It's the second general crypto dip in 2025, and in a year that started with so much hope, the traders’ patience is being stretched. Both Ethereum and Dogecoin are tanking rather rapidly, and the predictions are not looking good, especially for the ETH price. Panshibi is the meme project offering some respite from the seriousness of the DeFi space. The meme coin is planning its presale to hold in a specific timeframe. With about 13x potentials on the presale alone, there's no telling why traders want it so badly. We have more on the ongoing SHIBI presale here . Ethereum price: Ethereum Foundation takes heat for reliance on roll-ups The ETH price is tanking, as the token drifts even farther from its $3,500 resistance. There's a range of reasons behind Ethereum's fall, but the worst would be its bearish indicators. There's been a lot of liquidations on Ethereum futures, about $48.25 million between Monday and Tuesday. The selling pressure has forced the ETH price to at least battle for the $3,200, but a dip to $3,000 seems more likely. The Ethereum Foundation has also taken quite the heat for its reliance on roll-ups and L2 chains. Many top crypto officials have spoken against L2 networks, stating that they will hinder the ETH price from accruing. Dogecoin price dip comes after Solana meme coin dominance It shouldn't be too surprising that the top meme coin is tanking following the popularity behind the latest Solana meme coins. TRUMP and MELANIA took a lot of the meme coin market cap last week, leaving top meme coins like Dogecoin, Shiba Inu, and Pepe in the dust. Dogecoin has particularly been taking the hit rather badly, as the token lost its $0.33 support on Tuesday to more bearishness. The token has had its indicators turn bearish too, as the two-week RSI sits at 39.2, showing a weak chance for upward movement. The Dogecoin price has also fallen beneath its EMAs, and with the immediate resistance forming at the $0.33 level, the token is already getting boxed in. A break above $0.34 is the only way out of the spiral for the Dogecoin price. The bearish market might be a problem to solve for the Panshibi token. Panshibi: One meme to save them all! The meme coin space has been filled with uncertainty for years, as traders have come to associate meme coins with pump-and-dump trading. With Pandas, Asia, and memes at the basis of the project, Panshibi (SHIBI) is off to becoming one of the best performing meme coins ever. On Panshibi, you get the standard meme coin package. The SHIBI token is used for governance, staking, and exclusive access to the Bamboo Valley. Staking is coming to memes for the first time, and SHIBI users are among the biggest beneficiaries. As for governance, you have a chance to own a part of one of the biggest meme communities. Panshibi is built on transparency and reliability; being in the community means you're at the forefront of decision making in the Panshibi ecosystem. Being a crypto whale never got much easier! The presale is also defined, as the Panshibi team have decided to run the entire event in 15 stages. The 15 stages are spread out over two months. In other words, the SHIBI presale will be over in less than 55 more days. That's your cue to jump on the Panshibi train today. Stack up your SHIBI coins while they're still available! It's Panshibi time! The SHIBI tokens are up for sale, and the second stage of presale has almost sold out in less than 5 days. There are 14 more stages, 55 more days, but the SHIBI tokens will only cost more by then. Get your Panshibi tokens today at $0.003 each; the presale is tipped to give 13x profits, and you don't want to miss out on it! Telegram: https://t.me/panshibi Twitter: https://x.com/panshibi Website: https://panshibi.com
