Sui (SUI) has exploded 28% prior to now 24 hours to rank among the many high altcoin performers as cryptocurrencies surge amid Bitcoin’s breakout to $60k.
Additionally trending is Poodlana (POODL), a brand new dog-themed meme coin on Solana that has raised greater than $5.8 million in simply over three weeks in presale.
Poodlana presale countdown: solely 7 days left
BTC, ETH and SOL are among the high cash to look at as cryptocurrencies search to strengthen upside momentum. Sui can be getting noticeable traction as a high crypto investor and analyst factors out its efficiency in opposition to friends.
Nevertheless, one of many new market entrants making waves is Solana-based crypto Poodlana (POODL). Traders eyeing the potential meme coin run have taken place with this poodle-inspired Solana meme coin.
Poodlana has raised over $5.8 million in 22 days because it captures the eye of crypto fans and high-end vogue alike throughout the market. Prime of the ladder has been its sizzling trending in Asia the place crypto, meme cash and poodles are a sizzling mix.
Presently in stage 8, Poodlana has solely seven days left earlier than its POODL presale ends. The token will instantly listing on Raydium. The venture additionally eyes a number of high tier exchanges and presently rewards its neighborhood for reposting its wishlist on X.
Its potential one of many high crypto exchanges could also be poised to listing POODL.
Darlings, collect spherical and maintain onto your designer hats – Poodlana is about to make one more beautiful debut!
Now we have simply signed a deal to listing on one of many high exchanges on the planet. We’ll do that shortly after our promised Raydium launch.
We aren’t allowed to say who…
— Poodlana (@Poodlana) July 30, 2024
The date to mark on the calendar, on this case is August 16, 2024.
Sui value prediction: Raoul Pal shares bullish view
Whereas XRP noticed an honest surge amid newest Ripple information, SUI is the highest performing altcoin within the high 50 cryptocurrencies by market cap. The altcoin, presently ranked 37th with a market cap of $2.1 billion, is up 29% in 24 hours – outpacing Ethereum, Solana and XRP, which has slipped under $0.60 after a pointy spike on Thursday.
Sui’s value hovers round $0.83, its highest stage since July 22. Raoul Pal, the founder and CEO of Actual Imaginative and prescient, predicts the Layer-1 blockchain’s native token might be one in all this cycle’s high cash to look at.
Pal, a significant proponent for Solana, describes Sui as an “ultra-fast L1, super efficient, full blockchain ecosystem that came out of Meta’s Diem project.”
“$SUI is starting to look very interesting from a price perspective, although still early and unconfirmed, it is showing signs of breaking out against most tokens,” the Actual Imaginative and prescient CEO identified in a publish on X.
Other than USD, SUI can be displaying potential breakout patterns in opposition to Aptos, Celestia, Close to Protocol and Avalanche. Pal additionally notes that the altcoin is signaling an identical trajectory with the SUI/BTC and SUI/SOL pairs.
Taking a look at SUI/USD, the each day chart has the pair above the descending channel resistance line and the Relative Power Index (RSI) is above the 50 level market to recommend bulls are sturdy.
The bullish cross-over for the Shifting Common Convergence Divergence (MACD) indicator additionally suggests consumers could lengthen upside regardless of the large good points seen the previous two days.
Poodlana value prediction: Will POODL explode?
Whereas L1 tokens like Sui may surge to check current highs, the meme coin market stands as one of many sectors with marked volatility. Notable tasks similar to dogwifhat, Bonk and Brett proceed to excite after hitting main good points post-launch.
In response to some analysts, Poodlana has the potential to outperform these meme cash. Crypto GEMs is among the analysts to share such a bullish view.
🚀 @poodlana may go insane!
Remaining value earlier than itemizing is $0.539. If it follows the massive SOL memes like $BONK, we may see a possible pump of 7650.50% by December. 🤯 #Crypto #Altcoins #SOL pic.twitter.com/zgYLDdESQa
— Crypto GEMs 📈🚀 (@cryptogems555) August 1, 2024
POODL value is presently at $0.0458 and can attain $0.0539 within the ultimate presale stage earlier than itemizing on Raydium at $0.06.
The excitement round Poodlana mixed with the potential for meme cash to flourish as cryptocurrencies soar suggests POODL may see a major explosion when it begins buying and selling after the presale closes on Aug. 16.
Study extra about Poodlana right here.
