A new experimental crypto asset class has taken the market by storm. Pandora (PANDORA), the first token based on the unofficial ERC-404 standard, has skyrocketed in value by over 12,000% in just one week. Its success has sparked a flurry of new projects rushing to emulate the standard, with many analysts predicting massive growth potential in this nascent market segment.
On the other hand, Pandora’s competitor, Pandoshi (PAMBO), is on track for a similar performance as its 5-stage presale campaign nears its end. Pandoshi is a community-driven initiative dedicated to realizing Satoshi Nakamoto’s original vision of decentralization.
Pandora’s Meteoric Rise Fueled by Innovation
ERC-404 combines the best aspects of the ERC-20 and ERC-721 Ethereum standards to enable fungible and non-fungible tokens (NFTs) in one framework. This allows for directly fractionalized NFT ownership, solving a major pain point that limits the adoption of previous NFT solutions.
Pandora launched just one week ago at $250 per token. As the first demonstration of ERC-404’s capabilities, it has since surged to a high of $32,000 – putting its returns at a staggering 12,000% in 7 days!
With such enormous profits accrued in such a short timeframe, Pandora has sparked immense interest in this new standard. Major exchanges like OKX and Binance have already stepped up to support ERC-404 assets on their platforms. And the ERC-404 team is working hard on getting it officially recognized as an Ethereum standard.
Pandoshi – The Next Gem to Emulate Pandora’s Success?
Pandoshi features a full suite of DeFi products under development, encompassing solutions for trading, transactions, education, entertainment, and more.
This includes PandaChain, a custom blockchain built for scalability, privacy, and low transaction fees to power the ecosystem; PandoshiSwap, a decentralized exchange with buyback-and-burn mechanics to bolster the value of Pandoshi’s native PAMBO token; and Cardoshi, Visa-backed cryptocurrency cards with no KYC for private, easy spending.
Tying this ecosystem together is the Pandoshi Wallet, which was launched last month on Android and will soon be on iOS. The non-custodial wallet provides a user-friendly gateway to access and utilize the extensive capabilities Pandoshi provides.
As the next evolution of blockchain technology continues to take shape, Pandoshi is poised to see massive growth in demand and value.
It currently sits in the last phase of its presale, having sold out the first four at record pace. Listings on major centralized exchanges like Binance and Coinbase are also confirmed for after launch.
With strong tailwinds and capabilities rivaling leading DeFi ecosystems, analysts predict Pandoshi’s native PAMBO token will achieve 5000%+ gains in Q2 2024, mirroring Pandora’s early flight.
Conclusion
ERC-404 has demonstrated incredible potential in combining the best aspects of fungible tokens and NFTs. Pandora’s 12,000% growth in just one week of this new crypto asset class highlights the immense pent-up demand.
Pandoshi taps into all of these innovative tailwinds while supercharging them through its comprehensive suite of decentralized finance solutions. With presale nearing sold-out status and plans to list on top exchanges, Pandoshi’s native PAMBO token looks primed to ride the ERC-404 wave to deliver massive returns for early adopters.
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/
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
