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crypto.news 2025-02-03 19:37:15

The way forward for Chainlink: Testing meme launches like Panshibi

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Chainlink’s path to resurgence may lie in embracing meme coin launches like Panshibi, which is growing significantly. Table of Contents What 2025 holds for Chainlink amid struggles The undeniable assistance of meme coins like Panshib Conclusion When cryptocurrency debuted with Bitcoin in 2009, it took a while for investors to catch on, which was understandable considering the novelty of the idea. Today, the cryptocurrency market is worth well over $3.5 trillion. However, the growth hasn’t stopped market stalwarts like Chainlink from falling behind due to market volatility. This week alone, Chainlink hit a 13.7% decline. However, analysts think focusing on transformative meme coins like Panshibi could help LINK regain its footing, just like it did with Solana. Panshibi has been raising dust in its ongoing presale, which sold out a stage within two days. What 2025 holds for Chainlink amid struggles In 2023, Chainlink emerged alongside Solana as a market leader with bullish runs that thrilled investors worldwide. However, LINK suffered a painful nosedive for the better part of 2024 and lost a chunk of its momentum. In a dramatic twist of fate, it managed a surprising upsurge of 200% in November and then reverted to record lows in December. Many experts described the December debacle as a wipeout of its short-lived gains and a complete antithesis to its 2023 run. Nonetheless, LINK started 2025 with a somewhat bullish run, and experts are optimistic about a possible return to form. Some inconsistencies in the past few weeks have, however, dampened investor confidence, with many unsure about the direction of the troubled token. Chainlink currently trades at $20.46, and while there have been improvements, it’s still a far cry from its peak. The Chainlink team, as expected, is devising optimal strategies to help guarantee stability and keep it on an upward trend for 2025. You might also like: Shiba Inu’s future in December as Panshibi draws big investments in presale The undeniable assistance of meme coins like Panshib Meme coins were initially dismissed as fake crypto with no real utility but now boast a market valued at around $115 billion. The market’s capitalization skyrocketed by over 500% in 2024, constituting 10% of the entire crypto market. Like Chainlink, Solana also suffered price mishaps in the past year, although the latter’s decline isn’t remotely as bad. One of the few ways Solana forced a much-needed price resurgence was by testing meme coins and unleashing a bunch of tokens. This proved successful, pushing Solana to an all-time high of $294 and a massive TVL of $12 billion in January 2025. It almost goes without saying that the Chainlink team needs to take advantage of the pervasive wave of meme coins by testing a bunch of them like Solana did. This will undoubtedly propel the LINK price to record highs and expand its network, among other gains. You might also like: Dogecoin may see competition as new meme coin Panshibi gains attention Panshibi is a perfect example of a meme coin’s endless advantages when done rightly. Currently, a 60-day presale is ongoing, and myriads of pundits already tip SHIBi to be among 2025’s leading meme coins. It keeps its token holders happy by promoting a community of like-minded enthusiasts and incorporating quests that allow the holders to compete and earn prizes. Token holders also get to stake their tokens, standing the chance to earn up to 1,200% in annual percentage yield. To further sweeten the pot, token ownership will be renounced at the end of the presale — a move that essentially yields governance to holders and the community in general. What’s more, the liquidity pool will be locked for 10 years, guaranteeing price stability, impressive growth, and a refulgent future. Conclusion The Panshibi meme coin is taking the market by storm and could debut strongly once listed. Its smart contract audit by Coinsult takes care of any misgivings about its security, and the SHIBI community remains as engaged as ever. As such, cryptos like Chainlink, itching for a comeback, should take a cue. For more information on Panshibi, visit their website , Telegram , or Twitter . Read more: Market capital drops on big meme coins as Panshibi presales entice gamblers Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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