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Crypto news outlets were sparked into action recently by the news that Chinese tech giant Alibaba has appointed Joseph C. Tsai as their next Chair and CEO. The move sees crypto-friendly Tsai return to Alibaba, taking over in September 2023 as incumbent Daniel Zhang steps down.
While this piece of crypto news could have sizeable implications for the future of crypto in Chinese markets, there’s also a sneaky new puppy sniffing out a piece of the action — namely, the pioneering meme coin Shiba Memu and its great doggy, err… AI-powered self-marketing capability.
What does Tsai’s appointment as Alibaba’s Chair mean for crypto in China?
Alibaba, a Chinese-based tech company, announced on 20th June that Zhang would be stepping down as the company chair in September and would be replaced by Tsai, a long-time proponent of crypto investments. This has led to crypto news outlets wondering whether Tsai can re-open doors for various crypto projects in China, which has often had a somewhat chequered relationship with blockchain innovation.
In 2021, China famously cracked down on blockchain mining, leading to an exodus of firms while simultaneously exploring a digital yuan currency through its central People’s Bank of China. Alibaba is no newcomer to crypto, having opened an NFT marketplace for copyright trading and an NFT solution via its cloud business unit. While it’s uncertain whether crypto will return to China en masse, Shiba Memu is already yapping at the door, seeking its way in.
What is Shiba Memu?
Shiba Memu (SHMU) is the latest project aiming to take advantage of the meme coin mania that exploded in 2023, led by the leaping success of the popular frog meme Pepe (PEPE). Shiba Memu’s Shiba Inu puppy dog charm ticks the “cute and fluffy” box that boosts meme coins’ status, yet, unlike most other meme coins, this dog comes with some significantly smarter instincts, thanks to its AI-powered core utility.
This upstart pooch is exploiting artificial intelligence to self-market with the capability of a 100 person marketing team, yet it’s quicker, more efficient, and doesn’t suffer from human error. Instead, its bespoke AI-powered natural language processing (NLP) brain uses a powerful sense of cyber-smell to track down organic mentions of Shiba Memu online, assessing how investors feel towards the platform and modifying its strategy accordingly. Clever boy!
Machine learning uses this information to automate the creation of new online marketing campaigns designed to target online forums and social media platforms. Shiba Memu has the tracking intelligence of a bloodhound, autonomously applying these promotional campaigns and continually assessing their effectiveness. If a promotional strategy falls flat, Shiba Memu will pick up the scent of other more successful campaigns and make the necessary tweaks.
How does SHMU work?
The coin that provides Shiba Memu with vitality, energy, and a beautiful shiny coat is its native SHMU token. SHMU enables the AI capability to function, from the self-learning and promotional power to the interactive AI dashboard, giving users extra insight into the mind of their favorite online pup. The dashboard provides visibility on Shiba Memu’s online interactions, allowing users to see exactly what’s working and what’s not.
By understanding the effectiveness of existing promotional campaigns, users can use the NLP capability loop to provide feedback by suggesting other online forums, platforms, and communities to target. If adopted, users receive SHMU token rewards. Shiba Memu is providing its holders with the joy of pet ownership and the bonus of receiving personalized and intelligent feedback. Wouldn’t we all like to know what our dogs think?
SHMU: An extraordinary presale
Alibaba isn’t alone in making crypto news. Shiba Memu has set pulses racing among the crypto investor community with its incredible and unusual presale event. Rather than copying the usual staged approach of crypto presales where coins are available at a specific price for an amount of time, SHMU will rise daily.
After launching at $0.011125, SHMU will increase by a fixed amount of $0.000225 on a daily basis. This means users accumulate gains from the moment SHMU leaves the traps. For those that reserve their tokens on day one, their investment will have grown by 12.13% on day seven, 40.45% by day 21, and a colossal 119.33% by day 60, with the price hitting an impressive $0.0244.
Rather than just providing investors with a cutesy NFT for ownership, Shiba Memu comes stacked with utility and at the apex of two colossal growth markets, AI and Web3. Clearly, this aspect gives Shiba Memu massive cross-market appeal and will no doubt have everyone looking on with envy at investors who swoop early.
Can SHMU crack China?
It’s too early to say whether the appointment of Tsai as Alibaba’s new chair will help crypto projects crack the potentially lucrative Chinese market. However, suppose there is an opportunity to be had. In that case, there’s no question that Shiba Memu will be ready to bust through the door and brighten up the room with its lovable but powerful approach to introducing next generation meme coins.
This meme coin looks set to be a hot dog for months and years to come among meme coins, and its outstanding utility and innovative use of AI provide a hugely compelling investment case. With the daily increases, the earlier investors claim their coins, the better the returns during the presale and beyond. One thing’s for sure, this is one pooch with the potential to make investors handsome gains, so don’t miss out and grab yours today!
You can find out more about SHMU here.
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