Pudlana ignored crypto sales as token sales approached $5 million.

Investors have poured billions of dollars into cryptocurrencies due to concerns about Japan, the US election and technical structures. No crypto was spared, Bitcoin fell below $50,000 and Ethereum moved to $2,335. Other cryptocurrencies such as BNB, Solana and XRP fell by double digits.

Poodlena token sale is booming.

Cryptocurrency investors are still piling in. As a shopkeepera new crypto token that aims to dethrone popular meme coins like Dogecoin, Brett and Pepe.

According to the website, Pudlana has collected more than $4.991 million in less than three weeks. This growth makes it one of the best performing token sales of the year.

The popularity of the Pudlana is due to its good marketing and the fact that it is named after the Poodle, a very popular Japanese dog breed.

The developers are marketing it as the crème-de-la-crème of the meme coin industry. In fact, in the fashion industry it is associated with Hermes, whose simple bags cost thousands of dollars.

The token sale has also become very popular due to the developer's approach. For example, the POODL token is increasing after a few days, which means that those who bought it earlier will get it at a discount.

Also, unlike token sales that go untraded for months, Pudlana starts trading 30 minutes after the sale ends. Investors will be able to trade the token on August 16 at noon.

Many investors buy Pudlana and other token sales in hopes of making big bucks when they list. Historically, many investors have invested in token sales. Just recently, many meme tokens like PopCat, Pepe, and Brett created millionaires on the go.

However, it is always good to adopt the best risk management strategies when buying presale tokens. Ideally, you should not invest money that you are not comfortable with losing, as we saw on Monday, the industry can crash. You can buy a Pudlana token. over here.

Why are cryptocurrencies falling?

There are a few reasons why Cryptocurrencies fell. First, they gave up on lingering recession fears after last Friday's weak jobs numbers. The data showed the economy added just 114k jobs in July, pushing the unemployment rate to 4.3%.

Second, there are concerns about Japan, where the country's central bank has begun raising interest rates. This is important because Japan is the world's third largest economy and one of the largest buyers of foreign assets. Also, the hike occurred at a time when other central banks were cutting rates.

Thirdly, there is concern that Donald Trump will not win the presidential election. Most crypto investors believe Trump would be a better president for the industry. For one, he promised to fire SEC Chairman Gary Gensler on day one.