Elon Musk’s influence on DOGE has waned, leading to a surge of interest in Panshibi (SHIBI), a meme coin gaining traction due to its viral appeal in Asia. With over $1.18 million in new investments, analysts are closely monitoring whether this emerging coin can maintain its upward trajectory and rival established tokens like DOGE. This article explores the potential of SHIBI and its role in the current bull run.
Dogecoin Crypto Price Prediction: DOGE Faces Sharp Decline as Network Activity Plummets 95%
Dogecoin (DOGE) is currently trading at $0.186, reflecting a 26.9% decline from the previous week. Between December 2024 and February 2025, the number of active addresses on the Dogecoin network fell by approximately 95%, dropping from over 2.66 million to just 130,282.
This sharp decline in DOGE activity suggests a substantial reduction in user engagement and transaction volume. The decrease in whale transactions, with only 66 transactions exceeding $1 million in February, has reached its lowest in four months. The combination of reduced network activity and declining demand has led to a bearish trend in DOGE‘s price.
Analysts predict that if these conditions persist, DOGE may continue to face downward pressure, potentially testing support levels around $0.181. With 19 red days in the past month, investors should remain cautious of DOGE’s volatility as the current market trend suggests a crypto winter.
Panshibi Surges with $1.18M in Fresh Investments Amid Viral Bull Run
Panshibi is riding a new wave of momentum, as the token receives over $1.18M in fresh investments during its viral bull run. Backed by strong support from Asian markets, Panshibi is rapidly becoming a major player in the meme coin space.
With a unique blend of social-fi and meme-fi, $SHIBI is more than just another speculative token; it’s transforming how communities engage and interact in the crypto world. The integration of social-fi within the Panshibi ecosystem allows token holders to actively participate in quests and challenges, earning rewards as they go. This adds a layer of excitement and interactivity that typical meme coins lack.
At the same time, meme-fi elements provide a fun, community-driven environment where users can compete, create and thrive together. It’s a fresh take on the meme coin concept, blending entertainment with real utility. The explosive growth in the presale stage shows that investors are catching on to the project’s potential.
As each stage sells out, demand for $SHIBI continues to climb. With strong backing from Asia’s growing crypto market, Panshibi is poised for further growth. The project’s innovative approach and commitment to transparency have made it a favorite among traders looking for the next big breakout.
Conclusion
The dominance of dog-themed coins, such as Shiba Inu and Dogecoin, seems to be declining. However, Panshibi bulls are optimistic, with a crypto price prediction suggesting a potential increase of 1,200% by the end of its presale. At just $0.005 per SHIBI token, investors have an opportunity to get in early on Panshibi’s offerings. Act now to take advantage of the upcoming price increase!
You can participate in the Panshibi presale here:
Telegram: https://t.me/panshibi
Twitter: https://x.com/panshibi_
Website: https://panshibi.com
