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Breaking News: Spot Crypto Assets Get Nod For Trading On CFTC-Registered Futures Exchanges

This New Cryptocurrency, Pandoshi (PAMBO), Currently at $0.01, Nears the End of Its Presale

Bitcoinist
by Bitcoinist
Last Updated: February 15, 2024 9:00 pm
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

A new cryptocurrency called Pandoshi (PAMBO) has recently captured significant market attention as it nears the end of its presale event. With prices rising from just $0.002 in the first stage of the presale to $0.01 in the final phase, Pandoshi exhibits remarkable early growth. As the crypto industry rapidly evolves, investors seek out promising new projects such as Pandoshi with strong real-world utility.

Pandoshi’s Presale Rallying to a Close

Pandoshi is now in the fifth and final presale stage, with over $5.5 million raised so far. At the ongoing valuation of $0.01 per PAMBO, the last phase is 76% complete, displaying enthusiastic demand leading up to Pandoshi’s official launch.

Pandoshi accepts prominent cryptocurrencies such as Ethereum, USD Coin, and Tether for buying its native PAMBO token. Investors need to connect a compatible wallet like MetaMask and confirm their purchase transactions. The ease of buying PAMBO contributes to the crowded presale as investors flock to acquire tokens.

Unlike utility-short meme coins, Pandoshi focuses on building robust blockchain infrastructure to enable broader utility and adoption for its ecosystem and token use cases.

Pandoshi’s supporting developments include PandaChain, a low-cost proof of stake layer 2 network to facilitate faster transactions. For easy swapping between cryptocurrencies, Pandoshi offers PandoshiSwap, a decentralized exchange charging small fees used to buy back and burn PAMBO tokens.

Furthermore, to enable everyday spending, Pandoshi provides Cardoshi, crypto debit cards without KYC requirements for anonymity. Pandoshi also launched its non-custodial Pandoshi Wallet on Android, with an iOS application coming soon to store tokens and cryptocurrencies securely.

Deflationary Tokenomics to Reward Long-Term Holders

PAMBO utilizes deflationary tokenomics based on a buyback-and-burn mechanism to benefit long-term holders. A portion of fees from PandoshiSwap transactions is used to purchase PAMBO directly from markets, which gets permanently destroyed. Removing tokens from circulation makes PAMBO provably scarce over time.

The buyback and burn process will continue until 80% of the initial token supply ceases to exist. As demand rises on a constantly reducing supply, simple economics suggests PAMBO’s price should keep increasing. This makes holding the token potentially lucrative as adoption spreads.

Pandoshi’s team has confirmed PAMBO listings on prominent centralized crypto exchanges Binance and Coinbase as soon as the presale is over. PAMBO will also be available on Uniswap for decentralized trading avenues. Listings across major exchanges improve buying access and liquidity for investors.

Conclusion

With smart tokenomics and supporting products for real-world use already live, Pandoshi checks the right boxes as a promising new cryptocurrency project. The surge in demand demonstrated by its fast-selling presale indicates a positive market outlook for PAMBO’s growth potential as investors take positions prior to the launch. Investing early could prove profitable as adoption grows.

Click Here To Buy PAMBO Tokens

Explore the following links for detailed information on 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.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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