The post Top Dogecoin (DOGE) Competitor Expected to Multiply Investments Tenfold in the First Quarter of 2024 appeared on BitcoinEthereumNews.com.

Pandoshi (PAMBO), a newly launched meme coin, has sparked significant investor interest in 2024, challenging Dogecoin’s (DOGE) dominance in the niche market. With an innovative product ecosystem to back up its ambition, Pandoshi appears to be on track to capture significant market share in the coming months. The developers behind Pandoshi aim to build a robust platform of decentralized finance (DeFi) offerings, including a layer 2 blockchain, decentralized exchange (DEX), non-custodial wallet, and crypto debit cards. The full-stack ecosystem sets Pandoshi apart from other meme coins like DOGE that lack real utility. PAMBO Token Presale Heading for Sellout Pandoshi is currently nearing the end of its presale campaign, with over 90% of the allotted PAMBO token supply already purchased. The team has set the final presale price of PAMBO at $0.01 per token, representing a 5x return for investors who participated in the first round. With the presale’s accelerated pace, PAMBO looks likely to sell out well before the scheduled end in Q1 2024. Once PAMBO lists on major exchanges, including Uniswap and later Binance and Coinbase, analysts expect its value to jump substantially higher. Decentralized Infrastructure to Rival Top Cryptos A unique advantage held by Pandoshi is its underlying blockchain infrastructure. PandaChain, its native layer 2 solution, allows PAMBO and other ecosystem assets to operate with minimal fees and lightning-fast transaction speeds. PandaChain incorporates cutting-edge privacy technologies like zero-knowledge proofs, combining the scalability and privacy that users desire. It also supports Ethereum’s most popular token standards, ensuring broad compatibility with existing DeFi apps and services. On top of PandaChain, Pandoshi plans to launch its own DEX for swapping crypto assets in a permissionless manner. The platform’s signature feature will involve using trading fees to buy back and burn PAMBO tokens, rendering the asset deflationary over time. Between its high-tech…

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Filed under: News - @ February 18, 2024 3:10 pm