Avalanche And Tron Investors Rush To Buy Into Latest Viral Meme Coin Panshibi
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As the crypto market braces up for the next bull run, Avalanche (AVAX) and Tron (TRX) investors are looking for the next big opportunity to capitalize on. As a result, they have identified a new meme coin sensation, Panshibi (SHIBI), to pitch their tent, which would maximize their returns. SHIBI is stealing the spotlight among crypto enthusiasts because of its huge potential. Experts believe this meme coin is currently the hottest in the crypto space, given its extraordinary 1,200% presale gains. Let’s take a look at Avalanche and Tron’s latest news and why investors are shifting to this explosive meme coin, SHIBI. Avalanche (AVAX) Market Growth Steady, But Could Trend Downwards Avalanche (AVAX) is an open-source Layer-1 blockchain known for its incredible transaction speeds, scalability, and low costs. Developed by AVA Labs, this blockchain supports diverse DeFi applications, making it a top choice for many developers. At the time of writing, AVAX is priced at $34.04, a relatively flat trend over the past year. The Avalanche price trend highlights the network’s difficulty in gaining attention during the market rally. However, analysts believe AVAX could be bullish if the new AI project, AVAX AI, sponsored by Avalanche and AVentures DAO, is finally set up. Despite the sentiments and predicted moderate growth, many investors want bigger profits—the kind that Avalanche (AVAX) seems incapable of producing. As a result, they are shifting their attention to nascent projects like SHIBI, which promises faster returns. Tron (TRX) Investors Shift Focus Amid Selling Pressure Tron (TRX) has been fundamental to DeFi adoption in recent years, particularly in transactions. However, Tron’s latest news and bearish momentum have led its holders to diversify into other cryptos in pursuit of higher profits. For instance, Tron’s value has declined and broken several key support levels despite the recent purchase of…
Filed under: News - @ February 2, 2025 9:21 pm