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Cryptocurrency News Articles

Poodlana: The Hermès of Crypto Prepares to Launch on Solana

Jul 16, 2024 at 10:00 pm

A huge buzz is building in Asia as the crypto market prepares for Poodlana—a new presale launching on the 17th July on the Solana blockchain.

Poodlana: The Hermès of Crypto Prepares to Launch on Solana

A huge buzz is building in Asia as the crypto market prepares for Poodlana—a new presale launching on the 17th July on the Solana blockchain.

Presales have become a common occurrence in the crypto space, but few have managed to capture the attention of the masses quite like Poodlana. In just a couple of weeks before the token, POODL, has even launched, over 15k enthusiasts have flocked to follow the presale on X.

Of this cohort, Asian investors make up a significant portion, and appear ready to pile in when the presale begins.

The meme coin, which describes itself as “The Hermès of Crypto”, appeals to fashionistas as well as crypto connoisseurs, and brings the Asian craze of poodle ownership to the blockchain.

The presale begins at 11am UTC on the 17th of July, with prices starting at $0.02 and climbing every 72 hours, meaning early investors have the opportunity to lock in maximum gains.

In an exceptional move for a presale, Poodlana has already confirmed that it will list its token the day the presale finishes.

Capturing Asia’s fashion phenomenon

Poodles are a top fashion trend in Asia, and it appears that this love for the breed could equate to the Asian and global markets falling in love with Poodlana.

As one of the most beloved dog breeds in Asian countries like China, Korea, and Japan, poodles enjoy a status as a fashion accessory. Top stars from K-Pop singers to actors, as well as aspiring socialites are all toting adorable toy poodles in public, drawing affectionate eyes with their undeniable cuteness.

Investors from Asia are turning their heads towards Poodlana for the same reason: Shiba Inus, one of the top breeds of the 2010s, have long dominated the crypto space, with mascots like DOGE, SHIB, WIF, and FLOKI raking in multi-billion dollar capitalizations thanks to the internet’s love of the breed.

Based on these huge success stories and the already prevalent real-world trend of poodle love, it’s not hard to see how POODL could climb the crypto leaderboards after it lists, especially judging on how it’s gone viral before it has even launched.

Solana’s strength pushes POODL

Another factor that could help Poodlana is the ongoing breakout success of its home blockchain, Solana.

Solana meme coins are worth more than $6.5 billion at press time, a monumental number given the relative infancy of Solana compared to other meme token platforms like Ethereum. Due to its incredible high transactional throughput and democratized access due to low fees, it has become the platform of choice for both creators and buyers of memes.

Tokens like WIF—also a dog coin—have charted historic rallies this year, upwards of 50,000x. This latent adoration of memes in the Solana community bodes extremely well for a token like POODL, and with strong Solana support in Asia, it’s no surprise that these investors are paying attention.

The coin Asian buyers have been waiting for

Poodlana tops off its investment case with unique tokenomics and a presale plan. The presale lasts just 30 days, with a DEX listing following less than an hour after completion, enabling ICO momentum to carry over into open market trading.

500 million tokens will go on sale on the 17th of July, making up 50% of the total supply of POODL. The rest of the tokens are expertly allocated for marketing, partnerships, and liquidity purposes, all ensuring Poodlana has the best chance possible of flying over the $1 mark as time goes on.

With no vesting or token lockups, the full weight of POODL will be felt on 16th August when the token becomes publicly available—meaning it is absolutely crucial that investors who see the value here act fast.

Poodlana’s launch is on 17th July at 11am UTC, with a 30-day presale followed by a listing 60 minutes later. For more details and to join the excitement, visit the Poodlana website.

Original source:beincrypto

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