In the dynamic and volatile crypto market, where thousands of new cryptocurrencies seek attention, finding undervalued crypto gems can be quite challenging. However, crypto assets like Pandoshi, despite being new, have commanded notable attention.
As the crypto world continues to fluctuate, Dogecoin (DOGE) has continuously experienced a struggle with constant price fluctuations. It’s nearly impossible to have a clear prediction of whether DOGE will give investors substantial returns. However, with rising stars like Padoshi, investors can see a clear growth potential. This has caused Dogecoin (DOGE) holders to shift their focus to investing in Padoshi (PAMBO); evidenced by the rapid sell-out of Padoshi’s phase 4 presale.
The DOGE Possible Decline
Over the past 10 days, DOGE experienced notable price increases but with several prices in decline within 24-hour periods. As is expected of meme coins, the price increase was driven by the hype around a payment feature to be added to Elon Musk’s social app ‘X’. The payment feature is expected to use Dogecoin as the primary payment currency for international payments.
However, the hype was short-lived. At the time of press writing, Dogecoin (DOGE) had reduced by over 4%, signaling that the excitement may have died down fast. Moreover, this decline in Dogecoin price is associated with massive liquidations from an institutional holder. This has raised concerns among investors who are seemingly looking for better investment options; Padoshi.
PAMBO Tokens Phase 4 Sells out
The PAMBO tokens phase 4 presale was completed ahead of schedule, having raised over $2.4 million in funds in just 7 days. Currently, the presale is a few hours from phase 5 presale and investors have already bought over $180,000 worth of PAMBO tokens.
The presale was launched in late November 2023 at $0.002. It progressed fast, reaching phase by January 2024 at $0.008 per token. The final phase of the token presale, selling at $0.01, may end ahead of schedule raising an additional $3 million in funds. The progress is remarkable, signaling the huge number of investors moving their investments to Pandoshi.
Well, what makes Pandoshi (PAMBO) so attractive?
Pandoshi (PAMBO) Overview
At first sight, Pandoshi might be easily dismissed as just another entrant in the crowded meme coin space. However, it is actually a significant and fully self-sustaining decentralized platform, anchored in the tenets of decentralization, financial privacy protection, and enabling its community to have a meaningful impact on its direction.
The technological foundation of Pandoshi is built upon a Layer-2 network that adopts the Proof of Stake protocol, a more eco-conscious choice compared to the traditional Proof of Work methodologies. Its ecosystem is comprehensive, featuring a decentralized exchange (DEX), a user-controlled secure wallet, immersive Metaverse gaming, educational platforms such as Pandoshi University, and crypto-compatible prepaid cards, all functioning smoothly without the need for Know Your Customer (KYC) validations.
The focal point of the Pandoshi ecosystem is the PAMBO token, first introduced on the Ethereum blockchain. PAMBO has been thoughtfully crafted as a deflationary currency, with planned measures to incrementally diminish its supply and enhance its value over time. This strategy includes a buy-and-burn tactic, where tokens are acquired at their current market value and then conclusively removed from circulation.
The valuation of PAMBO is further bolstered by its incorporation into the project’s decentralized exchange, which applies fees to transactions. These collected fees are then utilized to repurchase and permanently decommission PAMBO tokens, thus decreasing the total supply and potentially elevating the token’s market value.
Currently, the Pandoshi presale is methodically advancing through five designated stages, with the token’s price set at $0.008 in the ongoing fourth phase. As it transitions to the conclusive fifth phase, the token’s price is anticipated to ascend to $0.01, representing a landmark achievement for Pandoshi and its stakeholder community.
A recent significant development for Pandoshi was the unveiling of the beta version of its Pandoshi Wallet on the Google Play Store, an update shared with enthusiasm on their Twitter platform. This initiative, aligned with the presale period, signifies considerable growth, especially in its support for Ethereum Virtual Machine (EVM)-compatible chains and the planned inclusion of non-EVM chains. To extend its accessibility, plans for an iOS version of the wallet are also in motion, aiming to engage a wider audience.
The introduction of the Pandoshi Wallet on the Google Play Store has played a crucial role in enhancing Pandoshi’s reputation in the marketplace, effectively mitigating investor reservations and solidifying confidence in the project’s dedication to the decentralized finance (DeFi) domain.
This calculated move highlights Pandoshi’s commitment to open-source innovation and a governance structure propelled by the community, prized aspects among investors who prioritize privacy and decentralization. The wallet’s availability has ignited significant interest among investors, with a considerable number swiftly participating in the presale to capitalize on this promising venture.