Crypto
Under $1 Cryptocurrency to Buy Immediately Before Expected Surge | Finbold
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In the dynamic space of digital currencies, Pandoshi (PAMBO) emerges as a standout cryptocurrency priced under $1, attracting keen interest from investors poised for its anticipated surge. This digital asset, currently in the final phase of its presale, is rapidly gaining traction, signaling a potent opportunity for early backers. With its innovative ecosystem and a strong foundation in decentralized finance (DeFi), Pandoshi is not just another token but a pivotal player set to redefine market norms.
As the presale concludes and its debut on exchanges nears, the window for securing PAMBO at a preferential rate is narrowing. This moment represents a critical juncture for those seeking to diversify their portfolios with a cryptocurrency that offers not just affordability but the promise of significant growth. Investors are encouraged to act swiftly to be part of Pandoshi’s journey before the expected surge propels its value to new heights.
Pandoshi (PAMBO)
Pandoshi’s cryptocurrency presale has quickly attracted widespread attention within the cryptocurrency community, raising over $4 million in just a few weeks from its launch. This remarkable achievement underscores the growing intrigue and potential of Pandoshi in the cryptocurrency realm.
Setting itself apart from common entries in the meme coin space, Pandoshi introduces a rich, decentralized digital ecosystem, rooted deeply in the core principles of blockchain such as decentralization, financial privacy, and community-driven governance, reflecting a sophisticated understanding of blockchain technology.
At the heart of Pandoshi’s ecosystem lies a Layer 2 network based on the Proof of Stake protocol, offering an eco-friendlier solution than traditional Proof of Work methodologies. This diverse ecosystem encompasses decentralized exchanges, a non-custodial DeFi Wallet, immersive Metaverse gaming, educational initiatives, and crypto-compatible prepaid cards, all functioning independently of traditional KYC verifications.
PAMBO, the central token of Pandoshi’s ecosystem, is designed to become increasingly scarce through a buy-and-burn strategy, aimed at substantially elevating its value.
Of the total 2 billion PAMBO tokens created, half are allocated to the presale, with the remainder dedicated to ensuring liquidity on exchanges and for marketing purposes.
Pandoshi’s forward-looking approach includes a significant reduction in the total supply of PAMBO tokens, emphasizing its deflationary nature and enhancing its market value and scarcity.
Pandoshi is now in the crucial last phase of its presale, entering the fifth and final stage of its introductory strategy. This phase presents the ultimate opportunity for investors to acquire PAMBO tokens at the presale price of $0.01 each before the token is officially listed on trading platforms. There’s a noticeable excitement surrounding this phase, signifying the end of a meticulously planned presale process, highlighting the project’s progress and attracting investor attention.
A significant milestone for Pandoshi has been the launch of its Pandoshi Wallet beta on the Google Play Store, with an iOS version anticipated soon. This step, taken during the presale phase, has greatly affirmed investor confidence, demonstrating the project’s ability to meet its commitments promptly.
This timely wallet launch, coinciding with a crucial phase, showcases the team’s commitment to achieving key objectives, thus reinforcing confidence in Pandoshi’s direction. With support for both EVM-compatible and upcoming non-EVM chains, the wallet signifies Pandoshi’s ambition and readiness to lead in the dynamic cryptocurrency market.
Ultimately, Pandoshi’s strategic use of a buy-and-burn model and its efforts to diminish the total supply of PAMBO tokens are concerted efforts aimed at boosting the token’s exclusivity and appeal, promising an exciting future as the ecosystem expands.
Click Here To Take Part In Pandoshi Presale
Visit the links below for more information about Pandoshi (PAMBO):
Website: https://pandoshi.com/
Whitepaper: https://docs.pandoshi.com/
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, was sentenced on Thursday to 15 years in prison for for what a judge called an “epic fraud.”
U.S. District Judge Paul A. Engelmayer, who handed down the sentence, sharply rebuked Kwon for repeatedly lying to everyday investors who trusted him with their life savings.
“This was a fraud on an epic, generational scale. In the history of federal prosecutions, there are few frauds that have caused as much harm as you have, Mr. Kwon,” Engelmayer said during a hearing in Manhattan federal court.
Kwon, 34, who co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies, previously pleaded guilty and admitted to misleading investors about a coin that was supposed to maintain a steady price during periods of crypto market volatility.
He is one of several cryptocurrency moguls to face federal charges after a slump in digital token prices in 2022 prompted the collapse of a number of companies.
Dressed in yellow prison garb, Kwon addressed the court and apologized to his victims, including the hundreds who submitted letters to the court describing the harm they had suffered.
“All of their stories were harrowing and reminded me again of the great losses that I’ve caused. I want to tell these victims that I am sorry,” Kwon said.
Ayyildiz Attila, one of the hundreds of victims who submitted letters to the court, said he lost between $400,000 and $500,000 in the collapse.
“My savings, my future, and the results of years of sacrifice disappeared. I struggled to keep up with payments and responsibilities, and everything I had worked forwas erased,” Attila said.
Kwon’s lawyer Sean Hecker said in an email after the sentencing that Kwon spoke from the heart, expressed genuine remorse and will continue his efforts to make amends.
US Attorney Jay Clayton in Manhattan said in a statement following the hearing that Kwon devised elaborate schemes to inflate the value of his cryptocurrencies and fled accountability when his crimes caught up to him.
Prosecutors had asked for a sentence of at least 12 years in prison, saying the crash of Kwon’s Terra cryptocurrency caused billions of dollars in losses and triggered a cascade of crises in the crypto market.
Kwon’s lawyers had asked that he be sentenced to no more than five years so he can return to South Korea to face criminal charges.
Prosecutors charged Kwon in January with nine criminal counts for securities fraud, wire fraud, commodities fraud and money laundering conspiracy.
Kwon was accused of misleading investors in 2021 about TerraUSD, a so-called stablecoin designed to maintain a value of $1. Prosecutors alleged that when TerraUSD slipped below its $1 peg in May 2021, Kwon told investors a computer algorithm known as “Terra Protocol” had restored the coin’s value.
Instead, Kwon arranged for a high-frequency trading firm to secretly buy millions of dollars of the token to artificially prop up its price, according to charging documents.
Kwon pleaded guilty in August to two counts, conspiracy to defraud and wire fraud, and apologized in court for his conduct.
“I made false and misleading statements about why it regained its peg by failing to disclose a trading firm’s role in restoring that peg,” Kwon said at the time. “What I did was wrong.”
Kwon agreed in 2024 to pay $80 million as a civil fine and be banned from crypto transactions as part of a $4.55 billion settlement he and Terraform reached with the Securities and Exchange Commission.
He also faces charges in South Korea. As part of his plea deal, prosecutors will not oppose Kwon’s potential application to be transferred abroad after serving half his US sentence.
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