TheCryptoUpdates
Press Release

Dogecoin News: With DOGE Price Stalling, Traders Are Taking A Hard Look At Panshibi (SHIBI) Instead

DOGE’s momentum is fading and traders are starting to notice. Once the king of meme coins, DOGE is now struggling to break past key resistance levels. With DOGE’s prices stalling, investors are hunting for the next big opportunity – and many have their eyes on Panshibi. 

This rising star isn’t just another meme coin; it blends AI-driven Social-Fi features with jaw-dropping rewards, making it one of the most talked about projects in crypto. Could this be the next big thing in the meme coin space? Let’s find out. 

Panshibi Is On Track To Being DeFi’s Biggest Meme Coin

Panshibi is a new project that seamlessly fuses humor, pandas and the fast-growing meme coin culture across Asia. Unlike other meme coins like DOGE, Panshibi ensures that its users get the best of both the AI technology and Social-Fi industries. It is designed to bring together a thriving community of investors who love memes and want a shot at life-changing profits. 

The tokenomics behind Panshibi native SHIBI token are carefully structured to ensure long-term success. Out of the total 2 billion tokens, 60% are reserved for presale investors. The rest is allocated to rewards, marketing and exchange listings, all aimed at sustaining the project’s growth.  

SHIBI token holders of Panshibi’s native SHIBI token don’t just sit back and wait for their investments to grow. They can participate in interactive quests to earn rewards. Those who stake their tokens can also earn a staggering 1,200% APY which isn’t  a very common opportunity in the crypto space. Plus, presale investors get an exclusive pass to a VIP club, offering them unique perks and advantages.  

But it doesn’t end there; Panshibi prioritizes trust and security. The token’s liquidity pool is locked for over a decade, while team tokens remain inaccessible for two years. On top of that, the SHIBI smart contract has passed multiple security audits by Coinsult. This way, early adopters can rest assured that the project is safe.  

Dogecoin News Reveals DOGE Price Dip

DOGE has been caught in a slump for some time now and this is evident in the 21.9% drop on its bi-weekly trading chart. Data from reputable market charts are attributing this dip to a drop in DOGE whale transactions and from the look of things, technical indicators are suggesting that there will be further decline as momentum weakens. 

One such technical indicator is DOGE’s RSI which is sitting at 48 showing that the token’s selling pressure has increased. That’s not all; the MACD has also formed a bearish crossover which suggests that the decline is far from over. According to the latest Dogecoin news, DOGE has lost over 30% of its value and continues to trend downward since mid-January. 

A closer look at this data shows that DOGE’s weekly transfers over $100K have fallen from 20,200 to 6,200 since early November. In fact, transactions exceeding $1 million also plummeted from 3,490 to 850 in the same period which points to a slowdown in accumulation.  

Conclusion 

While DOGE is struggling to reclaim its former glory in the meme coin scene, Panshibi is emerging as a promising contender among new meme coins in the market. To take advantage of the exciting crypto trading experience that Panshibi offers, purchase SHIBI at just $0.004 during Stage 3 of its 15-stage presale today!

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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