2023 was a great year for Solana (SOL) holders; the coin having shot up from $20 to over $120 in the last six months of the year. This created a lot of hype around Solana and other altcoins. Some of the advantages that Solana had over its competitors were super fast transactions, high scalability, and low cost of transactions, which facilitated dApp development.
So far, there has been a considerable amount of news on the altcoin’s bullish trends. However, experts are leaning toward SOL having a break to cool after the 6X bull run. The price of Solana is exhausted in the short and medium term; making it vulnerable to a constant downward trend. Crypto analysts have always suggested that a cooling period is inevitable for tokens after making considerable and rapid gains; as evidenced by the price history of major coins like BTC.
Now is a great time to watch out for Solana competitors that have the potential for 6X or even more gain. New crypto assets like Pandoshi have especially caught experts’ attention; offering scalability, low-cost, and fast transactions just like Solana but with greater potential to explode.
Pandoshi (PAMBO): Solana’s Biggest Competitor
Pandoshi, built on a Layer-2 network, showcases a wide range of functionalities. The outstanding features of the platform include; a decentralized exchange, a captivating metaverse game, a non-custodial wallet, a crypto education platform, and prepaid cards.
Pandoshi focuses on true decentralization, which was the essence of cryptocurrencies as envisioned by Satoshi Nakamoto. Notably, Pandoshi’s use of the PoS consensus mechanism is remarkable considering the move away from PoW mechanisms that are much less eco-friendly.
The Pandoshi native token, PAMBO, has an impressive design with a buyback and burn mechanism. This mechanism involves a scheduled removal of PAMBO tokens from circulation until 80% of the total tokens are removed. At any given point, the demand for PAMBO tokens will always exceed the supply; maintaining scarcity and value.
PAMBO token serves as the primary utility token within the robust Pandoshi ecosystem. The token will function in different sections of the platform including, its blockchain PandaChain, the Pandoshi University, the metaverse game, the decentralized exchange and Cardoshi.
Recently, the Pandoshi team released to the press the launch of its much anticipated multi-chain non-custodial wallet. So far, this beta version, which supports all EVM-compatible networks, has received a remarkably positive response from the crypto community.
Pandoshi (PAMBO) is in its final phase of presale (phase 5); selling at a mere $0.01. This is happening after it raised over $2.4 million in its fourth phase of a presale that only lasted 8 days. The sale that had been organized into five phases might end ahead of schedule considering how fast the PAMBO tokens are selling out.
Following the presale, PAMBO tokens will be listed on public exchanges; signaling a potential price surge. With its robust ecosystem and series of products, Pandoshi seems like ‘the next Solana’. Early investors are set to reap massive ROIs with this promising asset.
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/
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