After a terrible Q1, crypto investors are assessing the Ethereum price levels ahead of long positions. With the global market hovering slightly above extreme fear, analysts continue to debate ETH’s growth potential against its risks.
At the same time, new projects like Panshibi are drawing interest as alternatives. The SHIBI token has found success in a period where established assets struggle with liquidity. Here’s why:
Panshibi Gains Momentum as Investors Look Beyond the Top 100 Cryptos
Now, more than ever, investors are seeking opportunities outside the belt of popular cryptocurrencies. While the top 100 dominates the crypto market, newer tokens sometimes provide better entry points and a stronger upside. Over the past month, Panshibi has made headlines as one of the better options, with an architecture that could change the game.
Panshibi offers an ecosystem that benefits both traders and non-traders. With staking rewards of up to 1,200% APY, social-fi integration across the Bamboo Valley, and a commitment to panda conservation efforts, Panshibi has appealed to thousands of investors worldwide. The meme project proves to be more than just a speculative asset.
Moreover, Panshibi plans to intensify its security measures after the crypto ecosystem lost over $1.64 billion to hackers in Q1. Panshibi has locked its liquidity pool and passed Coinsult’s smart contract audit. It also has additional features in place to prevent rug pulls or schemes that could hurt early investors.
With increasing engagement on social media and ongoing presale momentum, Panshibidraws comparisons to early-stage success stories. Whether the SHIBI token offers better odds than established names remains to be seen, but its tangible use case and real-world impact keep investors interested.
Ethereum Price Down 50%, But Could Q2 Spark a Bullish Reversal?
Over the past year, Etheruem has fallen 50%, with its price shy of $1,800. However, history suggests a turnaround could happen in Q2 as ETH often surges after a poor Q1 performance. This statistic could explain why a certain whale has amassed over 142,000 ETH in the past 30 days, drawing the attention of market analysts.
Moreover, data from CoinCodex projects a 45% price increase by May 1, 2025, aligning with Ethereum’s Pectra upgrade slated for late April. Given the success of the Hoodi testnet, analysts see Pectra as a potential catalyst for a mid-year bullish reversal.
With the current market dynamics, longing ETH comes with both opportunities and risks. Should Ethereum fail to break through the $1,880 barrier, technical indicators point to another decline. Immediate support is over $1,780, while a crucial support zone lies around $1,650. At this time, 80% of the Ethereum community remains bullish according to Coinmarketcap.
Conclusion
The fourth stage of the Panshibi presale is nearing its end. A bull run from the current state of the crypto market could spell big profits for ETH holders and even bigger profits for early SHIBI investors.
Take advantage of a 20% discount on your first purchase at the current price of $0.005 each, before the next price increase!
You can participate in the Panshibi presale here:
Twitter: https://x.com/panshibi_
Website: https://panshibi.com
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.