Die ehemaligen FTX-Führungskräfte Nishad Singh und Gary Wang, die beide im Strafprozess gegen Sam Bankman-Fried ausgesagt haben, sollen noch in diesem Jahr verurteilt werden.
Bitcoin eyes the $60k level as Tequila’s fair launch commences today
Key takeaways
- Bitcoin traded above $59k earlier today and could reach the $60k psychological level soon.
- Tequila’s presale commences today as investors eye the next Solana meme coin.
Bitcoin targets $60k
The cryptocurrency market suffered huge losses last week but is slowly recovering. Bitcoin, the leading digital currency by market cap, briefly touched the $59,200 level earlier and now trades at $59,003 per coin.
The major catalyst behind this positive performance is the increased inflow in spot Bitcoin exchange-traded funds (ETFs) in the United States. Furthermore, the US Federal Reserve chairman Jerome Powell also discussed the possibility of interest rate cuts this year while addressing the Congress on Tuesday.
Tequila (JULIO)’s presale commences today
Tequila’s presale launch coincides with this week’s market recovery, with institutional investors pouring funds into spot Bitcoin ETFs and other asset classes. The $JULIO token will launch on the Solana blockchain thanks to the network’s speed, transparency, and other unique qualities.
According to the development team, Tequila is Mexico’s gift to the world from the agave fields of Jalisco. Its $JULIO harmonises the unending fun of tequila-fueled nights with the upside of a memecoin. With $JULION, investors will own a token combining tequila’s allure, one of the world’s most popular distilled liquors, with the excitement of meme coins.
The project has several stages, with the first phase launching today. The phases are Agave Plating, Distillation, Aging, and Bottling. Each phase contains milestones that the team intends to achieve.
The various Tequila phases
As stated above, Tequila (JULIO) has several phases, with the first phase launching today. Tequila seeks to establish a strong foundation within the crypto community and get listed on CoinMarketCap and CoinGecko.
The Agave Plating includes the $JULIO fair launch (which commences today), marketing push, and listing on CoinMarketCap and CoinGecko. In the distillation stage, $JULIO will be listed on centralised cryptocurrency exchanges. However, the team is yet to reveal the crypto exchanges its token will initially launch.
The Aging phase of Tequila’s roadmap includes listing on tier-1 centralised exchanges and its Tequila-themed parties. Bottling is the last phase and comprises Tequila’s Meme utility, the launch of $JULIO on Layer-3, and the creation of Tequila spirit with payments exclusively made in $JULIO.
In terms of tokenomics, there would be a total of 100 million $JULIO tokens. 90% of the tokens would be available for public acquisition and the remaining 10% for marketing activities. The initial liquidity and starting price will be decided at a later date.
Tequila’s launch comes at a time when there is high interest in meme coins, especially Solana-based meme coins. With its unique value proposition, Tequila could quickly become one of the leading meme coins on the Solana blockchain.
Read more about the Tequila project here.
Is $JULIO worth your investment?
The best time to buy tokens at a discount price is during their presale. With the explosion of meme coins, this could be the perfect opportunity to buy $JULIO tokens at a low price.
Tequila wants to become a leading meme coin by introducing a fresh perspective with its thematic approach. With the right level of adoption in the market, $JULIO could be amongst the top winners in the current bull cycle.
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Poodlana sparks fresh interest in Solana meme coins
- Poodlana, a new meme coin set to launch on July 17, is attracting huge attention.
- The POODL token is an inspiration of Asia’s beloved dog breed and fashion accessory – the poodle.
- Poodlana will launch via a 30-day presale, with token sale price starting at $0.02.
It’s been a tough ride for bulls in the crypto market in recent weeks, with top coin BTC battling massive sell-off pressure.
But cryptocurrencies are showing signs of a bounce and meme coins have joined the party. Top of the trending list is Poodlana (POODL), the meme coin that brings the glamor of Asia’s hottest fashion accessory dog – the poodle – to Solana.
Poodlana (POODL) launch excites crypto market
Dog-themed tokens have dominated the crypto meme space since Dogecoin’s launch. Drink-themed meme coins have also attracted attention, as have political meme coins.
However, while the shiba inu remains a beloved friend to many, there’s a new shift and strutting to the top is the poodle.
A leading fashion dog breed, the poodle has taken the world by storm – particularly in Asia where China, Japan and Korea are huge crypto markets. That’s the excitement that currently dominates the Solana meme market as Poodlana nears its launch.
Notable also is that Bonk and Dogwifhat continue to jostle for Solana’s top meme coin by market cap slot. The baton has changed between the two as recently as this week. However, this may be the case only until Poodlana arrives on the scene.
Poodlana: POODL launch and tokenomics
Poodlana will launch on July 17 and offer access to 500,000,000 POODL tokens to fashionistas and poodle lovers. The presale will be a 30-day blitz that starts at the low price of $0.02 before poodles’ value rises every three days after over 10 stages.
Apart from the presale having 50% of tokens go to the community, the tokenomics outline that 15% of the total supply will go to marketing POODL while another 15% will be reserved for liquidity. Poodlana also targets having Asian fashion brands and personalities on board as partners. To help bring these to the POODL runway is an allocation of 5% of toke supply.
What’s unique about Poodlana?
Poodlana is the crypto meme for fashionistas, inspired by Asia’s beloved dog. Meanwhile, meme coins are bouncing as crypto summer kicks in proper after a lull in June. Adding to that is Asia being one of the regions with the highest number of crypto owners in the world – and they love poodles.
But that’s not all that makes POODL an enormous opportunity.
When the Poodlana presale ends on August 15, POODL will hit the market within 60 minutes. The project highlights no vesting periods or lockups and the first DEX listing will be live within the hour of the presale ending.
