The post Tron’s Consistent Rise Makes It A Blue Chip Crypto But Why Do Gamblers Love Panshibi (SHIBI) For Bigger Gains appeared on BitcoinEthereumNews.com.

The Tron price has been on what looks like a continuous rise since the middle of 2023. Zooming out on the monthly chart of the Tron coin, it becomes more evident that Tron has been on a multi-month uptrend, which has even seen a surge recently, around early December 2024. However, while the last few weeks show that the Tron coin might follow a corrective slope, its price still trades above the 7, 50, and 100 Simple Moving Average. This suggests that the Tron bullish move is still valid in the short and long-term trade. However, while Tron price continues its move upward, a new memecoin is breaking into the market with a 1200% potential in the near term and up to 145,000% in the long term. As the market waits for a Shiba inu news that suggests it could rise, some gamblers are already betting on a Panshibi surge. But what is Panshibi? And why are seasoned meme coins investors betting on it over Shiba Inu or the Tron coin? Here is detailed information about this meme coin that is set to change the trajectory of the next Shiba Inu news and market hype. Is Tron Coin Worth The Hype? The Tron coin is among the most recognized names in the global crypto market. Primarily, this popularity concerns the Tron network being one of the cheapest and fastest on the blockchain. However, why Tron continues holding on to its popularity and sitting comfortably at the 10th position in the market, the price growth has not been impressive. Although the Tron price has maintained an uptrend for the last 2 years, the total percentage growth from when it started till now is less than 700%. This casts a shadow of doubt on the ongoing bull run of the Tron coin,…

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Filed under: News - @ February 9, 2025 9:18 am