The meme market is still reeling from bearish market pressure. OG meme tokens like DOGE and SHIB have fallen by a double-digit percentage, and Solana meme coins like BONK are toeing the same line. Despite the proposed 2.02 trillion token burn that followed a massive $51 million BONKmas burn, the meme coin remains stuck in a downtrend, with a 52% drop this month.
But the smart BONK investors are seeing an opportunity in the struggle – an avenue to explore the next 100x gem with Panshibi. This new panda-themed memecoin has gained traction with its ongoing presale, igniting a snowball effect. As it nears major exchange listings, could Panshibi be the turnaround BONK holders need? Let’s find out.
BONK price fall 52% MoM despite token burn
The 2024 meme frenzy is absolutely unforgettable. In the last quarter, the BONK price soared to an all-time high of $0.000059 before falling into a relentless downtrend. In a bid to counteract the struggles, the BONK team announced a $51 million BONKmas burn that failed to materialize. Just recently, the team announced another 2.02 trillion BONK burn, aiming to increase scarcity and revitalize interest.
The latest BONK burn was part of its BONKDragon campaign finale and a symbolic gesture of the 2025 Lunar New Year. However, the market response has been underwhelming, leaving the BONK price trapped in a descending channel and trading at just $0.000014—75% below its all-time high. The broader market downturn, exacerbated by macroeconomic setbacks, the US trade war and the recent Bybit hack, weighed on BONK’s price.
Analysts’ near-term outlook is not looking any better. The token’s 4-hour chart revealed movement in a descending channel, while the daily chart highlights a descending triangle that suggests aggressive selloffs. Analysts warn that if BONK fails to breach the current resistance level, it risks testing the critical $0.0000091 support a level last seen in February 2024.
Panshibi: AI-backed utility meme coin saves BONK investors
Panshibi is shaping up to be one of the most explosive meme coin opportunities of the year. While BONK’s price struggles with market volatility, this low-cap gem remains steady. In fact, its ongoing presale has offered an unbeatable opportunity to stay ahead of the curve and capitalize on its structured growth. Within a month of the presale, Panshibi sold out three stages and raised over a whopping $1.1M.
Currently in Stage 4 of its presale, Panshibi is selling at just $0.005, setting the stage for over 400% returns before its listing at $0.026. Its low-risk, high-reward approach positions it for a staggering 145,000% price increase post-launch. But the real appeal lies in its dual nature: a fun, community-driven meme coin with serious earning potential.
By incorporating AI-powered utilities, Panshibi sets itself apart from traditional meme tokens. It’s a dynamic, user-driven ecosystem where everyone can engage in community quests, stake their holdings, and earn passive income. The project’s branding as a panda-themed meme coin also plays a crucial role in its early success.
Drawing inspiration from Asian culture, Panshibi has gained significant traction among Asian crypto enthusiasts, adding to its strong and growing community. The best part is still its passive income opportunities and well-thought-through roadmap activities. Token holders can earn as high as 1200% staking yield and access Panshibi’s exclusivities.
Join the presale of the year with Panshibi.
Panshibi has proven to be the revolution that brings meme culture alongside utility altcoins. With BONK’s price losing momentum, Panshibi has emerged as a safe haven. Its ongoing presale is seeing massive demand, and with just limited time left, the token is expected to see a final rush as investors look to secure their positions before CEX’s listing.
Security-conscious investors will also be reassured by the fact that Panshibi has passed a rigorous audit by Coinsult. Right now, Panshibi is more than just a meme coin; it’s a community-first, innovative movement with humongous upside potential.
You can participate in the Panshibi presale here:
Telegram: https://t.me/panshibi
Twitter: https://x.com/panshibi_
Website: https://panshibi.com
The post BONK Price Crash: How Is Panshibi Saving Bonk Investors As Presale 1,200% Gains Start Snowball Effect appeared first on Coinchapter.
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