$100,000s In Days Put Into Super Cheap $0.004 Panshibi (SHIBI) Launch Tempting Investors Away From Toncoin & Cardano

The cryptocurrency market is witnessing a significant turnaround in investor interest in ultra-low-cost meme coins like Panshibi (SHIBI). SHIBI, currently in Stage 3 of its token presale, is priced at just $0.004 and has investors eyeing a potential price surge of over 100x.

Within only days of its ICO launch, Panshibi showed up in Cardano’s latest news as the best cryptocurrency to buy. Panshibi has raised hundreds of thousands of dollars, drawing attention and liquidity away from established players like Toncoin (TON) and Cardano (ADA).

As the meme coin frenzy reignites, analysts question whether this new contender can sustain its momentum—and what it means for the broader altcoin landscape.

Toncoin’s Struggle: Can the Telegram-Backed Token Compete?

Toncoin, the native token of The Open Network (TON), has faced headwinds despite its association with messaging giant Telegram. Once hailed as a potential Ethereum competitor,Toncoin has seen its price drop to around $3.82, down 34% from its January 2025 peak of $5.75. Telegram’s adoption of TON-based usernames and wallets has not produced lasting price increases for Toncoin.

Toncoin faces problems because of strong competition among the Layer-1 blockchain sector and insufficient distinct features. The potential future growth through Telegram’s 900 million user base exists but the project faces difficulties converting technological progress into widespread market acceptance. With Toncoin trading volume recently dipping below $300 million daily, investors could be redirecting capital toward high-risk, high-reward plays such as Panshibi.

Cardano Latest News: Ecosystem Growth Amid Market Indifference

Cardano, the Proof-of-Stake blockchain known for its academic rigor, continues to expand its ecosystem despite facing investor enthusiasm. Cardano latest news highlights the launch of the Plomin Hard Fork as a major upgrade for Cardano, bringing decentralized governance to the network. ADA holders can now delegate their voting power to Delegated Representatives (DReps).

This allows Cardano holders to participate directly in important decisions such as protocol changes, treasury withdrawals, and future hard forks. The upgrade required 8

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Author: Crypto Daily

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