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The ongoing crypto sell-off has seen most tokens bleed out their profits and value. Top altcoins like Shiba Inu have lost the profits amassed over the new year, whilst others like Solana face a future full of uncertainty. New crypto projects seem likely to be profitable ventures, but one is showing more prospects than the others.
Today, a new token is surfacing, intending to surge to the top 20 cryptos in no time. This new crypto is pushing the boundaries of social-FI and AI and traders and investors are already queuing up to jump on its many benefits.
Shiba Inu Price Plummets 32% to a Five-month Low
Monday, February 2nd, recorded Shiba Inu's lowest coin price since five months ago in September 2024, when it plunged by 32%. SHIB has yet to green up the candlesticks and there's a lot of anxiety over its next rally, but investors are already actively scouting for new high-profit projects on the market.
Shiba Inu’s recent mishap has been linked to the broader market instability following the trade wars fueled by United States President Donald Trump on Canada, Mexico and China. The consequent crypto sell-off has now triggered a larger anti-risk sentiment, with investors offloading speculative assets and low-liquidity altcoins like DOGE and SHIB, sparking a capital shift from volatile investments to stabler assets.
According to CoinMarketCap, the Shiba Inu price has dropped by 11.69% in the past week and 31.98% over the past month.
Market Sell-off Eclipse Solana $258 Billion Record High
Earlier in January, the Solana network capped a record $258 billion milestone but sentiments took a different turn when the Solana price retreated sharply last Sunday when it dropped to $210, down by almost 30% from its highest rally so far this year.
Like SHIB, the ongoing sell-off in the crypto market has sent Solana into deep red. It was reported that the total crypto market cap crashed by 4% to $3.4 trillion, with varying levels of decline for crypto projects.
Analysts speculate that a successful February rally could see Solana cross a $1 trillion milestone since the ecosystem handles $40 billion in volume every week. Notwithstanding the speculations, the Solana price recorded a 10.17% downtrend in the past week and a 5.69% drop in the past month.
The massive sell-off has the crypto market in jitters and now, investors are scurrying to jump on a new meme coin that offers huge profits for early adopters.
Panshibi: The Upcoming New Coin Set to Take the Crypto Market by Storm
Despite the current misgivings in the crypto market, early adopters are banking on the first-mover advantage to cash in a new social-FI project to boost their crypto portfolios. With its promises and clear profit trajectory, investors are going all the way in.
The new coin, Panshibi, is a meme project that merges social-FI and AI by tapping into three massive communities of Asia, meme coin and pandas, to generate wealth for its investors. The panda-inspired Panshibi (SHIBI) have built a tokenomics that sufficiently rewards long-term holders. More rewarding is its staking system, offering APYs as high as 1,200% and driving passive income for its investors.
There is a full audit by Consult that confirms that the Panshibi smart contract is secure, not to mention the 10-year liquidity lock that guarantees process stability.
Jump on the Rally as Panshibi Presale is Tipped to Sell Out Fast
The first stage of the $SHIBI presale sold at $0.002 and the token price has climbed to $0.004 in the current third stage of the presale. However, stage three investors still stand a chance of making gains as the presale matures, starting with a 25% profit when the SHIBI token price hits $0.005 in the next stage.
The best part is that experts have predicted a 145,000% surge after the SHIBI launch on major exchanges, placing $SHIBI among the top altcoins to look out for in 2025.
You can participate in the Panshibi presale here:
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.
