Since the first cryptocurrency launched just over a decade ago, the crypto industry has evolved rapidly. One of the first developments was meme coins, with Shiba Inu (SHIB) and Dogecoin (DOGE) emerging as the most popular. However, those two meme coins have reached their peaks.
Pandoshi (PAMBO) Is a Great New Alternative
SHIB and DOGE investors are turning to Pandoshi (PAMBO), and for good reason. The Pandoshi (PAMBO) project was built as a layer two network that uses the proof of stake (PoS) algorithm. PoS is a more eco-friendly and faster mechanism than the proof of work algorithm (PoW). Consequently, users can complete more transactions at a lower cost.
Pandoshi (PAMBO) comes with a DEX, a secure, non-custodial crypto wallet, and a unique gaming metaverse. It also features entertaining education programs and prepaid cards that work with crypto, eliminating the need for intrusive KYC processes.
The PAMBO Token
At the core of the Pandoshi (PAMBO) network is the PAMBO native token. The token has an inbuilt deflationary mechanism via buy and burn. The result is that the PAMBO token supply will reduce over time, raising its scarcity and, thus, its price. In just a few weeks, its value could grow 100X.
There are 2 billion PAMBO tokens in existence, with a billion of them set to be released via the presale. The other half of the tokens will be allocated strategically.20% of the tokens will be used for liquidity in DEXs such as Uniswap, 10% of the tokens will go to centralized exchanges like Binance and Coinbase, and 230% of the tokens will be for promotional and marketing purposes. The marketing efforts will include giveaways and a Bonus Leaderboard.
The first phase of the public presale for PAMBO tokens was a huge success, gaining over $2 in just a few weeks of launch. That is a huge achievement and signals strong support for PAMBO from the crypto community.
The presale is currently in phase 4, with $680,822 already raised, with a target of 2.4 million. Thus far, 28% of the tokens in the phase 4 presale have been sold at the price of $0.008 per PAMBO token. Potential buyers can pay for PAMBO tokens in ETH, USDC, or USDT.
Pandoshi has achieved a significant breakthrough with the launch of the beta version of its Pandoshi Wallet on the Google Play Store, a development proudly announced on their Twitter. This important step, taken amidst the presale phase, marks considerable progress in the project, especially with its support for Ethereum Virtual Machine (EVM)-compatible chains and plans to extend to non-EVM chains. Additionally, they are preparing to introduce an iOS version of the wallet, aiming to expand its user base.
The introduction of the Pandoshi Wallet on the Google Play Store has played a vital role in enhancing the project’s market presence, reducing doubts, and boosting investor confidence in Pandoshi’s dedication to the decentralized finance (DeFi) sector. This move highlights Pandoshi’s commitment to open-source development and governance driven by its community, attracting investors keen on privacy and decentralization. The wallet’s launch has led to a notable increase in investor interest, with many quickly participating in the presale to seize the opportunity offered by this innovative project.