Could Solana Price Dive Under $100? Toncoin Holders Expect Max Gains In Panshibi

SOL has been at a critical turning point in the crypto market for some time, prompting market analysts to warn that it could drop below $100 soon. Meanwhile, TON holders, frustrated by their recent losses, are actively seeking new opportunities.

In their quest for substantial gains, many have turned their attention to Panshibi. It is a rapidly rising meme coin, famous for real utility and a crypto presale with explosive growth potential. 

So, can SOL and TON maintain their market positions, or will they lose investors to the growing momentum of Panshibi? Let’s find out.

Panshibi Shows Potential to Be the Next Big Meme Coin in the Market

Despite being a newcomer in the DeFi space, Panshibi is emerging as a serious competitor to established altcoins. Panshibi combines decentralized finance (DeFi) with NFT integration to create one of the most promising ecosystems in the market. Panshibi’s native token, SHIBI, powers activities in Panshibi’s incredible ecosystem. 

Unlike other meme tokens in the market, SHIBI actually has real-world use cases. For one, SHIBI holders can stake their tokens to earn up to 1,200% APY. Thus, they can unlock access to the exclusive Bamboo Private VIP Members Club. This strong community-driven approach gives Panshibi an edge in an oversaturated market.  

Moreover, the team behind Panshibi focuses on long-term success. It has reserved a remarkable 60% of the total supply for the presale, encouraging early investors to take advantage. Additionally, 15% of tokens are for community rewards and staking, promoting deeper engagement among holders. The project has reserved another 10% of tokens for exchange listings. Those listings are vital for increasing the token’s visibility and accessibility.

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Is There Hope for SOL Crossing the $200 Mark Anytime Soon?

To the disappointment of its investors, SOL has been struggling to break past $200. According to Solana price prediction charts, SOL recently bounced back from $190 and hit $194. Ideally, this should have been interpreted as a sign of recovery, but this isn’t the case. That’s because SOL’s overall market sentiment is still shaky.  

Right now, the $190 support level is a key threshold. If it breaks, SOL could slip toward $180 and might even drop to $160. Since the RSI value on Solana price prediction charts is sitting at a neutral 46, there is a chance that SOL’s decline may persist for some time. 

TON Develops Bearish Sentiment Amid Telegram CEO Controversy

While many other crypto altcoins are holding onto their bullish momentum, TON continues to slide. The relentless decline follows the arrest of the CEO of its parent network, Telegram. This incident has had a lasting impact, with TON plunging over 31% in the past month and falling below a crucial support level. 

Right now, TON’s market value is relying on support at $3.6, $3.2, and $2.91. If these levels give way, the next stop for the bears could be $2. Should TON reach this point, a rebound to the $3.8 mark may prove challenging.

Conclusion 

While SOL and TON are struggling, Panshibi is steadily climbing the crypto charts, primarily due to the remarkable growth of its crypto presale. If you want to take advantage of what Panshibi has to offer, consider buying SHIBI today for only $0.005 a token!

You can participate in the Panshibi presale here:

Telegram: https://t.me/panshibi

Twitter: https://x.com/panshibi_

Website: https://panshibi.com