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Cryptocurrency News Articles

Panshibi (SHIBI) Defies the Bearish Trend as Solana's $2B Unlock Sets Off a Selloff

Feb 26, 2025 at 08:17 pm

The higher the supply, the lower the price. This fundamental economics law held true again for Solana's price as the upcoming $2B token unlock for March 1 set off a bearish storm.

Panshibi (SHIBI) Defies the Bearish Trend as Solana's $2B Unlock Sets Off a Selloff

The higher the supply, the lower the price. This fundamental economics law held true again for Solana’s price as the upcoming $2B token unlock for March 1 set off a bearish storm. However, while the unlock fears have pushed SOL to crucial lows at $140, a different narrative is unfolding in the meme coin space.

Panshibi (SHIBI), a new contender in the crypto arena, is defying the bearish trend with a skyrocketing presale and bold 100x predictions. In fact, Solana’s struggle with the unlock fears has highlighted Panshibi’s ingenious tokenomics, limited supply and lucrative earning opportunities. Could Panshibi outperform Solana this year? Let’s find out.

Solana price fall: $2 billion unlock trigger selloff fears

Solana is facing immense pressure as the crypto community braces for its massive $2 billion unlock on March 1. The impending release of 11.2 million tokens from the FTX debacle has fueled widespread fear of a potential Solana price decline.

As of press time, the altcoin has lost its key support level at $170 after plummeting to $135, the lowest point in four months. The recent Argentinian President-linked LIBRA crash, which wiped out over $250 million in liquidity, dealt a big blow to the Solana ecosystem. Market jitter is evident!

Solana’s price fell a massive 15% intraday, and the weekly DEX active crashed 36% to $16.6 billion. Even big investors are treading carefully. Market maker Wintermute offloaded $38 million worth of Solana.

Still, analysts are optimistic of stronger rebounds. Investment firm VanEck is still holding on to its lofty $520 Solana price prediction, citing meme coin growth and institutional adoption as a driver. Other analysts forecast a surge to $280 and $340 a far cry from today’s lows. Many investors view the fall as an excellent “buy the dip” opportunity, while the small ones are cutting their losses short for a chance to join Panshibi’s promising meme revolution.

Panshibi’s limited supply buoys presale momentum

The meme market has almost halved its January high as top meme coins fall double-digit percent. However, meme enthusiasts are rallying behind the new Panshibi as the dynamic underdog that defies the general market trends.

While Solana digs its own grave with the almost limitless supply and continuous unlocks, Panshibi’s brilliant tokenomics and limited supply have surged demand astronomically.

With its Stage 4 presale already soaring past $1.15 million, SHIBI is proving to be more than just another viral sensation. A potential Binance listing has only intensified the excitement, leaving investors wondering: is this the next breakout star of 2025?

Unlike many meme coins that rely solely on hype, Panshibi brings real utility to what the meme culture entails.

Its AI-powered quests, social-fi mechanics and community-driven incentives create an engaging ecosystem where holders actively participate rather than passively speculate. This unique approach fosters a self-sustaining economy, setting SHIBI apart from the typical pump-and-dump narratives.

This is evident in the Panshibi presale, which has seen an incredible sellout speed for the first three stages. As the presale enters Stage 4, SHIBI is available for purchase at an attractive price of $0.005.

The limited supply has also fueled astronomical demand for the token. Only 60% of the total supply was allocated to the presale.

If the sellout speed for the first three stages is anything to consider, investors may snap up all the allocations faster than expected.

The presale is still on just $0.005 in stage 4.

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Other articles published on Feb 27, 2025