Poodlana thrives as BTC, ETH, and other major cryptocurrencies rebound after Monday’s decline

Poodlana thrives as BTC, ETH, and other major cryptocurrencies rebound after Monday’s decline
фото показано с : invezz.com

2024-8-7 16:02

In the aftermath of one of the most challenging periods in cryptocurrency history, the market is exhibiting signs of recovery.

On Tuesday, major cryptocurrencies such as Bitcoin and Ethereum recorded significant gains, reflecting a broader market rebound influenced by global stock market movements driven by geopolitical and economic events.

This comes as the new meme coin Poodlana continues to defy the crypto industry’s prevailing gloom, raising over $5 million in less than three weeks.

This impressive performance positions Poodlana as one of the best-performing token sales of the year.

Bitcoin (BTC), and Ethereum (ETH) see significant gains

Bitcoin’s price surged to $55,640.00, an 8% increase over the past 24 hours. Despite a 16.61% decline over the past week, Bitcoin’s resilience is attributed to strong buying support at lower levels and an overall improvement in market sentiment. 

Ethereum experienced a notable 9% increase in the last 24 hours. However, it is still down by 24.51% over the past week. It was trading at  $2,502.85 at the time of writing. 

Polkadot (DOT) also saw a significant recovery, with its price rising by 10.64% over the past day. Despite this, it remains 22.93% lower than its price a week ago. 

Solana (SOL) and Ripple (XRP) bounce back

Solana’s price increased by 10.45% in the last 24 hours, marking a recovery trend. However, it is still down by 23.15% over the past week. 

Meanwhile, Ripple’s (XRP) saw a 6.61% increase in the last 24 hours, though it remains down by 15.27% over the week. Ripple’s ongoing legal battle with the US Securities and Exchange Commission (SEC) continues to create uncertainty. 

Similarly, Shiba Inu experienced a significant 13.16% increase over the past day, despite being down by 17.80% over the week. 

Poodlana token sale thrives amid crypto market challenges

Poodlana, the new meme coin, is defying the prevailing challenges in the crypto industry, raising substantial funds during its ongoing token sale.

In less than three weeks, developers have successfully raised over $5 million, positioning Poodlana as one of the best-performing token sales of the year.

Users can purchase Poodlana tokens using various cryptocurrencies and even the US dollar. Among the most popular tokens used for payment are Ether, Tether (USDT), and USD Coin (USDC).

Poodlana aims to become the next big sensation in the crypto industry, aspiring to replicate the success of meme coins like Shiba Inu, Floki, Pepe, and Doge.

The name Poodlana combines “Poodle,” a beloved dog breed in Japan, with “Solana,” a blockchain favoured by meme coin developers.

Building on the Poodle’s popularity, the developers are also targeting the luxury market. Poodlana has branded itself as the Hermes of the crypto industry in its marketing efforts, aiming to attract a high-end audience.

The Poodlana token sale stands out for two unique reasons. First, its price is on a steady rise, reaching $0.0416 on Tuesday. By the end of the sale, the price is expected to hit $0.0458, offering early buyers a significant advantage.

Second, the POODL token will begin trading just 60 minutes after the presale ends, allowing buyers to quickly start selling their tokens.

This rapid transition from presale to trading is a notable feature of Poodlana’s approach.

For more details on the POODL token, click here.

The post Poodlana thrives as BTC, ETH, and other major cryptocurrencies rebound after Monday's decline appeared first on Invezz

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Market.space (MASP) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 MASP

market cryptocurrencies rebound major recorded ethereum global

market cryptocurrencies → Результатов: 126


Фото:

Bitsz: A Mission to Save The World of Cryptocurrency Exchanges

The cryptocurrency market is heating up. A surge in demand for cryptocurrencies across the board has seen projects all-round reach new all-time highs in recent months. Indeed, the total market capitalization for call cryptocurrencies crossed the key $2 trillion level earlier this year, led by the market’s leader, Bitcoin (BTC).  BTC itself tripled since DecemberRead More

2021-3-22 14:43


Introducing Cryptoindex – the platform that has the potential to be the

The “Dow Jones” of the Crypto Market[i] Private Sale of CIX100 Token to Begin Today The rapid growth of cryptocurrencies has attracted professionals and amateur investors worldwide. Cryptocurrencies now hold a market cap of more than $300 billion, a cap that according to many analysts will almost certainly reach $10 trillion in the not so […]

2018-7-2 16:28


Introducing Cryptoindex – the Platform that has the Potential to be the “Dow Jones” of the Crypto Market. Private Sale of CIX100 Token to Begin Today

The rapid growth of cryptocurrencies has attracted professionals and amateur investors worldwide. Cryptocurrencies now hold a market cap of more than $300 billion, a cap that according to many analysts will almost certainly reach $10 trillion in the not so distant future [ii].

2018-7-3 15:49


Fondo Network: Quality Cryptocurrency Trading Exchange?

What Is Fondo Network? Fondo Network Exchange is a cryptocurrency trading network that seeks to become a prominent service within the cryptocurrency market. Under the network exchange, Fondo hopes to provide users with all the facilities to enable them to purchase or sell their cryptocurrencies and other digital assets. Their leading exchange platform will also look […]

2018-7-1 11:16