Asian investors propel Poodlana to $2.1m in under 8 days

Asian investors drive Poodlana’s presale to $2.1m in under 8 days as Solana’s memecoin summer heats up.

New presale sensation, Poodlana, has raised $2.1m in less than eight days as Solana’s memecoin summer kicks into full gear, with massive Asian interest driving the frenzy.

Asian investors were predicted to make up a large chunk of early buys, and this seems to have been the case. We’ll dive into the potential reasons for this geographic virality below.

Poodlana buyers can currently get POODL at a price of $0.0265, giving returns of 103.77% when the presale concludes at $0.054 on the 16th of August.

Your ticket to Asia’s elite club

Asia is becoming one of the most fashion-conscious regions in the world, with huge markets for high-end brands like Louis Vuitton and Gucci in China and Japan, as well as boutique brands springing onto the global stage from Korea—a country that also happens to be the beauty capital of the world.

Here, impeccable outfits and the latest trends are essential, and this is beginning to apply to the digital world too. Shiba Inu coins in your wallet? Dear God, so last season. POODL? That’s more like it. But why?

Well, to start with, there’s Poodlana’s top-notch branding. The project is building a reputation as the “Hermès of Crypto”; where “crypto meets haute couture”. For the fashionistas of Web3, this has got to be irresistible. What kind of style hawk worth their salt would pass up on the first designated high-fashion crypto?

But there’s another key piece of the puzzle that relates directly to poodles themselves. These dogs have become a viral hit across Asia, from China and Taiwan to Japan, with the New York Times calling them the “latest must-have accessory,” and it’s hardly a shock. They’re cute, they’re owned by the style icons of the East, and they’re perfectly suited to life in urban Asia’s apartment complexes.

It makes sense, then, that Asian markets have been flocking to Poodlana like (pardon the pun) mad dogs: these populations not only understand the importance of keeping up with the latest fashion trends in an ever-more-digital world but are also expressing their existing love for poodles by buying the first-ever poodle memecoin. Simple.

Solana summer

Of course, these eager gem hunters are also motivated by something else: profit potential. The POODL token could have the makings of the next 100x coin, with strong fundamentals and a market that’s producing dog coin millionaires by the dozen in 2024.

Poodlana’s 30-day limited presale is sure to drive intense FOMO—prices increase every 72 hours, meaning the current rush is likely to continue and even intensify as the opportunity to grab a cheap entry evaporates.

The project’s enticing branding is helped by a strong marketing plan, too: 15% of tokens are set aside to fund marketing, and the whitepaper details plans to partner with top influencers in key Asian countries to further drive home POODL’s status as a must-have blockchain accessory.

POODL’s DEX launch also comes just 60 minutes after the presale ends, which is a real show of good faith from the developers in a world of vesting schedules and the like. This is sure to build trust within the community.

Outside of Poodlana’s fundamentals, the market gives Asian investors more reason to get excited. Other Solana-based dog tokens like dogwifhat (WIF) show that demand for this asset class is strong in this year’s bull market. WIF is mainstream at this point, having become the number three memecoin earlier this year, and currently sits just below $2 billion in market cap. 

Myro, a slightly less well-known SOL dog token, is an even better example: between November and March, it surged by an insane 223x, meaning a $1k investment would have bagged you over $220k in just four months. Dog coins, in this climate, can change lives for good.

And with Solana ETF applications being submitted last month, there is a serious chance that SOL could garner even higher levels of adoption later this year—as if the Poodlana community needed anything more to be excited about!

Join Asia’s most exclusive presale party

Time is limited to get involved in “Crypto Fashion Month”: there are only 22 days left until Poodlana goes public with its DEX launch on 16th August.

The final price in the presale will be $0.054, so if your senses are already tingling, act now to lock in a discounted price of $0.0265. With this craze taking shape the way it is, speculation is rife about how high POODL could be headed when it hits the open market.

To learn more about Poodlana and purchase POODL tokens, head to the official website.