2024 is expected to be a year of significant returns for cryptocurrency investors. However, not all crypto tokens and coins will perform similarly. Some will show minimal increases, while others will explode. For instance, experts advise investors to consider buying the newly launched Pandoshi token (PAMBO) over the more established Cardano (ADA). And there are several key reasons why Pandoshi may be a better investment bet right now.
What is Pandoshi (PAMBO)?
Pandoshi is an ambitious new cryptocurrency project that aims to build a holistic decentralized finance ecosystem. The native token of Pandoshi is called PAMBO. Some of the key features of PAMBO include:
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It has a maximum supply of 2 billion tokens, with 1 billion going towards an ongoing public presale.
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20% of the tokens will provide liquidity on decentralized exchanges, while another 10% is allocated for centralized exchanges like Binance and Coinbase.
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PAMBO uses a buy-and-burn mechanism, which makes it deflationary over time. The burning will only stop once 80% of the total supply is out of circulation.
The Pandoshi roadmap outlines plans to launch its own blockchain called Pandachain, a decentralized exchange called PandoshiSwap, crypto debit cards, metaverse integrations, P2E gaming, and more. The goal is to create an exhaustive DeFi ecosystem centered around the PAMBO token.
Why choose Pandoshi Over Cardano?
Cardano (ADA) has been one of the most popular cryptocurrencies over the last couple of years. However, experts argue that new projects like Pandoshi show more future upside potential.
For starters, as a newly launched project, PAMBO is still extremely affordable to buy. ADA, on the other hand, has already seen significant price appreciation. PAMBO is currently priced at just $0.01 during its presale, while ADA trades over $0.49. This means PAMBO could see much higher percentage gains if it succeeds long-term.
Beyond pricing, Pandoshi aims to create a whole decentralized ecosystem that doesn't yet exist. The Cardano blockchain on the other hand, mostly focuses on serving as a smart contract platform rather than a comprehensive DeFi ecosystem spanning gaming and real-world utilities like debit cards. Pandoshi outlines a much wider scope of innovations on its roadmap.
Finally, as a community-owned and governed initiative, Pandoshi aims to distribute decision-making power across all holders. Cardano development is still mostly centralized under the Input Output Global Corporation. This gives Pandoshi the edge when it comes to democratized governance.
The Case for Cardano
While Pandoshi shows exciting potential, it would be unwise to fully discount established projects like Cardano either. ADA has proven real-world utility today, serving millions of users and billions in transaction value.
The Cardano blockchain also has significant architectural innovations like proof-of-stake consensus that allow it to operate sustainably with minimal energy usage.
Additionally, new innovations coming to Cardano, like Vasil and Basho, aim to significantly boost scalability and interoperability with other blockchains.
The Verdict
While Cardano leads today, Pandoshi is set to overtake it in the long run. A more DeFi-focused environment, deflationary tokenomics, community ownership, and massive upside potential in price make PAMBO shinier than ADA as an investment choice.
Click Here To Take Part In Pandoshi Presale
Visit the links below for more information about Pandoshi (PAMBO):
Website: https://pandoshi.com/ Whitepaper: https://docs.pandoshi.com/
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
