Newly launched DeFi player, Pandoshi (PAMBO), has recently been generating substantial hype. Analysts who have studied the protocol say it has immense potential to reshape the industry. Most recently, they have pointed to Pandoshi’s upcoming listings on tier-1 exchanges Binance and Coinbase to spark a rally that could see PAMBO hit $5 in 2024.
What is Pandoshi?
Pandoshi brands itself as a manifesto championing decentralization, privacy, and monetary freedom. The project is community-driven, meaning the power lies with token holders.
The goal of Pandoshi is to create an ecosystem of interconnected decentralized products, including essential DeFi building blocks like its network, DEX, and wallet. It also plans to launch secondary innovations like a decentralized metaverse platform, a learning platform and more.
Key Features of Pandoshi
Pandoshi has been actively building out its ecosystem in preparation for a bigger launch. Here are some key products that Pandoshi offers:
Pandoshi Wallet
This non-custodial crypto wallet has already been launched on Android, with an iOS app on the way soon. Pandoshi Wallet supports the project’s native PAMBO token as well as other major cryptocurrencies.
PandaChain
PandaChain is a custom Proof-of-Stake layer-2 blockchain being built to support faster and cheaper transactions. The L2 network boosts PAMBO’s burn rate and supply scarcity.
PandoshiSwap
This decentralized exchange is scheduled to launch in Q2 2024. PandoshiSwap allows swapping PAMBO and other tokens, while its buy-and-burn mechanism makes PAMBO deflationary.
Crypto Cards
Pandoshi has also developed a crypto debit card called Cardoshi. These cards can be topped up with PAMBO and other cryptos and used for everyday spending without KYC.
PAMBO Tokenomics
PAMBO is the native utility token that will power Pandoshi’s ecosystem. Here are some key details about PAMBO:
- Max supply is 2 billion PAMBO
- 1 billion PAMBO for public presale
- Currently in the final presale phase at $0.01 per PAMBO
- Buy and burn mechanism until 80% tokens burned
- Deflationary token with reducing circulation
The project also has a governance token called BAMBOO.
Pandoshi Price Predictions
Based on the project’s rapid progress and community hype, analysts estimate its price could rise substantially once listed on exchanges.
According to Crypto Blog Network’s price analysis, “We can expect Pandoshi to reach the $3 mark shortly after launch and continue upwards to $5+ within the first few months.”
They cite the project’s solid fundamentals and the likelihood of landing listings on major exchanges like Binance and Coinbase.
Other analysts also predict that with sufficient exchange volume and growing community interest, hitting $5 is reasonable for Pandoshi.
Conclusion
Pandoshi brings some exciting capabilities to further decentralized finance while empowering users with essential crypto utilities. With multiple products already operational and major developments on the horizon, Pandoshi seems ready to make its mark.
As analysts predict, if Pandoshi continues its impressive progress, launching on leading exchanges soon with a striking $5+ valuation looks achievable. For crypto enthusiasts, this new project is undoubtedly one to watch closely.
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/
Source: https://www.cryptopolitan.com/this-newly-launched-crypto-will-soon-be-listed-on-exchanges-hitting-the-5-mark-analysts-say/