Solana experienced a recent price bump after a U.S. decision to pause rate hikes. A new meme coin, Panshibi, is generating excitement among Solana holders with its ambitious goals and presale offering.

Solana’s Rollercoaster Ride

It’s no secret that it hasn’t been smooth sailing for Solana lately. The source indicated that like many cryptocurrencies, Solana took a hit during the market downturn. Many people who invested in Solana saw their holdings decrease in value which understandably caused some worries about recovery. However, there’s been some positive movement recently! The source explained that due to the United States pausing Federal Reserve rate hikes, Solana saw a 3% price increase on Wednesday after consistent drops.. While this is good news after many days of losses , it doesn’t erase previous dips; just last week alone showed an 8% decrease according to charts provided by the source . Despite these fluctuations, Solana did experience a peak of 25% in value over the last month which shows how volatile this market can be. It leaves many holders wondering if they will see more gains or continue experiencing these dips in February.

Panshibi: The New Hope?

Now here comes Panshibi! This new meme coin has got lots of attention from Solana investors according to what we have seen reported as “Solana News”. It’s still in its presale stage, but the buzz is real. The source revealed that Panshibi aims to create a huge community, even larger than Solana’s, where people can connect, play games for rewards and grow their knowledge of crypto. It’s designed to be a place where experienced traders can use their skills to earn while newbies can learn the ropes from veterans in the field.

The source also indicated that transparency and security seem important to this project since they had their smart contract verified by Blockchain security firm Coinsult and have already passed an audit without delays . Currently, Panshibi is in its second presale stage at $0.003 per token, with 14 more stages before it hits the market. The presale is capped at $10 million and is expected to run for roughly 60 days. According to the source, as it moves through these stages, its value is projected to increase by a staggering 1200% with an even larger 145,000% surge expected on launch day. Currently, there are about 1.2 billion tokens in presale which is about 60% of the total supply.

What’s more? The source shared that you can stake your Panshibi tokens to earn high Annual Percentage Yields (APYs) of up to 1200%. Holding this coin could also grant you access to exclusive clubs and make you a part of critical decision-making within the community, including gaining access to VIP groups like the Bamboo Private VIP Members Club. The source reported that when Panshibi launches, it’ll be listed on major exchanges like Uniswap and other centralized platforms with its liquidity pool locked for at least 10 years.. This means the community will have full ownership since token ownership will be renounced.

In conclusion, It seems that many people in Solana news are hopeful that Panshibi could offer a path to recover losses suffered from holding Solana . Whether it lives up to the hype remains to be seen but one thing is certain: it has generated significant excitement in the crypto space.

Source: Solana News The Beast Of Transactions Holds Firm At The Top Why New Projects Keep Solana Strong | Tronweekly.com

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