Bitcoin dips under $57k as Poodlana presale commences in two weeks

Key takeaways

• Bitcoin dropped under the $57k degree for the primary time since Could 2024.
• The Poodlana presale is quick approaching and goals to be the primary dog-themed meme coin. 

BTC dips under $57k

The cryptocurrency market has been bearish because the 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 at this time and dropped under the $57k degree for the primary time since Could 2024.

At press time, the value of Bitcoin stands at $58,175.96. BTC might endure additional losses within the close to time period as bulls stay accountable for the market. 

What’s Poodlana?

Regardless of the current bearish pattern out there, wonderful tasks proceed to pop up within the Web3 ecosystem. Poodlana is the most recent mission that’s gaining traction within the ecosystem due to its distinctive method. 

Poodlana is a brand new Solana meme coin centered on introducing the glamor of excessive trend to the crypto world. Meme cash proceed to seize the eye of crypto traders and Poodlana desires to develop into the primary canine token on the planet.

In response to the event workforce, Poodlana will be sure that traders 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 trend equipment for the glitterati. The event workforce 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 trendy pooches.

Poodlana’s presale commences in two weeks

The Poodlana presale is barely two weeks away however the mission may benefit traders and the broader meme group due to its distinctive method. 

In response to the event workforce, the presale will start 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 method that will be sure that there are not 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 will probably be in 10 levels, with a value improve each three days, from $0.0200 in stage 1 to $0.0539 within the ultimate stage. 

Poodlana tokenomics

By way of tokenomics, Poodlana adopted a easy method to make sure most transparency with its group. The entire provide will probably be 1 billion POODL tokens, with 50% going presale.

Advertising takes 15%, rewards 5%, partnerships 5%, treasury 10% and the remaining 15% is allotted to liquidity. The workforce revealed that 100% of tokens will probably be unlocked on day one, making certain there are not any lock-ups or vesting durations.

As soon as the presale ends, Poodlana will burn unsold tokens. Traders will begin claiming their tokens instantly after the presale, with the token set to record on decentralized exchanges (DEXs) hours after the presale. 

With this degree of transparency, traders know when the presale begins and when the token lists on exchanges. 

Click on right here to study extra about Poodlana

Must you put money into Poodlana?

Poodlana is introducing a dog-themed meme coin to the style world, making certain 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 mission might acquire huge adoption within the coming months and years.

The swift presale and itemizing on crypto exchanges might additionally assist appeal to extra traders to the mission.