After a massive 80% jump, Cardano’s price is now trading near $0.964, with many questioning whether the coin can sustain its momentum. While some foresee further upside thanks to a U.S. “crypto reserve” led by President Donald Trump, others warn that Cardano may be vulnerable to setbacks if Congress or whale activity undermines the rally.
Amid this intrigue, a new meme contender Panshibi (SHIBI) emerges at $0.005, raising more than $1.22 million and capturing attention from meme enthusiasts seeking alternative gains. Below, we examine these developments and how traders can weigh their options.
The Cardano price soared above $1, only to settle back to the mid-$ 0.90s. Some blame overbought conditions and profit-taking by major players. Although Cardano’s run made headlines, skeptics highlight multiple reasons not to buy ADA just yet.
First is that Trump’s plan for a strategic crypto reserve still hinges on Congressional approval. If lawmakers block it, any price pump tied to government backing could unravel quickly, leaving Cardano holders vulnerable to a selloff.
Secondly, Data shows whales sold 110 million ADA during the surge, implying big-money traders lack long-term confidence at these elevated prices. Their selling may restrict Cardano’s ability to hold above $1 if broader sentiment weakens.
Lastly, an overbought RSI near 67 and waning MACD histogram bars suggest buyer enthusiasm could be fading. If the coin loses support at $0.97, chart watchers warn of potential dips to $0.81 or even $0.65.
Cardano’s success rests on bridging these concerns and navigating the political, institutional, and whale-driven hurdles that might derail its recent rally. Those who believe the coin’s fundamentals and the upcoming White House Crypto Summit could trigger more upside must also accept the volatility that shapes short-term price action.
While Cardano price updates dominate serious altcoin discussions, Panshibi (SHIBI) appeals to a different crowd with comedic branding and structured tokenomics. Priced at $0.005, Panshibi secures liquidity for 10 years and locks team tokens for two moves meant to mitigate the sudden dumps that plague many meme coins.
An audit further solidifies trust, catering to investors who crave comedic returns but want some degree of security.
Early backers say an AI-based “social-fi” model sets $SHIBI apart by incentivising holders to stake, complete quests, and remain engaged beyond a quick hype cycle. If mainstream interest in meme coins reignites, Panshibi’s fresh branding and locked liquidity may draw risk-seeking traders. The project’s more robust approach could help it survive the initial hype phase better than typical short-lived memes.
An 80% rally above $1 forced the Cardano price into the spotlight, but questions remain over the U.S. crypto reserve’s viability and whales’ selling actions. Despite these red flags, some see potential for Cardano if it can hold above key supports and harness more bullish news.
Meanwhile, Panshibi (SHIBI) capitalizes on comedic flair, locked security, and an active community to stake its claim in a volatile market. Both stories underscore that crypto remains driven by headlines, big bets, and sentiment offering opportunities for those willing to accept the associated risks.
You can participate in the Panshibi presale here:
Telegram: https://t.me/panshibi
Twitter: https://x.com/panshibi_
Website: https://panshibi.com
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