{"id":3019,"date":"2024-02-04T23:34:14","date_gmt":"2024-02-04T23:34:14","guid":{"rendered":"https:\/\/solanacrypto.news\/2024\/02\/04\/emerging-cryptocurrency-priced-at-0-01-draws-whales-interest-is-this-the-next-solana-sol\/"},"modified":"2024-02-04T23:34:14","modified_gmt":"2024-02-04T23:34:14","slug":"emerging-cryptocurrency-priced-at-0-01-draws-whales-interest-is-this-the-next-solana-sol","status":"publish","type":"post","link":"https:\/\/solanacrypto.news\/2024\/02\/04\/emerging-cryptocurrency-priced-at-0-01-draws-whales-interest-is-this-the-next-solana-sol\/","title":{"rendered":"Emerging Cryptocurrency Priced at $0.01 Draws Whales Interest: Is This the Next Solana (SOL)?"},"content":{"rendered":"
Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . If you encounter any issues, kindly report them to [email\u00a0protected]<\/span>. Crypto assets\/products can be highly risky. Never invest unless you\u2019re prepared to lose all the money you invest.<\/p>\n A new cryptocurrency called Pandoshi (PAMBO) has recently caught the attention of crypto whales. Pandoshi aims to be a leader in decentralized finance and provide affordable blockchain infrastructure like the popular layer-1 blockchain Solana.\u00a0<\/p>\n Cryptocurrencies have seen immense growth over the last few years. Innovative projects like Solana that solve blockchain trilemma issues like scalability have especially drawn significant interest. As the crypto market expands, new promising projects like Pandoshi emerge that aim to push blockchain technology further.\u00a0<\/p>\n Pandoshi brands itself as a manifesto championing privacy, decentralization, and financial freedom. The goal is to build an ecosystem of decentralized products that enable frictionless decentralized finance operations. Pandoshi seeks to enable users to participate in DeFi easily.\u00a0\u00a0<\/p>\n At the core of Pandoshi\u2019s ecosystem is the PandaChain layer-2 blockchain, PandoshiSwap decentralized exchange, and the newly launched Pandoshi Wallet<\/a>. Pandoshi also aims to launch crypto debit cards collectively called Cardoshi, allowing users to spend crypto anywhere.<\/p>\n PandaChain<\/strong><\/p>\n Similar to Solana, Pandoshi wants to solve the blockchain trilemma of achieving decentralization, security, and scalability simultaneously through innovations like its PolyBFT consensus mechanism. PandaChain uses Ethereum\u2019s ERC token standards, allowing decentralized apps from Ethereum to easily migrate over while benefiting from faster and cheaper transactions.<\/p>\n Zero-knowledge rollups on PandaChain called zkEVM will give users privacy features, allowing anonymous transactions. This technique is similar to what privacy-focused blockchains like Zcash use.<\/p>\n PandoshiSwap<\/strong><\/p>\n PandoshiSwap utilizes PandaChain\u2019s high throughput and cheap gas fees to offer a fast and affordable decentralized exchange. The platform will support standard features like staking. A portion of the fees collected by the platform will go towards buying and burning the native PAMBO token, making it deflationary.<\/p>\n Pandoshi Wallet<\/strong><\/p>\nPandoshi Meme Coin and its Innovative DeFi Utility<\/h2>\n