Dogecoin Faces Whales' Wrath as 100M DOGE Sell-Off Overshadows ETF Hype, Panshibi Emerges as the New Meme King

Despite analysts' positive Dogecoin price predictions, the recent Grayscale's Dogecoin ETF filing has failed to ignite the expected bullish momentum.

Dogecoin’s recent price movements have been a cause for concern. The meme token has seen a significant decline of 30% in the past 30 days, dropping below the crucial support level of $0.25.

This decline can be attributed to the broader market downturn and the increasing selloff, which has reversed the impressive gains made in Q4 2024. The decrease in whale accumulation, which reached 88% from mid-November, has also played a role in the fall.

Moreover, a substantial transaction from an unidentified wallet to Binance, involving the transfer of 100 million DOGE (approximately $25 million at the current price), has sparked speculation among the crypto community.

Some believe that this large-scale selloff could lead to a further decline in DOGE’s price, creating a chain reaction among retail investors.

However, others, such as Ali Martinez, are optimistic about Dogecoin’s price potential if it manages to hold above $0.19, which would serve as the support level of its ascending trendline, potentially catapulting it to $4 in the long term.

Amidst the ongoing discussions regarding a potential Dogecoin ETF, which could attract institutional investors and potentially offset the impact of whale selloffs, Panshibi emerges as a safer bet with its AI-driven social-fi meme revolution.

While Dogecoin’s price has been largely driven by speculative hype and Elon Musk's endorsements over the years, Panshibi embodies a fresh narrative of innovation and community.

Despite the challenges faced by the meme giant, with its stumbling block and the broader market decline, Panshibi has continued to push forward with a strategy that emphasizes transparency and innovation.

The project has hit a snag, but Panshibi has carried on the legacy with a clear vision and dedication to its community, unlike anything we've seen before.

This is further complemented by its AI and social-fi integration for social engagement activities, enhancing user interaction and fostering a vibrant community.

To top it off, investors can bet their $SHIBI tokens and earn annual percentage yields (APYs) of up to 1,200 percent, all while engaging in gamified activities that offer incentives.

On the other hand, the project’s smart contract has been audited by a reputable firm, ensuring the security of funds and transactions.

Furthermore, crucial allocations have been locked to demonstrate a long-term commitment to the revolution.

These strategies have contributed to the ongoing 60-day presale success, with starting prices as low as $0.002 per token and current prices at $0.005 in Stage 4.

As the presale progresses, the price is bound to increase, making it an optimal time to participate and potentially reap the benefits of Panshibi's vision.

While Dogecoin may have had its moments, the time has come for a new meme to ascend the throne. Panshibi is quickly becoming the next 100x meme gem.

This new meme project combines the cultural appeal of Asia and the lovable Panda touch with the meme’s camaraderie.

The project has reached a total of 100K members across all platforms and is preparing for tier-one CEX listings.

This, coupled with the presale price of just $0.005 in stage 4, and analysts are predicting a 145,000% growth of its visionary roadmap, which includes the NFT launch, the development of a staking platform, and plans for tier-one CEX listings.

You can participate in the Panshibi presale here:

Telegram: https://t.me/panshibi

Twitter: https://x.com/panshibi_

Website: https://panshibi.com