Ahead of February 2024, all eyes are on two cryptocurrencies: Shiba Inu and Pandoshi. These two are making waves in the cryptocurrency world and are expected to skyrocket, with some saying they could grow up to 25 times their current size. Shiba Inu, known for its meme status and growing network, and Pandoshi, known for its smart DeFi features and strong community support, are noteworthy. In this article, we break down why Shiba Inu and Pandoshi are popular choices for explosive growth, looking at their technology, community support, and what makes them stand out in a crowded cryptocurrency market.
Shiba Inu (SHIB)
Launched in late 2020, Shiba Inu (SHIB) is a meme coin created by an anonymous individual known as “Ryoshi” and quickly became a mainstay in the cryptocurrency space. Its attractive mascot and endorsements from celebrities including Elon Musk and Vitalik Buterin have led to a rapid rise in popularity, and it has evolved beyond its origins as a meme coin into a powerful platform centered around the SHIB token.
SHIB’s utility has expanded and is now accepted for trading across a variety of outlets and has been integrated into the ShibaSwap decentralized exchange, enhancing its functionality within its own ecosystem. A notable milestone was the addition to Coinbase, the leading US cryptocurrency exchange, in September 2021, which led to a significant price increase of over 40% in just a few days. Introducing SHIB on major exchanges has not only raised awareness of SHIB but also fostered adoption on a larger scale.
Pandosi (ORN)
Pandoshi stands out in the decentralized finance (DeFi) space by offering a variety of features designed to engage users with blockchain technology and fostering a community-driven platform that goes beyond simple financial transactions. The emphasis on decentralization, privacy, and user empowerment has set Pandoshi apart.
Pandoshi has seen its token price surge 500% since the pre-sale began, rising from $0.002 to $0.01 in the latest stage, highlighting the growing interest and demand in the market. This trend makes Pandoshi an attractive investment option for those looking to enter the cryptocurrency market at an accessible price.
The foundation of the Pandoshi platform is a layer 2 network based on the proof-of-stake protocol, providing an environmentally friendly solution compared to traditional proof-of-work systems. This ecosystem is comprehensive, including a decentralized exchange, the recently launched Pandoshi Wallet on the Google Play Store, Metaverse games, educational resources, and cryptocurrency-compatible prepaid cards, all centered around the PAMBO token, which was first launched on the Ethereum blockchain.
PAMBO was designed with a deflationary model in mind, incorporating a buy and burn process to increase scarcity by purchasing tokens at market price and then removing them from circulation.
Pandoshi’s important features, such as a decentralized exchange, play a pivotal role in increasing the value of tokens by applying transaction fees. These fees are used to purchase and permanently destroy PAMBO tokens on the market, further increasing their scarcity and value.
A major milestone for Pandoshi was the beta launch of Pandoshi Wallet on the Google Play Store, as announced on its Twitter feed. This development, which takes place concurrently with the pre-sale phase, marks an expansion of the project, especially in support for Ethereum Virtual Machine (EVM) compatible chains and planned integration with non-EVM chains in the future. Plans for an iOS version of the wallet are also underway, with the goal of broadening the scope of the project.
The introduction of the Pandoshi wallet on the Google Play Store has significantly improved Pandoshi’s presence in the market and increased investor confidence in investing in the DeFi sector. This initiative highlights Pandoshi’s commitment to open source development and community-driven governance to attract investors interested in privacy and decentralization. The availability of the wallet piqued investor interest, with many wanting to participate in the pre-sale.
Pandoshi is emerging as an attractive investment opportunity due to its extensive ecosystem and strategic token economics. Investors interested in acquiring PAMBO tokens can do so through the project’s official website, which provides extensive guidance on purchasing.
Click here to purchase PAMBO tokens before the pre-sale ends
For more information about Pandoshi (PAMBO), please take a look at the following links:
Homepage: https://pandoshi.com/
White paper: https://docs.pandoshi.com/