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- Bitcoin’s recovery has imbued the crypto market with a renewed optimism, and bulls are lining up to purchase Poodlana (POODL) as its presale gets underway today.
- Bitcoin ETF inflows hit a six-week high yesterday, and have pulled in over $1 billion in the last three days, assuaging fears of an imminent bear market and giving altcoin investors the confidence to once again hunt for undercapitalized gems.
POODL could be one such gem, as a new meme coin launching on Solana. It’s available for 30 days, starting today at 11am UTC, with prices beginning at $0.02. This will increase every 72 hours, and this time-limited bargain price has only added to the deafening buzz around POODL.
Bitcoin’s bounce is a chance to pounce on POODL
BTC has reclaimed $65k, a 23% bounce since 5th July, leading to huge ETF inflows—evidence that institutional investors are back in the game in a big way. As the market for BTC becomes saturated once again, though, investors are looking for more volatile assets to lock in more spectacular gains.
Poodlana looks to be just the ticket for this, whipping up a media firestorm over the last week and making gem hunters salivate ahead of its launch. This heir apparent to the dog coin crown swaggers onto the scene draped in luxurious raiment and dazzling jewels, upsetting the current Shiba-dominated landscape with its fabulous poodle mascot.
The significance of the poodle theme goes deeper than its pristine aesthetic, though. Poodle ownership is a major trend in Asia, and these dogs are beloved in crypto-heavy countries like Korea, Japan, and China, where the majority of meme coin trading takes place. Pre-launch analysis has predicted massive adoption in Asia for this reason, and this looks to be the case, with half of Poodlana’s social followers hailing from Japan and Korea.
If (and when) this virality translates into buy pressure when POODL launches today, this could be the beginning of a trend like no other. DOGE, SHIB, WIF et al. have proven time and time again that dog coins have huge profit potential, and with Poodlana backed by a serious real-world trend, the sky is truly the limit for this token.
The early bird catches the gains
Poodlana investors who want to maximize their potential profit will want to take action today. The opening price of $0.02 will be gone after just 72 hours, possibly never to return: after the 30-day ICO ends, POODL will be listing on a leading Solana DEX within just sixty minutes, meaning presale momentum will likely carry straight over to public trading.
This could lead to a huge initial pump, and there are numerous factors on the horizon that could sustain growth through 2024 and beyond. For one, Solana ETFs are anticipated to launch in the next six to nine months, and for this SOL meme coin, the mainstream attention this would draw could be invaluable.
Add to this the newly augmented chances of “crypto president” Donald Trump returning to the Oval Office in November, and you can see the macro landscape that is forming before our eyes—a landscape that primes Poodlana for long term growth, and underscores POODL’s status as a top buy as Bitcoin resets the market into bull mode.
