Meme coin drama doesn’t get better than this. One meme coin the Pepecoin crypto struggles with a huge decline while a new one Panshibi looks to upend the frog-themed meme in the process.
It will be the second time a new project will be edging Pepe on its way up in 2025, and it couldn’t be worse-timed for the Pepecoin crypto. On the bright side, Panshibi is worth all the hype it’s getting now.
Hold on for more on the new meme project.
The Pepecoin crypto price is no stranger to volatility. After all, the token was the most volatile token in 2023, as PEPE started trading erratically after its massive launch that year.
After making a 150,000% jump in two months, Pepe went AWOL, and traders were left with no option but to sell off. The past two weeks have seen a similar dump on Pepecoin crypto, although it’s been on a scale never seen before.
The project has lost $6 billion in market cap as more traders are closing their Pepecoin crypto positions in search of profits elsewhere. Reports show that the liquidations have come from sharp drops in futures Open Interest values between January and now. At the moment, the market cap for Pepe sits at $3.95 billion.
There are a lot of mixed signals coming from the Pepe charts. Traders have closed their positions or abandoned their Pepe deposits, but data from the charts show that some of the holders are still loyal to Pepe.
Of course, holders have the most to lose if they jump ship too readily. Plus, Pepe does seem to have its moments during the year where it’s more likely to surge than dip, and we’re approaching them. CoinCarp shows that the number of holders on Pepe rose to over 400,000 in February from 384,000 in January.
The price movement for Pepe has also been horrible, along with the market cap. From ATH at $0.00002828 to $0.000010 now, the meme coin is losing ground on the charts. And fast, too.
Panshibi (SHIBI) is one of the likely destinations for all that Pepe bleeding. Here’s what we know of the new crypto.
The meme sector has become interesting lately, and it has a lot to do with the loss of confidence in the old guard. The Official Trump Coin launched without utility, and it has still managed to jump past Pepecoin crypto to rank 3rd on the meme charts.
Now, analysts are tipping the new Panshibi token for a similar progression, as the new project offers a lot in the way of use cases. The idea of a relaxation spot amid the hustle and bustle of the crypto market is a central theme in Panshibi’s philosophy, even though the platform is so much more.
The Bamboo Valley is a location in the Asian wildlife in Southwest India, and it’s been known for its relatively serene atmosphere while being in the middle of a jungle. That same analogy applies to Panshibi you create your Panda profile and enjoy exploration and questing at your own pace.
From all your quests, you can build quite a stash of SHIBI tokens, which serve as in-game currency and can be converted to fiat currency for use elsewhere. You can also stake your SHIBI tokens on the Panshibi platform, strengthening it beyond the limitations of a meme coin.
Panshibi has every chance of becoming the go-to meme coin in a few months. Get your SHIBI coins and hold long-term there’s profits brewing!
The Panshibi presale is on and in stage 4 already, but you’re not all too late. At least not yet. The earliest buyers are already at 150% gains, but you still have a chance at 4x profits from the rest of the presale.
SHIBI tokens are also available at bargain rates; buy yours at $0.005 each today and settle in for massive returns post-launch!
Join the Panshibi presale today for $0.005 per token;
Telegram: https://t.me/panshibi
Twitter: https://x.com/panshibi_
Website: https://panshibi.com
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