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Cryptocurrency News Articles

Panshibi (SHIBI): The Panda-Themed Meme Coin Backed by Litecoin and Monero

Feb 08, 2025 at 11:00 pm

The cryptocurrency world is witnessing a fascinating turn of events as established coins like Monero (XMR) and Litecoin have shown their support for a new Defi project that is turning heads. Panshibi (SHIBI), a panda-themed meme coin, is not just another token riding the waves of internet culture; it is rapidly emerging as one of the best cryptocurrencies to buy.

Panshibi (SHIBI): The Panda-Themed Meme Coin Backed by Litecoin and Monero

The cryptocurrency world is abuzz with excitement as two established coins, Monero (XMR) and Litecoin, have thrown their support behind a new Defi project that is turning heads. Panshibi (SHIBI), a panda-themed meme coin, is not just another token riding the waves of internet culture; it is rapidly emerging as one of the best cryptocurrencies to buy.

Hype has been circulating that this new ICO might deliver returns comparable to the early days of Bitcoin. This has resulted in Panshibi being touted as one of the top altcoins and best crypto to buy in today’s market. Let us see what investors think.

Litecoin Closer to Getting SEC ETF Approval: Price Impacts

A spot Litecoin ETF application submitted by Canary Capital to the SEC marks the most crucial recent development that has created optimism for investors. The recent approval of Litecoin ETFs matches similar developments with Bitcoin and Ethereum ETFs to potentially attract more institutional investors toward Litecoin. The number of whale transactions on Litecoin’s network has risen, indicating that investors strongly believe in the coin.

In terms of price performance, Litecoin has experienced considerable volatility over the last week. Initially, the news of the ETF filings gave LTC a boost, pushing its price to a 14-day high of $135. However, this was followed by a correction, with Litecoin dipping by about 8.51% on February 2.

Despite this dip, technical analysis suggests that Litecoin could see an upward trajectory in February 2025, with potential highs around $224.71 and an average price of $149.16, indicating a possible recovery and bullish trend if ETF approval rumors solidify.

Confidence from Established Cryptos: Will Monero See Litecoin Levels of Progress?

Recent developments strengthen Monero (XMR) as it maintains its position in the privacy coin sector. The hotel establishment in Georgia has begun accepting Monero payments for transacting business, indicating increasing real-world adoption.

The price movement of Monero has been shaped by the overall market dynamics and public responses to U.S. policy shifts under President Trump as well as X platform interest in Monero privacy features during cryptocurrency regulation debates.

Monero and Litecoin have long been considered stalwarts in the crypto ecosystem. Monero, renowned for its privacy features, and Litecoin, often celebrated as the silver to Bitcoin’s gold, are both showing major confidence in Panshibi. Their support is a significant indicator of trust, especially coming from coins that have a proven track record in terms of security and innovation.

With its promise of community-driven growth and the potential for massive returns, Panshibi is quickly positioning itself as a standout project among the best Defi projects currently in the market.

Panshibi Market Potential and Future Prospects: Early Investors See 100% ROI

Panshibi is designed to be much more than just a meme coin. Its narrative centers on a playful yet powerful panda theme that appeals to a global audience. The project seeks to combine the fun and viral nature of meme coins with real, tangible utility.

The cryptocurrency market has welcomed Panshibi as a prominent meme coin player that shows great potential for investors joining early.

The Panshibi presale campaign has gained significant attention through its eye-catching token distribution model, leading to $630,000 total funds raised so far. Currently in Stage 3 of its presale, SHIBI is selling for $0.004 per token. The fusion between Social-Fi technology and AI creates Panshibi into a project beyond meme coins. Panshibi through its real-world usefulness and staking rewards will provide up to 1,200% annual percentage yield (APY) for investors.

Experts predict that Panshibi investors who enter early will yield a 150x return on investment following its launch and potentially receive a 145,000% gain after its listing process. The optimistic outlook stems from Panshibi’s strategic direction, which includes listing on DEXs such as Uniswap and eventually on CEXs like Binance and Coinbase.

In conclusion, the backing of reputable projects like Monero and Litecoin lends significant credibility to Panshibi’s ambitious vision. The coin’s innovative approach, combining a viral panda theme with robust DeFi functionality and a community-first governance model, sets it apart from many other meme coins in the market.

Panshibi Presale Is Blasting Full Steam Ahead

With the current Panshibi presale numbers, it will not be surprising if major exchanges such as Binance and Coinbase confirm its listing. This would shift the market dynamics dramatically in favor of Panshibi, which would lead to a surge in price and market cap. Panshibi could deliver returns that echo the explosive early growth of top altcoins, such as Monero and Litecoin.

For investors seeking the best crypto to buy in 2025, especially among the new ICOs, Panshibi is undoubtedly the meme coin to

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