Solana (SOL) had some of the most impressive gains in the early days of its launch. Since then, few others have achieved such a level of success. After a hard 2022, SO started recovering, and by the end of 2023, it was showing signs of a recovery. However, even the ongoing rise of Solana (SOL) will never replicate its early gains.
If you missed Solana’s first and second rise (SOL), there is still hope for you, thanks to a new blockchain project called Pandoshi (PAMBO). The project is currently in the presale stage but shows signs of a major upswing.

The Rise of Pandoshi (PAMBO)

The Pandoshi presale has demonstrated impressive success, garnering over $3.5 million in just a few weeks since its inception. This significant accomplishment underscores the robust interest and potential the project has in the crypto marketplace. Currently, Pandoshi is advancing through its third presale stage, preparing to transition into the fourth stage which will see an uptick in token price, signifying a pivotal moment for the project and its backers.
Contrary to initial appearances, Pandoshi is much more than a mere meme coin. It represents a comprehensive, independently operated, and decentralized platform. The project’s whitepaper reveals a deep understanding of professionalism and technical intricacies, anchoring itself firmly in the tenets of decentralization, financial privacy, and community-led governance.
Key Features of Pandoshi’s Ecosystem:

• Eco-Friendly Layer-2 Network: Operating on a Proof of Stake protocol, Pandoshi offers an eco-conscious alternative to traditional Proof of Work models.
• Decentralized Exchange and Wallet: Pandoshi provides heightened security and autonomy through its decentralized exchange and non-custodial wallet.
• Metaverse and Educational Integration: The inclusion of Metaverse gaming and educational platforms adds depth and diversity to the ecosystem.
• Cryptocurrency Prepaid Cards: These cards offer global digital asset management without the need for KYC procedures.
• Commitment to Transparency: Pandoshi’s transparent approach and its clearly outlined roadmap have garnered trust among investors.

At the heart of the Pandoshi ecosystem lies the PAMBO token, initially introduced on the Ethereum blockchain. This token is deflationary in nature, thoughtfully crafted to appreciate in value as its scarcity increases. It employs a buy-and-burn approach, systematically decreasing its supply to boost its value over time.
As Pandoshi embarks on its journey, its unique approach and forward-thinking features position it as a significant player in the crypto industry. Looking ahead, the project aims to broaden its exchange presence and continue enriching its comprehensive ecosystem.
Pandoshi recently celebrated a significant achievement with the beta launch of its Pandoshi Wallet on the Google Play Store, an event they eagerly announced on Twitter. This important development, coinciding with their ongoing presale, represents a major step forward in the project’s growth, particularly in its ability to support Ethereum Virtual Machine (EVM)-compatible chains and plans to incorporate non-EVM chains in the future. To further broaden its impact, Pandoshi is also developing an iOS version of the wallet, aiming to attract a larger user base.
The introduction of the Pandoshi Wallet on the Google Play Store has played a crucial role in enhancing the project’s reputation in the market, effectively dispelling doubts and boosting investor confidence in its commitment to the decentralized finance (DeFi) sector. This move underscores Pandoshi’s commitment to open-source development and governance driven by its community, aligning with investor preferences for privacy and decentralization. The wallet’s launch has triggered a surge in investor interest, with many rapidly participating in the presale to capitalize on this promising venture.

Conclusion

Solana (SOL) is already at its peak. Those who got in early reaped big. For everyone else, now is an opportunity to recreate the magic of Solana (SOL) with Pandoshi (PAMBO). Analysts have projected a modest increase of 100X for PAMBO tokens once they launch.
 
Click Here To Take Part In Pandoshi PresaleVisit the links below for more information about Pandoshi (PAMBO):
Website: https://pandoshi.com/
Whitepaper: https://docs.pandoshi.com/
 
Disclaimer: The text above is an advertorial article that is not part of Cryptonews.com editorial content.

Solana Price Prediction as SOL Becomes 5th Most-Traded Coin in the Market – Can SOL Overtake Ethereum?

Solana price prediction takes center stage as SOL ascends to the fifth spot among the most-traded cryptocurrencies, sparking discussions on its potential to rival Ethereum.
With its price at $96.50, despite a 2.50% dip over the past day, Solana’s substantial $1.3 billion trading volume underscores its growing prominence.
Holding a commanding market capitalization of $42.07 billion and a circulating supply of 436 million SOL coins, the digital asset showcases significant momentum.
This surge in activity and investor interest places Solana in a pivotal position for future market dynamics, prompting speculations about its trajectory and comparisons with leading cryptocurrencies.

Solana Price Prediction

Analyzing the 4-hour chart, the pivot point is identified at $97.69, suggesting a nuanced balance point for future price directions.
Immediate resistance levels are positioned at $100.03, $102.56, and $105.47, indicating potential ceilings for upward price movements.

