Dogecoin and Shiba Inu are in the news today as the meme coin supercycle winds down. Dogecoin will likely make history as the first meme coin to get an ETF following several applications from venture capital firm Grayscale. The company has already gotten approval for its Dogecoin Trust, unveiling it a few days ago. It is now pushing for approval of its Dogecoin ETF. Meanwhile, the Shiba Inu community has fallen hard after downward movements in the SHIB price. Analysts believe a price rebound will occur sometime soon, but there is already pressure on the token due to the incoming launch of Panshibi . Although it is still a presale token, Panshibi looks likely to do 100x when it launches, and the new meme coin is already stealing investors from the top meme coins. ETF Proposal Raises Hopes for Long-Term Price Growth According to Dogecoin news, Dogecoin could become the first meme coin to get an ETF if the SEC approves the proposals for a Dogecoin ETF from venture capital firms. Although a number of Defi projects like Solana and Ethereum lead the way in ETF applications, no meme coin has attempted to venture into it. With Dogecoin's application, members of the DOGE community have been basking in the excitement of what this Dogecoin news could mean for the meme coin's price trajectory in the long run. However, Dogecoin's current predicament on the price charts does not reflect the bullish excitement in its community. The DOGE token is trading at $0.25 at the time of writing, marking an 22% decline in the last week. Shiba Inu Community Lament Woes Meanwhile, the Shiba Inu community is facing hardship following the latest dip in the SHIB price. The SHIB price has dipped 21% on the weekly trends and is now trading at $0.00001449. Shiba Inu is surviving selloff pressure for now, given the current bearish nature of the general crypto market, but a new meme coin launch could change that. Shiba Inu holders would be hoping that the second-largest meme coin will bounce back in time, or else it will be all eyes on Panshibi, the new meme coin taking over the meme sector. If Panshibi launches before the SHIB price recovers, it might lead to a massive selloff, as Panshibi would have gone full throttle in the race for market dominance. Panshibi Raises Nearly $1 Million in Presale Following analysts' bullish remarks that Panshibi could be the biggest meme coin in 2025, investors are rushing to participate in its ongoing presale. The presale token has generated nearly $1 million in revenue as it gears up to launch on major exchanges. Analysts believe Panshibi can rival the top meme coins in the industry due to its engaging narrative and many incentives. Panshibi will draw traffic from the Asian market and get all the love from Panda lovers. With the meme community also cheering the new meme coin on, there will be no stopping this dark horse. Interestingly, Panshibi also provides passive income-earning opportunities through perks like staking rewards. Panshibi token holders also gain access to governorship rights and access to an exclusive VIP members club. Conclusion While Dogecoin looks set to make history as the first meme coin to get an ETF, Shiba Inufans remain concerned about the trajectory of the SHIB price and fear it could fall even further. Meanwhile, Panshibi has raised more than $600,000 in just 10 days of its ongoing presale, and the meme coin looks set for a massive launch in the next few weeks. Before then, investors lined up to stock up the SHIBI coins as the profits started from the presale, and every second counts right now. Panshibi is the low-risk, high-reward investment investors must have ahead of the bull run, and it’s moderately priced at $0.004 in stage 3 of its presale right now. Join the Panshibi ($SHIBI) presale and community: Join Panshibi ($SHIBI) Presale Join the Panshibi ($SHIBI) Community Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
