Dogecoin (DOGE), the once viral meme coin, is losing its luster among cryptocurrency investors. There is a large-scale exodus of users moving to PAMBO, the pioneer of a new ecosystem.
Pandoshi represents a decentralized network focused on community governance, financial privacy, and security. Backbone is a sustainable layer 2 network that leverages proof-of-stake consensus for validator approvals.
Pandoshi avoids the costs and environmental damage associated with Dogecoin’s proof-of-work model by relying on staking instead of compute-intensive mining.
real utility
The core of Pandoshi is to provide real-world utilities encompassing decentralized transactions, payments, and token storage. This includes PandoshiSwap, a decentralized exchange built on liquidity pools that enables peer-to-peer cryptocurrency trading without intermediaries or KYC.
In a recent development, Pandoshi has also launched a beta version of its highly anticipated Pandoshi Wallet on the Google Play Store. Pandoshi Wallet provides users with a non-custodial gateway to the Pandoshi ecosystem and will initially focus on supporting Ethereum-based assets and dApps.
Plans are already underway to bring the versatility of the Pandoshi wallet to more cryptocurrency users by expanding support for non-Ethereum blockchain networks in future app updates. An iOS release to improve accessibility is also in the works.
The community-driven offering of Pandoshi Wallet is firmly aligned with the project’s emphasis on transparency, user privacy, and driving progress through open source collaboration.
Click here to participate in the Pandoshi pre-sale.
PAMBO Value Economics
PAMBO, Pandoshi’s native token, adopts a deflationary tokenomics model, creating internal scarcity that increases investment attractiveness. The ecosystem design ensures that a portion of all proceeds from activities such as transaction fees are used to permanently remove PAMBO tokens from circulation.
The symmetrical approach of fixing the total supply of PAMBO while systematically reducing tokens publicly promotes the growth of intrinsic value.
PAMBO pre-sale begins
The ongoing PAMBO pre-sale allows investors to acquire assets at a discounted fixed rate prior to final exchange listing. Of the total 2 billion tokens, 1 billion are currently scheduled to be purchased by pre-sale participants at a rate of $0.008 per token.
Forecasts suggest that PAMBO could rise in price above $50 by the end of 2024, which could result in triple-digit percentage gains for early pre-sale buyers. A listing on major exchanges such as Uniswap, Coinbase, and Binance would trigger a massive price increase.
Decline in value of Dogecoin
Unlike Pandoshi’s multi-functional ecosystem, Dogecoin lacks utility beyond payments and storage of value. Initially going viral due to its community-driven meme status, Dogecoin’s influence has since faded.
The loss of key backer Elon Musk’s participation and doubts about its efficiency compared to Pandoshi’s staking mechanism further reduce the optimistic outlook for Dogecoin.
concluding thoughts
As Pandoshi continues to gain traction in 2024, analysts agree that it has the potential to surpass Dogecoin’s market cap this year. By balancing cryptocurrency innovation with everyday personal finance applicability, PAMBO has established itself as a strong challenger to Dogecoin.
Pandosi’s pre-sale provides investors with the optimal window to participate before the price surges after listing. With token prices nearing launch levels, now could be the best opportunity to buy into this fast-growing ecosystem.
Click here to participate in the Pandoshi pre-sale.
For more information about Pandoshi (PAMBO), please visit the link below.