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In less than two weeks Poodlana has done what many presales take months to achieve: this stylish force of nature with its POODL token has raised $3m.
This shouldn’t be a shock: Solana meme coins like Poodlana have been the narrative of 2024. From key players in the SOL meme coin craze, like Bonk, up over 8000% at press time, to newcomers like michi up +500% after just a few months, 2024 has been filled with Sol meme coin success stories. And with more than 15,000 community members across X and Telegram alone, a small army of gains-hungry investors is forming.
Strategic focus
The high fashion/poodle focus is not just a new season look. It’s a deliberate tactic to captivate the Asian meme coin market, the most active trading region for meme coins. Both poodles and luxury fashion equate to big bucks in East Asia: poodles are the ultimate dog to be seen with, popular with Korean celebs, and Tokyo Instagrammers, making this the perfect, untapped trend for a new meme coin to latch on to.
Citizens in the Far East are often more interested in their pets than parenthood, and many luxury brands like Dior and Gucci offer an alternative to shopping for cute baby clothes with products designed specifically for poodles.
This ties in neatly with the fact that Asia is absolutely crazy about luxury fashion. South Korea spends more on luxury than the US, with East Asian countries seeing luxury fashion as a mandatory status symbol. With Poodlana, at long last, Asia has a meme coin that knows exactly what the region wants. And with Japan’s economy back in play, a bag of Poodlana is offering itself as the ultimate digital accessory to complete the look.
An original take on a common theme
Let’s face it, the meme coin space is drowning in all things Shiba and Doge. Every other coin is another derivative of this tired and drab meme coin trope. Now that the meme coin epicentre of Asia has a dog coin they can own, all good trendspotters can see that the days of doge theme coins could be numbered.
The $3m raised in just 2 weeks could well have been created by investors seeing the potential in a new breed of dog.
Presale structure and listing plans
Meme coin investors don’t like waiting around, and no investor likes uncertainty. Poodlana rejects both of these outcomes faster than last season’s bargain basement fodder by offering investors two things: a rapid fire 30-day presale ending on 16th August, and guaranteed exchange listing within 60 minutes of presale completion.
Presale prices rise every 72 hours, meaning the gains are constantly bubbling up and quick investments can pay dividends. Plus, with such a swift listing, the mountains of presale bullishness transfer immediately to the open market: trading (and sky high POODL prices) can happen instantly. With 80% of meme coin trading happening during Asian hours, Poodlana has an army of hyper engaged traders.
Now is a very special time
With Ethereum ETFs already here and posting +$100M net inflows on day 1, there’s talk from big names like JP Morgan that an altcoin season is just inches away. There’s also the Solana ETF in the mix, which means it’s likely only a matter of time before Solana follows in ETH’s footsteps, opens up to a wider audience, and sees a boost to its ecosystem in the longer term.
Poodlana may be focused on the Asian market, but investors everywhere have seen the writing on the wall and are privy to Poodlana’s potential. Visit the Poodlana website to buy POODL. The presale ends on 16th August and prices are rising every 72 hours.
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