Panda Swap is a Decentralized Exchange (DEX) made for developers and traders. The platform is built on top of the Solana network and is permission-less. Panda Swap focuses on liquidity, yield maximization, and creating new projects.
This DeFi platform offers a wide range of features including trading, yield farming, liquidity pooling, and project launches. Panda Swap is powered by its native utility token PANDA.
This article is your guide to the Panda Swap platform and the PANDA token. I will take a deep dive into the platform’s features, the economics of its token, its past performance, and future forecasts. You can also find the details about where and how you can acquire these tokens.
Panda Swap (PANDA) Key Features
Here are the key features of Panda Swap.
| Decentralized | As a DEX, Panda Swap allows users to buy crypto assets directly from their wallets. |
| Automated Market Maker | The platform is based on the AMM model, providing sufficient liquidity to users at all times. |
| Yield Farming and Staking | Panda users can stake their tokens or contribute them to liquidity pools to get rewards. |
| Community-driven | Panda allows its users to take part in decision-making regarding the future of the platform. |
| Fast and Affordable | Panda charges a nominal fee and offers faster transactions, thanks to the Solana base. |
Panda Swap (PANDA) Tokenomics
Panda Swap has a total supply of 888.89 million tokens, which is also its maximum supply. All the tokens are already in circulation.
Panda Swap (PANDA) Past Performance
PANDA was launched on March 22, 2024. In the first week of its trading, the token displayed a lukewarm performance. However, from yesterday onward, its price is climbing its way up.
While I was researching for this article, PANDA was trading at $0.02332 a token, making up a market capitalization of $18.53 million.
The token price is up nearly 180% from yesterday. At $19.19 million, the 24-hour trading volume is also up by over 330%.
Panda Swap (PANDA) Price Forecasts
Technically analyzing the previous price patterns of PANDA, we have come up with the following expected prices for the token.
| Year | Minimum Price | Average Price | Maximum Price |
| 2024 | $0.0238 | $0.0542 | $0.0584 |
| 2025 | $0.0570 | $0.0612 | $0.0685 |
| 2026 | $0.0781 | $0.0923 | $0.0968 |
| 2027 | $0.10 | $0.11 | $0.12 |
| 2028 | $0.10 | $0.11 | $0.12 |
| 2029 | $0.13 | $0.14 | $0.14 |
| 2030 | $0.18 | $0.19 | $0.20 |
| 2031 | $0.26 | $0.28 | $0.28 |
| 2032 | $0.37 | $0.37 | $0.38 |
| 2033 | $0.50 | $0.51 | $0.52 |
Where to Buy Panda Swap (PANDA)?
You can buy PANDA from the following exchanges.
How to Buy Panda Swap (PANDA)?
Follow these steps to buy PANDA from Raydium.
- First, create a wallet that supports Solana. Phantom will do fine.
- You need some SOL swap for PANDA. If you don’t already have some, get them from a major cryptocurrency exchange.
- Now go to the Raydium website and connect your wallet.
- Enter the amount of SOL you want to swap, select PANDA from the dropdown list, and hit ‘swap’.
- When the confirmation window pops up, review the details and click ‘confirm’.
- The PANDA tokens will appear in your wallet.
Conclusion
Panda Swap is a very attractive value proposition for crypto traders and investors who are looking for a fast and cheap decentralized exchange. The platform’s Solana base makes it stand out from the rest of the pack.
The PANDA token was launched only a week back and is already gaining traction. The future price forecasts of the token are mostly bullish.
As always, crypto assets are highly volatile and returns from these are subjected to market conditions. The reader is advised to stay away from investment vehicles with questionable track records. Moreover, do your research before jumping into the crypto market.
