Key takeaways
Bitcoin has misplaced 3% of its worth and is buying and selling under $60k as soon as once more.
Poodlana’s native token is now reside on the MEXC change after its presale has been concluded.
BTC might drop under $59k as Mt.Gox strikes extra bitcoins
Bitcoin is underperforming once more following a constructive begin to the week. The world’s main cryptocurrency by market cap is buying and selling under $60k after dropping 3% of its worth within the final 24 hours.
At press time, the worth of Bitcoin stands at $59,409 and will dip decrease if the bears stay in management. The bearish efficiency comes after Mt.Gox moved over $700 million price of bitcoins to an unknown pockets. Merchants are anticipating extra selloff out there as Mt.Gox distributes extra bitcoins to its collectors.
What’s Poodlana?
The broader market is bearish, however the adoption of cryptocurrencies continues to choose up tempo, each amongst retail and institutional buyers.
Poodlana is without doubt one of the initiatives that’s gaining traction amongst buyers. It’s a Solana-based meme coin centered on introducing the glamor of excessive trend to the crypto world.
By specializing in selling the ethos of neighborhood whereas offering utility to customers, Poodlana might change into one of many main dog-themed meme cash on the planet. The group will leverage Poodlana’s reputation in Japan, Korea, and China to construct a powerful neighborhood for this mission.
Poodlana’s token now reside on MEXC
The Poodlana presale has formally ended, with $8 million raised in the course of the occasion. The mission didn’t waste time getting its token listed on a centralised cryptocurrency change.
MEXC, a number one crypto change, introduced earlier this week that POODL, Poodlana’s native token, is now reside on its buying and selling platform. Presently, solely the POODL/USDT pair is reside on MEXC, however the crypto change might checklist extra pairs, comparable to POODL/BTC and POODL/ETH, within the coming weeks or months.
Poodlana allocates 50% of the entire provide to presale
Poodlana didn’t undertake a lock-up interval, which implies its tokens at the moment are accessible to buyers. Per their tokenomics, Poodlana can have 1 billion POODL tokens, with 50% going presale.
The remaining 50% can be divided amongst advertising (15%), rewards (5%), partnerships (5%), treasury (10%), and liquidity (15%).
Poodlana’s group saved their promise and unlocked 100% of their tokens instantly after the presale. The unsold tokens can be burned, making certain the token’s deflation.
Must you purchase POODL because it lists on exchanges?
In the event you missed shopping for the Poodlana tokens in the course of the presale, you may nonetheless buy them from crypto exchanges. In the intervening time, POODL is simply accessible on MEXC however might be listed on different exchanges quickly.
Meme cash have change into an important a part of the cryptocurrency ecosystem, with a number of having a market cap of $1 billion or extra. With POODL nonetheless in its early days, this might be the right alternative to spend money on the mission.
