Newly Launched Cryptocurrency Priced at $0.01 Rivals Polygon (MATIC) and Cardano (ADA) for Top DeFi Spot
A new cryptocurrency called Pandoshi (PAMBO) launched in December last year, has quickly gained traction, rivaling top market players in DeFi. Despite its newness, Pandoshi shows immense potential to outshine top DeFi players like Polygon (MATIC) and Cardano (ADA) in 2024 and beyond.
Introducing Pandoshi
Inspired by the legendary Satoshi Nakamoto, Pandoshi stands as a manifesto championing decentralization, privacy, and monetary freedom. Its vision is to build an ecosystem of decentralized products like a decentralized exchange, non-custodial wallet, and the PandaChain blockchain.
Notably, Pandoshi has already launched the Pandoshi Wallet for Android, with an iOS version on the way. The wallet provides secure and private crypto storage for users.
Pandoshi also utilizes a deflationary token model. Its native token PAMBO has a buy and burn mechanism that will keep reducing the circulating supply until 80% of the total supply is burned. This approach increases PAMBO’s value over time.
Unlike transitory meme currencies, Pandoshi is a homage to decentralized money and the freedoms it provides. Its constant drive for innovation and delivering on its plan has already resulted in a functional wallet, with many more releases on the way.
PAMBO is preparing for tremendous development with upcoming listings on key CEXs like Binance and Coinbase, as well as a Uniswap DEX listing.
How Pandoshi Compares to Polygon
Polygon (MATIC) is currently the 15th largest cryptocurrency, with a market cap hovering around $10 billion. It has gained popularity thanks to its Layer 2 scaling solution, which enables fast and low-cost transactions on Ethereum.
However, Polygon is still heavily reliant on the Ethereum network, unlike Pandoshi’s upcoming PandaChain. Pandoshi also offers additional features like an integrated DEX, wallet, and crypto cards that provide real-world spending utility.
Notably, while Polygon struggled under $1 for years before its breakout, Pandoshi is starting at only $0.01 per token. This provides immense upside potential for early adopters.
Pandoshi vs Cardano
Currently ranked eighth, Cardano (ADA) is a reputable smart contract platform used by over 1 million users. However, it has faced escalating criticism over its slow development and overpromising.
In comparison, Pandoshi has already delivered practical products like its wallet and has a clear roadmap for launching PandaChain, its DEX, and crypto cards in 2024. Pandoshi is also extremely affordable at $0.01 versus ADA’s $0.50+ price tag.
The Path Forward
In the fast-moving crypto industry, newcomers like Pandoshi hold the advantage of learning from earlier platforms and launching with better features. With its sharp focus on usability, privacy, and affordability, Pandoshi is already giving established names like Polygon and Cardano a run for their money.
The presale is now in its final phase, with just 57% of the 5th stage token supply remaining. Once listed on exchanges, the token price will likely appreciate far beyond the current $0.01 presale rate. For investors and crypto enthusiasts, Pandoshi merits serious consideration given its ambitious vision and tremendous growth potential.
Click Here To Buy PAMBO Tokens
Explore the following links for detailed information on Pandoshi (PAMBO):
Website: https://pandoshi.com/
Whitepaper: https://docs.pandoshi.com/
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