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As the crypto market recovers from the 2022 bear market, analysts are predicting a bull run in 2024 led by a new meme coin competitor to Shiba Inu coin (SHIB) called Pandoshi (PAMBO). Pandoshi aims to surpass Shiba Inu's historical highs with its strong community and unique ecosystem of products.
Shiba Inu had an epic price run in 2021, fueled by strong community momentum. According to CoinMarketCap, SHIB started January 2021 at $0.000000000073, peaked at $0.00008845 on October 28, 2021 and ended the year at $0.00003538 on December 31.
At its peak, $100 invested in SHIB would have been worth over a million. While few likely bought at the bottom or sold at the top, SHIB investors made massive gains in 2021, cementing its position as a leading meme coin.
With those significant gains in mind, analysts forecast Pandoshi reaching even greater heights in the upcoming 2024 crypto bull run. The additional community excitement and utility behind Pandoshi leads analysts to believe it may surpass Shiba Inu's epic 2021 run over the next crypto boom cycle.
Pandoshi (PAMBO) is a new meme coin that launched in Q4 2023. With a supply of 2 billion and presale price of $0.01, PAMBO aims to become a leading meme coin.
Pandoshi sets itself apart with a robust ecosystem of products centralized around its layer-2 blockchain ecosystem. Its' key products include:
Additionally, Pandoshi focuses on community governance through its BAMBOO governance token. PAMBO holders can use BAMBOO to vote on the project's future direction.
The deflationary tokenomics also make PAMBO an attractive investment. With every transaction, a portion of PAMBO is burned, reducing the circulating supply over time.
With signs of recovery in the crypto markets, analysts predict a bull run in 2024 led by altcoins and meme coins like Pandoshi.
According to a top analyst "Innovation is key in crypto, and unique new projects like Pandoshi stand out with their extensive ecosystems solving real problems." He believes Pandoshi could 5-10x from its presale price of $0.01 in 2024.
Unlike Shiba Inu, which lacks utility beyond being a meme coin, Pandoshi sets itself apart with its array of products like PandaChain, gaming metaverse, and crypto debit cards.
Additionally, with exchange listings planned on Binance and Coinbase in 2024, analysts predict rapid growth for Pandoshi.
"The community momentum behind Pandoshi combined with strong utility puts Pandoshi in a prime spot to overtake Shiba Inu in 2024," explains another popular analyst.
As the crypto markets prepare for a 2024 bull run, all eyes are on unique new projects like Pandoshi. With its robust ecosystem, exceptional tokenomics and exchange listings, analysts forecast Pandoshi to surpass the heights reached by Shiba Inu in the 2021 bull run. The $0.01 meme coin competitor is gearing up to lead the next wave of explosive growth in crypto.
Visit the links below for more information about Pandoshi (PAMBO):
Website: https://pandoshi.com/
Whitepaper: https://docs.pandoshi.com/
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