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HomeMarketBitcoin drops beneath $57,000 as Poodle presale begins in two weeks

Bitcoin drops beneath $57,000 as Poodle presale begins in two weeks

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Key issues

  • Bitcoin dropped beneath $57,000 for the primary time since Could 2024.
  • The Poodle presale is quick approaching and goals to turn out to be the primary canine themed meme coin.

BTC dropped beneath $57k

The cryptocurrency market has been bearish because the starting of the week, with the costs of most cash and tokens within the crimson. Bitcoin, the main cryptocurrency by market capitalization, misplaced greater than 2% of its worth in the present day, falling beneath the $57,000 stage for the primary time since Could 2024.

At press time, the worth of Bitcoin was $58,175.96. BTC may undergo additional losses within the close to time period because the bulls stay answerable for the market.

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What’s a Poodle?

Regardless of the latest bearish market development, wonderful initiatives proceed to emerge within the Web3 ecosystem. Poodle is the most recent undertaking to make a reputation for itself within the ecosystem due to its distinctive strategy.

Poodlana is Solana's new meme coin aimed toward bringing the glamor of excessive vogue to the crypto world. Meme cash proceed to draw the eye of crypto traders, and Poodlena desires to turn out to be the primary canine token on the planet.

In keeping with the Poodlena growth workforce, it’ll make sure that traders personal meme cash that embrace the ethos of community-driven progress whereas offering them with distinctive worth.

Poodles are among the many high 3 canine breeds in Japan, Korea and China, the place they’re important vogue equipment for the glitterati. The event workforce depends on the love of meme cash in these nations together with their love of Poodle to construct a robust group. Poodlena is a must have digital accent that enhances modern pooches.

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Poodle pre-sale begins in two weeks

The Poodle the pre-sale is just two weeks away, however the undertaking may benefit traders and the broader meme group due to its distinctive strategy.

In keeping with the event workforce, the pre-sale will begin on July 17 and can final for 30 days. Solely the crème de la crème can be a part of SOL, BNB, ETH, USDT, USDC and Fiat/card funds.

Poodlana takes an strategy that may guarantee there isn’t a cap, no video games for his or her tokens, simply pure, unadulterated excellence. The PODL presale will begin on July seventeenth and finish on August sixteenth.

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The presale will happen in 10 phases, with worth will increase each three days, from $0.0200 in part 1 to $0.0539 within the last part.

Poodle tokenomics

In terms of tokenomics, Poodle has taken a easy strategy to make sure most transparency with its group. The entire provide will probably be 1 billion POODL tokens, with 50% going to the presale.

Advertising takes 15%, rewards 5%, partnerships 5%, treasury 10% and the remaining 15% is allotted to liquidity. The workforce revealed that 100% of the tokens will probably be unlocked on day one, guaranteeing that there will probably be no shutdowns or vesting intervals.

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

With this stage of transparency, traders know when the presale begins and when tokens are listed on exchanges.

Click on right here be taught extra concerning the Poodle

Do you have to spend money on Poodlan?

Poodle introduces a dog-themed meme coin to the style world, guaranteeing that it captures a brand new breed of memes within the Solana ecosystem. Capitalizing on the recognition of the Shiba Inu-like Poodle, the undertaking may see large adoption within the coming months and years.

A fast pre-sale and itemizing on crypto exchanges may additionally assist appeal to extra traders to the undertaking.

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