Top New Cryptocurrency to Consider Over Ethereum (ETH) | Finbold

Top New Cryptocurrency to Consider Over Ethereum (ETH) | Finbold

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Ethereum has long dominated the decentralized finance (DeFi) space as the leading smart contract platform, with a market capitalization of over $200 billion. However, the emergence of new solutions like Pandoshi aims to challenge Ethereum’s dominance through better scalability and lower fees.

What is Pandoshi?

Pandoshi is a new decentralized financial ecosystem based on blockchain technology. At the heart of Pandoshi is PandaChain, a layer 2 solution designed to offer scalability and low transaction fees compared to Ethereum.

Pandoshi’s native utility token is called PAMBO. PAMBO has a fixed total supply of 2 billion tokens, with 1 billion tokens allocated to an ongoing public pre-sale. PAMBO serves as the ecosystem currency in products such as the PandoshiSwap decentralized exchange (DEX) and Cardoshi crypto debit cards. It also has a deflationary mechanism where tokens are burned through the DEX, reducing the overall supply.

The Pandoshi ecosystem plans to offer a range of DeFi products and services, including a multi-chain DEX, non-custodial wallet, metaverse game, crypto debit cards, and more, creating a comprehensive platform for cryptocurrency users.

Scalability advantages over Ethereum

One of Pandoshi’s biggest advantages over Ethereum lies in the scalability and low fees that PandaChain offers. By using Layer 2 solutions, Pandoshi avoids the congestion, poor performance, and exorbitant gas fees that users often face on the Ethereum mainnet.

PandaChain uses cutting-edge technology like zkEVM rollups to achieve scalability and privacy. The platform will support higher speeds, improving on Ethereum’s 15 TPS. Transaction fees are also expected to be a fraction compared to Ethereum. These scalability features make Pandoshi best suited for fast, low-cost transactions.

As Ethereum continues to stagnate from growing usage and rising gas fees, users may soon begin looking to more scalable alternatives like Pandoshi for their DeFi needs. By providing a complete ecosystem of products with a fast and affordable user experience, Pandoshi poses a viable threat to Ethereum’s market dominance.

Unlike most crypto projects, which are driven solely by founding teams and investors, Pandoshi takes a community-focused approach through features like the BAMBOO governance token.

BAMBOO holders will be able to vote on the future development and governance policies of the Pandoshi ecosystem. This hands greater decision-making powers directly to community members. For users looking for a more decentralized ecosystem beyond Ethereum-focused DeFi, Pandoshi checks many of the right boxes.

PAMBO Token Public Presale

The PAMBO public pre-sale is currently underway, allowing investors to acquire the token before official listings begin on major centralized and decentralized exchanges, including Binance, Coinbase, and Uniswap.

PAMBO is currently in phase 5 of its pre-sale, with 30% already sold. This is the final phase, with PAMBO at an affordable price of $0.01 per token.

Early acquisition of PAMBO tokens through public pre-sale allows investors to benefit from substantial upside potential as launch and listing activity recovers in 2024. PAMBO presents an attractive investment opportunity for cryptocurrency investors looking beyond the saturated Ethereum ecosystem.

Click here to buy PAMBO tokens

Visit the links below to learn more about Pandoshi (PAMBO):

Website: https://pandoshi.com/
White paper: https://docs.pandoshi.com/

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