As Avalanche focuses on a bull run with the target on $90, investors in TRON are attracted to a new meme coin emerging in the market, called Panshibi ($SHIBI), who is attracted to the prospect of a bold 100-to-1 bet promising big rewards.

Will this nascent meme coin overtake established altcoin heavyweights such as AVAX and TRON? Find out what happens.

Will Avalanche Explode? Price Targets and Levels to Watch

Currently trading at $33.60, AVAX has dropped by 1% on its daily charts. The price is ranging between $33 and $41, and the traders are keeping a close eye on it for a major bull run. Analysts believe that if AVAX breaks above $41, it might see a rise of about 40%. At present, AVAX is forming a descending triangle pattern with support at $33 and resistance at $37.

The bullish aspect in AVAX is further bolstered by the new initiative dubbed AVAX AI which seeks to establish an AI hub on its network. This project sponsored by Avalaunch and AVentures DAO might attract more users and position Avalanche for a price boom that could reach the $90 level.

$2.6M TRON Buy Not Enough to Counter Selling Pressure

TRON is trending downwards with decreasing momentum and buying interest. It has broken below several key support levels, mainly on the back of a fall in Bitcoin prices. The price decline in TRON was unexpected as World Liberty Financial, affiliated with former President Trump, had recently purchased $2.6 million in TRX tokens. However, analysts felt that the buying activity was insufficient to offset the selling pressure.

As of now, the TRON price has lost 5% on the monthly charts. The trading between $0.274 and $0.22 could push the downward pressure against TRON to break below the midpoint of $0.247. The On-Balance Volume(OBV) is showing lower lows, meaning there is selling instead of buying. There are apprehensions that support cannot be maintained at the 78.6% Fibonacci retracement level.

Invest in Panshibi: Early Access to Explosive Growth

While Avalanche and TRON continue to take the attention of investors, Panshibi stands ready to deliver exciting returns and a vibrant ecosystem that could redefine what it means to invest in a meme coin. The meme coin project is outstanding for many reasons, and one of them is the total allocation of its tokens, which is designed to promote fairness and long-term growth.

An impressive 60% of the total supply will be dedicated to the presale, encouraging early investors to be part of this project. Then, 15% is used for community rewards and staking, which enhances deeper engagement of holders. Moreover, 10% is assigned for exchange listings, which would be very important to increase the token's visibility and accessibility.

It is getting even more action as it bases its dynamic model during the presale on each stage selling to raise the price of SHIBI. Currently standing at 66% plus just enough to top up the list, investors would get to a price of $0.002 until the price bumps to $0.003 at listing. The pre-listing projection for listing onto the exchanges reads $0.026, which simply presents a thrill to investors maximizing their returns in the investments made.

As we look forward, post-presale activities promise to develop the Panshibi ecosystem. Phase 3 will focus on developing features like staking and exclusive NFTs, adding more utility for token holders. Phase 4 aims for global expansion and community-driven initiatives, ensuring that Panshibi continues to grow and innovate.

Conclusion

As Avalanche and TRON occupy the top spot and dominate the minds of investors, Panshibi is very much prepared to strike in with surprising returns and a lively ecosystem that could write the new history of the meme coin market. With 55 days into the presale left, analysts say this could be the perfect time to enter the Panshibi wave before it hits major exchanges.

You can join the Panshibi presale using these links:

Telegram: https://t.me/panshibi 

Twitter: https://x.com/panshibi

Website: https://panshibi.com