Shiba Inu and Solana Experience Over 20% Decline Since February 1st as a New Meme Coin Could Dominate This Year

The current crypto market downturn has resulted in significant losses in profits and value for most tokens. Leading altcoins such as Shiba Inu have seen their early-year gains vanish, while Solana faces an uncertain future ahead. New crypto projects are emerging as potential lucrative opportunities, with one particularly standing out from the crowd. 

Today, a new token is making waves, aiming to break into the top 20 cryptos swiftly. This innovative crypto is exploring new horizons in social-FI and AI, attracting the attention of traders and investors eager to capitalize on its numerous advantages. 

Shiba Inu Price Falls 32% to Its Lowest Point in Five Months 

On Monday, February 2nd, Shiba Inu hit its lowest price since September 2024, experiencing a 32% drop. The candlesticks remain in the red for SHIB, causing concern over its next rally, while investors are on the lookout for new high-reward projects in the market.

Shiba Inu's recent downturn is attributed to the broader market instability stemming from trade wars initiated by United States President Donald Trump against Canada, Mexico, and China. This has led to a broader crypto sell-off, igniting an anti-risk sentiment where investors are shedding speculative assets and low-liquidity altcoins like DOGE and SHIB, shifting their focus to more stable investments.

According to CoinMarketCap, Shiba Inu's price has decreased by 11.69% over the past week and has seen a 31.98% decline in the last month.

Market Downturn Overshadows Solana's $258 Billion Record High 

In early January, the Solana network achieved a record milestone of $258 billion, but sentiments shifted dramatically as Solana's price fell sharply last Sunday to $210, marking a nearly 30% drop from its highest rally this year. 

Similar to SHIB, the ongoing sell-off in the crypto market has pushed Solana deep into negative territory. Reports indicate that the total crypto market capitalization has plummeted by 4% to $3.4 trillion, with varying degrees of decline across crypto projects.

Analysts suggest that a successful rally in February could propel Solana to surpass a $1 trillion milestone, given that the ecosystem processes $40 billion in volume weekly. Despite these speculations, Solana's price has experienced a 10.17% decline over the past week and a 5.69% drop over the past month. 

The massive sell-off has the crypto market on edge, prompting investors to quickly invest in a new meme coin that promises significant profits for early participants. 

Panshibi: The New Coin Poised to Shake Up the Crypto Market 

Despite the current unease in the crypto market, early adopters are seizing the first-mover advantage to invest in a new social-FI project with the potential to enhance their crypto portfolios. With its promising outlook and clear profit potential, investors are diving in headfirst. 

The new coin, Panshibi, is a meme project that combines social-FI and AI by engaging three vast communities: Asia, meme coin enthusiasts, and panda lovers, to create wealth for its investors. The panda-themed Panshibi (SHIBI) has developed a tokenomics model that rewards long-term holders generously. Of particular note is its staking system, which offers APYs as high as 1,200%, generating passive income for its investors. 

A comprehensive audit by Consult confirms the security of the Panshibi smart contract, complemented by a 10-year liquidity lock that ensures process stability.

Join the Rally as Panshibi Presale is Expected to Sell Out Quickly

During the initial stage of the $SHIBI presale, the token was priced at $0.002, and it has since risen to $0.004 in the current third stage. However, investors in stage three still have the opportunity to gain as the presale progresses, with a 25% profit anticipated when the SHIBI token price reaches $0.005 in the upcoming stage.

The most exciting aspect is that experts have forecasted a 145,000% increase following SHIBI's launch on major exchanges, positioning $SHIBI among the top altcoins to watch in 2025. 

You can participate in the Panshibi presale here:

Telegram

Twitter

Website