The $1m raised on day 1 of Poodlana’s presale should be a shock to nobody. This new Solana meme coin is walking a never-before-trodden path
Solana meme coin Poodlana has already raised an impressive $1m on day 1 of its presale, in a move that should come as no shock to those following the recent trends in the Asian crypto market.
With 30 days of presale remaining and an exchange listing coming 60 minutes after its completion, momentum is building for the first-ever poodle meme coin. Here’s why Asian investors are flocking to Poodlana.
80% of meme coin trading volume occurs during Asian trading hours
Many meme coin investors in the West are unaware that the vast majority of meme coin trading takes place during Asian trading hours, with some estimates putting the figure as high as 80%.
This is due to the fact that Asia is the hub of retail crypto trading, and meme coins are particularly popular among first-time investors thanks to their low prices and potential for huge gains.
As a result, investors in the West often miss out on the biggest meme coin trends until after they have already happened. However, Poodlana is now presenting a unique opportunity for those who missed out on the biggest dog meme coins of 2023.
If the virality that Poodlana is seeing in Asia manages to spill over into ‘Western’ markets, we could see unprecedented growth especially when it lists on the 16th of August.
Poodlana is targeting the Asian market in a way that no other meme coin has done before
Poodlana is playing a unique and hyper-focused game. It’s a deliberate deviation from the played-out Doge and Shiba Inu derivatives we all know and could be the catalyst for an entirely new breed of coins.
While other meme coins are content to ride the coattails of the Shiba hype, Poodlana is striking out on its own with a unique identity and narrative that is sure to resonate with the Asian market.
Poodles are among the most popular dog breeds in Asia and even have an Asia-specific grooming style, making Poodlana a coin that is specifically tailored to the market that is most likely to invest in it.
Moreover, as the first-ever poodle-themed meme coin, today presents investors around the world with a unique opportunity to get entry at the lowest possible price point before this explodes.
The Asian market loves fashion as much as it loves poodles
Another genius marketing tactic that Poodlana is employing is merging poodles with high-end fashion, playing into Asia’s obsession with luxury retail.
You might have heard of the Louis Vuitton bag that is being dubbed “the three-second bag” in Korea due to how often you can spot it on Korean streets, or how China has been devouring luxury goods at an ever-increasing pace – a nation of 1.5 billion that needs more Gucci and Prada than most.
To top it all off, Web3’s merging relationship with fashion is another bullish wave that’s quietly showing promise in the Asian market as metaverse platforms and digital designers eye up this opportunity, meaning Poodlana could benefit from an underlying and growing trend in crypto.
Solana dog meme coins have been some of the biggest gainers of 2024
Let’s not forget that dog-themed meme coins, especially on Solana, have been some of the biggest gainers of 2024. Myro, Dogwifhat, and Bonk have, as we know, made +1000% gains this year.
Meanwhile, lesser-known coins like Billy and Cheems, have pumped by as much as 200% and 2500%, respectively. There is also a growing number of dog-themed meme coins originating directly from Asia: Dogei managed to climb as much as +800% within the past 30 days.
Poodlana has been eyeing this action carefully and has harnessed the blossoming appeal of dog-themed coins, twisting it into a fresh, original altcoin ready to start a new wave of Solana-powered price action.
Poodlana could outpace the biggest dog coins
As if the coin itself didn’t show more promise than a prize pup in a Tokyo dog show, the presale tokenomics are a reason to be bullish in their own right.
With just 27 days remaining and an exchange listing scheduled for 60 minutes after presale completion, momentum grows by the hour. There will also be no vesting schedule, so traders can jump on the gain train with POODL right from the get-go.
To buy the POODL presale, visit the Poodlana website.
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