Riding the meteoric wave, Shiba Inu (SHIB) has everyone thinking it could reach the $1 benchmark in 2024. However, these price upswings are temporary, and soon prices may come down crashing. One careful look will show that the probability of SHIB reaching the $1 threshold is nearly zero. At its all-time high, on Oct 27, 2021, the SHIB coin was worth $0.00008616, and currently, it is trading at $0.000008841. Since the only thing that has changed is that its price has fallen by over 10x, the likelihood of SHIB reaching $1 is even slimmer this time.
On the flip side, a super-promising alternative has emerged. Pandoshi (PAMBO), which is currently trading at $0.008, seems to pack what it takes to reach the $1 benchmark by the end of 2024, if not earlier. This is largely thanks to its myriad of use cases and brilliantly orchestrated tokenomics.
Myriad of Pandoshi Products
Unlike SHIB, PAMBO is not wired to derive the majority of its value from speculation. Instead, a major portion of PAMBO’s value will be driven by its vast array of practical utilities in the Pandoshi ecosystem.
Pandoshi’s diverse platform includes a Layer-2 Network that operates using the Proof of Stake protocol, a more environmentally sustainable option than the conventional Proof of Work models. This choice reflects the project’s dedication to eco-friendly practices. Within its ecosystem, Pandoshi offers a range of components: a decentralized exchange, the recently launched secure non-custodial Pandoshi Wallet available on the Google Play Store, immersive gaming experiences within the Metaverse, various educational materials, and prepaid cards compatible with cryptocurrencies.
The emergence of these real-world use cases will dramatically skyrocket the price of PAMBO, which will help it reach the $1 target price. Furthermore, users will need to purchase PAMBO to interact with these products, preventing downswings.
Brilliantly Orchestrated Tokenomics
The second and equally important factor is PAMBO’s brilliantly orchestrated tokenomics. Firstly, PAMBO comes with a maximum supply of 2 billion tokens. When 80% of coins are going to get burned, the demand will likely surpass the non-growing supply, hence, the token’s price will surge.
The second and far more significant aspect of PAMBO’s price-accelerating tokenomics is the burning mechanism. This mechanism increases PAMBO’s price by burning a small portion of the transaction fee. As PAMBO’s transaction volume surges, the coin’s prince will experience a similar surge thanks to its burning mechanism.
By all measures, SHIB’s tokenomics are completely unmatched by PAMBO’s smartly crafted tokenomics. This makes PAMBO’s chances of achieving the $1 benchmark far higher than the SHIB token.
Capitalizing on Closing Presale Window Under $0.01
While many investors are still expecting SHIB to reach the $1 mark by the end of 2024, the sharp ones are capitalizing on PAMBO’s presale. As mentioned earlier, in terms of real-world use cases and tokenomics PAMBO is leaving SHIB in dust, which makes it far better poised to achieve the $1 milestone.
The coin is currently in its 4th phase of the presale, trading at $0.008. You should capitalize on this opportunity as soon as possible because it won’t keep trading at this price much longer. In the fifth and final phase 5 of the presale, PAMBO’s price will increase to $0.01.
Conclusion
PAMBO is far better poised than SHIB to hit the $1 mark in 2024. If that happens—which is a high probability—Pamboshi will likely be the highest-performing project of 2024.
Click Here To Buy PAMBO Tokens
Visit the links below for more information about Pandoshi (PAMBO):
Website: https://pandoshi.com/ Whitepaper: https://docs.pandoshi.com/
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2024/01/will-shiba-inu-shib-reach-1-in-2024-this-0008-alternative-will