Bitcoin’s value soared to $61,500 at press time, after a wild first week of August. Bitcoin plummeted toward $50K on Monday and then rebounded.
The number of whales who are scooping up Bitcoin has reached 2024. However, there is a shift in the market to other altcoins. Top assets like Ripple Finance (ONDO), and Ondo Finance, (XRP), have seen a surge in interest.
This printed an optimistic picture of the altcoins market and positioned the new Poodlana (POODL), poised for a remarkable debut on 16 August.
Poodlana, a Solana meme coin project, is experiencing a massive presale thanks to the unique way it approaches meme coins. It prioritizes legitimacy, usage cases and community engagement.
Over $6.31 Million was raised by the fast-paced, patterned-themed coin in its rapid-fire offering.
RWA supporters jump on ONDO while XRP is gaining attention for its legal development. Poodlana is a popular meme-focused platform that will be launched next week.
Ripple XRP
Ripple’s 4-year fight with the SEC ended with XRP winning recently.
XRP is a long-term winner, even though the stablecoin RLUSD keeps the project under the radar of regulators.
Recent interest in the remittance token has been notable. The 1,000,000 – 10,000,000 cohort holds XRP valued at approximately $4.42 Billion.
Data from Santiment shows that addresses with 100,000,000 to 1 Billion tokens now control 15% of alt’s supply.
XRP has maintained a positive outlook for the last week. It is currently trading at $0.5928, after a 1.15% increase in the 24 hour period.
Investors are expecting more gains. The altcoin has gained over 6 percent on its chart.
Ripple’s approach to the new RLUSD Stablecoin and the current market conditions keep XRP afloat. It is ready to break through the significant resistance of $0.62 in order for massive gains in the coming week.
XRP, the remittance cryptocurrency, is still a bull as its supporters expect it to revolutionize financial services.
Ondo Finance (ONDO)
Ondo has experienced impressive recovery after its 5 August plunge to critically low levels. Alt has risen nearly 5% over the last week, hovering at $0.762 as of press time.
Data from IntoTheBlock shows that netflow on a large scale has increased by 3000% – that’s the difference between sales and whale purchases. Positive netflow indicates more momentum in the buying of an asset.
Ondo was among the biggest crypto gains in the last day. The coin gained over 7% in its daily chart, trading above $0.8055 as of press time.
The RWA token could be able to reach record levels if there is increased interest by institutional players.
Poodlana – the last chance for early adopters
Poodlana, a Solana token meme, aims to change the crypto theme by merging luxury fashion and cryptocurrency culture.
Since its launch last month, the stylish project raised more than $6.3 million. This shows that investors are confident in it.
Earn 6% in 2 days with $0.0539 as the next price stage.
The $POODL listing will occur within one hour of the end of its presale, which is limited to a time period only. This sale ends at 12 noon UTC (16 August).
Poodlana, according to the team, has what it takes for a 1000x increase in growth.
Early adopters will see a huge increase in value, from $0.060 at the time of listing to $60.
Here you can read more about Poodlana.
The post Crypto Whales Switch to Altcoins As Poodlana $POODL Presale Enters Final Countdown, This Post may be updated as new developments unfold.
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