While the crypto markets are constantly expanding, investors are always on the lookout for promising new cryptos. Recently, a significant trend has emerged: Shiba Inu investors are turning their focus towards an emerging altcoin, Pandoshi (PAMBO).
Shiba Inu, originally popular as a meme token and boosted by the support of high-profile figures, has grown into a serious cryptocurrency. But as the market grows and diversifies, investors are exploring options with strong potential and innovative visions. This is where Pandoshi (PAMBO) comes into play.
Shiba Inu (SHIB)
Originating from a similar dog-themed background as Dogecoin (the meme token promoted by Elon Musk), Shiba Inu has carved out its own distinct place in the world of cryptocurrency. Its path is charted by an amusingly named “woof paper,” a clever variation on the traditional white paper that details a crypto project’s plans and goals.
Shibarium, the layer two blockchain network of Shiba Inu (SHIB), has reached a significant achievement by logging 90,064,184 total transactions. This development in the Shiba Inu (SHIB) ecosystem comes amid a substantial surge in Shibarium’s popularity, with the network handling 7.5 million transactions daily since December 2023 began. The impact this will have on Shiba Inu (SHIB) is yet to be fully determined.
Throughout November, Shiba Inu (SHIB) experienced a mild decline. The cryptocurrency struggled to break past the $0.000008 resistance level, leaving investors to wonder about its potential to hit $1. However, the last week saw a noticeable increase. Currently, Shiba Inu (SHIB) is priced at $0.00009, marking a 16% rise over the past ten days.
Market experts remain cautious amidst the optimistic news about Shiba Inu (SHIB). Despite its smart contract capabilities, the enormous total supply of 589 trillion SHIB coins is viewed by many as overwhelming. Expectations for a bullish trend are focusing on the $0.000010 target by the end of the year.
Pandoshi (PAMBO) – Most Promising Altcoin to Watch
Launched in November 2023, the Pandoshi (PAMBO) represents a tempting opportunity for investors looking for high returns. At first glance, it appears to be just another meme coin, but a closer look reveals that it is a utility token with smart tokenomics. Pandoshi is in fact an entire ecosystem full of elements aimed at promoting price growth and adopting the deflationary principles of the original PAMBO coin.
Within the Pandoshi ecosystem, you can expect a variety of features, including a layer 2 network that works with a proof-of-stake protocol, a greener alternative to traditional proof-of-work models that is in line with environmental sustainability. This ecosystem also offers a decentralized exchange, a self-managed wallet solution, metaverse experiences, educational initiatives and cryptocurrency-compatible prepaid cards, all powered by the community.
At the center of this ecosystem is the native coin PAMBO, which was originally launched on the Ethereum blockchain. PAMBO’s deflationary design revolves around a strategic buy-back-and-burn approach. This method involves regular token purchases at market prices, effectively reducing the token supply and thus increasing its rarity.
Pandoshi is currently in the third phase of the ICO (Initial Coin Offering) and is offering each token at a price of $0.06. The ICO runs in five different phases, each characterized by a gradual increase in the selling price.
Given the rapid pace of the pre-sale, it is expected to move to the fourth phase in the next few days. In the 4th phase, the price per PAMBO token will rise to $0.08. Don’t miss out on this opportunity, as the price will continue to rise the longer you wait.
In addition, Pandoshi has exciting plans in store for its early supporters, including the distribution of NFTs. As a token of appreciation, the project is offering ten lucky participants the once-in-a-lifetime opportunity to receive a share of $100,000, with each lucky winner receiving $10,000. Earning these rewards is a breeze and requires simple actions such as joining the project’s official social channels on Twitter, Telegram and Discord. For full details and instructions on how to enter, we recommend you visit Pandoshi’s official website.