100x a Buys Coin Gainer Have Investor Meme New Sends SOL Solana Trader Unknown
Solana's latest news reveals that, despite the meme dumps, its chain suffered from the LIBRA burst in February, but the project hasn't backed down in supporting profitable projects. In recent events, investor funds from Solana’s ecosystem have been used to back a relatively unknown meme project.
This investment, which was made into Panshibi (SHIBI), has spurred a reaction from the crypto community. Investors and market participants now use copy-trading strategies to accumulate the new crypto. Experts predict that Panshibi will rally by at least 10,000%, meaning that the Solana investors' fund investment would do at least 100x.
In the following paragraphs, we will uncover the details of the Solana latest news, why the investment was made into Panshibi, and why the project is forecasted to mint investors massive profits.
Solana Latest News
Solana (SOL) was among the highest-performing Layer-1 blockchains in the last two quarters, outperforming the likes of Ethereum and Cardano in several market metrics. Solana reached a new all-time high in mid-January, riding on the positive optimism around it and climbing to a peak of $294.33.
However, things came crashing down for Solana in February after the LIBRA rug-pull incident triggered a wave of sell-offs. During this period, the asset was under intense selling pressure, plunging its value below key support levels. Solana traded below a low bottom near the $126 support in late February before regaining momentum briefly and retesting $175 the next week.
Investors had hoped that favorable market conditions from the submit on Friday would things in, but didn’t go they wanted. The first-of-its-kind crypto summit hosted in the White House by President Donald Trump didn't add the market momentum investors expected. Traders and investors eyed regulatory clarities as a significant catalyst for the bull cycle, but that didn't materialize.
The market remained muted post-summit, and tokens like SOL have swung to the red. According to Solana's latest news from CoinMarketCap, the coin is selling at $122, representing another 7% dump over the last 24 hours and an aggregate 58% loss from its new peak. Solana has continued to give in to selling pressure, and should bulls refuse to hold above the $120 support, the coin could reach lower lows below the $110 and $100 levels before the next quarter.
Another Solana latest news confirms that Solana Ventures recently made a move on an unknown meme-project. Solana Ventures, which is usually known to invest in profitable projects adjacent to its blockchain, funded Panshibi (SHIBI), a new meme project currently in its presale phase. This unexpected move came as a surprise to the crypto community, and now everyone wants to own a stake in the project.
Panshibi: The New Crypto The Community Is Interested In
Panshibi might be a new meme coin project, but it is undoubtedly one of the hottest topics in the market today. $SHIBI is a meme coin with a Panda mascot and Asian origins. The project is gaining the interest of investors of all categories.
Moreso, the Panshibi community is growing at a rapid rate, merging the interests of three huge communities, namely, the community of meme coin enthusiasts, the community of Panda lovers, and the community of Asian market participants. The Panshibi project shelters its community in the Bamboo Valley, and within the Valley, they get access to passive income opportunities, exclusive rewards, and lots more.
Panshibi uses a gamified system to reward the winners of quests; community members can also join investors staking their $SHIBI tokens to earn up to 1,200% APYs annually. In addition to this, early adopters would have exclusive access to the Bamboo VIP Club. The Panshibi team recently disclosed their plans of securing multiple CEXs listings this year to the community. Analysts forecast post-listing pumps of up to 100x before Q3.
As an investor, if you want 100x this year, then don't waste any more time. Invest in Panshibi today and exploit its ongoing ICO, which offers you the tokens at a low fee of $0.005 apiece.
Join the Panshibi presale today for $0.005 per token;
Telegram: https://t.me/panshibi
Twitter: https://x.com/panshibi_
Website: https://panshibi.com
