After last weekend’s Strategic Crypto Reserve announcement, Layer-1 blockchains, including SOL, ADA, etc., soared, posting double-digit gains; meme-based projects like Dogecoin crypto, TRUMP, etc., also saw modest gains. However, within 72 hours, these gains were completely wiped out, leaving investors scrambling.
At this point, the market has reclaimed what our crypto President gave us. But despite the downturn, some investors believe memes will reignite the market this season like they always do, leading them to identify Dogecoin crypto and Panshibi as the best memes to buy now.
Panshibi (SHIBI) is a viral meme-based project that is making a name for itself in the saturated meme niche of the market. Could this new project go toe-to-toe with Dogecoin and mint investors the highest profit margins this season? Let’s find out.
Could Dogecoin Crypto Re-ignite the Market?
Dogecoin wasn’t among the biggest gainers on Sunday after the unexpected crypto reserve announcement sent top altcoins soaring. After snapping a five-day consolidation, Dogecoin crypto managed to post a single-digit profit, but like most assets, the token’s trajectory has retreated.
The recent filing by NYSE Arca for the Dogecoin ETF with the SEC on Monday did not add positive momentum to the token’s trajectory; instead, it saw a market dump. DOGE has since slipped past key support levels to trade at $0.20 at the time of writing.
Dogecoin crypto has now crashed 20% from its highest price point on Monday. This sharp pullback pushed the token’s year-to-date performance to a 39.8% loss. Things haven’t been good for Dogecoin crypto in the last few weeks; the token slipped past SMA 200 in the final days of February and since then traded below it, confirming its protracted bearish trend.
Holders who held long positions have begun liquidating their assets, which could put Dogecoin at a greater risk of another market crash. However, analysts point out that traders might see the dip as an entry point and hope bulls defend the $0.190 support for the next 48 hours.
Investors know they must move as soon as they get a chance before our crypto president gets to host the first-ever White House Crypto Summit on Friday. Do they buy the dip in Dogecoin and hope the token re-ignites the market, or place their bets on Panshibi, the new meme sensation?
The Viral Panshibi
Panshibi (SHIBI) is a viral meme coin reinforcing the hope of investors in the meme niche with its rapidly growing community. This meme coin is an Asian-inspired one with the black and white bamboo lover, the Panda, as its mascot.
The Panshibi community consists of three of the largest communities in the world, namely the meme project enthusiasts, the Panda lovers, and the market participants from the Asian market. At the rate the Panshibi community grows, it could boast one the biggest online presences in the crypto space. The community is housed in the Bamboo Valley, where they are sheltered and protected from the exploitation of the corrupt bigwigs and get access to tons of benefits and rewards. Some of these include earning a passive income by competing in quests, reaping a minimum of 1,200% APY via staking, and having exclusive access to the VIP Bamboo Club.
Another distinctive thing about the Panshibi project is its structured growth blueprint. The formal team of the SHIBI project proposed a strategic and robust roadmap that would secure it a spot in the top 100 crypto assets by the fall of 2025. The first thing on this roadmap is securing multiple listings in the biggest CEXs and DEXs, and that’s exactly what the team is focused on. Securing a listing on an exchange like Coinbase or Binance after it completes its ongoing 60-day presale could trigger pumps of up to 100x.
The 60–day presale is almost completed, meaning investors like you have a limited timeframe to purchase SHIBI tokens while it is still sold for a discounted fee of $0.005. Make sure you join other degens and investors today who are placing their bets on Panshibi.
Join the Panshibi presale today for $0.005 per token;
Telegram: https://t.me/panshibi
Twitter: https://x.com/panshibi_
Website: https://panshibi.com
This article is not intended as financial advice. Educational purposes only.
