Shiba Inu (SHIB), a popular meme coin, briefly increased in value this past week as the cryptocurrency market rebounded. Nonetheless, analysts predict that this Shiba Inu (SHIB) price spike will be temporary and that there will be further drops soon. This is mainly as Pandoshi (PAMBO), a new rival, picks up pace and is expected to grow significantly in 2024.
Shiba Inu Sees Minor Bounce
The price of the widely recognized meme coin, Shiba Inu, increased by about 24% on January 13th to $0.0000104. This was after the U.S. SEC approved multiple Bitcoin spot ETFs on January 10th, which sparked excitement in the cryptocurrency markets.
Additionally, activity continues growing on the Shiba Inu network, despite recent SHIB price weakness. Per Shibariumscan data, total transactions have now exceeded 280 million. Plus, with the latest Shiba Inu (SHIB) price bounce, over 9.35 billion tokens were burned to reduce supply.
Meanwhile, most experts believe that this relief rally is quite transitory. They predict that the factors influencing Shiba Inu’s (SHIB) price, such as whales’ ongoing sales and worries about the long-term usefulness of meme currencies, would cause Shiba Inu (SHIB) to drop below $0.0000100 in the upcoming weeks.
Pandoshi (PAMBO) Offers Fresh Alternative
As SHIB shows signs of faltering, an innovative new crypto project called Pandoshi (PAMBO) has rapidly gained attention as a potential replacement. This fresh ecosystem offers a fully decentralized suite of DeFi products and services far beyond meme coin status.
Pandoshi’s Layer 2 network leverages eco-friendly Proof of Stake validation. It includes a decentralized exchange (PandoshiSwap), a non-custodial wallet (Pandoshi Wallet), prepaid debit cards (Cardoshi), educational platforms (Pandoshi University), metaverse games, and more.
Crucially, all components integrate with Pandoshi’s native PAMBO token. This provides utility value unmatched by meme competitors like SHIB. Additionally, PAMBO incorporates deflationary tokenomics, including a buyback and burn mechanism.
With 80% of the total supply slated for removal over time, PAMBO is intentionally designed as an increasingly scarce asset. Between this and numerous real-world uses across Pandoshi’s ecosystem, PAMBO offers investors something SHIB lacks—tangible utility and built-in appreciation drivers.
PAMBO Price Set to Breakout
Pandoshi continues a massively successful token presale, crowdfunding over $2 million in a matter of weeks. Such exceptional demand signals immense faith in PAMBO’s future growth prospects.
PAMBO is currently priced at $0.006 during the ongoing pre-launch sale. However, it will reach $0.01 upon listing on Uniswap soon. Given the thoughtfully engineered tokenomics and favourable market conditions, experts predict PAMBO can reach $0.50 within its first year.
This translates to an incredible 50x return from the final presale price. It massively outpaces SHIB’s temporary bounce and declining long-term outlook. For investors seeking maximal gains in 2024, PAMBO represents a vastly superior opportunity compared to tired meme coins like SHIB.
The innovative features of Pandoshi’s ecosystem, combined with PAMBO’s built-in scarcity and utility, put it in prime position as the next major crypto breakout. As SHIB falters, the more sustainable opportunity this next-generation platform offers means PAMBO offers 50x return potential that could produce life-changing wealth creation in 2024 and beyond.
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/
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
