocurrency market remains bullish, both XRP and Shiba Memu present potential investment opportunities.

XRP and XLM Soar on Positive Ruling

Following a favorable court ruling in the ongoing Ripple vs. SEC lawsuit, XRP saw a remarkable surge of over 70%. The US District Court of the Southern District of New York asserted that the sale of Ripple’s XRP tokens on exchanges and through algorithms did not constitute investment contracts. However, the judge also ruled that the institutional sale of the tokens violated federal securities laws. The cryptocurrency community reacted positively to this partial victory, and XRP’s value reached a one-year high of $0.84.

Furthermore, XLM, the native coin of the Stellar Lumen ecosystem, experienced a similar surge of over 50% following the news of the Ripple ruling. Other cryptocurrencies such as BTC, ETH, Solana, and Polygon also demonstrated strong gains within the past 24 hours.

Introducing Shiba Memu

Shiba Memu is an emerging cryptocurrency token that harnesses the power of AI and blockchain technology to create a self-sustaining marketing solution. Unlike other meme coins, Shiba Memu offers utility and aims to solve real-world issues for its users. The project operates on the Ethereum and BNB Chain blockchains, providing marketing strategies and PR developed through AI technology.

Shiba Memu’s Impressive Presale

Shiba Memu’s presale has experienced tremendous growth, with total investment nearly tripling over the past week. Initially standing at $215,000, it has now reached $798,247 due to increased investor interest. The funds generated from the presale will be allocated towards the development of Shiba Memu’s AI technology.

Should You Consider Investing in Shiba Memu?

The cryptocurrency market has demonstrated excellent performance this year, with most coins and tokens experiencing nearly 50% growth. While the market has not fully recovered from the 2021 all-time high, market analysts anticipate a future rally for Bitcoin and other cryptocurrencies. As for Shiba Memu, its potential success will depend on adoption and listing on cryptocurrency exchanges. Combining AI and blockchain technology, Shiba Memu aims to revolutionize marketing strategies, making it an attractive investment option.


What is the current value of XRP?

The price of XRP currently stands at $0.7857.

What is Shiba Memu?

Shiba Memu is a cryptocurrency token that combines AI and blockchain technology to revolutionize marketing strategies.

How much has Shiba Memu’s presale raised?

Shiba Memu’s presale has raised approximately $798,247, with investments nearly tripling over the past week.

Does Shiba Memu offer utility?

Yes, Shiba Memu differentiates itself from other meme coins by providing utility and addressing real-world problems for users.

What will the funds from Shiba Memu’s presale be used for?

The funds generated from the presale will primarily be used to develop Shiba Memu’s AI technology.


More in this category ...

9:20 pm September 24, 2023

Navigating the World of Decentralized Marketplace Platforms: A Comprehensive Guide

5:18 pm September 24, 2023

Advertising Transparency Reinvented: How Blockchain is Revolutionizing the Industry

5:03 pm September 24, 2023

Coinbase Explores Potential Acquisition of FTX Europe and Derivatives License

Featured image for “Coinbase Explores Potential Acquisition of FTX Europe and Derivatives License”
2:37 pm September 24, 2023

Over 200,000 Chileans Register for World ID, Despite Privacy Concerns

1:17 pm September 24, 2023

Exploring the Future of Decentralized Cloud Storage Solutions

9:16 am September 24, 2023

The Benefits and Challenges of Blockchain-based Energy Trading

8:35 am September 24, 2023

LTC Set to Drop Below $60 While QUBE Prepares for a 6,000% Surge

7:18 am September 24, 2023

The Top 5 Cryptocurrencies to Buy for Under $5

7:04 am September 24, 2023

Coinbase Receives AML Registration from the Bank of Spain, Expands Presence in Europe

Featured image for “Coinbase Receives AML Registration from the Bank of Spain, Expands Presence in Europe”
5:15 am September 24, 2023

Tokenized Gaming Assets: A Beginner’s Guide to the Future of Gaming

2:22 am September 24, 2023

Why Choosing IBM Instana Over New Relic for Observability is a Smart Move

1:12 am September 24, 2023

Smart Contracts and Decentralized Dispute Resolution: Exploring the Legal Implications of Blockchain

9:05 pm September 23, 2023

Tokenized Real Estate: Unlocking New Opportunities for Investors

9:02 pm September 23, 2023

Will XRP Fall Below $0.5 in October?

Featured image for “Will XRP Fall Below $0.5 in October?”
6:06 pm September 23, 2023

Break Down Silos and Improve Business Monitoring with IBM Instana and Camunda

5:01 pm September 23, 2023

Exploring the Role of Cryptocurrencies in Efficient Cross-Border Remittances

4:59 pm September 23, 2023

Coinbase Identified as the World’s Largest Holder of Bitcoin: Arkham

1:01 pm September 23, 2023

Unveiling the Benefits of Blockchain in Authenticating Artworks and Reducing Counterfeiting

12:12 pm September 23, 2023

The Base Ecosystem Surpasses Solana in TVL, Expanding by 97.21% in Just Over a Month

11:01 am September 23, 2023

Avalanche Price Drops Below $10, Litecoin Faces Resistance, Borroe.Finance Sees Impressive Growth

11:00 am September 23, 2023

Coinbase CEO Urges Against AI Regulation, Advocates for Decentralization

Featured image for “Coinbase CEO Urges Against AI Regulation, Advocates for Decentralization”
9:51 am September 23, 2023

Bitcoin Expected to Reach $30K According to Glassnode Founders; Strong Surge Predicted for XRP, Chainlink, and InQubeta

9:47 am September 23, 2023

AI Code Generation Software: Streamlining Software Development with Generative AI

8:59 am September 23, 2023

Unraveling the Power of Governance Tokens: How They Influence Decision-Making

4:57 am September 23, 2023

The Future of Royalty Payments: Blockchain’s Impact on Artists’ Income

1:21 am September 23, 2023

How AI and Generative AI Can Revolutionize Government Services

1:01 am September 23, 2023

Porfo: Revolutionizing the World of Digital Wallets and Trading

Featured image for “Porfo: Revolutionizing the World of Digital Wallets and Trading”
12:57 am September 23, 2023

Understanding the Benefits and Risks of Asset Tokenization

11:15 pm September 22, 2023

Google Cloud’s BigQuery Expands with 11 New Blockchains

8:53 pm September 22, 2023

ImmutableX Surges 34% Following Listing on Major Cryptocurrency Exchange