Pandoshi appears to be 2024’s equivalent of the enthusiasm experienced by Dogecoin and Shiba Inu investors in 2021.
Memes like Dogecoin and Shiba Inu swept the cryptocurrency industry in 2021. Thanks to Elon Musk’s endorsements, Dogecoin saw enormous excitement, capturing the attention of regular investors and generating over 3,300% in gains in a matter of hours. Not to be outdone, the value of the competing meme coin Shiba Inu surged to an incredible 40 million percent from its initial release earlier in the year.
These success stories involving Dogecoin and Shiba Inus have demonstrated the potency of community passion combined with speculative cryptocurrency investing. The investors that made a fortune in 2024 by purchasing Dogecoin and Shiba Inus early are trying to repeat their achievements. They think they have discovered the next 100X potential in Pandoshi, a brand-new meme coin project that shares an incentive structure with Shiba Inu and dates back to Dogecoin.
Pandoshi, which is valued at just $0.01 per token during its last presale phase, is positioned to be 2024’s equivalent of 2021’s Dogecoin and Shiba Inu investor frenzy. It welcomes the viral meme coin appeal and gives early adopters steep discounts. However, Pandoshi sets itself apart from both Dogecoin and Shiba Inu by offering a comprehensive decentralized finance ecosystem in addition to its token.
Here are a few distinctive qualities of Pandoshi:
Tokenomics with Deflation
The native PAMBO token is deflationary, which means that coin burning will gradually lower the supply. Dogecoin, on the other hand, constantly creates fresh tokens. Assets that are susceptible to deflation may see a rise in value when the supply contracts.
Robust Foundations
Apart from its meme appeal, Pandoshi wants to make items that people can use. Its impending PandaChain will facilitate future ecosystem expansion and assist in lowering transaction costs. A secure means to store PAMBO tokens is offered by the Pandoshi Wallet, which is now available on Google Play for Android users and is being developed for iOS as well.
Publishing on Large Exchanges
After the presale, Pandoshi intends to offer PAMBO on significant centralized exchanges like Coinbase and Binance. Increased trade volume and awareness may result from this degree of acceptance.
Acquire and Burn the Model
A part of ecosystem product sales proceeds will be used to burn and purchase back PAMBO tokens. This dynamic will expedite the process of eliminating 80% of the token supply.
Growing Interest in the Last Stage of Presale
Right now, Pandoshi is in “Phase 5” of its presale, which is the last phase before PAMBO is officially released. Over $4 million has been raised through the presale thus far, indicating high investor demand.
There are obvious similarities between Pandoshi and the original Dogecoin or Shiba Inu. All three rewarded early adopters and capitalized on the intensity of viral memes. Pandoshi wants to develop into a project with significant utility, not just a meme coin.
Pandoshi is an interesting project that has the potential to become a key component of the DeFi package.
goods, but with the meme currency’s appeal to the general public. In contrast to Dogecoin, the deflationary tokenomics offer a tangible value accrual paradigm. Additionally, leveraging the knowledge gained from past meme currency launches will maximize adoption and distribution.
In summary
As the cryptocurrency market develops, initiatives that value community and practical applications become more noticeable. Pandoshi wants to create core DeFi infrastructure while combining the best features of popular meme coins at the grassroots level. PAMBO has opportunities for value accumulation and tangible scarcity according to its deflationary approach. Investors who missed out on the explosive gains of Dogecoin and Shiba Inu now view Pandoshi as a second opportunity to get in early, as the final presale process gets started.