Shiba Inu & Solana (SOL) Price Crashes Show Major Buys Into Panshibi (SHIBI) Viral Asian Back Meme That’s Looking Like A Sure Bet

The recent price declines of Shiba Inu and Solana (SOL) have prompted savvy investors to shift their focus to Panshibi ($SHIBI), a viral Asian-backed meme coin that appears well-positioned for success.

This emerging cryptocurrency stands out due to its innovative approach, combining playful marketing with a dedicated and engaging community. With many investors now aiming to recover from their recent losses from investing in SHIB and SOL, should Panshibi ($SHIBI) be considered the most suitable alternative? Let’s find out.

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Shiba Inu news: Potential for Another Zero as SHIB Faces Market Pullback

The current crypto market shows signs of decline that took a toll on SHIB. Shiba Inu has experienced a week-on-week drop of 7%, as its price currently stands at $0.00001409. SHIB’s price also currently stands below its essential support threshold, indicating it could experience even more value depreciation that might reduce its current worth by another zero.

Meanwhile, recent Shiba Inu news revealed that investors bought about 77 trillion SHIB tokens at an average price of $0.00001. If SHIB can’t maintain its support at this price, more selling could drive the price down further. SHIB is also close to a key price floor of $0.000013, which was strongly supported in September 2024. The token is struggling to stay above this level due to the current market downturn.

Solana Faces Major Setback Amid Crypto Market Crash

Solana (SOL) was also one of the altcoins that was heavily hit by the ongoing bearish market, having recently declined to a three-month low of $132. Adding to the pressure was Binance’s $15.6 million SOL selloff – a move that had analysts predict that Solana’s price could drop to $100.

From a technical perspective, Solana’s price has dropped below the crucial support levels at $150. This price drop also formed a “death cross” pattern – a scenario when the 50-day moving average falls below the 200-day moving average, suggesting further declines could follow. Currently, Solana’s price hovers around $143.97, down by 16% on the weekly charts.

Panshibi: Beyond Meme Hype, Real Utility with Panda Power

Panshibi offers a refreshing alternative to the typical meme coin experience, moving beyond mere hype to provide real value. Unlike many projects that rely solely on the thrill of speculation, Panshibi uses the power of the beloved panda to create a fun yet meaningful ecosystem. Analysts are already buzzing with excitement, predicting staggering growth upon its listing on major exchanges like Binance.

One of the basic reasons investors find Panshibi attractive arises from its AI-powered social finance features that drive innovation. The platform adopts a customized method that promotes user participation through rewarding social activities that bring value to all participants.

Panshibi also offers users the potential to generate passive income through its system. Token holders can obtain an impressive annual percentage yield (APY) of 1200%, which makes this an appealing option for growing their investments over time.

The meme coin project features lucrative annual returns and exclusive NFT collectibles that offer users visual and functional advantages. Moreover, holders gain VIP access to premium content, enriching their overall experience with unique benefits that increase the value of their investment.

Panshibi Presale: $0.005 Stage 4 – 1200% Growth in 60 Days!

Panshibi’s presale is still on, selling at just $0.005 in stage 4. So far, Panshibi has raised a massive $1.16 million within the first month of its presale after selling out three stages with lightning speed. By the time it officially lists, the price will have increased to $0.026, a remarkable 1200% in just 60 days.

You can participate in the Panshibi presale here:

Telegram: https://t.me/panshibi

Twitter: https://x.com/panshibi_

Website: https://panshibi.com

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.