|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Poodlana (POODL): A Solana Meme Coin That Could Offer a Huge Opportunity
Sep 05, 2024 at 04:50 am
As major cryptocurrencies struggle, savvy investors know there's an opportunity to buy low. While accumulating sats is undoubtedly a great move, the possibility of hitting a gem has traders and investors scouring the market.
As major cryptocurrencies continue to struggle, savvy investors are presented with an opportunity to buy low. While accumulating sats is a great move, the possibility of hitting a gem has traders and investors scouring the market.
Poodlana (POODL), a newly-launched cryptocurrency that captured the attention of meme enthusiasts and fashion-centric investors, stands out as one of the Solana meme coins that could offer a huge opportunity.
More on the project below.
Crypto losses and the likely opportunity
The current market pain isn’t the first time crypto traders are underwater on most positions. It’s also unlikely the last time many top projects will see a bounce to previous highs or surge to new highs.
What this means is that while most crypto assets continue to sink amid bearish pain, the long term view is that a recovery will happen. Bitcoin and Ethereum are top of analysts’ projections amid increased investor demand with the launch of spot exchange-traded funds. Other altcoins are also likely to bounce sharply if market conditions and catalysts align.
According to analysts at Santiment, this includes Toncoin – which has tanked 31% since news of Telegram CEO Pavel Durov’s arrest in France. Per the Santiment analysis, traders looking for profitable deals may want to check out altcoins that have sun significantly. Such projects offer a relatively “less risky” buy opportunity.
This outlook also applies to new breakout coins, which might see a significant spike in buying activity once markets begin to rally.
What is Poodlana?
Poodlana (POODL) raised $8 million in a 30-day presale that went viral in Asia. After going live on Raydium within 60 minutes of presale closing, the project has quickly landed on crypto exchanges MEXC and BingX. POODL is also listed on CoinMarketCap and CoinGecko.
While these milestones are notable, what might set Poodlana apart from other meme coins on Solana? The potential to attract not just crypto traders, but the fashion-centric community is a plus for the new dog-themed meme coin.
As the crème de la crème of the meme fashion world, Poodlana has an upper hand over the other canine-themed tokens.
Does Poodlana offer a buying opportunity?
The advantages of having launched on the DEX and CEX platforms as indicated in the roadmap has added to community confidence. A lot of the meme coin attention is thus shifting from political tokens or PolitiFi to those with growth potential beyond the US election cycle.
Poodlana is seeing this outlook play out as the POODL token gains while most political tokens are down. If the project’s roadmap milestones such as partnerships with top industry platforms as well as in the fashion world pan out, it could be a foundation for further adoption.
Despite this bullish outlook, its worth noting that crypto and meme coins in particular are volatile and risky assets. Due diligence is always critical.
To learn more or have a glimpse into what Poodlana is, start here.
Share this article
Categories: Crypto, Meme Coin, Solana, Token
Tags: Binance, Cryptocurrency, DEX, Meme Coin, MEXC, Poodlana, Raydium, Solana, Token, Web3
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Coin Master Free Spins And Coin Links Today September 22, 2024
- Sep 22, 2024 at 04:20 pm
- Coin Master is one of the most popular games that both Android and iOS users can download for free. It is a unique game which requires gamers to build village
-
- Bitcoin (BTC) Price Gearing Up for a Significant Surge, Promising On-Chain Metrics Suggest
- Sep 22, 2024 at 04:20 pm
- Bitcoin is showing signs that it might be gearing up for a significant price surge. Recent trends indicate a reduction in risk hedging among traders
-
- Atsuko Sato (SATO) Rallies Amid Broader Market Optimism
- Sep 22, 2024 at 04:20 pm
- Atsuko Sato (SATO) is an anime dog-themed cryptocurrency project with significant market momentum. The project is centered around the legacy of Atsuko Sato
-
- Louisiana Tech Overcome Double-Digit Deficit in Fourth Quarter, but Fall to Tulsa in Overtime
- Sep 22, 2024 at 04:20 pm
- Louisiana Tech overcame a double-digit deficit in the fourth quarter, but the Bulldogs ended up falling to Tulsa in overtime by a final score of 23-20 on Saturday night inside Joe Aillet Stadium.
-
- Are Crypto Exchange Tokens a Good Investment?
- Sep 22, 2024 at 04:20 pm
- You've probably heard about crypto exchanges like Binance, KuCoin, Crypto.com, HTX , and others that sell tokens (e.g., BNB, KCS, CRO, and HT).
-
- Ripple CTO David Schwartz Says XRP Can’t Be ‘Dirt Cheap,’ Explains Why
- Sep 22, 2024 at 04:20 pm
- In a recent discussion on social media Ripple's CTO, David Schwartz, that he holds XRP, stating that if there were a way for him to increase its price
-
- The Hottest New Crypto Presale Is Shaking Up the Market, Leaving Dogecoin (DOGE) and Polkadot (DOT) in Its Rear-view Mirror
- Sep 22, 2024 at 04:20 pm
- Rollblock (RBLK) is up in its 6th presale stage and is currently trading at $0.027 with $3.6 million already raised.
-
- BlackRock CEO Larry Fink Expresses Strong Support for Bitcoin, Affirming Its Legitimacy as a Financial Asset
- Sep 22, 2024 at 04:20 pm
- According to Fink, Bitcoin's ability to deliver uncorrelated returns makes it a valuable tool for diversifying investment portfolios
-
- Dogecoin (DOGE) Could Be Gearing Up for Another Monumental Move to New All-Time Highs, Claims Crypto Analyst
- Sep 22, 2024 at 04:20 pm
- According to renowned crypto analyst Javon Marks, Dogecoin (DOGE) could be on the cusp of another massive rise to new all-time highs.