New Cryptocurrency at $0.01 Joins Ethereum (ETH) and Polygon (POL) as Top Picks for February 2024

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9 Feb 2024
24

The crypto market continues to evolve, with new and innovative projects launching. One exciting addition in 2024 is Pandoshi (PAMBO), a new cryptocurrency priced at just $0.01 per token in its ongoing presale phase. Despite being new to the market, Pandoshi has emerged as a top investment pick for 2024, along with Ethereum and Polygon.
An Overview of Pandoshi
Pandoshi brands itself as a manifesto championing decentralization, privacy, and monetary freedom. Its goal is to forge an ecosystem of decentralized products. Pandoshi aims to put the power of crypto and DeFi firmly in the hands of users.

Some key things to know about Pandoshi:

It uses two tokens – PAMBO and BAMBOO. PAMBO is the utility token used for payments and transactions. BAMBOO is a governance token for community voting.
PAMBO has a fixed supply of 2 billion, with 1 billion going to its public presale. It’s designed to be deflationary through buy-and-burn mechanisms.
Pandoshi already launched its Android wallet app, with an iOS version on the way soon. Its network, PandaChain, is also in development.
The presale price is currently affordable at $0.01 per PAMBO. Pandoshi aims to list major CEXs including Binance and Coinbase after launch.
This accessible price point and extensive roadmap focused on usability and adoption make Pandoshi an enticing new option compared to higher-priced alternatives.

How Pandoshi Compares to Ethereum and Polygon
As pioneering smart contract and DApp development platforms, Ethereum and Polygon have cemented themselves as market leaders.

In terms of functionality, Pandoshi shares similarities with Ethereum and Polygon in its plan to offer decentralized financial services and products to users. However, its focus on ease of use for beginners helps differentiate it.

Additionally, while Ethereum gas fees remain high despite upgrades, driving users towards cheaper options like Polygon, Pandoshi aims to offer low everyday transaction fees through innovations like its PandaChain layer 2 network.

Finally, accessibility and user experience seem to be much bigger priorities for Pandoshi based on decisions like the intuitive wallet design and affordable $0.01 token price. Therefore, it could complement Ethereum and Polygon by catering better to crypto-curious consumers. The projects may end up co-existing nicely rather than directly competing.
Pandoshi Presale Enters Final Phase
February 2024 finds Pandoshi in the final days of its public token sale event. The presale began in Q4 2023 and is currently in its fifth and final phase before launch.

Pandoshi has already raised over $4 million from its community. And at the current $0.01 price per PAMBO, it’s still early to get in before the official launch, when many expect a price jump.

Part of the reason for confidence in Pandoshi is its continual progress towards delivering on ambitious roadmap targets in short timeframes. For example, the functional Android wallet app has already been released well ahead of expectations.

Conclusion
Pandoshi stands out for its fervent community, reasonable pricing, and rapid progress towards building out a robust ecosystem. With accessible entry points still open through the $0.01 presale event, Pandoshi deserves consideration alongside Ethereum and Polygon as a top buy for February 2024 and beyond in crypto investment portfolios.
Pandoshi Presale Enters Final Phase
February 2024 finds Pandoshi in the final days of its public token sale event. The presale began in Q4 2023 and is currently in its fifth and final phase before launch.

Pandoshi has already raised over $4 million from its community. And at the current $0.01 price per PAMBO, it’s still early to get in before the official launch, when many expect a price jump.

Part of the reason for confidence in Pandoshi is its continual progress towards delivering on ambitious roadmap targets in short timeframes. For example, the functional Android wallet app has already been released well ahead of expectations.

Conclusion
Pandoshi stands out for its fervent community, reasonable pricing, and rapid progress towards building out a robust ecosystem. With accessible entry points still open through the $0.01 presale event, Pandoshi deserves consideration alongside Ethereum and Polygon as a top buy for February 2024 and beyond in crypto investment portfolios.

Cardano Price Surges Over 10% as Traders Back New Altcoin to Surge Next

Cardano’s native ADA token has seen a double-digit percentage surge over the last 24 hours, boosting hopes that the platform can recover from its recent slump.
ADA’s surge has come alongside renewed optimism in the broader crypto market, with Bitcoin (BTC) now stabilizing above $44,000.

Meanwhile, some traders are looking for the next altcoin that could see significant growth – with the presale project Meme Kombat (MK) gaining traction as a potential contender.

Cardano Primed to Soar Higher on Technicals & Rising Trading Activity
While ADA holders have welcomed the recent 10% surge, the technical setup and on-chain metrics hint at further room for upside.

Looking at the daily chart, top crypto analyst Ali Martinez has identified a descending triangle pattern that could trigger another rally if Cardano can close outside of it.

Ali mentions a potential upside target for ADA as $0.68 – which would be a 28% rise from the token’s current value.
Additionally, trading activity is heating up again, with Coinglass data showing that ADA volume is up significantly from last week.

Additionally, the 30-day MVRV for Cardano has recovered to -0.1%, meaning nearly all current ADA holders are at breakeven on their positions.

With bullish technicals, surging trading volumes, and almost profitable holders, Cardano seems primed to continue rising higher.

However, traders will need to be wary of the wicks around $0.54, where ADA struggled in mid-January.

2024 Shaping Up to Be a Bullish Year for Crypto, According to Experts
While Cardano’s outlook remains positive, the analyst community also holds an optimistic view of the broader crypto market for 2024.

According to Finder’s latest industry survey conducted in January, the average BTC price target from 40 specialists stands at $77,423 by year-end.

This would represent a 71% increase from Bitcoin’s current price.
Driving this bullishness is the expectation that key catalysts like the Bitcoin halving, further institutional adoption through spot ETFs, and potential interest rate cuts will all create the next crypto bull run.

In fact, over half of the experts surveyed believe Bitcoin will post a new all-time high within 6-12 months of the next halving event.

Naturally, this is excellent news for Cardano investors since a rising tide in the crypto market is usually a positive sign for ADA.

If Bitcoin enters another bull cycle, demand for altcoins like Cardano will likely surge – meaning the year ahead could be fruitful for long-term holders.

Meme Kombat Emerges as Potential Meme Coin Breakout Bet Ahead of DEX Listings
While the positive outlook for major cryptos like Cardano and Bitcoin sets the stage for broader market strength, some traders are opting to target early-stage projects that could generate even higher returns.

One such project gaining attention is Meme Kombat, an Ethereum-based play-to-earn (P2E) token featuring games, memes, and staking rewards.

Powered by the native MK token, Meme Kombat offers a battle arena where popular meme coin mascots face off in simulated fights.
Players can bet on fight outcomes using MK, providing a crypto-powered gambling experience.

Meme Kombat’s platform also offers 112% APY staking rewards to incentivize long-term MK holding.

After raising over $8.3 million in its ongoing presale phase, the project’s developers are preparing to launch MK on DEXs in the coming weeks.

10% of the total MK supply has been set aside to provide liquidity for these DEX listings, with a further 30% of the supply earmarked for community/staking rewards.
Adding to the buzz around Meme Kombat is that the development team is fully transparent and led by Matt Whiteman – an experienced Web3 entrepreneur.

While it may have higher risk than Cardano due to it being an early-stage venture, Meme Kombat’s combination of gaming, strong tokenomics, and community rewards makes it an intriguing option for meme coin enthusiasts.

Interested investors can buy MK tokens for $0.279 during the final stage of the presale using ETH, USDT, or BNB.

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