Die Entwickler-Wallet wies eine vielfache Rendite auf seine ursprüngliche Investition von 550 US-Dollar auf.
BlackRock-Betrüger nehmen Krypto-ETF-Anleger ins Visier
BlackRock warnt Anleger vor einer Zunahme von Krypto-Betrügereien. Auf Social Media werden Kunden immer häufiger geködert.
Cryptocurrencies to watch in August: Poodlana, Bitcoin, BOOK OF MEME (BOME)
- Poodlana’s presale surges to $3.5M, with price set to rise further.
- Bitcoin hits $69,000, boosted by Trump’s pro-crypto remarks.
- BOOK OF MEME rises 20%, with strong technical patterns and market interest.
As August approaches, the cryptocurrency market continues to evolve with exciting developments and noteworthy trends. Three cryptocurrencies stand out for their potential to capture significant attention and drive market momentum: Poodlana (POODL), Bitcoin (BTC), and BOOK OF MEME (BOME).
Each of these assets is making waves in its own way, whether through innovative presales, significant price rallies, or emerging market trends.
Here’s why Poodlana, Bitcoin, and BOOK OF MEME (BOME) are the ones to watch as we move deeper into August.
1. Poodlana: a new Solana meme coin making waves in presale
Poodlana (POODL) is quickly gaining traction in the crypto space, particularly within the meme coin sector. Launched on July 17, 2024, Poodlana’s presale has already hit an impressive $3.5 million in under two weeks.
This surge in interest highlights the growing excitement around this new entrant in the market.
The inspiration behind Poodlana is equally compelling. The cryptocurrency draws from the allure of the poodle, one of Asia’s top dog breeds, blending fashion-forward appeal with the meme coin trend.
This combination is resonating with both investors and enthusiasts, contributing to its rapid rise.
With just 17 days left in the presale, the token is set to list on its first decentralized exchange (DEX) on August 16.
The presale price is designed to rise after every 72 hours. The price at press time was $0.0335 and was expected to rise to $0.0375 in the next presale stage.
It is projected to list on crypto exchanges $0.06, offering early buyers a chance to capitalize on a potentially lucrative opportunity.
Poodlana’s tokenomics are also noteworthy. With a total supply of 1 billion tokens, 50% is available during the presale, and 100% will be unlocked after the ICO sale.
The token’s immediate listing on a DEX post-presale is designed to eliminate uncertainties and could drive significant price movement as the project transitions from presale to public trading.
2. Bitcoin: seeing increased activity after the Bitcoin 2024 Conference
Bitcoin (BTC) remains a cornerstone of the cryptocurrency market, and its recent performance underscores its continued relevance and influence.
In the past 24 hours, Bitcoin price has surged by over 3%, breaking past the $69,000 level. This price increase reflects a broader bullish trend in the market, which is further fueled by recent events.
Former President Donald Trump’s pro-crypto speech at the Bitcoin Conference has been a significant driver of Bitcoin’s recent gains.
Trump pledged to prevent federal Bitcoin sales if re-elected and to make the US a global leader in cryptocurrency. His remarks have resonated with the crypto community, contributing to Bitcoin’s recovery and pushing it closer to the $70,000 mark after trading as low as $63,000 in the past week.
The rally has also positively impacted other Bitcoin-related tokens. For instance, Bitcoin Cash (BCH) and Bitcoin SV (BSV) saw substantial gains of over 14% on Monday. BSV, in particular, has experienced a dramatic 16% jump over the last day, indicating a strong recovery despite being down about 45% year-to-date.
With Bitcoin’s influence permeating the market and its price nearing $70,000, it remains a key asset to watch in August.
3. BOOK OF MEME (BOME): another Solana-based meme coin that’s rising
BOOK OF MEME (BOME) is rapidly emerging as a standout within the Solana ecosystem. Recent developments highlight a significant bullish trend for this meme coin. BOME surged 20% to $0.0105, driven by a combination of technical patterns and broader market movements.
The token’s impressive rally is reinforced by a golden cross pattern, where the 50-day Exponential Moving Average (EMA) crosses above the 200-day EMA, signaling strong bullish momentum.
Additionally, BOME has shown resilience by rebounding from early July’s drop. After retesting the $0.0065 support level, the token managed to break through key resistance at $0.0095, climbing to $0.01065.
The Relative Strength Index (RSI) also broke bearish divergence, further supporting the positive outlook.
Despite this, traders should remain cautious, as the RSI’s entry into the overbought region and potential volatility from the upcoming Federal Open Market Committee (FOMC) meeting could influence price movements.
The growing interest in BOME is also evident from a 74% increase in futures open interest. This indicates heightened market interest but also suggests potential for increased volatility and subsequent corrections.
The presence of an inverse head and shoulders pattern on the daily chart suggests a possible 41% surge to $0.013, making BOME a key cryptocurrency to monitor closely in August.
Conclusion
While Poodlana (POODL), BOOK OF MEME (BOME), and Bitcoin each present compelling bullish indicators for August, Poodlana stands out as the most promising choice.
With its presale currently underway, Poodlana offers a clear price increment path leading up to its August 16 DEX listing, providing a more predictable investment opportunity.
In contrast, Bitcoin and BOOK OF MEME face market volatility that could lead to significant price swings. For those seeking a more structured and potentially lucrative investment, Poodlana’s presale phase offers a unique and advantageous position.
