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Crypto price predictions: Poodlana, Mother Iggy, Cat in a Dogs World (MEW)

Cryptocurrency prices remained on edge during the weekend as investors waited for the next catalyst. Bitcoin was trading at $66,800 on Sunday while most altcoins rose slightly. The market cap of all digital tokens remained at $2.6 trillion. This article will look at three cryptocurrencies like Poodlana, Mother Iggy, and Cat in a Dogs World.

Poodlana prediction

Poodlana, an upcoming Solana meme coin, has continued thriving in its token sale. The developers have raised over $1.9 million in less than two weeks, making it one of the fastest-growing token sales in the industry. 

Poodlana aims to be a better and bigger version of a dog-themed token than popular tokens like Shiba Inu and Dogecoin. It is based on Poodle, a popular Japanese dog breed.

The developers have selected Solana, which has become the most popular blockchain for meme coin creators. They love it because it is a significantly faster network and that its transaction costs are lower than other blockchains.

Poodlana’s token sale will run for just 30 days and the token price will continue rising gradually. This means that people who buy the token early will get more than those who buy near the end of the sale.

Additionally, Poodlana token will start trading just 30 minutes after the token sale finishes. That will be a different situation than most token sales when they take weeks or months before starting to trade. 

Analysts we talked to believe that Poodlana token could rise after starting to trade in August. Most of this will depend on the overall market trends when this happens. If cryptocurrencies are rising, there are chances that the token will also follow the trend. You can buy the Poodlana token here.

Cat in a Dogs World (MEW) price forecast

The daily chart shows that the Cat in a Dogs World price has gone parabolic in the past few days. It has risen for four straight days, reaching its highest swing since April 24th. The token has recently crossed the important resistance point at $0.00064, its highest level on June 7th.

The MEW token has moved slightly above the 50-day moving average while the Relative Strength Index (RSI) has tilted upwards. History shows that such parabolic moves are followed by a big drop as profit-taking starts.

Therefore, there is a likelihood that the token will retreat and retest the crucial support level at $0.0060. 

Mother Iggy price forecast

The MOTHER token, which is being promoted by Rapper Iggy Azelia, went vertical on Sunday as demand for the token continued. It also rose as Azelia continued promoting it on social media platforms. 

https://x.com/IGGYAZALEA/status/1815105024462409925

On the four-hour chart, we see that the MOTHER token rose sharply as demand rose. It flipped the important resistance point at $0.047, its highest point on July 11th. The token has remained above the 50-period moving average. 

However, it has formed a standard doji pattern, which is a popular reversal sign. Therefore, the token will likely resume a bearish trend and then retest the key support at $0.050.

 

The post Crypto price predictions: Poodlana, Mother Iggy, Cat in a Dogs World (MEW) appeared first on CoinJournal.

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Five spot Ethereum ETFs will launch on July 23. Is it time to invest more in crypto?

Key takeaways

  • Five spot Ethereum ETFs, including Fidelity, are set to launch on July 23rd.
  • Poodlana’s presale is now close to the $1.7 million mark as more investors troop into the project. 

Ethereum ETFs to go live next week

The Chicago Board Options Exchange (CBOE), the largest U.S. stock exchange for options, has revealed that five spot Ethereum exchange-traded funds (ETFs) will go live on July 23rd.

The funds include the Fidelity Ethereum Fund, the Franklin Ethereum ETF, the Invesco Galaxy Ethereum ETF, the VanEck Ethereum ETF, and the 21Shares Core Ethereum ETF.

With Bitcoin and Ether ETFs now available to investors in the United States, it is becoming evident that cryptocurrencies are going mainstream globally and adoption levels could soar. 

What’s Poodlana?

With the crypto market going mainstream, new projects are emerging to provide more utility and opportunities for investors. Poodlana is one of the latest projects to keep an eye on. 

It is a new Solana meme coin designed to introduce the glamor of high fashion to the crypto world.  Poodlana wants to become the number one dog token on the planet. The meme coin wants to embrace the ethos of community-driven growth while providing investors with unique value. 

Poodlana is one of the top 3 dog breeds in Japan, Korea, and China. The development team wants to leverage the popularity of the dog with the love of meme coins in these countries to build a strong community.

