Can Cardano hit $5? Poodlana (POODL) investors are counting hours to token listing - CoinJournal

Analysts projects ADA could hit $5, supported by strong development and technical patterns. Poodlana’s presale has raised over $7.6M with only hours to the presale end. The token is expected to list on Raydium and MEXC immediately after the presale comes to an end.

Cardano (ADA) has faced considerable scepticism in recent weeks, with its price dropping significantly. However, some analysts see a bullish future ahead. Meanwhile, the new cryptocurrency project Poodlana (POODL), branding itself as “The Hermès of Crypto,” is generating excitement as investors eagerly await the end of its presale and upcoming token listings. Analysts believe Cardano (ADA) will hit $5 despite current bear pressure ADA has recently been labelled by some in the crypto community as a “dead coin,” primarily because it has lost over 90% value since hitting an all-time high in 2021. However, despite the bearish sentiment, Cardano remains one of the top 10 cryptocurrencies by market cap, demonstrating its resilience and underlying value. Analyst Nick Black from the “Discover Crypto” YouTube channel has presented a more optimistic outlook for ADA, projecting that the coin could reach $5. His analysis is based on several factors, including Cardano’s strong developmental activities and promising technical patterns. Cardano ranked third among all crypto projects in developmental activity last month, which suggests that its ecosystem is far from stagnant. This vibrant development challenges the notion that Cardano is a “dead coin,” and instead paints a picture of a project still very much alive and evolving. From a technical analysis perspective, a key pattern known as the “Break a Block” has been identified on ADA’s monthly chart, accompanied by a bullish stochastic crossover. These indicators often precede significant price movements, and the fact that they are emerging now could signal a substantial upward trajectory for Cardano. Additionally, Cardano’s Market Value to Realized Value (MVRV) Long/Short Difference has fallen to -9.726%. This negative value indicates that most ADA holders are currently at a loss, a condition typically associated with market bottoms. Coupled with a 31.01% surge in Open Interest, reflecting increased speculative interest, and an RSI of 40.27, which places ADA in oversold territory, the conditions appear ripe for a potential rebound. However, there are mixed signals to consider. The number of whale transactions has decreased significantly, from nearly 9,000 on August 5 to just 3,590. This reduction could imply that larger investors are hesitant, reflecting uncertainty in the market. Despite these concerns, if ADA can hold above key support levels, it may very well break through resistance and move closer to the $5 mark. Poodlana: “The Hermès of Crypto” nears its exchange listing While Cardano navigates its complex market dynamics, a new player, Poodlana (POODL), is poised to make its grand entrance. Poodlana has captured the attention of investors with its unique branding as “The Hermès of Crypto,” promising a glamorous and community-driven experience. The project’s presale is nearing its conclusion, with significant milestones just around the corner. Poodlana has already raised $7,648,103.5, reflecting strong investor confidence and anticipation. The presale is scheduled to end within hours, with the token set to be listed on the Raydium DEX at 12:00 PM UTC on August 16, just 60 minutes after the presale ends. Following this, POODL will be listed on the MEXC centralized exchange on August 19 and on a second CEX on August 23. The final presale price is set at $0.0539, with the listing price at $0.060, offering early investors a potentially lucrative opportunity. Poodlana’s approach to marketing and community building is as distinctive as its brand. The project emphasizes creating a chic community of trendsetters and tastemakers, supported by glamorous marketing campaigns, collaborations with high-end fashion brands, and appearances on lifestyle platforms. This strategy has already led to significant attention in Asia, where Poodlana is being hailed as the next big meme coin sensation. Looking ahead, Poodlana plans to launch a staking platform where holders can earn rewards, roll out exclusive airdrops, and expand globally, particularly focusing on Asia. The project also aims to engage in philanthropic efforts, aligning itself with a more compassionate vision for the future. As Poodlana investors count down the hours to the token’s debut on exchanges, the excitement is palpable. With its strong pre-sale performance, innovative marketing, and ambitious roadmap, Poodlana is well-positioned to make a significant impact in the crypto world. Conclusion Both Cardano and Poodlana represent intriguing opportunities within the cryptocurrency space. While Cardano navigates its challenges with a potential for significant price recovery, Poodlana prepares for a grand debut that could set the stage for future success. Whether ADA will reach $5 or POODL will fulfil its glamorous promise remains to be seen, but both projects are certainly worth watching closely.

