As 2024 begins, the attention of the cryptocurrency world is focused on Solana (SOL), which has achieved remarkable results in 2023. In December, the project hit a high of $124 not seen in years. But there may be a new contender for the top spot. Pandoshi (PAMBO) is showing great promise and may soon surpass Solana (SOL). Let’s look at these two in more detail.
Solana (SOL) Recent Performance
Since hitting a high of $124 on December 25, 2023, Solana (SOL) has fallen to around $94 per coin. However, the project has gained a modest 3.67% in the last 7 days. Analysts predict that Solana (SOL) could rise further in 2024.
Analysts are basing their forecasts on a dramatic rise in SOL in 2023. In just 9 months, it went from less than $30 per coin to over $100. As 2024 approaches, some analysts predict that Solana (SOL) could reach $160, with the most optimistic predictions predicting $200 by the end of the year. Looking ahead, they predict that Solana (SOL) will rise above $400 in 2025.
Solana (SOL) would need to rise close to 90% to hit the previous ATH of $259.92. While this may seem like a big ask, it is worth noting that last time Solana (SOL) went from a low of under $10 to over $250 in just a few weeks. Most of the initial pump has passed and current forecasts are very modest in the cryptocurrency world.
Pando City (PAMBO) Analysis
PAMBO is a relatively new project that is still in pre-sale. To date, we have sold $3 million worth of PAMBO tokens. The huge demand for the token is due to its promised utility in the Pandoshi (PAMBO) ecosystem. The coin will play a role in the planned PandoshiSwap (DEX), the recently launched Pandoshi wallet, a crypto-based debit card, educational programs, and a gaming metaverse.
Unlike most other projects, Pandoshi (PAMBO) has clear plans for the PAMBO token. As a result, analysts predict that the token could increase 100x in the first few weeks after launch. In the first month alone, the value per token can increase from $0.01 to over $1. After that, its value can increase 1000 times. This trend has also been observed in other projects in the past.
Given the developer team’s dedication to success and the tremendous interest the project generates, it may surpass all previous records. Once the PAMBO token is released on the secondary market, its value could rise to the point where it becomes the most talked about token for months.
conclusion
From the short analysis above, it is clear that both Pandoshi (PAMBO) and Solana (SOL) can grow in 2024. But the biggest difference is how much the value can grow.
Solana (SOL) has been a great investment for those who get in early. But that ship has already sailed, and further astronomical growth is impossible. You need projects like Pandoshi (PAMBO) to make it big. With current prices of less than a penny per token, we can see small investments reaching heights rarely seen in cryptocurrencies.
Click here to purchase PAMBO tokens
For more information about Pandoshi (PAMBO), please visit the link below.
Homepage: https://pandoshi.com/
White paper: https://docs.pandoshi.com/