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Cryptocurrency News Articles
Meme Coin Panshibi (SHIBI) Snowballs into Massive Presale Frenzy!
Mar 03, 2025 at 02:40 am
Panshibi ($SHIBI) is making waves as the hottest meme coin presale of Q1 2025, already raising nearly $1.2 million.
Solana (SOL) has taken a substantial hit, dropping to $130 after a 43% decline this month. Its Total Value Locked (TVL) also saw a major setback, decreasing from $12 billion to $6.93 billion. Investor confidence continues to wane as Solana’s ecosystem struggles.
Solana Price Plummets to $130 Amid Bearish Trends and Market Uncertainty
Solana price has been encountering significant bearish trends, with its price dropping to $130 following a 43% decline this month. The weekly chart pattern now resembles the 26-period EMA crossing above the 12 EMA and a negative MACD reading, suggesting a potential continuation of the bearish pressure.
Solana’s TVL also plunged from $12 billion to $6.93 billion, further indicating waning investor confidence. However, a contrarian whale recently purchased $14 million worth of Solana, briefly pushing the price to $145. This buy-in occurred before a $1.75 billion token unlock, typically triggering selling pressure.
Solana's meme coins saw a collective market cap drop from $25 billion in January to $8.9 billion. Solana's total TVL also dropped to $5.38 billion, with a 20% decline in weekly decentralized exchange volume.
If the downward momentum persists, the Solana price could test lower support levels, with $110 and $78.91 as potential downside targets. The anticipated “death cross” between the 50-day and 200-day moving averages suggests further risks.
However, if demand rebounds after the token unlock, SOL could reclaim the $170 resistance in reversing the typical “buy the rumor, sell the news” scenario. The coming days will be crucial in determining whether the Solana price continues its slide or finds a foothold for recovery.
Viral Meme Coin Panshibi ($SHIBI) Is Making a Splash!
Panshibi is the hottest meme coin presale of Q1 2025, already raising nearly $1.2 million. It's a unique project that combines social-fi and AI elements to create a strong meme community.
Panshibi token holders can stake to earn up to 1,200% APY and gain access to the exclusive Bamboo Private VIP Members Club.
Solana (SOL) price has plummeted to $130 after a 43% drop this month, as investor confidence continues to dwindle.
Solana’s ecosystem has been struggling, with meme coins in the ecosystem seeing their market caps fall from $25 billion to $8.9 billion. TVL also dipped further to $5.38 billion and weekly decentralized exchange volume saw a 20% decrease.
However, in a contrarian move, a whale bought $14 million worth of Solana, briefly pushing the price to $145. This large purchase comes ahead of a $1.75 billion token unlock, which could trigger selling pressure.
If the downward momentum persists, the Solana price could test lower support levels at $110 and $78.91. Further bearish trends are indicated by the anticipated “death cross” between the 50-day and 200-day moving averages.
On the other hand, if demand picks up after the token unlock, SOL could reclaim the $170 resistance, reversing the typical “buy the rumor, sell the news” scenario.
The coming days will be crucial in observing whether the Solana price continues its slide or finds a foothold for recovery.
Viral Meme Coin Panshibi ($SHIBI)
Panshibi is the hottest meme coin presale of Q1 2025, having already raised nearly $1.2 million. It’s a unique project that combines social-fi and AI elements to form a strong meme community.
Panshibi token holders can stake to earn up to 1,200% APY and gain access to the exclusive Bamboo Private VIP Members Club.
Panshibi is quickly becoming the biggest presale in the Asian meme coin market this year. It’s no wonder that experts predict Panshibi will be the biggest Asia-inspired memecoin of 2025.
Panshibi is aiming for an explosive growth trajectory with its $10 million presale cap and a listing strategy targeting major exchanges. The token price is expected to surge 1,200% during presale and 145,000% post-launch.
To ensure long-term stability, the liquidity pool will be locked for 10 years, while team tokens will remain locked for two years. The smart contract has also passed a full security audit by Coinsult, reinforcing trust and transparency within the community.
Investors can participate in 15 presale stages, each driving
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- XCAT Memecoin, the first project to launch on BlocScale Launchpad, has officially kicked off their $XCAT presale round.
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- This milestone cements BlocScale's role as the go-to platform for decentralized fundraising on the XRP Ledger, providing projects with the infrastructure needed to launch and thrive within the XRP ecosystem.
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