Promising Alternative to Shiba Inu Poised to Mirror SHIB’s 2021 Success

Nothing exemplifies the explosive potential of meme coins than the time Shiba Inu (SHIB) gained 43 million percent, all in less than a year. Riding on the monumental rise of Dogecoin, the original meme coin, SHIB capitalized on the overwhelming public interest at the time to deliver what can only be described as legendary returns.

Today, a new promising crypto contender has emerged. Going by the name of Padoshi (PAMBO), this novel token aims to recapture the spirit of SHIB's meteoric ascent. Underpinning this token's strategy is an improved model centered around accessibility, sustainability, and community participation.

Ultimately, the goal of Pandoshi is to build upon the successes of earlier meme coins by triggering the same viral effects while also addressing the limitations of previous projects (namely, the lack of practical utility). In doing so, Pandoshi hopes to bring the power of blockchain and crypto to a much, much broader demographic.

Merging Memecoins with Practical Utility

Both SHIB and Dogecoin were designed with a proof-of-work model. The consequence of that design choice is the extraordinary expenditure of energy each day. Many headlines have been written about the dangers of wasting energy at such a high volume.

In contrast, Pandoshi built on a Layer 2 network that operates using the proof-of-stake consensus mechanism. The waste of energy is eliminated in this model as participants vote using their stakes instead of solving energy-hungry cryptographic puzzles. As a result, Pandoshi is an eco-friendly project that doesn't waste any computing and electric power.

There's a second-order consequence of proof-of-stake that's worth noting. As the need for solving cryptographic puzzles is eliminated, network participants are no longer required to buy and maintain expensive mining rigs, which are powerful computers that can cost thousands of dollars. As a result, Pandoshi's network is open to everyday investors, making it more decentralized than many projects.

While the technological innovation in terms of infrastructure is impressive, that's only the beginning. Pandoshi leverages that foundation to offer an extraordinary suite of blockchain-powered applications. From a decentralized exchange, token swapping and lending protocol, to engaging games and applications in the blockchain-based metaverse, there's a lot on offer for everyone.

The project also supports native integration for prepaid crypto debit cards, enabling a seamless bridge between centralized and decentralized finance. What makes these cards truly innovative is the lack of any KYC hurdles, as users are no longer required to expose their sensitive details to use these cards.

To summarize, Pandoshi offers a world of rich finance applications that are second to none.

Balancing Supply and Demand through Autonomous Mechanisms

The economic linchpin of this burgeoning ecosystem is Pandoshi's native PAMBO token. 

Apart from its wealth of real utilities, the native token is primed for a dramatic rise in value over the coming weeks thanks to its strategic buy-and-burn mechanism. If the demand rises as anticipated, experts predict PAMBO's price could rise up to 30x over within weeks after the launch.

While both Dogecoin and SHIB were wildly popular, they had a common roadblock: inflationary and unlimited tokens. Every month saw a substantial rise in the circulating supply of those tokens. In turn, this put unnecessary pressure on the supply side, making each token less valuable.

PAMBO, on the other hand, is just as fun and appealing while operating on a deflationary economic model. The built-in buy-and-burn mechanism uses generated revenues to buy tokens and destroy them. So the more that the user base grows and transaction volume rises, the more tokens will be burned thanks to higher revenue from transactions. In practical terms, that means all PAMBO tokens will become more valuable as more users acquire them.

Tiered Token Distribution

Pandoshi has allocated 1 billion PAMBO tokens for public sale events. Half of those will be made available during the ongoing presale. The remainder of the supply will be split between liquidity reserves, listings on prominent exchanges, and marketing promotions such as social media giveaways.

Thanks to this tiered distribution, early adopters will have plenty of opportunity to buy in at attractive rates. At the same, the project will have enough liquidity for sustained expansion and mass adoption in the longer term.

2024's Answer to Shiba Inu

The internet is filled with regretful stories of investors missing out on the SHIB train. After all, 43 million percent returns are unprecedented in most of human history. Thanks to Pandoshi and its PAMBO, 2024 is shaping up to be a second chance for those who missed out on the SHIB craze.

Thanks to its sound tokenomics, practical utilities, and a fun-packed community, Pandoshi is already off to the races. The project has secured $2 million already in its opening presale phase. If expert predictions are any indicator, this is just the tip of the iceberg, with a stratospheric ascend seeming as the probable destination for PAMBO.

As the presale event continues, time is of the essence for discerning crypto buyers. The current early adopter price tag of $0.008 per token is extremely unlikely to be ever seen again.

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/