Shiba Memu Token Raises Over $1.64 Million in Investor Funding
The Shiba Memu token has raised over $1.64 million in funding from investors, making it one of the most popular upcoming crypto tokens in the world. Combining key industries such as artificial intelligence and meme coins, Shiba Memu aims to capitalize on the hype surrounding these sectors this year.
In the field of AI, some of the most powerful companies and cryptocurrencies are thriving. Nvidia, Microsoft, and C3.ai are among these companies, while the most popular crypto AI platforms are SingularityNET and Fetch.Ai.
Shiba Memu is positioned as a superior alternative to other popular cryptocurrencies such as Shiba Inu, Dogecoin, and Pepe. It also leverages AI technology for self-promotion, responding to user inquiries and growing through their feedback.
The token sale for Shiba Memu has gained momentum in recent weeks, raising over $1.6 million from global investors. The token price is increasing daily, and interested individuals can purchase Shiba Memu tokens.
Bitcoin Cash Price Forecast
Examining the 4H chart, the BCH price has been moving sideways in recent days. This price movement mirrors that of Bitcoin, which has also fallen from its previous yearly high of $31,388 to $29,000. The BCH price remains slightly above the 25- and 50-period moving averages.
The price is also slightly above the 38.2% Fibonacci retracement level, and the Relative Strength Index (RSI) has moved slightly above the neutral point at 60. Therefore, the Bitcoin Cash price is likely to remain within this range for some time. Key support and resistance levels to watch are $219 and $260.
Algorand Price Forecast
Algorand has faced pressure in recent months, with the collapse of AlgoFi, the largest DeFi platform in the ecosystem, intensifying the pressure. The ALGO price is consolidating around the 25- and 50-day moving averages, while the Relative Strength Index (RSI) is trending upwards.
The Average True Range (ATR) has declined, and the price is above the important support level of $0.1043. Volume has been limited in recent weeks, indicating that the token will likely remain in a tight range in the coming days. Key support and resistance levels to watch are $0.10 and $0.12.
As cryptocurrency prices continue to trade sideways, investors are closely monitoring the trajectory of major cryptocurrencies like Bitcoin Cash, Algorand, and Shiba Memu. With innovative features and promising developments, these cryptocurrencies have the potential to make significant moves in the market.