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The DeFi space is trading beneath most analysts’ predictions, as most of the tokens have spent the past month or so trying to find their feet. However, the charts may not show the full picture.
There could be a lot more positives in the development going on on each blockchain. Tron weekly news, for instance, shows that the illicit activity on the network has dropped significantly, meaning good news for the TRX price.
And we have yet another meme project making it to the headlines. Panshibi is making it more about memes and relaxation now, and there's definitely something in it for every crypto user.
The Tron blockchain came under fire in late 2024 for allegedly harboring and facilitating criminal and illegal operations due to its attractive blockchain features. The next line of action was to have the T3 Financial Crime Unit established to prevent illegal transactions, especially those involving USDT.
So far, the initiative has been successful in reducing old illicit operations and curbing any new ones. The result? Traders have regained their trust in the Tron blockchain, paving the way for more gains on Tron.
From Tron's weekly news, there's more than just the T3 Financial Crime Unit that could be driving the TRX price upwards. Tron currently sells for $0.2422 on CoinMarketCap, and even the weekly chart shows a 1.4% growth.
There's a noticeable bearish wave in the crypto market, but chart indicators are looking in favor of the Tron token. TRX has been trading up for the past week, and the quick switch from bears to bulls was rather commendable, especially when other top altcoins are still struggling.
The switch was only possible because the core support on Tron is well above the 200-day Moving Average. This means that rebounds are possible, and last week was an example.
Also, meme coins have wormed their way into the Tron network as the blockchain took a hint out of Solana's playbook. Sundog, Suncat, and Tron Bull are among the big players that are edging Tron closer to a bullish trend.
However, the new Panshibi (SHIBI) is not just any other regular new meme coin. The meme coin is making the spotlight, and even TRX holders are adding it to their portfolios to boost the Tron gains.
The meme-verse needs rejuvenation of sorts, especially as only a few of the tokens offer any form of utility. Panshibi sports an ecosystem where users feel relaxed within themselves, even while they are investing or exploring.
Exploring Panshibi is like being back in the Metaverse rush of 2021. However, this time, you don't have to compete with anyone for your SHIBI coins. You have your quests to perform for SHIBI tokens, which, in turn, have use outside the platform. Simply pick a panda avatar and get ready to explore some lush Asian greenery.
The platform on Panshibi is upgraded with AI elements, ensuring that users get the best graphics to improve their experience. Also, SocialFi exists as an extra option for gaining more SHIBI engagement and piling up those SHIBI coins.
Also, Panshibi would be offering the highest APY rates in the market for its stakers. You can enjoy the sights on the Panshibi platform while your coins generate passive income for you.
It's all the more reason to get your SHIBI tokens before they launch. The presale is the only way right now.
New investors are still in luck as the presale is still going, especially since users are buying SHIBI coins at bargain rates. Each coin costs $0.005 now, and that's a 400% spike before launch day.
About post-launch, you just have to be there. Even the Tron weekly news won't matter then analysts tip the Panshibi ROI to be about 140,000%.
Buy your SHIBI coins today, and anticipate the token launch.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. 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. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
