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Key takeaways
- POODL is up 4% in the last 24 hours and could rally higher soon.
- Bitcoin is approaching $69k again after adding 1% to its value over the weekend.
$POODL adds 4% as Bitcoin eyes $69k
$POODL, Poodlana’s native token, has performed well over the weekend. The token’s price is up 4% over the last 24 hours, outperforming Bitcoin and other leading cryptocurrencies.
Poodlana is trading at $0.00334 at press time and could rally higher in the coming hours or days. The Poodlana token is available to investors on several leading crypto exchanges, including MEXC, BingX, and Raydium.
Poodlana’s rally comes as Bitcoin looks to retake the $69k level. BTC added less than 1% to its value over the last 24 hours, trading at $68,371 per coin.
What is Poodlana?
With the cryptocurrency market performing well in the last few weeks, gems in the market continue to gain traction from investors. Poodlana is one of the promising projects in the Solana ecosystem that is attracting investors.
As a Solana-based meme coin, Poodlana aims to introduce the glamor of high fashion to the crypto world. The project promotes the ethos of community while providing utility to users.
The team is leveraging the Poodlana breed’s popularity in Asian countries like Japan, Korea, and China to build a strong community for this project. With a strong community, Poodlana could become one of the leading Solana-based meme coins.
Should you buy POODL today?
$POODL is down 91% from its all-time high and could be an excellent opportunity for investors to buy the tokens at a discount. The Poodlana team is working hard to introduce utility to the project as they target a market cap of at least $1 billion.
Read more about the Poodlana project here.
This article first appeared at CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison
