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Crypto Market Shift: Shiba Inu Falls, Panshibi Rises

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by Giorgi Kostiuk

3 days ago


The crypto market is going through turbulent times as many top altcoins are experiencing significant price declines. A prime example is Shiba Inu, whose price has dropped by approximately 30% over the past year. At the same time, Panshibi is emerging, sparking the interest of many investors.

Shiba Inu's Decline and Panshibi's Rise

Shiba Inu, once the talk of the town, is facing challenges this year. Its value has dropped by 30%, stirring discussions in various communities. A recent airdrop of Shiba Inu's new governance token, TREATS, has garnered attention, yet investors worry about potential market share risks. A burn of 77 trillion tokens is planned as part of ecosystem strategies, including ShibaSwap and SHIB-themed metaverse.

BNB's Position over Solana: Implications for Investors

Recently, BNB's market cap surpassed Solana's, reaching over $95 billion, which marked an unexpected market shift. Solana's technology with high-speed transactions remains top-notch, but meme coins on this platform are not keeping the same pace. Investors now seek the next promising investment among ERC20 coins.

Panshibi as the Next Wave in ERC20 Coins

Panshibi (SHIBI) shows significant promise, creating a strong foundation by combining Social-Fi and AI technology. The project aims at three audiences: Asia-oriented, panda enthusiasts, and crypto community members. Early investors enjoy exclusive benefits in the Bamboo Private VIP club, making Panshibi not just a token but an active community with financial potential.

While Solana maintains its position among top altcoins, the opportunity for a unique token like Panshibi is more apparent than ever. Investors who have witnessed the historic surges of meme coins now seek the next investment that promises not just nostalgia but also robust financial outcomes.

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