The Cardano (ADA) project has been under the radar due to the bearish market conditions. Despite the poor Cardano price performance, many investors look forward to the upcoming Ouroboros Leios upgrade that will enhance Cardano’s speed and scalability.
Yet, Panshibi ($SHIBI), a new project, enters the spotlight as the next meme coin giant because of its unique theme and ecosystem. Already, its 60-day presale has raised over $1.17 million as investors flock to get the project before its official launch.
Here’s all you need to know!
Cardano Prepares For New Upgrade: Could This Lead To A Turnaround?
The Cardano team announced the launch of its Ouroboros Leios upgrade to ensure the smooth running and scalability of the ecosystem. This upgrade is a sigh of relief for many investors who have been affected by the downturn of the Cardano price this quarter.
However, Ali Martinez recently shared in a post on X that ADA is breaking below a parallel channel, which raises the probability of the Cardano price dropping to $0.53. This prediction comes a few days after the analyst shared that, based on ADA’s consolidation, there could be a 25% price move soon.
The Cardano price rests at about $0.66, dropping over 13% in the last seven days, signaling a decline in investor sentiment. Despite the struggles of the Cardano price this quarter, $SHIBI emerges as a top choice among investors because of the success of its 60-day presale.
Meet Panshibi, The Panda That Every Savvy Investor Wants!
Just picture this: You’re a lover of Pandas and Asian culture, and to top it all, you are also a versatile trader. Now, just imagine all your favorite elements in one platform; that’s what Panshibi is all about.
This Panda-themed meme coin aims to take power away from the big dogs by blending meme culture with tangible utility. Despite the struggles many investors may be facing with the Cardano price, Panshibi remains a sure bet for those who want to 10x their portfolios this year.
With amazing offerings like Staking rewards, access to the exclusive Bamboo VIP club, a quest-to-earn model, and much more, it’s little wonder why the $SHIBI presale has sent shock waves across the market.
The Panshibi presale is in Stage 4, and over $1.17 million has been raised. With only 27 days left for you to participate in this ICO, experts believe that once the project launches, even the Cardano price may not match SHIBI’s value.
With the staking rewards the Panshibi ecosystem offers, you can boost your passive income potential. When you stake your tokens for a set time, you can earn up to 1,200% APY. Additionally, some experts predict that given the increased demand for $SHIBI, there will be a 145,000% surge post-launch.
The Clock Is Ticking Join The $SHIBI Presale!
The $SHIBI presale is in Stage 4, and each token is priced at $0.005. Already, over 53% of the tokens allocated to this round have been purchased, signaling the project’s appeal among investors.
Amidst the speculations surrounding the Cardano price, $SHIBI wins experts’ approval because of its real-world applicability. The Panshibi project locks tokens for 10 years to protect investors against token dumping and sell-offs; hence, it’s a platform you can trust. The clock is ticking, so don’t miss out on this massive presale; buy $SHIBI today!
You can participate in the Panshibi presale here
Telegram: https://t.me/panshibi
Twitter: https://x.com/panshibi_
Website: https://panshibi.com
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.