Pudlana Token Sale from Raydium Listing $8M
As a shopkeeperThe fast-growing Solana meme coin, after running one of the most successful token sales of the year, is set to list on Radium on Friday.
The list of Pudlana tokens is coming up.
With four hours to go, the developers have raised more than $7.9 million from investors, a figure that could exceed $8 million.
Pudlana, unlike other cryptocurrencies that spend months before listing on exchanges, starts trading immediately after the sale ends. Exactly, after one hour it starts trading in radium.
Radium evolved into the very popular Solana DX. According to Defi Lama data, the network has more than $910 million in assets in the ecosystem. At the same time, it continues to gain market share by handling more than 2.7 billion dollars worth of transactions in the last 7 days.
Radium is not the only exchange expected to list Pudlana. MEXC, one of the largest crypto exchanges in the world, has promised to list the token on August 19, while the developers will list it on a major Tier 1 exchange – possibly Binance or OKX – on August 23.
The listing of the Poodlena token is the start of what is expected to be a long journey to make the POODL token one of the biggest mime coins in the world. After the launch, the developers will continue to market the token to make it the most popular asset in crypto.
The next step involves building the ecosystem, such as promoting staking, where users can earn returns. They will also launch additional airdrops and bonuses to reward long-term carriers.
Ecosystem development is important in the Memcoin industry, which is often short-lived. Just this year, many commemorative coins like mommy, daddy and water have been added, attracting buyers and now mounted.
Pudlana appeal
Pudlana hopes to change the nature of short-lived meme coins. As part of its appeal, the developers named it the poodle, the most popular Japanese dog that sells for more money than brands like the Shiba Inu and Floki.
At the same time, it is a luxury brand that sees itself as Hermès, the most popular brand among celebrities. Shares of most luxury brands such as Kering and Burberry fell, while Hermes stock hit a record high.
Now that cryptocurrencies are retreating and sentiment is waning, there are other reasons to be bullish on Pudlana. In a statement, noted crypto analyst Miles Deutscher said; He gave a hint It is likely that this boring phase may be a form of accumulation and cryptocurrencies may soon return to their previous levels.
We are re-entering the indifference/periodic phase.
In the last 2 weeks:
• Crypto YT views down ~-30% • Coinbase app ranking dropped from #159 to #502 • Transaction volume down -21% (Binance)
arrest Things are getting worse.
— Miles Deutscher (@milesdeutscher) August 14, 2024
The main incentive for these coins will be the upcoming Federal Reserve interest rate cut, the end of summer and the end of the US election. You can buy it POODL token here.
