Could Shiba Inu Price Collapse If Panshibi (SHIBI) Gains More Traction in Asian Markets? SHIBI Presale Only $0.005 

The fall rate of the Shiba Inu price in the last few weeks has gotten to an alarming stage, as investors are now moving out in droves.

While part of the factors causing the dip is the ongoing tariff war between the US and other countries, analysts believe another factor responsible for the Shiba inu price drop is the loss of confidence. Investors are throwing in the towel with the Shibarium trading activity showing a significant drop as low as 98% this last few weeks. With the growing concern around the coin, where is the next direction for the price?

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As new meme coins join the crypto market, investors find new favorites, leaving the old meme coins behind. With the market anticipating the launch of the Panshibi meme coin, is Shiba Inu finally nearing a collapse? The rise of the Panshibi meme coin in the last few weeks has been drawing optimism, as analysts believe it could become the Shib killer. Here is the detail.

Why Shiba Inu Price Might Not Recover Soon

The Shiba Inu price has dropped 56% since it started its descent in December last year. Analysts are still divided about what triggered the fall in December, as it was a reversal from an interesting multi-week bull run. However, what seems like a brief correction early on has turned into a full-fledged bear move, showing a free fall and currently trading below the long-term SMAs across timeframes.

The free-fall mode of the Shiba Inu coin has triggered what seems to be a killing of investors’ confidence. Many investors now continue to find a reason to keep selling. The market cap has fallen from $18B in December to just above $8B today. This shows active selling pressure, which experts believe could last long as the dip coincides with a general bearish time in the crypto market.

Why Panshibi Could Be The Shib Killer This Year

The Panshibi meme coin has continued gaining traction with the potential to become the top viral meme coin this year. This follows its ongoing presale round where the project is giving investors profit while other memes dip.

The Panshibi presale has raised over a million dollars in its first four rounds of the presale, returning an ROI of up to 2.5x so far. This has greatly boosted investors’ confidence in the new meme coin as it continues to prove it could deliver more profit for investors even in this bearish season of the crypto market.

However, the Panshibi meme coin has continued threatening the Shiba Inu price. Analysts believe the launch of the Panshibi coin might completely divert attention from Shiba Inu. Following the current crisis around the Shiba Inu price, the breakout of the Panshibi meme coin could cause a collapse for the Shiba Inu coin.

Investors have continued taking advantage of the current price of the Panshibi coin at $0.005 to get a good entry in the presale. The Panshibi presale is set to go on 15 rounds of active price growth, which would give investors up to 8x. Interestingly, there are still about 11 rounds to go. 

Start with the Panshibi coin today in a presale to see up to 5x in the presale and another 100x after it launches.

Join the Panshibi presale today for $0.005 per token;

Telegram: https://t.me/panshibi

Twitter: https://x.com/panshibi_

Website: https://panshibi.com

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