"Panshibi Surge: $0.004 Meme Coin Lures Investors from Toncoin & Cardano"

Hundreds of Thousands Invested in Super Affordable $0.004 Panshibi (SHIBI) Launch, Diverting Attention 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.

In only a few days since its ICO debut, Panshibi has been featured in Cardano's latest news as one of the top cryptocurrencies to invest in. The project has already attracted hundreds of thousands of dollars, pulling resources and focus away from established coins such as Toncoin (TON) and Cardano (ADA).

With the meme coin craze reigniting, analysts are debating whether this newcomer can maintain its momentum and what implications this has for the wider altcoin market.

Toncoin, the token behind The Open Network (TON), is facing challenges despite its connection to the messaging platform Telegram. Once seen as a possible rival to Ethereum, Toncoin has dropped in value to approximately $3.82, a decrease of 34% from its peak of $5.75 in January 2025. Even with Telegram's integration of TON-based usernames and wallets, Toncoin has not seen sustained price growth.

Toncoin struggles in a fiercely competitive Layer-1 blockchain space and lacks unique features. Although there's potential for growth through Telegram's vast 900 million user base, converting these technological advancements into broad market acceptance remains a hurdle. With Toncoin's trading volume recently falling below $300 million daily, investors may be shifting their focus to high-risk, high-reward ventures like Panshibi.

Cardano, recognized for its Proof-of-Stake consensus and academic approach, continues to grow its ecosystem despite lukewarm investor interest. Cardano's latest news reports the introduction of the Plomin Hard Fork, a significant upgrade enabling decentralized governance. ADA holders now have the ability to delegate voting power to Delegated Representatives (DReps).

This change empowers Cardano holders