Fresh off the back of an $8m presale raise, viral meme coin Poodlana has listed on Raydium, Solana’s leading DEX, as well as MEXC, a Tier 1 CEX with a daily volume of over $1.7 billion.
With another major CEX listing confirmed for 23rd August and Binance rumors sparkling throughout the crypto community, there’s more rocket fuel in the tank to propel Poodlana to a potential 100x as it charts its path into the open market.
There’s plenty of buzz surrounding POODL, the coin that joins crypto and haute couture, but there’s also plenty to suggest this dazzling new entrant is far more than a hype train, and has the potential to lead the 2024 market as it struts down the crypto catwalk.
The story so far
Poodlana has already enjoyed a wild ride since coming into existence, despite only listing for public trading on 16th August.
The presale for the POODL token began on 17th July, and lasted just 30 days, with an incredible $1 million raised on day one alone. Buyers continued to flood in through the length of the ICO, leading to a jaw-dropping total raise of $8m, and momentum continued into open market trading when POODL hit Raydium just one hour after the presale ended.
The Poodlana party initially kicked off in Asia, home to the world’s foremost poodle lovers (Asia even has its own poodle grooming style) and some of the most fashionable people on the planet—Asia’s penchant for luxury is unmatched, with the region accounting for 38% of all sales for LVMH, Louis Vuitton’s parent company. That’s 13% more than the US, and more than double that of Europe.
The confluence of this dazzling appetite for both poodles and high fashion led Asian markets to fall in love with Poodlana. The result? A torrent of buy pressure. Asia is also responsible for 80% of meme coin trading, and meme rallies typically occur during Asian trading time—so the Poodlana love story resulted in meme coin mayhem.
The trend rapidly spread to the rest of the world, as the global smart money began to see Asia performance as an early indicator of further success—this is a pattern that has played out before. Biaoqing, for example, is one of China’s most popular meme coins, and exploded to a multi-million dollar market cap after early Asian adoption reached the West.
The Poodlana party continues
Now, with Poodlana available on Raydium and MEXC, POODL is available to millions of gem-hungry crypto investors all around the world, and a 100x rally looks to be on the cards.
MEXC processes more than $1.7 billion per day in volume, and Raydium recently cleared $12 billion in just one week, meaning that Poodlana is ripe to receive an astonishing amount of inflows if it can sustain current levels of interest.
That interest is sure to be stoked by rumors of a Binance listing—speculation that has driven one analyst, with almost 400k followers on X, to up his POODL price prediction of a 7,600% rally by 25x. This would equate to a surge of well over 1000x, implying that a 100x prediction is on the conservative side.
There’s plenty of evidence from other Solana meme coins that this could happen, too. BONK and WIF, two other SOL-based dog coins that have seen enormous growth over the past year, and brought some traders unbelievable profits: one WIF trader who got in early banked gains of over 13,000x, while a BONK bull who timed his trade to perfection scored a $10 million windfall.
This kind of price action, combined with the exceptional performance of POODL so far, shows the life-changing opportunities offered by getting in early on viral meme coins. Poodlana has everything required to replicate the performance of these other coins, and so now is the best time to lock in a potential 100x surge while prices are still low.
Head to Raydium or MEXC to buy Poodlana now. POODL will list on a further CEX on 23rd August.
Disclaimer: This is a paid post and should not be treated as news/advice.
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