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Dogwifhat, Popcat, Bonk brace for key competitor: Poodlana

July 18, 2024
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Solana has emerged as one of the best blockchain for meme coin builders. Certainly, Solana meme cash like Dogwifhat (WIF), Popcat, Ebook of Meme (BOME), and Bonk are a few of the greatest gamers within the business.

Dogwifhat has a market cap of over $2.2 billion whereas Bonk, Ebook of Meme, and Popcat have a mixed valuation of over $3 billion. Extra Solana meme cash like Poodlana may proceed to achieve market share within the business.

Why Solana meme cash are rising

Solana is likely one of the hottest blockchains on the planet, helped by its low transaction prices and quick speeds. Because of this customers who transact in these tokens pay only a tiny quantity in charges.

instance of how low Solana charges are is to take a look at its charges this yr. Information compiled by TokenTerminal exhibits that Solana has collected over $274 million in charges at the same time as its community transactions jumped. 

Because of this platforms like Uniswap and Lido Finance have made more cash than the second-biggest blockchain community within the business. Ethereum, recognized for prime charges, has revamped $1.7 billion in charges this yr.

Solana meme cash have additionally grown due to the hype surrounding them. This pattern began after the profitable launch of Bonk in 2023 which pushed its market cap to a peak of $2.6 billion.

Additionally, Solana has been included with Pump.enjoyable, a platform that helps customers create their tokens simply. A number of the high Pump tokens are the likes of Iggy and Michi.

Poodlana is gaining momentum

In the meantime, Poodlana, an upcoming Solana meme coin is gaining momentum. Essentially the most up-to-date knowledge exhibits that the token has raised over $808k from world buyers, lower than 24 hours after it was launched.

A POODL token was going for $0.02 and the worth is predicted to rise to $0.023 within the subsequent two days. Altogether, the token sale will finish within the subsequent 30 days adopted by a launch in Raydium, one of many greatest Solana DEX. 

Customers can purchase the POODL token with well-liked cryptocurrencies like Ether, USDT, USD Coin, BNB, Solana, and money. 

Poodlana relies on poodle, a preferred Japanese canine. Consequently, the builders hope that it’s going to do higher than different dog-themed tokens like Dogecoin, Shiba Inu, and Floki.

Poodlana can be focusing on the posh market because it describes itself because the Hermes of crypto. Hermes, recognized for Birkin, is likely one of the hottest luxurious items corporations on the planet. As a part of this theme, the builders are launching a weekly meme catwalk the place customers will likely be win 2,500 USDT.

Some analysts consider that the present hype will assist to popularize Poodlana, which can push its value larger when it debuts. Nonetheless, like all belongings, there’s a danger that the token won’t do effectively, that means that buyers ought to solely add money that they’ll afford to lose. You should buy the POODL token right here.

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Tags: BonkBraceCompetitordogwifhatKeyPoodlanaPopcat
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