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Bitcoin Dogs raised over $13M in presale. The 0DOG token will be listed on Gate.io, MEXC Official, and Unisat Wallet on August 21. The token claims will open on the same day when the token gets listed on the three exchanges.

Bitcoin Dogs Club has announced the official listing of its 0DOG token on three major exchanges, following a successful presale that raised over $13.496 million. The highly anticipated exchange listing is set for August 21, 2024, and marks a significant milestone for the innovative project that combines the appeal of blockchain technology with the excitement of canine-themed digital assets. Investors and enthusiasts alike are gearing up for this momentous occasion, as Bitcoin Dogs prepares to make its mark in the crypto world.

🚨HUGE ANNOUNCEMENT, DAWGZ!🚨 Bitcoin Dogs is set to hit not one, but THREE EXCHANGES in just 6 days! 🐶🚀 $0DOG will officially list on @gate_io, @MEXC_Official, AND @unisat_wallet on the 21st August, 11AM UTC! ✅ Tier 1 exchange ✅ Billions in daily volume ✅… pic.twitter.com/paUiZ5ngT6 — BitcoinDogsClub (@BitcoinDogsClub) August 15, 2024

The crypto community has shown great interest in Bitcoin Dogs Bitcoin Dogs Club concluded its presale phase with remarkable success, accumulating $13,496,294.3. The presale success underscores the strong interest and support from the crypto community for the project, which is distinguished by its unique integration of blockchain and canine-themed elements. The presale not only highlights the enthusiasm surrounding Bitcoin Dogs but also sets the stage for its upcoming market debut. Listing on Gate.io, MEXC Official, and Unisat Wallet The announced listing on three prominent exchanges: Gate.io, MEXC Official, and Unisat Wallet on August 21 further represents a significant opportunity for the $0DOG token, offering access to billions in daily trading volume and millions of users globally. The strategic choice of exchanges reflects Bitcoin Dogs’ commitment to broadening its market reach and providing ample liquidity for its tokens. The listing will mark the beginning of a new chapter for Bitcoin Dogs, as the project transitions from its presale phase to active trading. The token claim process will also be available on the same day, allowing presale participants to access their tokens. This move is anticipated to generate substantial interest and trading activity, positioning Bitcoin Dogs as a prominent player in the crypto space. What sets Bitcoin Dogs apart” Bitcoin Dogs is not just another cryptocurrency project; it’s an innovative blend of blockchain technology and canine culture. As the first-ever ICO on the Bitcoin blockchain, Bitcoin Dogs combines the traditional appeal of cryptocurrencies with a unique twist that appeals to both crypto enthusiasts and dog lovers. The project features a metaverse called the Dogaverse, where users can engage in various activities, including gameplay and NFT trading, all centred around a canine theme. The project’s presale tokenomics were designed to attract and reward early supporters. With a total supply of 900 million $0DOG tokens, 90% were available for purchase in the presale, with prices escalating every three days during the sale period. Looking ahead, Bitcoin Dogs has laid out an ambitious roadmap that includes several key milestones. In Q1 2024, the project planned to debut its NFT collection and initiate token staking. The beta version of the Bitcoin Dogs Game was also introduced, setting the stage for a full game launch in Q3 2024. The roadmap further outlines the introduction of multi-chain support and governance voting by Q4 2024, with plans for metaverse expansion and partnership growth in early 2025. The upcoming exchange listings represent a pivotal moment for Bitcoin Dogs, positioning the project for increased visibility and engagement within the crypto community. As August 21 approaches, all eyes will be on Bitcoin Dogs as it embarks on this exciting new phase, promising to bring innovation and excitement to the world of blockchain and cryptocurrency. For more information on how to claim and trade the 0DOG token, you can visit the official Bitcoin Dogs Club website here.

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