The Rise and Fall of DOGE and PEPE, and the Rise of Panshibi

The Dogecoin price has been a roller coaster ride for years, particularly since Tesla CEO Elon Musk took an interest in the meme token.

The price of Dogecoin (CRYPTO: DOGE) has been a wild ride over the years, especially since Tesla (NASDAQ:TSLA) CEO Elon Musk took an interest in the meme token. Once driven by Musk’s tweets and massive social media hype, DOGE soared to incredible heights before experiencing a dramatic crash. Now, as dog-themed coins face renewed scrutiny and PEPE’s (CRYPTO: PEPE) market share wavers, a newcomer named Panshibi is making its claim in the meme coin arena. Here's a look at DOGE’s tumultuous history, PEPE’s uncertain standing, and how Panshibi ($SHIBI) might reshuffle the meme coin rankings in 2025.

The Rise and Fall of DOGE under Musk’s Influence

Dogecoin’s connection to Elon Musk began in early 2021 when he posted a Lion King DOGE meme, sparking a wild rally. Retail investors joined in, and the token’s value skyrocketed, at least for a while. After months of hype and a constant stream of cryptic tweets, Musk appeared on Saturday Night Live, building anticipation that DOGE would “go to the moon.” However, immediately after the show, the Dogecoin price crashed, losing over 70% of its all-time high in the following months.

Musk’s waning interest and sporadic tweets have left DOGE holders wondering if the billionaire’s fancy will ever restore the earlier magic. While his occasional mentions still tend to jolt the market, many traders have moved on, seeking other meme coins with more tangible roadmaps or consistent community growth. Meanwhile, DOGE struggles to maintain relevance amid an onslaught of new projects, some promising and others destined to fade away.

PEPE’s Market Share under Fire

Following DOGE’s massive bull run, the meme coin world seemed to pivot toward PEPE, a project playing off the iconic Pepe the Frog meme. Initially, PEPE enjoyed a burst of success, generating hype-driven gains and fostering a vibrant community. But like DOGE, PEPE has found it difficult to sustain that enthusiasm. Questions about market share abound, especially as new tokens enter the scene with fresh branding and strong presale structures.

While PEPE gained momentum by capitalizing on internet culture, critics argue that it lacks the strong utility or security frameworks that many modern meme coins aim to implement. The result? Investors seeking high-risk, high-reward tokens are now scanning the market for something more stable yet equally exciting. This is where Panshibi comes in, offering a panda-themed spin on a sector that often leans heavily on canine and amphibian motifs.

Panshibi: The Panda-Themed Contender

Panshibi is a structured presale project that combines the fun of meme coins with a systematic approach to liquidity and community governance. During its 60-day presale, Panshibi divides fundraising into stages, each slightly increasing the token price. This format allows both thrill-seeking investors and more conservative participants to get in before any massive price leaps. The early stages have already sold out at impressive speeds, indicating strong early faith in the project’s long-term viability.

Priority is given to security. Panshibi locks liquidity for 10 years, team tokens for two years, and has undergone a Coinsult audit. Post-presale, the plan is to renounce contract ownership, essentially transferring governance to the community. In addition to these measures, Panshibi touts AI-driven “social-fi” features, aiming to keep users actively engaged rather than selling off after the initial hype. Staking opportunities with potential APYs up to 1,200% could further entice holders looking for more than a one-off pump.

Conclusion

The price of Dogecoin once soared under Elon Musk’s benevolent gaze but now flounders for consistent gains. PEPE, too, faces skepticism about its long-term viability. Amid these uncertainties, Panshibi emerges as a serious competitor, merging a panda motif with strong tokenomics and AI-driven community features. Whether it indeed overthrows DOGE and PEPE depends on investor sentiment, exchange listings, and the broader crypto climate in 2025. But with DOGE woes continuing and PEPE’s market share in question, Panshibi stands poised to become the next big meme coin story, provided it can keep its community entertained and engaged beyond the early rush.

You can learn about the Panshibi presale on its website, Twitter/X account, and Telegram channel.