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Analysts Predict This Emerging $0.01 Cryptocurrency Will Capture Market Share from Dogecoin and Shib

Analysts Predict This Emerging $0.01 Cryptocurrency Will Capture Market Share from Dogecoin and Shib

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A new cryptocurrency called Pandoshi (PAMBO) has recently emerged in the crypto market, sparking interest from analysts who believe it can capture significant market share from popular meme coins Dogecoin and Shiba Inu.

With a current price of $0.01 per token, Pandoshi aims to champion decentralization and privacy while also promoting financial freedom. Backed by an ecosystem of decentralized products, analysts predict Pandoshi has major growth potential in the meme coin sector.

Pandoshi (PAMBO)

Pandoshi total supply is 2 billion PAMBO, with 1 billion reserved for public presale. The remaining tokens are allocated to liquidity pools, rewards programs, and exchange listings.  

Unlike Dogecoin and Shiba Inu which lack utility, Pandoshi aims to power an entire suite of decentralized finance (DeFi) products. These include PandoshiSwap (a decentralized exchange), Pandoshi Wallet, PandaChain (L2 network), and Cardoshi (a crypto debit card).

PandoshiSwap utilizes an automatic buyback and burn mechanism for PAMBO tokens, which helps make the cryptocurrency deflationary over time. As more tokens are removed from circulation, remaining coins may become more valuable.  

The non-custodial Pandoshi Wallet launched for Android devices allows users to easily store, send, and receive PAMBO and other cryptocurrencies. An iOS version is scheduled for release soon.

PandaChain will serve as a Layer 2 blockchain tailored for fast and inexpensive transactions between ecosystem products. The blockchain uses innovations like zkEVM to enable private transactions on an Ethereum Virtual Machine-compatible network.

Finally, Cardoshi provides a no KYC crypto debit card that lets users spend PAMBO in real-world situations. As adoption of this crypto card grows, active utility for PAMBO increases.

Dogecoin 

While pioneers in the meme coin space, Dogecoin and Shiba Inu are predominantly used today for speculation. Neither token has substantial utility nor full-scale blockchain networks powering DeFi products.

Dogecoin runs on its own basic Proof of Work blockchain which supports peer-to-peer transactions. However, key features like smart contracts are missing. While talk of upgrades has occurred, developers have yet to implement significant changes to make Dogecoin more usable.

With criticism around Dogecoin’s lack of utility growing, analysts predict innovative ecosystems like Pandoshi may steadily attract investors and capture market dominance.

Shiba Inu (SHIB)

Shiba Inu operates as an ERC-20 token on the Ethereum blockchain. This allows it to leverage Ethereum’s capabilities for features like smart contracts and staking.

While the project has deployed some DeFi products like its own DEX ShibaSwap, its focus still appears centered on speculative trading rather than real-world usage. 

Additionally, Shiba Inu transactions still incur notoriously high gas fees which limit adoption. Pandoshi offers a distinct advantage by building its own blockchain network specialized for faster and cheaper transactions.

As innovative cryptos like Pandoshi push the boundaries of utility and adoption, Shiba Inu may struggle to keep pace.

Conclusion

With meme coins like Dogecoin and Shiba Inu dominating headlines in recent years, analysts are predicting the more utility-focused Pandoshi project can capture significant market share in this sector. 

Backed by a full suite of DeFi products and services designed for real-world usage, Pandoshi may offer greater fundamental value than the speculation-centric Dogecoin and Shiba Inu.

As this emerging $0.01 cryptocurrency continues to enhance its ecosystem while expanding exchange listings and global availability, its future looks promising, according to analysts. Major growth could occur if Pandoshi garners increased attention and investment from the crypto community.

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/

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.

 

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