Didn't catch the Shiba Inu Hype? This Memecoin Aims To Outperform SHIB in 2024

07 February,2024 04:22 PM IST |  MUMBAI  |  BrandMedia

Pandoshi brands itself as a manifesto championing decentralization, privacy, and monetary freedom.


The crypto market saw massive gains in meme coins like Shiba Inu (SHIB) in 2021. However, after meteoric rises in 2021, Shiba Inu (SHIB) cooled off in 2022 and 2023. In 2024, investors are looking for the next big meme coin that could replicate SHIB's 43 million percent gains. Pandoshi (PAMBO) presents a strong candidate.

What is Pandoshi?

Pandoshi brands itself as a manifesto championing decentralization, privacy, and monetary freedom. The project seeks to revolutionize finance with an ecosystem of decentralized products like its PandaChain layer-2 blockchain, PandoshiSwap decentralized exchange (DEX), non-custodial Cardoshi crypto card, and Pandoshi Wallet.

Pandoshi took inspiration from the visionary creator of Bitcoin, Satoshi Nakamoto. Unlike simple meme coins, Pandoshi aims to be more than just a social experiment or fleeting trend.

The native utility token of Pandoshi is PAMBO. As the ecosystem expands, PAMBO will have increased utility across various products, like the PandoshiSwap DEX. PAMBO also has a buy-and-burn mechanism to make it deflationary.

How Does Pandoshi Compare to Shiba Inu?

While Dogecoin inspired Shiba Inu, it distinguishes itself as an ERC-20 token on the Ethereum network. The tokenomics and roadmap also set Shiba Inu apart from other meme coins. However, Pandoshi also has some competitive advantages over Shiba Inu.

Pandoshi brands itself as more committed to decentralization and privacy than SHIB. Features like zkEVM privacy, PolyBFT consensus for the PandaChain, and non-custodial products set it apart from Shiba Inu. While SHIB exploded in 2021 due to hype and speculation, Pandoshi wants to build real utility to make PAMBO valuable over the long term.

Additionally, Pandoshi is currently earlier in its adoption cycle than Shiba Inu. With Shiba Inu already listed on prominent exchanges, the major listing hype has faded. Pandoshi plans to get listed on top centralized exchanges (CEXs), including Binance and Coinbase. These listings on tier-1 exchanges could potentially ignite a rally as PAMBO gains exposure to millions of users globally.

Pandoshi Progress and 2024 Roadmap

As a newer project than SHIB and Dogecoin, Pandoshi has achieved significant milestones on its roadmap. Its public presale, launched in December 2023, is now in its fifth and final phase, with over $4 million raised.

In Q2 2024, Pandoshi plans to launch key products like its PandoshiSwap DEX for trading PAMBO pairs and kickstart its PandaChain testnet. By Q3 2024, the goal is to migrate PandoshiSwap onto the PandaChain mainnet to reduce transaction fees and boost the burn rate of PAMBO.

The most recent progress came with Pandoshi launching its non-custodial crypto wallet for storing and transacting PAMBO tokens. The wallet is currently available on Android, with an iOS version in development.

For the remainder of 2024, Pandoshi aims to form collaborations with prominent crypto projects and centralized exchanges. Listings on major CEXs and DEXs could lead to substantial hype and upside for PAMBO investors.

Why Pandoshi Could Outpace Shiba Inu

As a meme coin, some may wonder if Pandoshi brings anything over Shiba Inu. And it does. Pandoshi seeks to be more than just a social experiment, building real decentralized financial products. Add that to PAMBO's deflationary tokenomics, and holding the token could pay off long-term.

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/

"Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions."

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!
Brand Media Crypto cryptocurrency Surpassing Solana Banking financial services and insurance
Related Stories