📉 #SolanaPricePrediction Feb 4: SOL shows bearish signs, trading below $97.69 pivot. Resistance at $100.03, $102.56, $105.47. Support at $94.91, $92.96, $90.66. RSI at 42 & 50-EMA at $98.40 suggest a selling trend. Watch for potential downtrends. #SOL #CryptoMarket pic.twitter.com/rwZKdPfMzh
— Arslan Ali (@forex_arslan) February 4, 2024

Conversely, support levels are found at $94.91, $92.96, and $90.66, marking thresholds for possible pullbacks.
The technical indicators present a mixed sentiment. The Relative Strength Index (RSI) at 42 hints at a slight bearish momentum, suggesting a lack of strong buying pressure at the moment.
Solana Price Chart – Source: TradingView
The 50-day Exponential Moving Average (EMA) standing at $98.40 further underscores the current bearish trend, as the price resides below this average.
Chart patterns reveal a symmetrical triangle breakout below the $97.69 level, indicating a potential continuation of the selling trend.
This is further confirmed by the presence of a bearish engulfing candlestick pattern below the pivot, reinforcing the bearish outlook for Solana.
In conclusion, Solana exhibits bearish tendencies below the $97.69 threshold.

Meme Kombat Presale Success: Surpasses $8 Million Mark Towards $10 Million Target

Meme Kombat, a pioneering platform in the Web3 gaming landscape, has already surpassed its $8 million presale target, currently boasting a remarkable $8.07 million in USDT raised, edging closer to the ultimate goal of $10 million.
This innovative gaming platform offers a unique blend of active betting and passive staking, providing diverse rewards for all participants.
Meme Kombat Presale Success – Source: memekombat.io
With the $MK token priced at $0.279, Meme Kombat is capturing the attention of both cryptocurrency enthusiasts and gaming fans, underscoring the growing convergence of gaming and blockchain technology.
Engage with Meme Kombat to experience the next wave of digital entertainment through Web3 gaming, and be part of this exciting venture as it approaches its final presale milestone.
Visit Meme Kombat HereDisclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

atest Solana Meme Coin ‘LAMBO’ Pumps Up 1000x in 24 Hours and This Low Cap Gem Might Be Next

Source: Midjourney
LAMBO has become the latest Solana meme coin to enjoy a massive listing on the Raydium DEX this week, with its price experiencing a 1000x surge yesterday.
However, as is usually the case with most Solana meme tokens, LAMBO has since corrected heavily, with its price currently down by 52% in the past 24 hours.
Such a reduction doesn’t bode well for the token’s future, and with other new coins offering stronger fundamentals and more utility, most traders will probably prefer to look elsewhere.
Indeed, one new altcoin gaining lots of momentum right now is Sponge (SPONGE), which is in the process of launching the second version of its token, with millions already staked in it.

Latest Solana Meme Coin ‘LAMBO’ Pumps Up 1000x in 24 Hours

The name may change, but the pattern remains more or less identical, with LAMBO pumping heavily on the day of its listing.
Of course, it has since declined very steadily, and despite a brief recovery earlier this morning, now seems to be heading downwards in a linear fashion.
Source: DEXTools/TradingView
As with pretty much every other miniscule-cap Solana meme token, LAMBO’s trading volume has all-but disappeared.
It therefore has really no where else to go but down, with its low volume and liquidity exposing it dangerously to further dumps.

The last $LAMBO coin i had on $ETH crushed $25m and @beeple shilled it
Solana memes run way harder, Let's see how hard you mf's can send $LAMBO on $SOL with no ETH ptsd pic.twitter.com/tb6on05Wi9
— POΞ.memes (@Poe_Ether) February 1, 2024

It also seems that Crypto Twitter has ceased hyping it up already, with the most recent tweets dating to yesterday.
As such, most traders would do well to avoid LAMBO at all costs, despite what they may hear about Solana meme coins.

This Low Cap Gem Might Be Next

The big issue with LAMBO is that, like many Solana meme coins, it lacks the fundamentals and utility to prevent a terminal decline after its initial surge.
For this reason, traders should probably seek out newer coins with some kind of use case, as well as with a genuine following and online community.
One of the best examples of this is Sponge (SPONGE), an ERC-20 cryptocurrency first listed – and boomed – on major exchanges in April 2023.
It’s very close to launching the second version of its token, SPONGE V2, with the current version being discontinued on Monday February 5.
The main rationale for the update is that Sponge V2 will feature a revamped and more profitable staking model, while it will also serve as the native token of a play-to-earn racing game.

10 exchanges not enough? 😉#SpongeV2 will be listed on BIGGER AND BETTER exchanges! 🔥
You’re not ready for what’s coming next 👀#SpongeV2 #MemeCoin #Presale pic.twitter.com/LdXRYu65Z8
— $SPONGE (@spongeoneth) January 23, 2024

The new P2E game will provide players with the opportunity to compete with each other and rank on a global leaderboard, with the most successful players receive SPONGE tokens as a reward.
Perhaps even more bullishly, the token’s new staking model will provide bigger rewards.
Its APY currently stands at 245%, but this can rise even higher depending on how many tokens users stake and for how long.
Claiming the second version of SPONGE is easy: holders of SPONGE V1 can go to the official Sponge website and stake their old tokens, while those without any SPONGE V1 can simply buy the newer coin.

Staking update! 🚀🧽
We now have over 6,589,653,557 $SPONGE tokens staked with a value of $3,308,731.05. 🤯
Make sure to stake your tokens before the #SpongeV2 transition on February 5th!
Enjoy our impressive current APY of up to 245%. 💪#Sponge #Memecoin #Crypto #Binance pic.twitter.com/Klp7VLQFIo
— $SPONGE (@spongeoneth) February 1, 2024

And given Sponge’s already strong following – over 30,000 followers on X – its second version could rally hard once it lists in the next one or two weeks.