Dogecoin has been attracting attention for a while since its performance peaked in 2021. However, DOGE has struggled over the past few weeks; making investors look for alternatives. Many cryptocurrencies are coming up and Pandoshi (PAMBO) is at the forefront.
Dogecoin capitalized on hype, capturing investors’ attention and growing with it. However, once the hype subsided, the investors started realizing its lack of substantial value. The meme coin thrived on celebrity endorsements but has ended up leaving most holders disappointed.
The conversation is fast shifting toward newer cryptocurrencies built on solid concepts and backed with significant utilities. Pandoshi (PAMBO) is one of these coins. PAMBO is designed to impact the crypto world and the real world, transcending mere hype.
Well, why are analysts predicting that Pandoshi (PAMBO) will rise to the top 10 cryptocurrencies and surpass DOGE:
PAMBO Presale Sells Out Fast
PAMBO has created a buzz in the past few weeks catching the attention of small and institutional investors. The attention has resulted in the remarkable performance of PAMBO upon launch. Pandoshi (PAMBO) has had the fastest presale and is headed to completing phase 5 at $0.01. So far, PAMBO can be described as a Dogecoin alternative with greater potential to surpass DOGE.
A closer look into Pandoshi showcases a crypto built around a robust ecosystem. Pandoshi has several unique and innovative features including a Layer 2 blockchain with the highest transaction speed, high scalability, and the least transaction fees. It offers absolute decentralization with a decentralized exchange and a multi-chain non-custodial Pandoshi Wallet that enables staking. Moreover, Pandoshi focuses on placing the community at the core of the ecosystem, giving users a sense of control.
From the onset of the presale, PAMBO raised over $2.5 million within the first weeks of its launch. Currently, Pandoshi is in its fifth day of phase 4 of the presale; and has raised over $1.8 million within those five days. Only about 20% of the tokens allocated to phase 4 are left; signaling an earlier-than-expected entry into the final stage of the presale. PAMBO price will have increased from $0.008 to $0.01. Looking at this trend, PAMBO is showing all the signals of reaching the top 10 crypto ranks.
PAMBO Tokenomics Structured Price Growth
PAMBO, Pandoshi’s native token, is deflationary; employing a buyback and burn mechanism that will limit the total supply of PAMBO in circulation creating demand. PAMBO tokens are a total of 2 billion, 50% of which is allocated to the presale. The other 50% is meant to provide liquidity for the platform DEX and other CEXs like Coinbase. The buyback and burn system will continue until 80% of the PAMBO tokens have been removed from circulation. Scarcity breeds demand, which drives price.
Crypto market analysts who are closely monitoring Pandoshi's (PAMBO) performance predict that PAMBO will surpass DOGE by the end of the presale. Now may be the perfect time for investors who are looking for the best cryptocurrency to purchase in 2024 for potential massive growth.
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 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.