Meme coin enthusiasts who participate in the Poodlana token sale can therefore buy knowing when they will have access to their tokens.
To learn more, visit Poodlana’s official website.
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Solana ETF Plan Officially Confirmed by Cboe SEC Filing
- The Cboe is officially attempting to make SOL ETFs happen.
- It is doing this through VanEck and 21Shares.
- If approved, this will mark a new wave in cryptocurrency trade.
After previous unsuccessful attempts to introduce Solana (SOL) exchange-traded funds (ETFs), new attempts are being made to list the highly traded cryptocurrency. According to CoinGecko, SOL is the most popular blockchain ecosystem this year with Ethereum coming in a close second.
Chicago Board Options Exchange (Cboe) Global Markets, an exchange operator, has filed a request with the U.S. Securities and Exchange Commission (SEC) to list EFTs that are tied to Solana; specifically, products from the asset managers, VanEck and 21Shares. This has kickstarted the timeline for the Commission to either approve or deny the operator’s 19b-4 application. According to the Commission’s rules, it has 240 days to decide on the application.
Rob Marrocco, the global head of ETP listings at Cboe Global Markets recently released a statement in which he mentioned that they are attempting to address the “increasing investor interest in SOL, one of the most actively traded cryptocurrencies after Bitcoin and Ether”. This, he says, is after Cboe successfully listed the “first U.S. Spot Bitcoin ETFs” and secured SEC approval for rule filings to list spot Ether ETFs.
VanEck had applied with the SEC by filing the S-1 form for SOL in June and 21Shares did the same the day after. The S-1 form is required when an entity wants to offer a new security on the market. Securities must have an S-1 filing before they can be listed on a national exchange platform. The 19b-4 form is for self-regulatory organizations to inform the SEC of a change in their rule and they must justify it before they can get approval.
It is important to note that Cboe isn’t just focusing on SOL. They had their 19b-4 filings for Ethereum approved by the SEC in May 2024 and they are set to start trading ETH ETFs soon. However, they still need the final go-ahead as these products often require a two-stage approval process.
Experts believe that SOL’s liquidity will shoot up should the EFT get approved as Spot SOL ETFs are expected to witness about $3 billion in inflows over time. A significant portion of this predicted amount is also expected to flow through ETFSwap. The current price of Solana is hovering around $139.55.
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Binance to support Render token swap and rebranding, Solciety meme coin launches next week
- Binance will support Render’s RNDR to RENDER swap, suspending RNDR trades on July 22.
- Solciety (SLCTY) meme coin, merging politics and memes on Solana, launches June 18 with a 30-day presale.
- Solciety’s 30-day presale price is structured to increase from $0.000963 in the first stage to $0.002167 in the final stage.
Binance has announced its support for the token swap and rebranding of the popular altcoin Render (RNDR) to Render (RENDER).
Simultaneously, Solciety (SLCTY), a unique meme coin, is set to launch on the Solana network next week, promising to merge politics and memes for the “Degens.”
Binance pledges to supports Render token swap and rebranding
On July 22, 2024, Binance will suspend all RNDR deposit and withdrawal transactions. Additionally, all RNDR spot trading pairs, including RNDR/BTC, RNDR/USDT, and others, will be removed.
Users are advised to complete their RNDR deposits before this date to avoid any inconveniences. The new RENDER trading pairs will become available on July 26, 2024, ensuring a smooth transition for all trading activities.
Binance’s futures trading platform will close all RNDRUSDT perpetual futures positions on July 16, 2024. Similarly, margin pairs involving RNDR will be delisted, and all RNDR loan positions will be closed by July 17, 2024.
Furthermore, Binance Pay will cease support for RNDR gift cards, converting any unused ones to RENDER gift cards automatically.
The technical aspects of this token swap will be managed automatically by Binance, ensuring a smooth and efficient process for all users.
Render tokens will be converted to RENDER at a 1:1 ratio, simplifying the transition.
Upcoming Solciety (SLCTY) meme coin merges politics and memes
Scheduled to launch on June 18th, Solciety (SLCTY) is set to become a notable addition to the Solana blockchain.
By merging politics and memes, Solciety aims to cater to the “Degens,” individuals immersed in decentralized finance and internet culture.
This strategic choice of Solana as the foundation leverages its high-speed transactions and low fees, making it an ideal platform for innovative projects like Solciety.
At the heart of Solciety lies the Meme Campaigner, an innovative meme creation platform. This tool empowers users to generate and customize memes effortlessly, featuring over 200 traits, backgrounds, and fonts.
By integrating news and current events, the Meme Campaigner ensures that memes remain relevant and timely.
Additionally, the platform incentivizes community engagement by rewarding users with presale tokens for sharing their creations on social media, fostering a vibrant ecosystem of content creators and meme enthusiasts.
Solciety (SLCTY) will start with a 30-days token presale
The Solciety presale, commencing on June 18th, will last for 30 days, offering early adopters the opportunity to secure SLCTY tokens at progressively increasing prices.
The presale structure, with price increments every 72 hours, incentivizes early participation and rewards early supporters.
With a total supply of 3 billion SLCTY tokens, Solciety ensures a balanced distribution across various areas, including marketing, development, partnerships, and liquidity, to fuel the ecosystem’s growth and sustainability.
The presale is designed to encourage early participation by increasing prices every 72 hours, rewarding those who invest early.
Early investors can buy SLCTY tokens at $0.000963 during the first stage, with the final presale price projected to be $0.002167.
Solciety has a total supply of 3 billion SLCTY tokens allocated across presale, marketing, rewards, development, partnerships, treasury, and liquidity, ensuring a balanced distribution to support the ecosystem’s growth and sustainability.
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