Where To Buy Pondcoin (PNDC): Price Prediction, Is It Legit?

Pondcoin (PNDC) is the native cryptocurrency of the Marlin Network, which is a protocol that aims to provide a high-performance networking layer for other blockchains, helping improve the speed and reduce the latency of decentralized protocols. 

This article will discuss what the Marlin Network is, how it works, the utility of the PNDC token, price prediction for Pondcoin in 2024 and beyond, and finally determine whether it is a real or fake crypto project. 

So, let’s get started. 

What is the Marlin (PNDC)?

Marlin is a protocol that provides blockchain networks with high-performance infrastructure that helps optimize their speed and scale them at the network layer. Nodes on the Marlin network operate a router interface called MarlinMV that allows developers to create custom overlays and execute edge computations for decentralized networks.

The overlays built on Marlin can reduce latency and improve scalability, are highly decentralized, and have enhanced response times due to advanced caching capabilities. 

How Does Marlin Work?

The Marlin Protocol is built atop the Ethereum blockchain. It provides developers with several tools to optimize their applications, such as:

This software development kit enables developers to design applications like games and streaming apps to connect and interact with the Marlin Network. It functions as a common building block and provides real-time communication between the nodes on the protocol. 

This is a distributed event-driven catching system for decentralized applications (DApps) that uses an indexing strategy to reduce blockchain queries. 

The Marlin Gateway is designed to exchange large blocks and transactions without the need for a centralized node. Traders can make use of Marlin’s low latency relays to take advantage of gas fees while scaling blockchains with short transaction times at layer 0. 

What is the PNDC Token?

PNDC or Pondcoin serves as the native utility token of the Marlin Network. It has the following functions within the ecosystem:

PNDC can be used as a token to pay for services provided by nodes on Marlin. This includes relaying transactions or broadcasting blocks. 

PNDC holders have voting rights on important governance decisions related to the protocol, such as network upgrades, changes in fee structures, or other key issues affecting the Marlin Network. 

Nodes and holders are required to stake PNDC tokens to be able to participate in network governance decisions and earn rewards through staking initiatives. 

PNDC Tokenomics

Out of a maximum supply of 10 billion tokens, 3.18 billion PNDC will ever enter circulation. The ERC-20 token deployed on the Ethereum network has 736 million tokens currently in circulation. 

At the time of writing, PNDC is trading at $0.0000001016 – up nearly 60% in the last 24 hours with a trading volume of $13.4 million in the same period. The total market capitalization of Marlin Network stands at $93.4 million. 

Where to Buy Marlin (PNDC) From?

Here is a list of exchanges from where you can buy PNDC tokens:

Is Marlin Network (PNDC) a Good Investment?

Marlin Network is a protocol that aims to provide a high-performance networking layer for blockchains that can help improve the networks’ speeds as well as reduce their latency by improving scalability. 

What makes the Ethereum-based project unique is that it is one of the few Layer 0 protocols that supports an efficient network layer and helps expand their respective ecosystems. It offers both Layer 1 and Layer 2 with tested gateways that can enhance performance and security. 

Marlin is an interesting crypto project that can improve the security and scalability of other blockchains. However, the network has a lot of work to do to gain traction in the highly competitive crypto ecosystem in terms of putting itself out there. This is not to say that Marlin is not a legitimate cryptocurrency project. 

Cryptocurrencies are highly volatile instruments that can experience strong price fluctuations. Therefore, it is advised that you do your own research before investing in crypto assets. Always keep in mind that you should only invest money that you can afford to lose.