Poodlana’s presale raises $1.7m in three days

The Poodlana presale began three days ago and will last for 30 days. So far, the project has raised $1.7 million, with the token price currently set at $0.023. In the next presale stage, the PODDL token will be sold for $0.0265. Investors can purchase this token using SOL, BNB, ETH, USDT, USDC, and Fiat/card payment options.

The development team revealed there would be no lock-up period for their tokens, no games, just pure, unadulterated excellence. The POODL presale will end on August 16 and the listing on exchanges will take place immediately after. 

According to the website, the presale will be in 10 stages, with a price increase every three days. 

Click here to learn more about the Poodlana presale.

Poodlana has a total supply of 1 billion tokens

Poodlana’s tokenomics is a simple one as the team values transparency amongst its community members and investors. Per the whitepaper, the total supply will be 1 billion POODL tokens, with 50% going presale.

The team added that the remaining 50% will be split amongst marketing (15%), rewards (5%), partnerships (5%), treasury (10%), and liquidity (15%). 100% of tokens will be unlocked on day one, ensuring there are no lock-ups or vesting periods.

Once the presale ends, Poodlana will burn unsold tokens. Presale investors will claim their tokens immediately after the presale, with the token set to list on decentralized exchanges (DEXs) once the presale ends.

Should you invest in the Poodlana project?

The Poodlana project is ambitious as it seeks to become the number one dog-themed meme coin in the world. Poodlana is taking advantage of the popularity of the Poodlana dog and is building a community that could see it challenge Shiba Inu and Dogecoin. 

The presale will last for 30 days, which means investors have a limited period to invest in the project before it is listed on exchanges. The project’s transparency and speed of execution could also help attract more investors to the project.

The post Five spot Ethereum ETFs will launch on July 23. Is it time to invest more in crypto? appeared first on CoinJournal.

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Messari CEO Ryan Selkis steps down

  • Ryan Selkis is stepping down as CEO of crypto platform Messari.
  • Eric Turner, the company’s chief revenue officer, replaces him as interim CEO.

Ryan Selkis is stepping down from his role as CEO of crypto platform Messari, the firm announced on Friday.

Selkis, whose exit as CEO will see him take up a senior advisor role, is taking this step after a week that saw him face post a series of controversial political tweets.

“A leader’s first responsibility is to his team. This week was the first week in 6.5 years that my politics and rhetoric put the team in harms way,” he wrote. “As such, I have decided to step aside as CEO.”

Selkis’ political tweets

Selkis has increasingly been vocal in his support for former President Donald Trump’s candidacy in the upcoming US election. Having castigated President Joe Biden severally on X, Selkis became particularly ill-tempered after last week’s attempted assassination of Trump during a campaign rally.

In one tweet, he noted that anyone looking to vote against Trump in November could as well “die in a f*cking fire.” He also called the upcoming election “literal war” and told an immigrant that he hoped the US sends them back.

On July 18, Selkis shared via X that the attempted assassination had USA “narrowly” avoid Civil War. He met the Messari team after he “ran too hot this week,”- referring to his outbursts and statements on X.

Messari confirmed his exit:

“Ryan recently let us know of his decision to step back from an operational role as the CEO of Messari so that he can focus his time fully on crypto policy and national issues of importance to him. Messari would not be the company it is today, or what it will be in the future, without Ryan’s clear vision and devoted leadership,” the company announced.

Eric Turner, the company’s chief revenue officer, will take over as the interim CEO.

The post Messari CEO Ryan Selkis steps down appeared first on CoinJournal.

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Solana eyes key level as Poodlana presale hits $1.4 million

  • Solana (SOL) breakout above $160 could ignite rally to new year-to-date highs.
  • Poodlana (POODL) has hit $1.4 million in presale, just 48 hours after launch.
  • Catalysts such as SOL price gains, Asia’s love for Poodlana and meme coins surge make POODL attractive in presale.

Solana (SOL) is trading above $160 as bulls look to strengthen. Meanwhile, viral meme coin Poodlana (POODL) has ignited a major frenzy as its presale smashes past the $1.4 million mark within 48 hours of launch.

