SOL price has yet to pull through the $200 price mark, and talks about SOL ETF filings have failed to spur any major interest as to galvanize a price rally. Some analysts believe the $3 billion token unlock accounts for this stunted growth, whilst others believe SOL traders and investors now have their eyes on the AI new meme coin taking the crypto market by storm.
Solana, Yet to Break Through the $200 Price Mark
Solana continues on its bear run, dipping below a key price level of $200 and raising concern amongst its investors and traders alike. The buzz around ETFs and Franklin Templeton’s Solana ETF filling for Solana Trust in Delaware has yet to generate much buying interest as SOL fails to inspire trust.
Worse even, over $3 billion SOL will be injected into the crypto market, and analysts predict that this could have negative implications on the token’s price. The market understands that coin prices typically decline when demand is unable to catch up with the growing circulating supply during token unlocks. A case in point is in August 2024 when SOL unlocked $340 million worth of tokens and declined by nearly 20%.
The SEC has received filling for Solana spot ETFs as submitted by VanEck, 21Shares, Grayscale, and Bitwise. SEC’s acknowledgments suggest that Solana ETF approval is highly likely, as SOL ETFs is one of the only two crypto ETF filings that has received SEC’s acknowledgment as the race for crypto ETFs gathers momentum. Plus, Bloomberg has predicted a 70% possibility for a Solana ETF approval in 2025.
Yet, the Solana has yet to break through the $200 price mark, and SOL’s price fails to inspire confidence. A new meme coin venture, Panshibi, is shaping up in the crypto market and continues to steal the attention of Solana traders and investors alike, and the crypto market is better for it.
Panshibi (SHIBI): Asia’s Biggest Meme Coin Inspiration Is Winning Hearts in the Crypto Market
Solana may be witnessing a down moment, but not so much for the crypto market — a new meme coin favorite, Panshibi, is here and giving investors another reason to smile. Panshibi (SHIBI) is an AI meme coin that offers the features of Social-FI utilities and leverages Asian culture and ongoing memecoin rave to create financial freedom for traders and investors alike.
Leading blockchain cybersecurity firm Coinsult has confirmed that the Panshibi smart contract is secure, and with this insight, whales and investors are cashing in on the Panshibi project. What’s more, Panshibi (SHIBI) features a staking system that offers APYs as high as 1,200% and a chance for HODlers to enjoy a long-term passive and stable income. To guarantee trust and security and bolster $SHIBI value, the Panshibi team has locked its liquidity pool for 10 years, while team tokens remain locked for two years.
Early adopters get to enjoy perks such as instant access to the Bamboo Private VIP Club and unlock exclusive access to new features and networking opportunities with top investors and whales. The Panshibi team has availed 60% of the total supply of two billion tokens (1.2 billion presale tokens) for the presale, which is capped at $10 million and scheduled to be held for 60 days.
In crypto, early adopters and first movers are always at an advantage, and in the world of Panshibi, early adopters are on the cusp of winning it all.
Early Adopters Bulking Up Crypto Portfolio with Panshibi Presale
Panshibi (SHIBI) has 15 presale stages and is currently at stage 3, selling at $0.004. Now, almost 90 of stage 3 tokens have been sold as the Panshibi team prepares to roll out stage 4 tokens.
The quick fact is that presale buyers at stage 1 will get 1,200% profit on their presale tokens at the close of presale, and the percentage profit drops after each stage closes.
Panshibi Buyers get a 145,000% ROI on their tokens post-launch after the token has been listed on Uniswap and major DEXs.
Jump on the Panshibi train now and earn the biggest rewards in 2025.
Telegram: https://t.me/panshibi
Twitter: https://x.com/panshibi_
Website: https://panshibi.com
