Ethereum has awoken from its slumber as analysts predict a surge to $3,200, driven by strong fundamentals of shrinking supply and rising demand. At the same time, the new crypto Pandoshi, currently priced at just $0.01, is poised to reach $1 in Q1 2024, according to expert traders.
Ethereum Fundamentals Fueling Next Leg Up
Over 25% of Ethereum’s total supply is now locked in staking platforms, greatly reducing the amount available for trading or investing. This supply shock comes alongside a burning mechanism reducing ETH supply by 0.21% per year. Already, 357,148 ETH valued at $947 million has been burned since The Merge.
Additional bullish factors boosting demand include the upcoming launch of spot Ethereum ETFs and the March deployment of EIP-4844, which will significantly lower layer-2 gas fees.
“This is the most basic law of economics. If demand is increasing, and supply is decreasing, then the price has no choice but to pump,” said one crypto analyst.
With strong technicals and fundamentals in place, analysts predict Ethereum breaking out above $3,200 in short order.
Pandoshi Targets $1 Price Level
Pandoshi has ignited interest in the crypto market at just $0.01 per token in its rapidly selling out presale. The deflationary cryptocurrency implements a buy and burn mechanism through its PandoshiSwap decentralized exchange and its prepaid crypto cards, Cardoshi. These platforms continuously raise demand for the PAMBO token while reducing the circulating supply.
At the core of Pandoshi lies the PandaChain proof-of-stake blockchain, optimized for fast, affordable transactions. PandaChain enables frictionless interoperability between ecosystem products, including the DEX, wallet, and crypto debit cards.
Following the end of its presale, Pandoshi will list its native token, PAMBO, on two prominent centralized exchanges, Binance and Coinbase. These tier-one exchange listings deliver instant accessibility for both retail and institutions. The token will also be available for decentralized trading on Uniswap.
“Getting listed on Coinbase and Binance guarantees Pandoshi exposure to tens of millions of active traders,” said industry analyst Thomas Wayne. “Considering its ecosystem and tokenomics, a dollar valuation is reasonable. Pandoshi at one cent is a lotto pick.”
With Phase 5 presale nearly sold out, only 7% of the PAMBO token supply allocated to presale remains available. 1 billion of the 2 billion PAMBO tokens were made available for presale buyers at the start of the campaign.
As the maxim goes, the best projects are listed on the best exchanges. By targeting listings on Coinbase, Binance, and Uniswap, Pandoshi continues to gain credibility while offering almost unlimited growth potential at its current $0.01 price discovery phase.
Conclusion
With Ethereum fundamentals firmly in place to support a surge to $3,200, now is an opportune time for investors to gain exposure. In tandem, ultra-low priced Pandoshi presents asymmetric upside at just $0.01, with $1 in sight, according to expert analyst projections.
The dual opportunities in Ethereum and Pandoshi demonstrate crypto’s wealth generating potential in 2023 and beyond.
Click Here To Buy PAMBO Tokens
Explore the following links for detailed information on Pandoshi (PAMBO):
Website: https://pandoshi.com/
Whitepaper: https://docs.pandoshi.com/
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