The cryptocurrency market has seen unprecedented growth in recent years. This trend is also extending to meme coins. As per CoinMarketCap data, the crypto market capitalization for meme coins and tokens is at its highest level ever, around $33 billion, in June of 2022. Several new meme coins, such as Dogecoin and Safemoon, have received a lot of attention, making it difficult for crypto enthusiasts and investors to decide which coin to invest in.
What is a meme coin?
In other words, meme coins are cryptocurrencies inspired by memes, which are intriguing or humorous concepts depicted in a photo, video, or other form of media. There have been meme coins like Shiba Inu and Dogecoin that display dog memes, but PandaInu is bringing a change to the system with its unique ecosystem.
PandaInu is a cryptocurrency affiliated with a panda. Pandas have always been hailed as rare and magnificent mammals. Recently, PandaInu has gained popularity as it is the first meme coin from the panda family and boasts a decentralized crypto wallet with military-grade security.
Probably a coin with a 1000x value that can outsmart Doge and Shiba coins in the near future. The PandaInu (PWT) token is a unique DeFi or decentralized finance token which is being developed into a dApp (decentralized application) wallet ecosystem.
Experience NFT revolution with PandaInu
It is also expected PandaInu will make a revolutionary change in the NFT space. Recently, the crypto industry has focused on NFTs, with certain predictions placing the NFT industry’s market value at over $100 billion by 2025.
The market has become quite difficult to access as it stands, even for those having enough fees to mint a new NFT and trade. On Ethereum’s blockchain, multiple projects exist, increasing transaction and NFT minting costs.
Most marketplaces on the Ethereum blockchain will cost the average person between $100 and $500 to mint a new NFT.And transferring an NFT from one address to another will cost the same amount in transaction fees.
Despite this, many people are still invested in the project because one NFT can be sold for millions of dollars.
As the expenses of NFTs rise, people may lose interest in the market’s exciting and lucrative components.
This is what births the concept of the PandaInu ecosystem, which is built on Binance Smart Chain and enables users to benefit from faster block speeds and lower transaction fees. In the same way, in the future, you will also be able to use PWT tokens to buy from a list of NFTs listed in the ecosystem’s marketplace.
With these features, PWT tokens are set up to make a lot of money when people invest and use the ecosystem’s features.
This puts PandaInu ahead of coins like Shiba Inu and Dogecoin.
What Makes PandaInu Better Than Dogecoin?
Dogecoin is a meme-based ecosystem that leverages memes to boost cryptocurrency acceptance among crypto aficionados. The ecosystem is similar to Shiba Inu (SHIB), however the token metrics are different.
It is an Elon Musk and Dogecoin-inspired meme project.
Other than promoting the use of memes and rewarding users who develop and spread them, the ecosystem does not perform many other functions.
PandaInu easily outperforms this project in every way possible.
It goes against the norm that meme coins don’t do anything important besides promoting memes and mocking of coins.
So, how is Pandainu different?
Many things are in the pipeline, including an upcoming NFT marketplace, a DApp Store, network rebates, a staking mechanism, and PWT tokens that can be swapped on any blockchain.
PWT will also be utilised to encourage community members via transaction fees for liquidity mining, airdrops, stakes, DAO, and Panda Dapp Wallet.
The PandaInu Wallet is the native wallet that lets users track their rewards and safely store their assets.
In addition, customers can utilise their wallets to acquire cryptocurrencies directly from the EIFI Finance Dex portal and other Dex platforms.
Users will also soon be able to create and list NFTs using PandaInu NFT marketplace.
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