Solana (SOL) has taken a sharp hit, dropping to $130 after a 43% decline this month. Its Total Value Locked (TVL) plunged from $12 billion to $6.93 billion. Investor confidence continues to wane as Solana’s ecosystem struggles, with meme coin market caps falling from $25 billion to $8.9 billion and TVL dipping further to $5.38 billion.
Meanwhile, Panshibi ($SHIBI) is making waves as the hottest meme coin presale of Q1 2025, already raising nearly $1.2 million. Built on social-fi and AI elements, Panshibi fosters a strong meme community where token holders can stake to earn up to 1,200% APY and access the exclusive Bamboo Private VIP Members Club.
Solana Price Plummets to $130 Amid Bearish Trends and Market Uncertainty
Solana price has taken a significant hit, dropping to $130 after a 43% decline this month. The weekly chart reflects a pattern reminiscent of the 2022 bear market when SOL collapsed to single digits. Technical indicators such as the 26-period EMA crossing above the 12 EMA and a negative MACD reading suggest prolonged bearish pressure. Solana’s Total Value Locked (TVL) has also plunged from $12 billion to $6.93 billion, signaling waning investor confidence.
Despite the downward trend, a contrarian whale recently purchased $14 million worth of Solana, briefly pushing the price to $145. This buy-in occurred before a $1.75 billion token unlock, typically triggering selling pressure. Market-wide concerns over Solana’s future have intensified, especially as meme coins in its ecosystem saw a market cap drop from $25 billion in January to $8.9 billion. Solana’s total TVL also dropped to $5.38 billion, with a 20% decline in weekly decentralized exchange volume.
If the downward momentum persists, the Solana price could test lower support levels, with $110 and $78.91 as potential downside targets. The anticipated “death cross” between the 50-day and 200-day moving averages suggests further risks. However, if demand rebounds after the token unlock, SOL could reclaim the $170 resistance in reversing the typical “buy the rumor, sell the news” scenario. The coming days will be crucial in determining whether the Solana price continues its slide or finds a foothold for recovery.
Viral Meme Coin Panshibi ($SHIBI) Snowballs into Massive Presale Frenzy!
Panshibi is a revolutionary crypto project that merges the power of memecoins, the cultural appeal of pandas and the vast Asian market. Panshibi integrates Social-Fi and AI-driven quests to foster a vibrant community, allowing token holders to compete and earn rewards. The project’s native token, $SHIBI, offers multiple utilities, including Stake-to-Earn, providing up to 1,200% APY and exclusive access to the Bamboo Private VIP Members Club for presale investors. Experts predict Panshibi will be the biggest Asia-inspired memecoin of 2025.
With a $10 million presale cap and a listing strategy targeting major exchanges, Panshibi is set for explosive growth. The token price is expected to surge 1,200% during presale and 145,000% post-launch. The liquidity pool will be locked for 10 years to ensure long-term stability, while team tokens will remain locked for two years. The smart contract has passed a full security audit by Coinsult, reinforcing trust and transparency within the community. Investors can participate in 15 presale stages, each driving up the token price before the official launch.
Currently in Stage 4 of the presale at $0.005, Panshibi has already raised nearly $1.2 million. The total supply for presale is 1.2 billion tokens, accounting for 60% of the circulating supply. Upon launch, $SHIBI will be available on multiple top-tier centralized exchanges (CEXs). With its solid security foundation, extensive growth potential and strong community backing, Panshibi is shaping up to be the next major force in the meme coin market.
Viral Meme Coin Panshibi ($SHIBI) Snowballs into a Must-Buy Presale Opportunity!
As Solana faces a sharp decline, meme enthusiasts turn to Panshibi ($SHIBI), the next big crypto sensation. With its unique blend of AI, Social-Fi and high-yield staking, Panshibi is set to dominate the meme coin space. Over $1.19 million has already been raised and the presale is quickly selling out.
In Stage 4, at just $0.005, early investors can secure $SHIBI before prices surge. With an expected 145,000% post-launch increase, this viral meme coin could be the biggest presale of 2025. Don’t miss out – join the Panshibi 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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