Polygon (MATIC) faces new competition from Pandoshi (PAMBO), a cryptocurrency that’s quickly gaining momentum and showing signs it could outshine its rival. With its innovative approach to decentralized finance (DeFi) and a presale that’s drawing attention across the crypto community, Pandoshi is emerging as a serious contender.
Pandoshi (PAMBO): The Polygon Killer?
Launching new cryptocurrencies is commonly seen as a lucrative opportunity, with statistics showing that over 94% of these tokens, when released through launchpads, have the potential to generate gains exceeding 300% on their first trading day. Impressively, about 40% of these can see extraordinary surges, soaring by more than 3000% upon launch.
The allure of new cryptocurrencies lies in their potential for considerable short-term gains. This potential stems from their untapped growth prospects, the high volatility due to their initial low liquidity, and the possibility of sharp increases in value shortly after launch, sometimes within just a few hours. As the market sees an influx of new cryptocurrencies, pinpointing a project with substantial value demands diligent research. After an in-depth evaluation of numerous contenders, Pandoshi emerges as a project that notably stands out and merits attention.
The foundation of Pandoshi is a Layer-2 Network utilizing the Proof of Stake protocol, offering an eco-friendlier alternative to the traditional Proof of Work models. This ecosystem includes a decentralized exchange, the innovative non-custodial Pandoshi Wallet, engaging Metaverse gaming, educational resources, and crypto-friendly prepaid cards, all centralized around the PAMBO token, which originated on the Ethereum blockchain.
In a strategic move, the team announced plans to launch the Pandachain testnet during this final presale phase, showcasing their expertise and commitment to the project’s longevity.
PAMBO is crafted as a deflationary token, employing a buy-and-burn tactic to escalate its scarcity by acquiring tokens at market prices and subsequently eliminating them from circulation.
Notably, Pandoshi features like its decentralized exchange add value by imposing transaction fees, which are then utilized to buy back and retire PAMBO tokens from the market. This not only augments the token’s rarity but also prevents these tokens from re-entering the market, enhancing their potential value.
A significant breakthrough for Pandoshi was the beta release of the Pandoshi Wallet on the Google Play Store, with an impending iOS release. Achieved amidst the presale phase, this launch significantly elevated investor trust by demonstrating the project’s prompt delivery capabilities.
This key achievement during a pivotal moment showcases the team’s dedication to fulfilling critical milestones, reinforcing confidence in Pandoshi’s future. The wallet’s compatibility with EVM and non-EVM chains underscores Pandoshi’s ambition and readiness to lead in the swiftly evolving crypto domain.
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/
