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Investors are anxiously in search of the most accurate Tron price prediction amid a volatile market downturn. Solana and Tron are two of the most widely held crypto assets, yet recent price movements have left many holders reeling from losses.
In response, some investors have already started selling, fearing further declines. Market analysts warn that the worst may not be over. According to industry experts, Tron and Solanacould face an additional 40% crash within the next 48 hours, leading many investors to seek a safer alternative.
The latest buzz in the market is Panshibi, a new meme coin with the potential to mint investors at least 100x in profits. Panshibi has started gaining traction, making it an attractive hedge against the looming Solana and Tron downturn. Let’s uncover the details surrounding Tron price prediction, Solana’s current outlook and why Panshibi might be the must-have in this season.
Tron Price Prediction
Despite new developments in the Tron ecosystem, the price action of TRX remains weak. Tron founder Justin Sun recently announced that Tether’s USDT stablecoin will soon feature commission-free transactions on the Tron blockchain.
Sun’s post on X (formerly Twitter) on February 25 shows that Tron’s Gas Free feature will allow users to make USDT transactions without needing TRX for gas fees. While this should be a positive development for Tron’s long-term growth, its price action tells a different story.
Tron has been on a downward trajectory, buying and selling at a current price of $0.229. The intense selling pressure over the past two weeks has put TRX in a precarious position, with bears tightening their grip on the market. Tron's recent run shows a dearth of buying momentum, which has exposed the token to the possibility of another 40% dump this week.
Unless the sellers' grip loosens, Tron might fall through critical support zones deeper into bearish territory.
Solana's Decline Continues
Solana started this year with bullish momentum, reaching a yearly high last month. However, February has been brutal for Solana holders, with prices tumbling by 19.5% in just one week.
The price of Solana seems to be in a steep decline for almost two weeks, erasing most of the profits from its January surge. Ongoing sell-offs have caused the SOL price to plunge to $141.64, reflecting a 15.18% drop over the week.
Buyers are desperately trying to reclaim the $150 resistance level, but given the immense selling pressure, this recovery attempt seems unlikely to succeed. Analysts warn that if Solana fails to close the month above this critical price point, the bearish momentum could escalate, leading to another 40% dump.
The Solana network also experienced decreasing activity, further eroding investor confidence. With technicals in red alert, most Solana holders are second-guessing their holding positions, believing that the losing trend may continue.
Panshibi: The Must-Have in this Season
Panshibi is proving the latest meme sensation in the market today, housing the flocking herd of investors and market participants in its safe and secure Bamboo Valley. This new meme coin is inspired by Asian culture and has a Panda mascot and a unique ecosystem designed to reward early adopters.
This project is ultimately one investors cannot ignore; look at the numbers given the strong market headwinds. In a few weeks alone, Panshibi's 60-day presale has managed to surpass $1.1M, showing that the project is gaining serious traction amid a market downturn. That’s really impressive.
When you buy SHIBI tokens and join the project, you unlock early access to various benefits within the Panshibi ecosystem. These benefits include staking rewards of up to 1200% APY and exclusive membership in the Bamboo VIP club, among others. Moreover, Investor confidence in Panshibi is further reinforced by its strong security measures. The team tokens are locked for two years, eliminating the risk of insider sell-offs.
As of today, SHIBI tokens are available in presale at just $0.005 per token. Demand is expected to soar as more investors recognize Panshibi’s explosive potential, pushing prices higher once it hits the open market.
Join the Panshibi presale today for $0.005 per token;
Telegram: https://t.me/panshibi
Twitter: https://x.com/panshibi_
Website: https://panshibi.com
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
