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Bitcoin is currently down significantly versus its year-to-date high but the macroeconomic developments point to a strong comeback. 

Donald Trump, for example, picked pro-crypto senator J.D. Vance as running mate. He, in fact, is the first ever BTC holder on a presidential ticket. 

Earlier this year, the Trump campaign revealed plans of accepting donations in cryptocurrencies as well. 

Such developments signal a favourable environment for the crypto market if Donald Trump wins the 2024 U.S. elections and returns to the Office in November – the probability of which has increased after the recent attempted assassination of the former POTUS. 

Note that benefits of a pro-crypto government are unlikely to be restricted only to the likes of Bitcoin and Ethereum. Smaller, recently launched platforms like Poodlana stand just as much a chance to take advantage of it in the coming months. 

Let’s take a closer look at why Poodlana may be an exciting investment opportunity for 2024. 

Poodlana is an up-and-coming blockchain project that is powered by a fashionable meme coin of its own called the “POODL”. 

In a way, it could be a play at the fast-growing fashion industry that’s worth about $770 billion at the moment and is expected to command a valuation of $1.18 trillion by the year 2029, as per Statista. 

Plus, the rapid growth in the meme coin market that increased its valuation by over $20 billion within a couple years of the COVID pandemic could be another significant tailwind for the Poodlana token. 

You can find details that may help you make an informed decision about investing in POODL on its website on this link. 

Poodlana may be an exciting investment opportunity at writing as it’s slated to launch its presale on July 17th (tomorrow). 

That’s significant as it suggests you’re not late to the party. In fact, you can build an early position in POODL when it’s going for pennies only and profit significantly as its price continues to climb once every three days during the presale. 

What’s particularly exciting about Poodlana is that the team behind it has already committed to a DEX listing within sixty-minutes of ending the presale. That will likely drive more investors to POODL and unlock the next leg up in this meme coin. 

You can explore ways to participate in the Poodlana presale that commences tomorrow on its website. 

Note that the strength in Bitcoin is rarely ever restricted to the world’s largest cryptocurrency only. And political events are not the only catalyst that could drive the price of a BTC up in coming months. 

For example, the SEC has already approved the Spot Bitcoin ETFs and the crypto leader has gone through the halving event as well. The related supply and demand shock is expected to help its price rally well above its YTD high of $73,000 by the end of 2024. 

Once it rallies again, other cryptocurrencies may benefit as they typically do as well. Could one of those cryptocurrencies be POODL? That definitely is a possibility. 

If you’re convinced and would like to proceed with parking at least some of your capital in Poodlana, click here to visit its website now. 

The post Is Poodlana worth buying as Trump picks pro-crypto senator as running mate? appeared first on Invezz

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