It's a real struggle for profits in the crypto market; DeFi coins like Cardano have not been as reliable as they used to be as the ADA price struggles to impress and everyone is turning to very unlikely sources for profits.
New meme coin Punshibi (SHIBI) has its sights set on the top crypto rank and Cardano is one of the DeFi tokens that are suffering.
It's a real struggle for profits in the crypto market; DeFi coins like Cardano have not been as reliable as they used to be as the ADA price struggles to impress and everyone is turning to very unlikely sources for profits.
Meme coins could be the key to unlocking profits in the new year and is looking like the most likely destination for massive gains. The new meme coin has its sights set on the top crypto ranks and Cardano is one of the DeFi tokens that are suffering.
Here's why.
The DeFi coins, particularly the ADA price, have had a tough time getting to profitable ways. With investor interest tipping in favor of high-profit potential projects, Cardano is already taking a backseat on the trading volume charts.
From January 17, the ADA price has experienced a . It's a typically bullish pattern, where the token price rises after a steep decline. Cardano $0.72 in that time, bottoming out at $0.61 on February 3rd.
With such a decline, traders, especially the scalpers, started exploring other options in the crypto market. One of the most popular options these days is Panshibi, the new meme coin exciting the entire crypto market.
The Panshibi project is setting the stage for a stellar launch. The last time that happened in the crypto market, we had Pepe and it was two months of bliss.
Now, the Panshibi project is intent on hanging around for much longer than Pepe while offering use cases to crypto users. Meme coins have had a reputation for being useful only in token spikes; all that's about to change with Panshibi.
Cardano and other DeFi coins are often impeded in that they cannot experience the kind of profit spikes that meme coins can generate. Now that investments can deliver massive price spikes and offer utility at the same time, the new meme coin is already quite the catch.
The Panshibi ecosystem infuses AI elements, panda features and meme cultures. It's an interesting mix of all three features, especially since the developers have managed to recreate the lush green vegetation that is so characteristic of the Asian continent.
The effect created is a calming atmosphere where every crypto user feels at home, especially after long hours of battling with trading charts. And you won't just be relaxing. For DeFi traders who have a panache for constantly investing their tokens, Panshibi is right where you should be.
The staking protocol on the meme platform offers competitive yields in terms of APY rates. You stake your tokens to build the economic strength of Panshibi and you earn up to 20% APY, one of the highest rates in the market.
There are also more opportunities to earn more SHIBI tokens, like completing your quests, which are primarily solo and at your pace. Then again, you don't have to wait for the platform to launch before you start accumulating Panshibi coins.
That's what the presale is for!
The SHIBI tokens are in their 4th presale stage, selling at $0.005 each from a starting price of $0.002. That means that stage 1 buyers are already 150% up and you should join early to share in the presale ROI.
There's still 400% to be earned before launch day and about 140,000% expected after launch. Yes, that's the huge return everyone is talking about.
Join the Panshibi presale today for $0.005 per token;
Telegram:
Twitter:
Website:
Disclaimer: Cryptocurrency investments are risky and highly volatile. This is not financial advice; always do your research. Our editors are not involved, and we do not take responsibility for any losses.