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Breaking News: DeFi Education Fund Urges Senators To Reject Proposed Amendments In Crypto Bill Markup

Shiba Inu (SHIB) Will Lose Its Place to Pandoshi (PAMBO)

Bitcoinist
by Bitcoinist
Last Updated: January 22, 2024 9:00 pm
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Shiba Inu (SHIB) has long held sway as a prominent meme coin, but an emerging rival threatens its position. Pandoshi (PAMBO) brings a fresh decentralized finance (DeFi) perspective that could dethrone SHIB in 2024.

The Waning Strength of Shiba Inu

As a pioneer meme coin, SHIB witnessed meteoric growth in 2021, reaching a market cap peak of $41 billion. However, inability to sustain momentum has eroded its value by over 80%.

SHIB’s decline indicates market saturation for established names like DOGE and SHIB. Without significant upgrades, SHIB risks losing relevance. Its community model and social media hype alone seem inadequate to revive interest and adoption.

Pandoshi’s Innovative Vision

Unlike SHIB, Pandoshi goes beyond just another crypto coin status to constitute a self-contained DeFi ecosystem. Its Layer 2 network allows fast, affordable transactions via innovative Proof of Stake validation.

Pandoshi offers users accessibility to decentralized applications covering non-custodial Pandoshi Wallet, swapping platforms, Metaverse gaming, educational initiatives, and crypto debit cards.

Central to this ecosystem is the PAMBO utility token, engineered as a deflationary asset. Its buy-and-burn mechanism permanently destroys tokens to benefit holders through increasing scarcity.

Pandoshi’s Innovative Phased Presale

Pandoshi has structured its presale across 5 phases, allowing early participants to accumulate PAMBO tokens at discounted rates and ride the growth wave. The presale enables the community to fund Pandoshi’s ambitious roadmap while kickstarting active utility for PAMBO within the ecosystem.

Currently in Phase 4, Pandoshi has already raised over $2 million by selling tokens progressively from an initial price of $0.002 in Phase 1 to the Phase 4 rate of $0.008 per PAMBO. Predictions estimate PAMBO’s price will touch $0.01 by the final phase based on the presale’s achievements in a short span. This milestone would promise early backers over 400% returns on investment compared to those entering at the final phase.

The presale’s success has fueled optimism regarding PAMBO’s growth trajectory as a deflationary token, especially when the buy-and-burn mechanism activates after the presale concludes. By structuring gradual price hikes across phases, Pandoshi incentivizes early participation while equitably enabling later backers to join its journey towards revolutionizing decentralized finance.

Outlook for 2024

Given its declining value, stagnant architecture, and market saturation, SHIB seems unlikely to reclaim its past dominance in 2024. Meanwhile, Pandoshi remains unfettered by legacy limitations.

With innovation as a guiding light, Pandoshi seems poised to capture investor and market interest through the next year. By integrating cutting-edge features and prioritizing user ownership, Pandoshi may well supersede SHIB among the top coins within a year.

Pandoshi has recently achieved a significant milestone by releasing the beta version of its Pandoshi Wallet on the Google Play Store, a notable event that was eagerly announced via their Twitter account. This launch, aligning with the ongoing presale phase of the project, represents a crucial step forward, notably in its support for Ethereum Virtual Machine (EVM)-compatible chains, with imminent plans to incorporate support for non-EVM chains.

Additionally, plans are underway to extend this offering to the iOS platform, aiming to expand access to a broader user base.

The release of the Pandoshi Wallet on the Google Play Store has played a critical role in alleviating concerns and boosting investor confidence in Pandoshi’s dedication to the decentralized finance (DeFi) space. This strategic decision reflects Pandoshi’s commitment to open-source development and community-driven governance, attributes that are particularly attractive to investors who value privacy and decentralization. The introduction of the wallet has sparked a surge in investor interest, encouraging many to participate in the presale before it concludes.

Conclusion

Pandoshi remains an adaptable and community-powered newcomer as pioneering meme coins confront saturation. With eyes set firmly on driving future DeFi progress, Pandoshi appears geared to displace names like SHIB in 2024. For investors, PAMBO presents the opportunity to participate early in this reshaping of the crypto space.

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.

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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