With the general cryptocurrency market struggling with a downtrend, enthusiasts will hope for a price upswing in the current week. Experts say that Shiba Inu can go on a bullish run in a week or two and probably break its four-year-old ATH at $0.000088.
Panshibi is already on presale and has nearly raised $1 million in under 2 weeks. Analysts think it could become a top meme coin due to its community and the incentives it offers, such as staking rewards, governance rights, and exclusive VIP membership.
What you'll learn 👉
Shiba Inu Dips Amid Crypto Downturn
Shiba Inu, like most top meme coins in the market, has fallen considerably in the past week amid harsh crypto market conditions. The Shiba Inu price is at $0.00001449, 41% less than its price from last month.
With the meme coin supersonic boom still one of the most dominant narratives in the crypto sphere, some investors believe this could be a perfect entry point and are going all out to buy the dip, largely trusting Shiba Inu’s reputation as a top meme coin in the market and the potential effects of its token burns.
But, perhaps Panshibi is a better investment option as analysts believe it could be the next 100x altcoin. The Shiba Inu price is bleeding across different timeframes, and nobody is exactly sure about the bullish prediction or how high Shiba Inu would rise if the predictions come true.
Analysts Say Panshibi Could Do a 20x
Analysts are always making bold predictions for crypto tokens, but their bullish forecasts for Panshibi are rooted in the meme coin’s ICO and its utility.
Like most top meme coins, Panshibi has an interesting lore. The new meme coin combines three distinct communities, Pandas, Asians, and meme coins, to provide a unique narrative never seen before. Additionally, it blends utility with aesthetics and fun to appeal to a wide range of investors.
Investors who are heavy on utility will find that Panshibi is an ideal investment ahead of the bull run. The meme coin offers passive earning opportunities in the form of staking rewards to token holders. Furthermore, it grants governance rights and access to an exclusive VIP membership club.
According to analysts, Panshibi could do 20x after it launches on major exchange platforms and could potentially become the next 100x altcoin in the market.
Panshibi is currently in presale, and if the presale performance is anything to go by, analysts’ 20x prediction may be spot on, as the meme coin is even showing glimpses of a 100x altcoin.
The meme coin has raised more than half a million in less than two weeks and looks set to hit its target in no time, with interest from other meme coin communities such as Dogecoin and Shiba Inu growing.
Conclusion
February could be a month to remember in the crypto industry. Although the Shiba Inu price is on a downtrend, analysts are not ruling out a price rebound this month. The dog-themed meme coin is currently facing pressure from potential selloffs but maybe a price surge will reassure the SHIB investors.
On the other hand, Panshibi is the rave of the moment. It’s presale is the toast of the crypto market right now, and while some experts believe the SHIBI token could spike 20x, some others are even more bullish, confident that the new crypto could be the next 100x altcoin.
The SHIBI presale is currently in stage 3, and you can still purchase it for $0.004 if you act quickly before the price increases.
Join the Panshibi ($SHIBI) presale and community:
Join Panshibi ($SHIBI) Presale
Join the Panshibi ($SHIBI) Community
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