$5.3 Million Milestone: Why Poodlana Is Dominating the Crypto Market

Poodlana (POODL), a brand new Solana memecoin, has raised $5.3 million in just 30 days of presale. This astonishing performance not only proves Poodlana’s dominance among memecoins, but also establishes it as the hottest cryptocurrency presale currently. Most memecoins are inferior derivatives of Dogecoin, but Poodlana is different. It is a fun second-generation memecoin with a refined and exciting value proposition designed to ensure demand from a diverse investor base and outperform over multiple market cycles.

Here are the keys to how Poodlana beats the competition and heads toward major gains.

Poodlana: For now, for the future

First, to understand why Poodlana stands out from its DeFi competitors, one needs to focus on Asia. This region is (more or less secretly) the memecoin hub of the world. 80% of memecoin trading occurs during Asian market hours, and top analysts assert that the continent defines most global memecoin trends.

Most memecoins focus on creating hype based on the latest Western trends, from Hawk Tuah (HAWKTUAH) to Kamala Horris (KAMA). However, while Western-centric coins can generate gains, they often fail to deliver the same huge gains as coins emerging from the Far East.

Poodlana is designed for Asian investor madness - and it works so well that it's the undisputed champion of the dog breed. This poodle-themed meme coin, with its stunning and super cool image, caters to Asia's secret obsession with poodles, making them the most popular dog in the Far East.

It only takes a few minutes of watching Toy Poodle Grooming Videos on YouTube to experience the endless charm of this Asian obsession.

Poodlana is following the path of Ethereum-based memecoins like Biaoqing and Solana-based memecoins like Pepe, dogwifhat, and catwifhat, which built momentum in Asia early on and sparked a global trading frenzy.

However, Asia’s sheer love for poodles is pushing Poodlana to the top of the memecoin ladder, with crypto industry insiders swiping rumors that POODL is poised to become the world’s next No. 1 doggie token. The point is, this obsession with poodles won’t fade like trends in general, and therefore, neither will Poodlana.

Not Just an Asian Story

As mentioned, Poodlana is sophisticated and unique, and is about more than just a regional adoration for a furry pet. The project is also at the forefront of FashionFi, the thriving marriage of fashion and blockchain.

While some believe that metaverse fashion and collectible NFTs were last year’s news, data suggests quite the opposite. With revenues in the global NFT market expected to reach $2.378 billion this year, many experts still expect NFTs to transform the global fashion industry.

From Metaverse bags and fashion shows to top brand and influencer collaborations, Poodlana has endless potential to tap into. Its popular weekly meme fashion shows on the X platform are just a small snapshot of how Poodlana is using crypto fashion to drive hype and subsequent growth.

Eye on the Macro: Solana is on a roll in 2024

The macro is also very favorable for Poodlana. Solana’s meme coin is rising across the market, and the bull run has investors going wild. The Solana ETF filing, Trump’s promise to establish a national Bitcoin reserve, and Goldman Sachs’ commitment to launch three tokenization projects by the end of the year have all fueled the memecoin frenzy.

The timing is also excellent for POODL, especially in terms of Asia, as some of the region’s largest economies, such as Japan, are recovering from recession, and Tokyo, in particular, is expected to flex its fiscal strength in the coming months.

In addition, even when markets are in a bear market, memecoins are among the most resilient of all financial assets, performing well even when the overall market is down.

POODL is coming with a bang

You only have 8 days to lock in your POODL at the discounted presale price, and it will be listed on the DEX 60 minutes after the presale ends (August 16th 12:00 UTC). And with no lock-up or vesting period, early token holders may see interesting changes quickly.

POODL’s price rises every 72 hours, so lock in a guaranteed 17.90% return now — if you’re stylish enough.

Click to visit the Poodlana website for more information.

This article comes from a contribution and does not represent the views of BlockBeats