- The pre-sale worth of the Poodlana has reached $3.5 million, and the value is predicted to extend additional.
- Bitcoin hits $69,000 on Trump’s pro-crypto feedback.
- E book of Memes gained 20% amid robust technical patterns and market curiosity.
As August involves a detailed, the cryptocurrency market continues to evolve with thrilling developments and notable traits. Three cryptocurrencies stand out for his or her potential to garner vital consideration and drive market momentum: Poodlena (POODL), Bitcoin (BTC), and E book of Memes (BOME).
Every of those property is inflicting a stir in its personal approach, whether or not or not it’s by way of revolutionary pre-sales, vital worth will increase, or rising market traits.
Pudlana, Bitcoin and E book of Memes (BOME) are value keeping track of till the top of August.
1. Poodlana: A brand new Solana meme coin that is making waves in pre-sales
Poodlena (POODL) is rapidly turning into well-liked within the crypto area, particularly within the meme coin sector. Launched on July 17, 2024, Pre-sale of Poodlana In lower than two weeks, it has raked in a powerful $3.5 million.
This surge in curiosity highlights the rising pleasure round this new entrant available in the market.
The inspiration behind Poodlena is equally charming. This cryptocurrency is impressed by the allure of the Poodle, one among Asia’s prime canine breeds, combining fashion-forward enchantment with the meme coin development.
This mix is interesting to each buyers and fans, contributing to its speedy development.
With solely 17 days left within the pre-sale, the token is ready to be listed on its first decentralized trade (DEX) on August 16.
The presale worth is designed to extend after each 72 hours. The worth was $0.0335 at press time and was anticipated to rise to $0.0375 within the subsequent presale section.
It’s estimated that will probably be priced at $0.06 on crypto exchanges, giving early patrons an opportunity to revenue from a probably profitable alternative.
Poodlna’s tokenomics are additionally noteworthy. With a complete provide of 1 billion tokens, 50% is on the market in the course of the presale, and 100% will probably be unlocked after the ICO sale.
The rapid itemizing of tokens on a DEX following the pre-sale is designed to eradicate uncertainties and should induce vital worth motion because the mission transitions from pre-sale to public buying and selling.
2. Bitcoin: Seeing elevated exercise after the Bitcoin 2024 convention
Bitcoin (BTC) stays a cornerstone of the cryptocurrency market, and its current efficiency underscores its continued relevance and affect.
Up to now 24 hours, bitcoin price has elevated by greater than 3%, surpassing the $69,000 degree. This worth enhance displays the broader bullish development available in the market, which has been additional fueled by current occasions.
Former President Donald Trump’s pro-crypto speech at a Bitcoin convention has been a key driver of Bitcoin’s current features.
Trump promised to halt federal bitcoin gross sales and make the US the worldwide chief in cryptocurrencies if re-elected. His feedback have infuriated the crypto neighborhood, contributing to bitcoin’s restoration and pushing it nearer to the $70,000 mark after buying and selling as little as $63,000 final week.
This rally has additionally had a optimistic affect on different tokens related to Bitcoin. For instance, Bitcoin Cash (BCH) And Bitcoin SV (BSV) Monday noticed huge features of over 14%. BSV particularly noticed a dramatic 16% surge over yesterday, indicating a powerful restoration regardless of a forty five% drop to this point this yr.
Bitcoin continues to dominate the market and its worth has surged near $70,000, so it stays an essential asset to regulate in August.
3. E book of Memes (BOME): One other meme coin primarily based on Solana that’s turning into more and more well-liked
E book of Meme (BOME) is quickly rising within the Solana ecosystem. Current developments have revealed a major bullish development for this meme coin. A mixture of technical patterns and broader market actions noticed BOME rise 20% to $0.0105.
The token’s spectacular rally has been strengthened by a golden cross sample, the place the 50-day exponential shifting common (EMA) is above the 200-day EMA, indicating robust bullish momentum.
Furthermore, BOME has proven resilience by recovering from the drop that occurred in early July. After retesting the $0.0065 help degree, the token managed to interrupt the foremost resistance at $0.0095 and climb to $0.01065.
The relative power index (RSI) additionally broke bearish divergence, including additional help to the optimistic outlook.
Regardless of this, merchants ought to stay cautious, because the RSI coming into the overbought zone and potential volatility from the upcoming Federal Open Market Committee (FOMC) assembly might affect worth actions.
The rising curiosity in BOME can also be evident from the 74% enhance in futures open curiosity. This displays rising curiosity available in the market, but in addition alerts the potential for elevated volatility and subsequent corrections.
The looks of an inverse head and shoulders sample on the day by day chart signifies a possible 41% enhance to $0.013, making BOME a key cryptocurrency to observe carefully in August.
conclusion
Whereas Poodlena (POODL), E book of Memes (BOME), and Bitcoin every current engaging bullish indicators for August, Poodlna seems to be essentially the most promising choice.
With its pre-sale at present ongoing, Poodlana gives a transparent worth development path till the DEX itemizing on August 16, offering a extra predictable funding alternative.
In distinction, Bitcoin and E book of Memes are topic to market volatility, which might result in vital worth fluctuations. For these searching for a extra structured and probably profitable funding, Poodlana’s presale section gives a singular and advantageous state of affairs.
However, it’s all the time essential to conduct due diligence earlier than making any crypto investments as a result of unstable nature of the crypto market.
