As 2024 gets underway, the crypto world’s attention is focused on Solana (SOL), which had a remarkable run in 2023. In December, the project hit a high of $124, a price not seen in years. However, there could be a new contender for the top stop. Pandoshi (PAMBO) is showing great promise and could soon surpass Solana (SOL). Let us take a closer look at these two.
Since its high of $124 on December 25, 2023, Solana (SOL) has pulled back to around $94 per coin. However, the project has gained a small 3.67% in the past seven days. For 2024, analysts predict Solana (SOL) could climb higher.
The analysts base their predictions on the dramatic rise of SOL in 2023. It went from below $30 per coin in just nine months and crossed the $100 mark. As the year 2024 gets on, some analysts predict Solana (SOL) could get to $160, with the most optimistic predicting $200 by the end of the year. Looking ahead, they predict Solana (SOL) will climb to over $400 in 2025.
To achieve its previous ATH of $259.92, Solana (SOL) would need to climb by close to 90%. While this may seem like a huge ask, it is worth noting that the last time, Solana (SOL) went from a low of less than $10 to over $250 in just weeks. Most of the initial pump has passed, and the current prediction is quite modest in the crypto world.
Pandoshi (PAMBO) is a relatively new project that is still working through the presale. Thus far, it has sold over $3 million worth of PAMBO tokens. The massive demand for the tokens is due to their promised utility in the Pandoshi (PAMBO) ecosystems. These coins will have a role in a planned PandoshiSwap (DEX), Pandoshi Wallet that just recently got released, a crypto-powered debit card, an educational program, and a gaming metaverse.
Unlike most other projects, Pandoshi (PAMBO) has a clear plan for the PAMBO tokens. The result is that analysts predict the tokens could grow 100x in the first few weeks after launch. Their value could rise from just $0.01 to over $1 per token in the first month alone. After that, their value could grow 1000x. The trend has been observed in the past with other projects.
Given the commitment of the developer team to its success and the huge interest the project is generating, it could exceed all previous records. By the time PAMBO tokens go on secondary marketplaces, their value could be so high as to make them the most talked about token for months.
From the short analysis above, it is clear that both Pandoshi (PAMBO) and Solana (SOL) could grow in 2024. However, the main difference is how much they could grow their value.
Solana (SOL) was a great investment for those who got in early. However, that ship has already sailed, and further astronomical growth is unlikely. To make it big, a project like Pandoshi (PAMBO) is what you need. With a current price of less than a penny per token, you could see a small investment reach heights rarely seen in crypto.
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