The recent bull market saw Bonk’s and Dogewifhat’s market capitalization grow to $2.3B and $1.46B respectively.
But they’re on a decline now. All meteoric pumps should be followed by a dump, and meme coins are particularly vulnerable to the trend. With more dumps on their way, these meme coins make little sense for new investors at this juncture.
That explains why they’re increasingly diversifying into new alternatives like Poodl Inu, which is cited as a potential Shiba Inu killer.
A Daring and Clever Narrative
Poodl Inu’s surging popularity stems from its bold narrative:
“Poodl Inu is gonna be a star! His face is gonna be plastered over every crypto website, crypto influencer, and YouTube video in the entire world. Normies and non-believers are gonna be crying into their $0.25 bowl of microwave ramen for not buying during Presale.
Global Campaign=Glorious Gainz,” proclaims the website.
Although there are a plethora of dog-themed coins saturating the market, Poodl Inu manages to mark itself off from the crowd. The bold depiction of the character captures the attention of the speculative meme coin community with its charisma.
The popularity of dog-themed meme coins, and the widespread love for Poodles in general, further instill faith in Poodl Inu’s narrative.
Poodl Inu sets a radically new example in the meme coin market. It is positioned to lead the 2024 bull rally in the next phase, with the presale crossing $1.5M already. Investors who make early entry into the project are looking at attractive potential gains.
Taking a New Meme Coin Path
Poodl Inu is focused on building a strong foundation in the crypto market. It emphasizes utility alongside generating speculative interest to cement its position among the top meme coins for the long term. To realize this vision, Poodl Inu diverges from the typical path followed by most meme coins.
Resilience is built into its robust utility ecosystem and fair tokenomics.
For example, a core pillar of the Poodl Inu ecosystem is DEX Dog Park. It fully embraces the viral nature of meme coins while aspiring for long-term sustainability. More details of DEX Dog Park have yet to be announced. But it is likely a decentralized exchange for similar dog coins.
The utility ecosystem will set apart $POODL from meme coins that experience rapid price fluctuations due to their pure focus on speculation. It ensures that the price dynamics of $POODL remain intact even as initial hype and speculative pumps wane.
The tokenomics is designed to survive dumps. The token will stay relevant due to its utility, even as speculative traders move on to newer options with lower market caps. The intrinsic utilities will sustain their price action, in stark contrast to the popular trend where sudden surges are often followed by rapid declines.
Staking adds to the utility and demand of the token, contributing to its resilience in both the short and long terms. Staking incentives and potential practical use cases, combined, have fuelled traffic to the Poodl Inu presale. The solid utility framework gives $POODL the potential to navigate the volatile crypto landscape and potentially secure a top 5 position on the meme coin list.
ON TOP OF THE WORLD!!!
Make sure to follow for all project updates! pic.twitter.com/docCs5DqIs
— Poodl Inu (@poodlinu) March 17, 2024
Can Poodl Surpass BONK and WIF?
Poodl has the potential to surpass BONK and WIF in 2024, both in terms of market capitalization and ROI.
Poodl Inu holds a significant advantage over these two meme coins due to its substantially lower market cap and quirky narrative that has gone viral.
New investors in BONK and WIF are now expecting moderate returns due to their large market caps. The crucial relationship between market cap and growth potential favors POODL at this point.
For meme coin investors seeking large gains, Poodl Inu presents a compelling opportunity. The departure from the conventional depiction of poodles and meme coins underscores its viral aspect, while the utility-based authenticity earns it a place among evergreen meme coins such as Dogecoin, Shiba Inu, and Pepe.
$POODL Presale is Live With Attractive Staking APY Up to 145%
New meme coin investors are moving towards Poodl Inu, which just crossed the $1.5 million presale milestone.
The ideal entry point for investors looking to seize maximum returns from Poodl Inu is the presale, which features a gradually increasing fixed price structure. Staking has already commenced, allowing investors to put their tokens to work right from the presale stage.
The increasing interest in the $POODL presale has ignited a new wave of FOMO and speculative action. The growing demand for the token hints at a grand exchange debut, which can potentially take the token 10X to 100X up the charts, depending on the broader market environment.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.