The post DOGE Price Prediction: Optimism (OP) Holders Scramble To Buy Panshibi (SHIBI) Presale Live appeared on BitcoinEthereumNews.com.

Despite the recent market-wide downturns, the all-new Panshibi has been tipped by experts to become one of the leading meme coins in 2025. As a result, many investors, including DOGE and Optimism holders, are switching sides faster than a New York minute. The question then begs, “What does the rest of the year hold for these tokens, and which one will end up on top?” Let’s take a look at the numbers, shall we? Dogecoin Price Prediction: What Is The Prevailing Market Outlook For DOGE The DOGE token has slumped to $0.20356, representing a 20% decline over the past seven days and a dreary performance all month. Its recent slump has been attributed in part to the massive crash of the LIBRA token due to insider cashing. The development ignited some fears about the meme market and triggered selling pressure in some quarters.  There has also been a worrying decrease in network activity on the DOGE platform. In November last year, there were about 2.66 million addresses on the DOGE network. This figure has dropped by 96% to just over 130,200 addresses as of Feb 25, 2025.  The recent ByBit hack has not helped matters, as the resulting scandal has created a bearish sentiment. However, experts believe the token can still kickstart a rally if it manages to break above the $0.30 resistance level. Long-term DOGE holders remain optimistic and are holding their horses, while short-term holders are looking to move on. Why Many Optimism Holders Are Tempted To Jump Ship  Optimism reached its all-time high of $4.86 in March 2024 and has since been on a downward trend, falling by about 70% since.  Its attempt at a rally in December was short-lived, and it eventually ended the year at $1.82. In a not-so-shocking twist of events, OP fell below $1…

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Filed under: News - @ March 2, 2025 8:21 am