Solana Leads Crypto Recovery As Poodlana Raises $5M

• Solana is leading the crypto market’s recovery, up by 15% after a tough weekend.
• SOL meme coin Poodlana has raised $5 million as it nears the end of its limited, discounted presale.

Crypto is bouncing back after its very own “Black Monday”, with Solana leading the recovery amongst the largest tokens. On-chain data shows that Asian markets are behind the rally—the same markets that have now propelled viral meme coin Poodlana to a $5 million presale raise.

The Solana-based token is ripe to benefit from this surge, and international investors are now swarming around POODL as it enters the final two weeks of its limited 30-day presale.

Green Tuesday

The last three days saw crypto bleed extensively, but bulls have been dutifully buying the dip.

Bitcoin has now stabilized back above a $1 trillion market cap, but it’s Solana grabbing headlines, charting a 15% bounce over the last 24 hours. Buy pressure has come from Asian traders, solidifying the region’s reputation as a key driver of the crypto markets.

These same traders were responsible for the rise of Poodlana—the meme coin, currently in presale, that went viral after launching in mid-July and raised $1 million on its opening day. The factors behind this affinity include Asia’s love for poodles and high-fashion, both cornerstones of Poodlana’s branding, as well as the meme coin market’s domination by Eastern traders.

It makes sense, then, that this Asia- and Solana-led recovery in the crypto market has spurred Poodlana on to an incredible $5 million raised in less than three weeks. Optimism has remained high amongst POODL bulls, and the same people buying the dip across the broader market are picking up stacks of Poodlana while it is still available at a hefty discount.

On top of this, meme coins are oversold after Monday, meaning the market currently views them as undervalued. This adds further impetus to the already massive appetite for memes like the viral Poodlana, and indicates that POODL could be at $6 million or more before you can blink.

Discount days are numbered

There are only ten days left of the Poodlana presale, after which public trading begins—and with the market looking the way it is, there’s plenty of reason to expect a big pump on day one.

The presale ends just next Friday, at 11 a.m. UTC on 16th August. A mere one hour later, POODL will list on Raydium at a price of $0.06, meaning that those who buy today at $0.042 already have gains locked in when it begins trading.

Raydium’s huge recent volumes have POODL bulls excited, but this pales in comparison to the hype surrounding the project’s recent announcement. Poodlana recently announced it will be listing on a major CEX shortly after the ICO, and the liquidity and visibility this will bring could be huge for the viral meme.

These converging tailwinds, perfectly synchronized with renewed positive sentiment, a defiant Asian market, and a resolute meme coin audience, provide the backdrop for what could be an enormously successful day for Poodlana next Friday.

Time to move

For those who can recognize the patterns at play and see the upside potential of Poodlana, now is arguably the best time to buy.

You’re not too early: demand has been established, and nobody can doubt the popularity of a coin that’s raised $5 million in less than three weeks. And, thankfully, you’re not too late either. With POODL currently at $0.042, there’s still time to buy at a discount, and gains of nearly 50% given the Raydium listing price of $0.06.

But that’s just the beginning. With CEX listings on the horizon and the market pumping again, led by Solana and Asian traders, Poodlana is truly ready to dazzle this month.

The official Poodlana website is the only place you can buy POODL before 16th August. Head there to learn more and purchase tokens.