The crypto market has been hit with yet another bearish wave, and it’s more than just profit-taking this time. Tokens have reacted to the Federal Reserve’s news on rolling out new currency in the US, and it’s taking its toll on crypto coins.
Ripple is one of the less affected tokens, however. In fact, the Ripple price prediction features both bearish and bullish outcomes, although with some inclination towards bullish. Panshibiis one meme project that is merging three huge communities together in the crypto-verse.
It’s a meme coin resurgence, and with the underperforming meme ecosystem, Panshibi is a welcome relief.
Ripple price recovery underway?
While the rest of the crypto-verse have hit their lowest support levels, the XRP token is already rising back up from the dip. It’s been a turbulent few weeks already, and XRP is ready to cash in on the market sentiments.
The new administration in the US, along with the SEC, have adopted a friendlier disposition towards cryptocurrency. Ripple and its tokens had previously suffered stagnation for years due to an ongoing lawsuit against the SEC, one that effectively stumped the token’s price movements.
Now that the crypto regulatory environment is getting much more conducive, tokens like Ripple will be spiking soon. The token is worth $3.08 at the moment, but there’s more to the Ripple price prediction than just bullish or bearish.
Ripple price prediction: Where’s the XRP token headed?
Straight answer? The indications are pointing at bullish. Ripple is one of the best cryptos to buy now, and the XRP token has justified that with only 3% losses in the past week.
Ripple has also been in a five-wave Elliot pattern lately, and the token is only about to enter its 5th wave. The 5th wave is often accompanied by spikes and traders are eager for profits in the short-term.
The resistance to watch out for is at $3.40. If Ripple manages to scale that, the next stops are at $4.20 and $4.50. The next few days will be very critical to Ripple’s price prediction.
It’s time to have a meme back to spice things up; welcome, Panshibi!
The Panshibi ecosystem: Bamboo Valley is open to everyone!
The Panshibi (SHIBI) story is set in the Bamboo Valley, one of the last true peaceful places in the crypto-verse. With much of the crypto market becoming a minefield of rug pulls and cutthroat development teams, Panshibi opens up fun, exciting prospects for its users.
Panshibi’s tokenomics couldn’t be clearer. The community is at the heart of the meme project, as the platform will be using elements of AI and SocialFi to create a teeming stronghold of devout SHIBI holders.
Beyond the platform, the tokens are also distributed such that the community maintains major control over the SHIBI token pricing. About 60% of the tokens go to the presale, while 15% is earmarked for rewards and staking.
Yeah, you heard that right. Panshibi will be encouraging token staking with annual yields to match the biggest offers in the crypto-verse. The goal is transparency and reliability; the SHIBI coins are about to be the best cryptos to invest in currently.
Step in line for your Panshibi tokens!
You might have heard, but the SHIBI token presale will be ending in less than 55 days! The first time-defined presale in a long time, and it’s a meme coin–you just know Panshibi is not messing about here.
The SHIBI tokens cost $0.003, with a profit potential of about 13x even before the tokens list. Get in early and get the year started with meme profits!
Telegram: https://t.me/panshibi
Twitter: https://x.com/panshibi
Website: https://panshibi.com
