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Cryptocurrency News Articles

XRP (Ripple) Investors Flocking to Panshibi (SHIBI) as Meme Coin Season Heats Up

Feb 27, 2025 at 10:15 pm

Ripple (XRP) has faced a sharp downturn as whale investors offload massive holdings amid macroeconomic uncertainty and ongoing underperformance.

XRP (Ripple) Investors Flocking to Panshibi (SHIBI) as Meme Coin Season Heats Up

Ripple (XRP) has seen a sharp downturn as whale investors have been dumping massive holdings amid macroeconomic uncertainty and the ongoing underperformance of the cryptocurrency. However, with meme coin season making a strong comeback, XRP holders are now making big bets on Panshibi (SHIBI), a fast-rising crypto presale that has already raised over $1.16 million and is currently in Stage 4 at $0.05.

Panshibi is an exciting new crypto project that unites three major communities - Asia, Pandas and Meme coins - while integrating Social-Fi and AI elements. Its native token, $SHIBI, offers lucrative staking rewards of up to 1,200% APY and exclusive access to the Bamboo Private VIP Members Club. With its massive profit potential and growing adoption across crypto markets, early investors are positioning themselves ahead of an anticipated surge as presale prices continue to rise.

Ripple (XRP) faces downturn with major whales selling

The price of Ripple (XRP) has dropped significantly over the last month, with whale investors dumping substantial holdings amid broader market declines. Recent data shows that notable wallets have decreased their balances by 370 million Ripple, equating to $851 million in sell-offs.

The price of Ripple (XRP) has dropped significantly over the last month, with whale investors dumping substantial holdings amid broader market declines. Recent data shows that notable wallets have decreased their balances by 370 million Ripple, equating to $851 million in sell-offs.

This sharp reduction in holdings signals sustained bearish sentiment, which could contribute to further downward pressure on Ripple’s price. Additionally, the open interest-weighted funding rate for Ripple has turned negative, a shift that previously signaled upcoming price reversals. This rate remained positive throughout January and most of February, but recent red bars indicate growing bearish sentiment among traders.

Analysts suggest that excessive shorting could lead to a short squeeze, potentially driving a price rebound if buying pressure increases. Overall, uncertainty remains as traders keep an eye on market trends to determine whether Ripple is nearing a critical inflection point.

XRP investors making huge bets on Panshibi (SHIBI)

While Ripple has been facing difficulties, investors are turning their attention to Panshibi, a promising new meme coin that is quickly gaining popularity. Inspired by pandas and Asia’s vibrant crypto community, Panshibi combines the strengths of meme coins, Social-Fi and AI-driven gamification.

While Ripple has been facing difficulties, investors are turning their attention to Panshibi, a promising new meme coin that is quickly gaining popularity. Inspired by pandas and Asia’s vibrant crypto community, Panshibi combines the strengths of meme coins, Social-Fi and AI-driven gamification.

Panshibi allows token holders to engage in quests and earn rewards. Its native token, $SHIBI, offers lucrative incentives, including up to 1,200% APY through staking and exclusive access to the Bamboo Private VIP Members Club. With experts predicting it to be the biggest Asian-inspired meme coin in 2025, the excitement around Panshibi continues to grow.

The presale of $SHIBI is set for a 60-day period with a cap of $10 million. So far, Panshibi has managed to raise over $1.16 million in presale stage 4 at $0.005. The token price is set to rise 1,200% during the presale and is projected to surge by 145,000% post-launch.

Moreover, the liquidity pool will be locked for 10 years and team tokens will remain locked for two years, ensuring long-term stability. Panshibi also prioritizes security, having its $SHIBI smart contract undergo a full audit by Coinsult, which was passed with no issues.

As the presale progresses through 15 stages, each price increase draws more attention from investors, including those from the XRP community. Panshibi plans to list on multiple top centralized exchanges.

As the presale progresses through 15 stages, each price increase draws more attention from investors, including those from the XRP community. Panshibi plans to list on multiple top centralized exchanges.

With meme coin season returning, XRP investors and crypto enthusiasts are closely watching Panshibi's rise, betting on its potential to dominate the meme coin space in 2025.

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Other articles published on Feb 28, 2025