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Macroeconomic policies, inflation rate, tariffs, etc., have been the basis of analysts' arguments on Bitcoin and Ethereum price predictions while the market continues its sloppy ride. Bitcoin's price continues declining on Friday after falling more than 13% this week.
Meanwhile, Ethereum price closed below a critical daily support level of $2,359 on Wednesday, signaling further weakness in the market. Despite the broader market loss, there were a few bright spots, one of which is Panshibi (SHIBI). This meme coin has become one of the most talked-about projects, with rumors flying around that investors could see 10,000% gains.
When rumors of such magnitude hit the market, it rarely comes without consequences; investors take action into their hands and start moving smart money. They are keen on accumulating more SHIBI tokens, not just to recoup the losses in their portfolios but to win big in 2025. This article will shed more light on Ethereum price prediction and why investors are making big bets on SHIBI.
On Wednesday, the Ethereum price traded at $2,419 after falling nearly 7%, extending its downward trajectory. The latest market sell-off followed President Donald Trump’s announcement of a 25% tariff on imports from the European Union, an unexpected macroeconomic development that sent shockwaves through global markets.
Fast forward to today, the Ethereum price has further dropped to $2,224, reflecting a 7% dump. This decline highlights the rising correlation between cryptocurrencies and macroeconomic conditions. Traders and investors are now more frequently factoring in external economic pressures when planning their Ethereum price prediction strategies.
As a result of this downward pressure, many ETH holders have begun to capitulate, offloading their holdings in an attempt to cut losses. Data from Santiment using the Network Realized Profit/Loss metric indicates that investors have collectively booked hundreds of millions in realized losses over the past few days. These losses, if prolonged, could force selling to take charge while buyers keep defending key support levels.
Ethereum price prediction remains uncertain as the token struggles to break out of its slump. Despite repeated attempts at recovery, selling pressure continues to drag Ethereum back down. Analysts argue that without favorable macroeconomic shifts, Ethereum could remain under selling pressure.
However, a market-wide recovery in March, supported by improved economic conditions, could be the catalyst that Ethereum price bulls need to regain control.
Meme coins pasts are rich in their stories of changing investor moods as markets get uncertain. Panshibi (SHIBI) is no exception. Like most other meme coins, SHIBI might not be altogether motivated by hype; it's directed by collective value plus structured innovation, unlike its cousins
Being Asian in culture, Panshibi is not just speculative. It is a revolt against financial exploitation as it has always been. Holders of SHIBI tokens will find it more than an investment; it is a protest against financial systems that benefit huge institutions rather than the people.
In the mythical Bamboo Valley, protected by Poko Panda, SHIBI holders are shielded from the economic manipulation of today’s monetary systems. This narrative and the project's strategic roadmap are drawing in thousands of investors.
To begin with, they are intensely focused on gaining listings for the largest exchanges available. Rumors of potential gains up to 10,000% have been circulating in the market following news of possible approval from Coinbase that trickled through Bamboo Valley.
Moreover, the Panshibi ongoing 60-day ICO has further strengthened confidence in the project. In just over one month, Panshibi has already raised over $1.19 million in investor capital, a strong sign that investors are optimistic about the project. Grab your tokens at a pricy fee of $0.005 and watch your portfolio boom in 2025.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
