Poodlana, the Viral Meme Coin Taking Markets by Storm, Raises $4M as Solana Presale Nears Halfway Point

The token initially went viral in Asia, where Poodlana's fusion of high fashion and poodle passion resonated with cultural norms in countries like Korea and Japan.

Solana (SOL) meme coin Poodlana has now raised $4 million as its presale nears the halfway point and prepares for exchange listings.

The token initially went viral in Asia, where its fusion of high fashion and poodle passion resonated with cultural norms in countries like Korea and Japan, which are hotspots for both luxury goods and poodles. Top Korean influencers have been posting about Poodlana on YouTube and popular local sites like Naver.

This demand, along with POODL’s explosive debut in Asia, has led to widespread interest in the token in the West as the limited-time presale marches toward its Aug. 16 finale. The presale closing will be immediately followed by a DEX listing at 12:00 PM UTC.

Poodlana is currently available for $0.0375, with the price increasing every 72 hours. It will list on Raydium on Aug. 16 at a price of $0.06 and can only be purchased on the Poodlana website until that date.

Solana meme coin set for exchange listingPoodlana is already a massive beneficiary of Solana’s continued popularity and could maintain current levels of inflows if the Layer-1’s standing improves over the coming months.

Crypto’s outlook in the U.S. suddenly looks much rosier, thanks to the emerging support of presidential candidates Donald Trump and Robert F. Kennedy, Jr., and the predicted consequences of the election of either man.

A more favorable regulatory environment would be huge for Solana, and ETF approvals could provide both long-term legitimacy and a strong bull case for SOL-based tokens like Poodlana. Just look at the effects of Bitcoin ETFs on the BTC ecosystem — Runes and BRC-20 tokens both took off in their wake.

Solana DEX Raydium, Poodlana’s destination after the presale, also saw all-time high volumes this week, with an astonishing $12 billion in volume transacted on the platform. This shows that the Solana meme coin market is rabid for new projects, and this volume could pour into POODL on its Aug. 16 Raydium debut.

Poodlana catwalk continuesThe “Crypto Fashion Month” program that accompanies the POODL presale kicked off with a show-stopping video and is now in full swing, with the first weekly meme contest concluding on July 29. The winner took home $2.5K in USDT, and these rewards will no doubt continue to build community sentiment going forward.

Poodlana’s X audience of more than 16K followers across all languages is growing, and big names are starting to take note. Major Japanese and Korean influencers with hundreds of thousands of followers are posting about the project on social media, drawing even more attention from the Eastern markets that initially catapulted POODL to a $1 million day-one raise.

Global eyes are on Poodlana for another reason, too: In a mysterious tweet, the project announced “a deal to list on one of the top exchanges in the world” after the initial DEX listing, which will no doubt bring about more accessibility and liquidity to fuel continued inflows as POODL’s lifespan develops. Which exchange could this be?

The clock is tickingThere are only 15 days remaining of the presale left, meaning that opportunities to pick up POODL at a discount are rapidly fading: POODL is currently priced at $0.0375, with prices increasing every 72 hours until the presale ends at 11:00 AM UTC on Aug. 16. This offers a huge discount over the Raydium list price of $0.06.

With just one hour between presale completion and Poodlana listing on Raydium, current momentum could easily transfer into the realm of public trading, potentially making a big splash in the market.

Head to the Poodlana website to learn more and purchase POODL tokens.

The above is the detailed content of Poodlana, the Viral Meme Coin Taking Markets by Storm, Raises $4M as Solana Presale Nears Halfway Point. For more information, please follow other related articles on the PHP Chinese website!