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SHIB and XLM remain in the spotlight, but a new meme coin, Panshibi, is also making waves.

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The crypto world is buzzing with excitement. Among the whirlwind of Stellar’s (XLM) increasing popularity and Shiba Inu’s (SHIB) dominance, a new meme coin project is standing out for its potential: Panshibi (SHIBI).

Aiming for Binance and Coinbase listings, Panshibi could deliver massive gains for early believers.

Shiba Inu’s dominance

Shiba Inu remains a prominent name within meme coins, continuously attracting viewership in social and financial media platforms. The first surge of the coin’s value brought remarkable success which drew enthusiastic cryptocurrency fans into the market. 

While Shiba Inu’s legacy has undoubtedly influenced market trends and set the tone for meme-based assets, its time in the spotlight is gradually giving way to newer, more innovative projects. This shift is not a sign of Shiba Inu’s failure but rather an evolution in investor preferences as they look for projects that offer robust utility alongside viral appeal.

Stellar’s price performance

Over the past week, Stellar’s native token, XLM, has experienced a minor 0.31% decline, currently trading at $0.3287. This decline comes amidst a backdrop of market turbulence influenced by Trump’s tariff announcements. 

However, Stellar has been making strides in enhancing its ecosystem. Its Q4 2024 report, released early in February, showcased significant growth in its network’s use, with 9 million total addresses and $4.1 billion in Real World Asset (RWA) payments volume.

This report, coupled with XLM’s resilience against market downturns, has sparked discussions among analysts about its long-term potential, with some predicting a 120% increase based on its fundamentals. However, short-term performance

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