Many are attracted to blockchain after seeing cryptocurrencies like Shiba Inu (SHIB) and Pepe (PEPE) skyrocket, making early investors millionaires. The key question is how to identify a cryptocurrency before it surges in value. Finding the ideal asset requires effort, expertise, and experience.
There’s a simpler method for discovering high-potential cryptocurrencies, often new ones with low market capitalizations, capable of dramatic price increases with minimal investment volume.
However, it’s not sufficient to just pick any new cryptocurrency. It’s crucial to research the project’s purpose, utility in the blockchain sector, and how the cryptocurrency may benefit from the project’s success, including its inflationary or deflationary nature. All these factors should be compared with other market projects before making an informed investment decision.
This article, after evaluating numerous projects, will highlight the best cryptocurrencies with solid ecosystems and structures designed for growth and high potential.
A new cryptocurrency is considered ideal from all angles for substantial short-term gains. It has untapped growth potential, low liquidity leading to high volatility, and a potential for a sharp rise in value in the first days or even hours. After days dedicated to analyzing various new projects, we present Pandoshi, a project that certainly stands out from the crowd.
Pandoshi, which might mistakenly seem like a meme coin at first glance, is not one at all. It’s actually a fully autonomous, decentralized ecosystem. The whitepaper demonstrates a high level of professionalism and technical expertise. The project ideologically supports decentralization, financial privacy, and community empowerment over the project itself.
Pandoshi’s ecosystem includes a Layer-2 network (using Proof of Stake, which is a more environmentally friendly solution than Proof of Work), a decentralized exchange, a non-custodial wallet (a safer option for users), metaverse games, learning programs, and reloadable prepaid cryptocurrency cards. The entire ecosystem will be powered by the native crypto PAMBO, initially launched on the Ethereum blockchain.
PAMBO is deflationary and has a buy-and-burn system that purchases native crypto at market price and removes it from circulation, making it rarer. PAMBO benefits from each product of the project, for example, the exchange has a commission on the exchange of cryptocurrencies within it, this commission is used to buy PAMBO at the market price (thus contributing to the growth of the asset) and then removes it from circulation, making the currency rarer and removing the possibility of selling those removed PAMBO (thus removing downward pressure).
Being an absolutely deflationary crypto, it is not possible to stake it, and this is certainly an advantage, as inflationary assets tend to perform poorly. However, the project includes another crypto, governance token BAMBOO. This is used by the community to vote on decisions regarding the future of the project. BAMBOO can be obtained by staking the main crypto, PAMBO. This creates a collateral staking effect, where the main asset does not undergo inflation but rewards its holders with another crypto.
The Pandoshi project has even stated that it is ahead of initial forecasts with the development of one of the important products of the ecosystem, the non-custodial Pandoshi wallet, and that soon the beta version will be published that includes all EVM networks. It can be used as a browser extension or as an application on smartphones, both IOS and Android.
Moreover, Pandoshi will distribute the project’s NFTs for free to initial supporters and gives the chance to win $100,000 to 10 lucky lottery participants ($10,000 each), it involves performing simple actions like joining the project’s official channels, Twitter, Telegram, Discord.
Currently, Pandoshi is in the ICO (initial coin offering) phase, during which the project’s crypto is sold at a lower price compared to the launch price on the market. The ICO is divided into 5 phases, with the price increasing with each phase, structured as follows:
- Phase 1: $0.002 per token
- Phase 2: $0.004 per token
- Phase 3: $0.006 per token
- Phase 4: $0.008 per token
- Final Phase: $0.01 per token
At the end of the ICO, the project’s crypto will be launched on the market initially on well-known decentralized exchanges like Uniswap, and later on centralized exchanges like Binance and Coinbase. This could bring considerable upward pressure for early phase buyers.
All the products of the project’s ecosystem and the well-structured crypto economy make this project the best choice for an investor. The cryptocurrency of Pandoshi, PAMBO, can be purchased on the project’s official website, where you will also find instructions on how to buy it.
Shiba Inu (SHIB)
Next, we have Shiba Inu Coin, which has been on the market for years. As a widely distributed asset, it’s certainly less volatile and, consequently, less profitable. Shiba Inu is a cryptocurrency named after and based on the Japanese dog breed. Since its introduction into the crypto world, the coin has grown at a surprising rate, drawing attention from investors and enthusiasts. At the end of October 2021, the price of Shiba Inu cryptocurrency increased by over 173% in a week, only to crash almost as quickly. It’s important to understand that cryptocurrency, especially meme-based ones, is a highly volatile investment.
However, much of Shiba Inu’s popularity is based on hype. According to Nasdaq, the fear of missing out is emotionally burdensome for investors. Seeing others profit from Shib might tempt one to invest as well. If one wishes to buy some coins for fun, they may proceed, but heavy investment in Shib is not advisable as it might be worth little or nothing in the future.
It’s crucial to note that Shiba Inu does not possess intrinsic value. It might seem valuable considering its market capitalization, but its worth is solely based on entertainment. With this in mind, it wouldn’t be wise to invest a substantial amount of money in Shib. Shiba Inu cryptocurrency might facilitate a quick gain, but it’s not a reliable long-term investment.
The fear of missing out on Shib’s price increase makes investing in it tempting. While Shiba Inu has made some people very wealthy, it could also lead to significant losses, depending on the community’s direction and market sentiment in the future.
Pepecoin, also known as PEPE, is a cryptocurrency that gained popularity in 2023, increasing by 2,100% since it began trading in mid-April. This surge was primarily driven by its association with the Pepe the Frog meme and the general interest in so-called “meme coins.” However, there are several aspects to consider before investing in Pepecoin.
Firstly, investing in cryptocurrencies like Pepecoin can be extremely volatile. The history of Dogecoin serves as a warning: after rising 8,100% in the first five months of 2021, its value plummeted almost as rapidly, causing significant losses to investors. Pepecoin could follow a similar path, given that it has not demonstrated any real utility or use case, making it a highly speculative investment.
Another point to consider is that the value of Pepecoin is primarily driven by social media attention and speculation, rather than concrete applications or a sustainable development network. This makes it particularly susceptible to rapid price changes and potentially a decline in value over time.
In conclusion, while Pepecoin might seem like an attractive opportunity for quick gains, investors should exercise caution and consider the significant risks associated with such a speculative investment. Diversifying into a portfolio of cryptocurrencies with proven utility and a track record of success may be a more prudent strategy for long-term success in the world of cryptocurrencies.
In conclusion, the cryptocurrency landscape presents a diverse array of exciting opportunities, ranging from new and promising emerging cryptocurrencies like Pandoshi (PAMBO) to more established ones such as Shiba Inu (SHIB) and Pepe (PEPE). Projects like Pandoshi stand out due to their innovative approach and the development of a decentralized ecosystem, offering growth potential through their deflationary nature and community engagement. Meanwhile, cryptocurrencies like Shiba Inu and Pepecon have proven their ability to capture public interest, although they experience significant price volatility.
Investing in cryptocurrencies necessitates careful evaluation and thorough analysis of various projects, taking into account their utility, technology, economic structure, and other crucial factors. A balanced and well-informed approach is essential to successfully navigate the dynamic and ever-changing cryptocurrency market.