Market uncertainty has put pressure on Solana and Cardano, raising concerns about a potential price drop. While the Cardano price has struggled to maintain momentum, Solana faces similar volatility.
Meanwhile, Panshibi (SHIBI) has had an upward price trajectory, particularly in Asian markets, as its presale continues to attract investors. In this article, we’ll explore details about the challenges facing SOL and ADA while exploring SHIBI’s rising presence in the crypto market.
Panshibi Makes Waves in Q1 with Asian Market Dominance
In Q1, Panshibi is dominating headlines as its presale gains strong recognition in the Asian market. The token’s panda-themed branding taps into Asia’s cultural affinity for the beloved animal while offering a fresh alternative to oversaturated dog-themed meme coins. This surge in attention is pushing $SHIBI toward rapid sellouts at each presale stage.
Moreover, Panshibi’s social-fi model lets its users participate in quests and challenges to earn rewards. At the same time, early buyers receive instant access to the Bamboo Private VIP Members Club, unlocking exclusive perks and community benefits.
Additionally, Panshibi’s structured presale is designed for stability and fairness. The increasing price at each presale stage encourages early participation, rewarding those who join before the final listings on CEXs and DEXs. Panshibi is positioning itself as a formidable competitor among meme coins, with Coinsult certifying its smart contract integrity and locked liquidity pool.
Solana’s 28% Crash in 48 Hours Raises Concerns for Investors
Solana continues trading below its 200-day SMA after a 35.6% price decline since early February. The unlocking of $431.3 million worth of SOL tokens by FTX and Alameda contributed to increased liquidity and heightened selling pressure. Technical analysis indicates that if the current correction continues, Solana’s price could test the support level at $120 soon.
Additionally, the broader crypto market has experienced sudden liquidations, with SOL crashing by up to 28% in the last 48 hours. As a result, large-scale investors have unstaked nearly $200 million in SOL tokens, further exacerbating the price decline.
ADA Drops 16% in One Day – How Far Will It Go?
As of March 4, ADA is trading at approximately $0.82, reflecting a decrease of 16% from the previous day. The recent announcement of a US Crypto Strategic Reserve initially caused a surge in prices. However, skepticism regarding the implementation and regulatory approval of this reserve has led to sharp corrections.
Moreover, Cardano has been trading in fear since January 2025. This market downturn has further impacted ADA’s price, raising concerns about its stability. If the Cardano price falls below the $0.79 support level, the token could drop to $0.72. However, whale activity hints at a possible reversal, as increased demand during the market fall could stabilize the Cardano price.
Conclusion
While leading layer-1 cryptocurrencies face scrutiny and declining whale transactions, Panshibi is gaining global traction as an exciting alternative in the crypto market. With its fourth-stage price at $0.005 and a projected 120,000% surge following major exchange listings, now is the perfect time for savvy investors to secure early positions.
You can join the Panshibi presale using these links:
Telegram: https://t.me/panshibi
