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Cryptocurrency News Articles

Panshibi ($SHIBI): The New Meme Coin Stealing the Spotlight as Ethereum (ETH) Inches Closer to Falling to the $2,500 Mark

Jan 30, 2025 at 06:16 pm

As Ethereum (ETH) inches closer to falling to the $2,500 mark amid bearish technical signals. A new meme coin, Panshibi ($SHIBI), is stealing the spotlight with experts forecasting 10X gains in its debut week.

Panshibi ($SHIBI): The New Meme Coin Stealing the Spotlight as Ethereum (ETH) Inches Closer to Falling to the $2,500 Mark

As Ethereum (ETH) inches closer to falling to the $2,500 mark amid bearish technical signals, a new meme coin, Panshibi ($SHIBI), is stealing the spotlight with experts forecasting 10X gains in its debut week. While Ethereum’s long-term prospects seem dull, traders are flocking to $SHIBI’s presale for explosive short-term returns.

Panshibi's ICO during the presale phase has attracted crypto enthusiasts through its advanced token design together with a solid support from its community. Experts expect the new token to grow tenfold shortly after launch as Ethereum shows indications of short-term market depreciation.

Investors abreast of Ethereum's latest news are closely watching Panshibi rise because the market shows increasing demand for high-growth meme coin investments. Here’s how both assets are faring and how $SHIBI could outpace ETH’s rally.

Why Ethereum Investors Are Hedging With Panshibi

Ethereum, the leading altcoin, has enjoyed a strong rally recently, trading above $3,100. However, market indicators suggest a potential correction to $2,500. Here’s why analysts are sounding the alarm:

Ethereum continues to be the de facto DeFi cryptocurrency ecosystem, powering a wide range of decentralized applications (dApps) and DeFi projects. Ethereum's latest news shows that demand for top DeFi projects and Non-fungible assets are on the increase, Ethereum remains the backbone of Web3 development. The network has also seen robust trading volumes recently, reflecting strong market interest and confidence in its ongoing evolution.

The return of Ethereum to $2500 would create an attractive investment possibility for speculators who currently delay their market entries. Market indicators through RSI (Relative Strength Index) analysis indicate Ethereum is near its peak trading level thus suggesting traders may pull back to capitalize on their gains. This means ETH prices will likely range around the key support area of $2,400 to $2,700 by mid-February.

Conversely, analysts wary of Ethereum's latest news advise traders to consider diversifying their portfolios into Panshibi ($SHIBI). Panshibi is a Shiba Inu-themed project blending hyper-deflationary tokenomics and viral marketing.

On the other hand, analysts wary of Ethereum's latest news advise traders to consider diversifying their portfolios into Panshibi ($SHIBI). Panshibi is a Shiba Inu-themed project blending hyper-deflationary tokenomics and viral marketing. “Ethereum is the safe bet, but $SHIBI is the moonshot,” says crypto analyst Jason Wu. “Its presale structure mirrors early Shiba Inu vibes this could be 10X within days of hitting exchanges.”

Panshibi’s 60-Day Presale: A Game-Changer in Crypto Dis Don't Miss the $SHIBI Presale Window

Ethereum’s return to $2,500 is a matter of “when,” not “if.” However, $SHIBI’s presale offers a rare chance to front-run a token engineered for vertical growth. With 53 days left before the close of presale and listing 48 hours later, analysts warn that missing this window could mean missing life-changing gains.

Join the Panshibi presale now before Ethereum’s price rally becomes a footnote in $SHIBI’s moon mission.

You can participate in the Panshibi presale here

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Other articles published on Jan 31, 2025