Poodlana Hits Milestone with MEXC Listing, Set to Hit Another Top Exchange on August 23

Poodlana went live on the decentralized exchange (DEX) after its highly successful presale that raised $8 million. Sentiment has moved a notch higher with the meme coin

Meme Coin Poodlana Hits First CEX Listing, Next Up Is…

August 19, 2023

Blockchains, CEX, Cryptocurrencies, DEX, Meme Coins, Poodlana, Solana, Top Events, Top Stories

After a highly successful presale that raised $8 million, Poodlana went live on the decentralized exchange (DEX) last week. Now, sentiment has moved a notch higher with the meme coin set to hit its first CEX listing.

More details about Poodlana (POODL) and latest top events are available on the official website.

Poodlana hits milestone with MEXC listing

On August 19, the Poodlana token will go live on MEXC – a new milestone that will then be followed by another top-tier exchange listing on August 23. That would be three major listings within days for the Solana meme coin.

With the MEXC listing, Poodlana is landing on a top crypto exchange with a global market reach. The latest ranking puts MEXC in 11th spot in the world by trading volume and among the top three in terms of markets.

The exchange’s market reach sees it command a daily trading volume of over $1.4 billion.

Moreover, MEXC supports over 800 coins and is one of the top tier exchanges for supported currencies, which includes USD, EUR, KRW, TRY and JPY. The exchange will initially list the POODL/USDT pair, with this coming at 12 pm UTC on Monday, August 19.

MEXC announced on Monday that the POODL Launchpad concluded successfully and deposits are now open ahead of listing in the Innovation Zone.

According to the team at Poodlana, MEXC is just the beginning of major milestones in the trading market. Three days after the first CEX launch, POODL will land on another top exchange, news of which has elicited massive speculation across the community.

Top of the speculation table is whether the next major exchange listing could be the world’s leading trading platform Binance. Poodlana has teased the next listing as set for August 23, 2023.

What next for Poodlana?

After making its debut on Raydium, POODL’s launch on MEXC and potential listing on another platform has only ramped up interest in the new Solana-based meme coin. The market visibility and new demand that this brings could be a major boost for POODL.

According to CoinShares, the past week showed a resilience for digital asset investment products with inflows of $30 million. While Bitcoin recorded significant inflows of $42 million and Ethereum slowed with just $4.2 million, there was a sharp drop for Solana.

However, despite the $39 million outflows, the market is largely bullish on SOL.

The picture is similar for the meme coin space on Solana, which experienced a massive decline in volume last week. Yet, the meme coin market looks primed for a new leg up and POODL could be among breakout performers.

Find out more about Poodlana and what’s next on the official website here.

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