PayPal, one of the world’s leading payment service providers, announced the launch of its stablecoin, PYUSD, earlier this week. This US Dollar-pegged stablecoin can be used by PayPal users to make purchases online and convert to and from other cryptocurrencies. With PayPal entering the stablecoin market, more than 400 million users could soon have access to cryptocurrencies, which could lead to a major adoption of digital assets over the coming months and years.
Shiba Memu is a promising Web3 project that could benefit from the increased adoption of cryptocurrencies. The project is currently in its presale stage and has already raised more than $1.7 million. It combines the power of artificial intelligence and blockchain technology to create an unstoppable, self-sufficient marketing powerhouse. Shiba Memu’s platform will be active 24/7, providing advertisements that are superior to those created by traditional marketing agencies. Moreover, it is launching as a meme coin, leveraging the recent popularity of meme coins, which have seen their market cap grow from practically zero in 2020 to over $20 billion in 2022.
Investing in a project is always a personal decision, however, the best time to buy is usually during the presale stage. Tokens are usually sold at a discount during this period and tend to surge higher once they are listed on exchanges. With the cryptocurrency market performing well since the start of the year, now might be a good time to invest in Shiba Memu. To find out more about the presale event, click here.