SOL has analysts eyeing recent highs amid positive sentiment, likely driven by further gains for BTC and ETH.  Solana’s price is among the top gainers in the past 24 hours on CoinMarketCap at the time of writing, springing more than 2.4% as trading volume surpasses $2.7 billion.

Solana targets new momentum above $160

The price of Solana has returned to levels seen when the cryptocurrency benefited from upside sentiment from spot SOL exchange-traded funds (ETFs) applications. VanEck and 21Shares filed their respective spot Solana ETFs a few weeks ago.

A run for Solana meme coins is also shaping up as SOL changes hands above $160.

Bulls might target $175 if they build momentum above $164, which analysts say is a key supply wall area. Yet, with meme coins like dogwifhat (WIF) leading the upward charge, the likelihood of SOL hitting full gas towards $200 is increasing.

Interest in presale trendsetter Poodlana could also be another factor.

Poodlana presale quickly raises $1.4 million

The Solana meme coin market has top tokens like WIF, BONK and POPCAT. But none have mastered as much interest from crypto as has Poodlana – the Solana meme coin that has exploded onto the scene by going viral in Asia.

In just over 48 hours, Poodlana’s presale has raised over $1.4 million.

The project surpassed the $1 million milestone within 24 hours as FOMO kicked in across the market. Most of the presale pace has come from Asia where the poodle is a top dog breed – the glamourous entry says it all.

POODL – how attractive is Poodlana?

Poodlana is a crypto meme project that combines the appeal of the poodle, the fashion world’s entry into crypto and the rapid growth of meme coins on Solana.

Asia, with Japan, Korea and China at the helm, are key destinations for all three – Asian’s love poodles, the region commands huge volume in the crypto market and top meme coins have found the earliest traction before going viral in Asia.

The expectation is that Solana is set for a new bull run, and so are meme coins. A quick-fire sale that will see Poodlana launch its first DEX 60 minutes after presale close also means POODL would be ready to explode amid a broader market spike.

Poodlana price

With 500 million POODL on offer during the presale, an early bird looks like the best time to position with Poodlana.

Currently, POODL remains priced at $0.02 in the first stage of presale. However, it will rise through the next nine stages as the 30-day presale speeds towards the final day on August 16, 2024. Immediately after, Poodlana will be trading live on the market, offering early adopters the chance to bask in glamour and opportunity.

More details about Poodlana are on the official website.

The post Solana eyes key level as Poodlana presale hits $1.4 million appeared first on CoinJournal.

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Polygon’s MATIC to POL upgrade set for September

Polygon Labs has announced Ethereum Layer 2 blockchain Polygon’s technical upgrade for MATIC to POL will go live on September 4, 2024.

The Polygon (MATIC) price traded lower amid the news, although the losses also reflected the downside pressure across other cryptocurrencies.

MATIC to POL transition

Polygon’s transition from MATIC to POL is an upgrade that first surfaced in July last year and made to community governance via PIP-17 in September.

In this proposal, the key idea is the replacement of MATIC with a new token that would be used for gas and staking. This upcoming upgrade is a step that follows the POL ERC-20 contract implementation in October 2023.

Polygon Labs made the official announcement for the upgrade to POL on Thursday, revealing the initial phase as one that will see POL replace MATIC. In later phases of the upgrade, POL will take on more network functionality, including in the AggLayer.

The AggLayer is a decentralized protocol with a common bridge and ZK-powered mechanism designed to solve issues of blockchain fragmentation through sovereign chains and shared liquidity.

“But even as the aggregated Polygon network emerges, POL will have immediate utility on the widely adopted Polygon Proof-of-Stake (PoS) network that exists today: POL will be the native gas and staking token of Polygon PoS—and fundamental to Polygon network security,” Polygon Labs wrote in a blog post.

What does it mean for MATIC holders?

According to Polygon Labs, those who hold MATIC on the Polygon PoS chain don’t have to do anything as the upgrade from MATIC to POL will be automatic.

However, for holders with their MATIC tokens on other chains and platforms may have need take certain actions. These other chains include Ethereum and Polygon zkEVM as well as centralized exchanges (CEXs).

In this case, when the upgrade date rolls in, those ready to migrate MATIC to POL will need to use a migration contract.

The post Polygon’s MATIC to POL upgrade set for September appeared first on CoinJournal.