It may only be January, but the race to find the next crypto to 100x is already on. If last year is anything to go by, the most likely category to see such a runner is memecoins.
Memecoins surged over 500% in market capitalization last year, a performance never seen before. While still at their teething stages, they could continue at this pace into 2025.
Crypto analysts remain incredibly bullish on Dogecoin, the most extensive meme coin by market cap, even among memecoins. Dogecoin’s price has fallen by 10% in the last week. But analysts aren’t too worried by the dip and say it will rebound in February.
Panshibi is another meme coin analysts are excited about. Although still on presale, analysts have made bold predictions for the memecoin, stating that it could very well be the next crypto to 100x.
Analysts Brush Off Dogecoin Price Dip
Dogecoin’s status as the biggest meme coin by market capitalization has done little to impress a positive bias into its price. That said, DOGE has been in its longest dive in a while, but surprisingly, crypto analysts seem not to be bothered by that.
Dogecoin appears to be the first meme coin poised to receive an ETF, following recent filings from venture capital firms such as Bitwise, Rex Shares, and Tuttle Capital. This development will probably trigger a price rally that could see Dogecoin’s price go above $1 for the first time.
Furthermore, since it is the meme coin supercycle, most meme coin prices will pump once the bull run begins. As the category leader, Dogecoin is well-positioned to benefit massively from a potential price pump.
Panshibi Presale Excites Investors
Asian-inspired meme coin, Panshibi is attracting interest throughout the crypto industry after launching its presale.
Narratives are super important to a meme coin and can make or break it, which is likely another reason why Panshibi is generating interest. The meme coin combines three communities together, Asia, Pandas, and memecoins, in an interesting lore that the industry has not seen in a while.
Its native SHIB token provides incentives like governance rights, staking rewards, and exclusive membership perks, providing a layer of utility that will appeal to all kinds of investors.
Panshibi’s presale just began 5 days ago and will include 15 stages, with 60% of its supply available for sale. This amounts to 1.2 billion tokens. With the meme coin cycle still going strong, Panshibi may be the next crypto to 100x in 2025.
Conclusion
Memecoins are the most lucrative crypto category currently and are certain to generate the most profits once the bull run begins. Dogecoin, as the largest meme coin by market cap, is an ideal investment option, but Panshibi is also attracting interest due to its interesting narrative and massive potential.
Telegram: https://t.me/panshibi
Twitter: https://x.com/panshibi
Website: https://panshibi.com
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Source: https://blockonomi.com/crypto-experts-are-optimistic-about-doge-while-panshibi-aims-for-a-significant-rally-in-2025/