Degens and meme holders are increasingly hopeful of a bullish scenario for Dogecoin price prediction in the near term. Since the meme sector tumbled last week, investors have fled to other stable projects.
Moreover, the intense bearish headwinds of the market make the long-time dream of Dogecoin reaching the $1 mark seem out of reach this year. Shiba Inu, another big-gun meme token, is also on a sloppy trajectory, and more investors could consider dumping the token this week if the meme sector does not stabilize. While the popular Dogecoin and Shiba Inucontinue to suffer, Panshibi, a new meme coin, is garnering traction and support from millions of fans and investors within the community.
Today, we will look closely at Dogecoin price prediction and consider why Panshibi is going viral among fans and investors.
Dogecoin Price Prediction
Investors are hopeful for a bullish setup in Dogecoin price prediction for March, but the current trajectory suggests a different story. Dogecoin has recently started another downward trend, breaking below the $0.2650 zone and slipping past the $0.260 and $0.250 support levels.
A new low was recorded at $0.2002, and Dogecoin is now consolidating losses, trading at $0.2049, well below the 100-hourly simple moving average. Experts predict that the next crucial resistance level where a potential reversal is to be expected is $0.2140, while the keysupport is at $0.195. Should the token trade below the support, further losses to $0.1880 or even to $0.1740 should be anticipated for Dogecoin within the next 48 hours.
Despite its bearish outlook, Dogecoin’s price prediction for the long term remains optimistic.
Shiba Inu Struggles to Regain Momentum
Shiba Inu has plunged into a bearish spiral, recently touching strong resistance at its 20-day moving average. SHIB shed 4.8% of its value over the last 24 hours, with bulls in a losing battle against bears.
Technical analysis suggests that Shiba Inu might soon see a major correction with the token testing buyers’ appetite at $0.000011, a 19% decrease from where its current price at $0.00001362. This outlook is causing concern among investors who had anticipated that March could bring renewed momentum to Shiba Inu and Dogecoin.
Historically, when the meme sector has seen significant rallies, there has always been a market catalyst a fresh narrative or a new project that ignites excitement. This time, that catalyst is none other than Panshibi.
Panshibi: The Viral Meme Coin Stealing the Spotlight
Panshibi is undoubtedly one of the most viral meme projects in the market today. This meme coin has a Panda as its mascot, which was inspired by Asian culture. Panshibi has always maintained a fine line on its mission to give the everyday person a voice against the greed and exploitativeness of financial elites in the market while also giving them a chance to build wealth.
This development marks a new era for meme-based tokens, and Panshibi is inviting meme enthusiasts, Panda lovers, Asians, and market enthusiasts to join SHIBI on this exhilarating journey.
But that’s not all, because SHIBI also offers investors staking benefits. When you stake SHIBI tokens for a year, Panshibi will provide you with up to 1200% APY per annum. Moreover, Panshbi’s ongoing ICO, which started a while ago, has managed to raise over $1.15M in investors’ crowdfunding, a testament to growing investor interest and its bullish potential.
Conclusion
The meme coin sector was one of the biggest market movers last year, but 2025 has painted a different picture. Dogecoin price prediction suggests that DOGE’s dream of reaching $1 remains distant, while Shiba Inu’s bearish trajectory is testing investor confidence.
Analysts believe there is a need for fresh, innovative projects like Panshibi to spice up the saturated market of dog-themed meme tokens (i.e., Shiba Inu, Dogecoin, etc.)
They further suggested that Panshibi’s laser-focused plans to be listed on the biggest exchanges this year can set it up on a 45,000% trajectory.
Join the Panshibi presale today for $0.005 per token;
Telegram: https://t.me/panshibi
Twitter: https://x.com/panshibi_
Website: https://panshibi.com
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.
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