Key takeaways
- Bitcoin dropped beneath the $57k degree for the primary time since Might 2024.
- The Poodlana presale is quick approaching and goals to be the primary dog-themed meme coin.
BTC dips beneath $57k
The cryptocurrency market has been bearish for the reason that begin of the week, with costs of most cash and tokens within the purple. Bitcoin, the main cryptocurrency by market cap, has misplaced greater than 2% of its worth right now and dropped beneath the $57k degree for the primary time since Might 2024.
At press time, the worth of Bitcoin stands at $58,175.96. BTC may endure additional losses within the close to time period as bulls stay answerable for the market.
What’s Poodlana?
Regardless of the latest bearish pattern out there, glorious initiatives proceed to pop up within the Web3 ecosystem. Poodlana is the most recent challenge that’s gaining traction within the ecosystem because of its distinctive strategy.
Poodlana is a brand new Solana meme coin centered on introducing the glamor of excessive style to the crypto world. Meme cash proceed to seize the eye of crypto buyers and Poodlana needs to grow to be the primary canine token on the planet.
Based on the event staff, Poodlana will be certain that buyers personal meme cash that embrace the ethos of community-driven progress whereas offering them distinctive worth.
Poodles are within the high 3 canine breeds in Japan, Korea, and China the place they’re important style equipment for the glitterati. The event staff is banking on the love of meme cash in these nations coupled with their love for Poodlana to construct a robust group. Poodlana is a must have digital accent that enhances modern pooches.
Poodlana’s presale commences in two weeks
The Poodlana presale is barely two weeks away however the challenge may benefit buyers and the broader meme group because of its distinctive strategy.
Based on the event staff, the presale will begin on July 17 and final for 30 days. Solely the crème de la crème can be a part of with SOL, BNB, ETH, USDT, USDC and Fiat/card funds.
Poodlana is adopting an strategy that will be certain that there aren’t any lock-up interval for his or her tokens, no video games, simply pure, unadulterated excellence. The POODL presale goes stay on July 17 and ends on August 16.
The presale might be in 10 phases, with a worth enhance each three days, from $0.0200 in stage 1 to $0.0539 within the last stage.
Poodlana tokenomics
By way of tokenomics, Poodlana adopted a easy strategy to make sure most transparency with its group. The entire provide might be 1 billion POODL tokens, with 50% going presale.
Advertising and marketing takes 15%, rewards 5%, partnerships 5%, treasury 10% and the remaining 15% is allotted to liquidity. The staff revealed that 100% of tokens might be unlocked on day one, guaranteeing there aren’t any lock-ups or vesting intervals.
As soon as the presale ends, Poodlana will burn unsold tokens. Buyers will begin claiming their tokens instantly after the presale, with the token set to checklist on decentralized exchanges (DEXs) hours after the presale.
With this degree of transparency, buyers know when the presale begins and when the token lists on exchanges.
Click on right here to study extra about Poodlana
Must you spend money on Poodlana?
Poodlana is introducing a dog-themed meme coin to the style world, guaranteeing that it captures a brand new breed of meme inside the Solana ecosystem. By leveraging the recognition of Poodlana, just like the Shiba Inu canine, the challenge may achieve huge adoption within the coming months and years.
The swift presale and itemizing on crypto exchanges may additionally assist appeal to extra buyers to the challenge.