- Bitcoin flirted with $70k over the weekend after Donald Trump announced plans to accumulate BTC reserves if elected president in November. His speech at Bitcoin 2024 in Nashville has galvanized bulls once more, with gains leaking into the wider crypto market.
- Recipients of this broader bullishness include Poodlana, a new Solana meme coin racking up a viral surge despite still being in presale. The POODL ICO has already raised $3.3 million, with buyers flocking in from across the cryptosphere after an initial breakout in Asian markets.
Gradually, then suddenly Bitcoin
These words, made popular by Earnest Hemingway—ironically, describing how one goes bankrupt—are used day in, day out by Bitcoiners in an attempt to describe the phenomenon of “hyperbitcoinization”: the process by which the world will shift onto Bitcoin-oriented financial rails.
We’ve had 15 years of gradually, but it looks like 2024 could be the year of suddenly. Talk of nation states building Bitcoin reserves to hedge against currency failure was pure pie in the sky, until El Salvador started stacking sats in 2021.
Now, though, it feels realer than ever: not one, but two of the three major candidates for US President (RFK Jr. echoed Trump’s plans) want to have BTC on the balance sheet of the most powerful economy in history.
Such plans would bring into play a major game theoretic scenario, wherein huge BTC buys force up the Bitcoin price. This would, in theory, induce other nation states to recognize the value of the asset and consider purchases themselves, as an insurance policy against being left behind as the world adopts Bitcoin.
This brings into view a very real possibility that, as soon as 2025, the crypto market gets the biggest institutional greenlight it could ever ask for. The result? Hold onto your hats.
Poodlana: Future legal tender?
Hyperbitcoinization will undoubtedly lift the entire market if history is anything to go by, but the coins that benefit the most will be those that have built strong communities and established themselves as serious contenders when we reach the “singularity”.
Poodlana is making an excellent case for itself here. Built on Solana, the emergent home of meme tokens, the project is building an enthralled community at an astounding pace, raising over $3 million in under two weeks.
The 30-day presale began on 17th July, and the POODL token will list on a leading Solana DEX just one hour after completion, at 12 PM UTC on 16th August. This immediacy paves the way for momentum to continue beyond the ICO, leading to a possible sustained period of bullishness once public trading begins.
After the presale concludes, a meticulously planned program of partnerships, community building, and CEX listings mean that Poodlana has everything it needs to be in great shape when the Bitcoin price heads to the moon next year.
Why you can’t miss this viral presale
Poodlana’s early success has been driven by Asian markets, who are infatuated with the project’s unique combination of three Asian cultural phenomena: meme coins, haute couture, and poodles. These are all real-world trends in Asia, and the Eastern market is responding powerfully to the long-awaited arrival of a meme coin that caters to its tastes.
This gem isn’t totally undiscovered anymore, though. Buyers are beginning to flood in from across the Americas, noting the uptick in interest in countries like Korea and Japan. This is likely to continue, with investors across the globe never wanting to miss out on a trend that has the market in a chokehold.
With less than three weeks left to buy POODL at a discounted presale price, time is running out to get early access to a trend that could go even more viral on the back of a Bitcoin price explosion.
Poodlana is currently priced at $0.0335, but that figure increases every 72 hours—don’t miss the chance to lock in an incredible entry into what could be one of 2025’s top performers.
Visit the Poodlana website to learn more and purchase POODL tokens.
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