Nevertheless, it is always important to do your due diligence before making any crypto investment due to the volatile nature of the crypto market.
The post Cryptocurrencies to watch in August: Poodlana, Bitcoin, BOOK OF MEME (BOME) appeared first on CoinJournal.
Traders prepare for new crypto bull run: Poodlana scoops $3.5M
Crypto traders and investors are bracing for a new crypto bull run as sentiment in the industry improved and a sense of greed ensued. Bitcoin rose and retested the crucial resistance point at $70,000 and then pulled back. Other tokens joined the rebound and eventual sell-off.
Solana meme coins like Book of Meme (BOME), Dogwifhat (WIF), and Popcat were among the best performers on Monday. At the same time, Poodlana (POODL), an upcoming Solana meme coin continued its token sale, raising over $3.5 million from investors.
A new bull run could start soon
Crypto investors believe that we could be in for a strong bull run in the coming weeks for a few reasons. First, there is political goodwill in the crypto industry as evidenced by the recent Bitcoin Conference in Tennessee.
In it, Donald Trump vowed to be a key supporter of Bitcoin if elected as the president. He also noted that his administration would approve a Bitcoin reserve for the government. This approach would likely involve moving some of the 220k Bitcoin it owns into these reserves.
Meanwhile, Michael Saylor, the founder of MicroStrategy predicted that his base case is that Bitcoin will soar to $13 million in the next 21 years. His worst-case scenario is where the coin rises to $3 million while his most optimistic situation is where it rises to $49 million.
In a separate X post, Ki Young Ju, the founder of CryptoQuant predicted that the crypto industry was still in a bull market that would last until mid-2025.
A likely catalyst for this price action will be the upcoming easing cycle by central banks like the Federal Reserve, European Central Bank and Bank of England. The ECB has already started to cut interest rates while the BoE is expected to start cutting on Thursday. The Fed will likely start in September.
The unwinding of these high rates will likely lead to a rotation to riskier assets like Bitcoin and other cryptocurrencies.
Poodlana token sale continues
Meanwhile, meme coin investors are preparing to welcome a new fast-growing token into the ecosystem. Poodlana, an upcoming Solana meme coin, is expected to start trading in August after raising millions of dollars.
Data on its website shows that Poodlana has already raised over $3.5 million, less than three weeks after the developers started the token sale.
For starters, Poodlana is a dog-themed token that incorporates the concepts of luxury. It describes itself as the Hermes of crypto.
According to its white paper, Poodlana has allocated 500 million tokens for its token sale. The other 50% of the tokens will go to activities like marketing, liquidity, partnerships, and rewards.
Token holders will be able to trade them 30 minutes after the token sale ends. This is a big difference compared to other token sales where they remain locked for months. You can buy the Poodlana token here.
The post Traders prepare for new crypto bull run: Poodlana scoops $3.5M appeared first on CoinJournal.
Blackjack ($JACK), the gambling cat comes to Solana
- Blackjack ($JACK) is a new Solana meme coin that merges crypto and meme culture.
- $JACK will launch via an 85% fair launch on July 31, 2024.
- The meme coin will list on Raydium.
The cryptocurrency market continues to garner mainstream attention and no sector of the industry is churning hype as does the meme coins space. Joining this buzzing ecosystem is Blackjack ($JACK), a new cat-themed meme coin set to launch on July 31.
In this market, top feline players include the Popcat, the cat that keeps popping as it breaks higher. But looking to establish a new order is Blackjack.
Here’s what to know about $JACK and what makes his upcoming launch on Solana one of the most highly-anticipated meme coin launches.
Blackjack ($JACK): The gambling degenerate
Blackjack ($JACK) is not your typical cat. Other than with nine lives, $JACK comes straight from ‘City of Second Chances’ ready to play at any table. $JACK knows that sometimes the only way out is to go all in, and that counting wins at the table is never a good idea.
Solana’s continued growth, with SOL set to explode in coming months sets its meme coin market on course for incredible returns. But while cat-themed tokens like Popcat and cat in a dogs world offer a tantalizing opportunity, Blackjack’s ($JACK) launch on June 31, 2024 could herald a completely new era for crypto meme tokens.
$JACK aims to bring the power and promise of gambling finance to Solana, tapping into blockchain to offer access to the largely unexplored world of crypto gambling.
Blackjack’s thrill will be the capacity for its holders to play more than one life – the ability to come back for more tinged with fresh opportunity.
$JACK will list on Raydium
According to the Blackjack announcement page, the meme coin will launch on the decentralized exchanges Raydium and Jupiter.
The tokenomics include a 100 million $JACK supply, with 85% of this available to the crypto community through a fair launch. What does this mean? Well, Blackjack is a cat that has nothing to hide.
Everyone will get a chance to grab a share of the tokens with only 15% of supply set for project marketing and liquidity.
Moreover, $JACK’s entry into the market coincides with the increased adoption of cryptocurrency in the gambling market. One of the latest buzz is the crypto version of the classic card game Blackjack.
With crypto blackjack, players can tap into the benefits of playing a traditional adventure. There’s also the opportunity to leverage crypto’s global accessibility, on-chain security and payment option. But now, the casino is set to come alive on blockchain with Blackjack ($JACK).
The key date is July 31, 2024.
Discover more about Blackjack by join the community or going to the official website.
The post Blackjack ($JACK), the gambling cat comes to Solana appeared first on CoinJournal.