Pudlana investors will see more returns among the buying opportunities
When major cryptocurrencies struggle, smart investors know there is a chance to buy low. While the sat stockpiling is a big step, traders and investors are closing in on the opportunity to strike a gem.
A newly launched cryptocurrency Poodlana (POODL) that has caught the attention of meme fans and fashion-oriented investors is one of the Solana meme coins that could offer a big opportunity.
More on the project below.
Crypto losses and opportunities
The current market pain is not the first time that crypto traders are in the water in most places. It's also unlikely that many high-profile projects will move past previous highs or move to new heights.
This means that while most crypto assets continue to wallow in depression, the long-term view is that recovery will occur. Analyst forecasts for bitcoin and ethereum are high amid rising investor interest following the launch of cryptocurrencies. Other altcoins are also likely to fly higher if market conditions and indicators correct.
According to analysts at Santiment, this includes Toncoin – which has risen 31% since news of the arrest of Telegram CEO Pavel Durov in France. According to Santiment analysis, traders looking for profitable deals may want to look at sunny altcoins. Such projects offer a relatively “low risk” buying opportunity.
This view also applies to newly minted coins, which may see a significant increase in buying activity once markets begin to rally.
What is Poodlena?
Podlana (POODL) raised $8 million in a viral 30-day presale in Asia. After going live on Radium within 60 minutes of the pre-sale closing, the project quickly landed on crypto exchanges MEXC and BingX. POODL is also listed on CoinMarketCap and CoinGecko.
Although these milestones are known, what distinguishes the Pudlana from other commemorative coins on the Solana? The ability to attract not only crypto traders but also the fashion-centric community is a plus for the new dog-themed meme coin.
As the crème de la crème of the meme fashion world, Pudlana reigns supreme over other dog-cap-themed tokens.
Does Pudlana offer a shopping opportunity?
As indicated in the roadmap, the benefits of its launch on the DEX and CEX platforms have increased public confidence. Much of Memcoin's focus is shifting from political tokens or politify to ones that have growth potential beyond the US election cycle.
Pudlana is seeing most political tokens depreciate when this view gains the POODL token. If the milestones of the project's roadmap are for example with top industry platforms as well as partnerships in the fashion world, it can be a basis for further adoption.
Despite this negative view, it should be noted that crypto and cryptocurrencies in particular are volatile and risky assets. Due diligence is always crucial.
To learn more or see what Pudlana is, start here.