Price: $0.31489 -1.9354%
Market Cap: 46.39B 1.4104%
Volume (24h): 4.16B 0%
Dominance: 1.4104%
Price: $0.31489 -1.9354%
Market Cap: 46.39B 1.4104%
Volume (24h): 4.16B 0%
Dominance: 1.4104% 1.4104%
  • Price: $0.31489 -1.9354%
  • Market Cap: 46.39B 1.4104%
  • Volume (24h): 4.16B 0%
  • Dominance: 1.4104% 1.4104%
  • Price: $0.31489 -1.9354%
Home > Information news > New Cryptocurrency Predicted to Exceed Performance of Shiba Inu (SHIB) and Dogecoin (DOGE) in 2024

New Cryptocurrency Predicted to Exceed Performance of Shiba Inu (SHIB) and Dogecoin (DOGE) in 2024

Release: 2024/02/01 09:31 Reading: 591

Original author:Cryptopolitan_News

Original source:https://www.cryptopolitan.com/?p=455457

As 2024 begins, cryptocurrency investors are searching for the next big winner that could generate returns similar to Shiba Inu’s 43,800,000% gain in 2021. One emerging cryptocurrency, Pandoshi (PAMBO), shows strong signals that it could be the next breakout star.

Pandoshi’s Remarkable Presale Success 

In the short time since its launch, Pandoshi has quickly raised over $3 million in its presale. This remarkable success demonstrates investor confidence in Pandoshi’s vision of championing decentralization, privacy advocacy, and user-driven financial governance.

Structured as a Layer-2 Proof of Stake protocol, Pandoshi offers several services, including a decentralized exchange, a non-custodial Pandoshi wallet already launched on Android, metaverse gaming, and an educational platform called Pandoshi University. Pandoshi also provides global digital asset transactions through crypto-compatible prepaid cards.

Pandoshi’s presale has five phases, currently in the fifth and last stage priced at $0.01 per token. The upcoming listing phase will increase the price to $0.015, an important milestone and over 700% higher than the initial $0.002 presale price per token.

The PAMBO Token’s Crucial Role  

The PAMBO token is crucial within Pandoshi’s ecosystem including PandaChain, the Metaverse Game, and Pandoshi University. As a deflationary token, PAMBO increases in value from PandoshiSwap’s buy-and-burn policy and crypto-prepaid Cardoshi transactions. Participants can directly purchase PAMBO or acquire it by engaging in Pandoshi’s ecosystem.

Pandoshi also has a BAMBOO governance token for community members to vote on project decisions. Unlike the deflationary PAMBO, BAMBOO is inflationary.

Groundbreaking Pandoshi Wallet Beta Version  

An important new development is Pandoshi’s launch of its open-source Pandoshi Wallet beta version on the Google Play Store, allowing storage and transactions for EVM-compatible chains. The upcoming iOS version will expand accessibility for more users.

Releasing the wallet during the presale phase significantly raises Pandoshi’s profile and confidence that the project is dedicated to advancing decentralized finance. The increased attention has sparked greater presale participation in acquiring PAMBO tokens.

Shiba Inu’s Supply Challenges

As a meme-inspired cryptocurrency, Shiba Inu captured headlines with an astounding 43,800,000% return in 2021. However, in 2024 Shiba Inu faces supply constraints inhibiting major price increases.

With over 589 trillion tokens circulating, Shiba Inu’s total value stands at $14.6 billion based on its current $0.000025 price per token. Reaching $1 per token would require burning 589 trillion less 1.33 billion tokens to reduce supply to a feasible level for that milestone.

Unfortunately, existing token-burning plans could not realistically achieve such an extreme reduction.

Dogecoin Dependent on Speculation 

Dogecoin gained prominence as a meme-inspired cryptocurrency supported by high-profile figures like Elon Musk. After spiking over 10% recently, the cryptocurrency underwent a market correction, erasing its weekly gains.

Currently valued at $11.6 billion, Dogecoin’s price trades around $0.078 with a 22% drop in trading volume over the last 24 hours. As Dogecoin navigates the early months of 2024, its price trajectory relies heavily on speculative hype rather than sustainable technological developments.

Conclusion  

With investing manias favoring headline-grabbing meme coins, Pandoshi presents a more promising option backed by methodical development. As crypto pioneers lay the foundation for Web3 mass adoption, vision-led innovators like Pandoshi represent the future rather than fleeting trends of the past. Positioned at the intersection of technology and purpose, Pandoshi aims to ignite the next cryptocurrency price explosion in 2024.

Click Here To Buy PAMBO Tokens

Visit the links below for more information about Pandoshi (PAMBO):
Website: https://pandoshi.com/
Whitepaper: https://docs.pandoshi.com/

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