Poodlana price prediction as crypto market matures in 2024

The meme coin market has seen somewhat of an explosive growth in recent years. 

It was hardly worth enough to be called a “market” before the pandemic but had garnered a valuation of over $20 billion by the end of it. 

More importantly, the meme coin market is far from being done expanding yet. New entrants are still joining the space – a notable one being Poodlana that is scheduled to launch on July 17th. 

Poodlana is launching at a perfect time

If the meme coin market continues to grow at a similar pace moving forward, POODL – the native token of the dog-themed crypto project may benefit and those who invested in it in the early stages will likely profit in the coming months. 

But there’s more to Poodlana that signals potential for price appreciation moving forward.

For example, Poodlana may be an attractive investment for 2024 as it’s a Solana-based meme coin. That’s significant since tokens on that blockchain have seen solid demand in recent months. 

Plus, the timing of POODL is immaculate. It’s launching at a time when the crypto market at large is maturing and is expected to do well due to several tailwinds. 

These include the Bitcoin ETFs that the Securities & Exchange Commission approved in January and the halving event in mid-April. Many believe that the supply and demand shock related to the two developments will see BTC rally further in the coming months. 

That’s significant for POODL as strength in the world’s largest cryptocurrency is seldom restricted. In fact, a bunch of other cryptocurrencies tend to benefit when Bitcoin soars and that may include the native Poodlana coin in 2024. 

POODL doesn’t require a huge capital investment

Poodlana will launch its one-month presale on July 17th. Its presale will proceed in ten stages of three days each with the price of POODL increasing after every stage. 

The initial price of the native Poodlana token has been announced at $0.02 while it will end the presale at $0.0539. What the presale price suggests is that you won’t have to break a bank to build an early position in POODL. 

A DEX listing will follow within one hour of the presale ending that will make the Poodla coin more accessible which typically tends to deliver a further increase in price.

Interested in finding out more about Poodlana and its native POODL coin? Click here to visit the project website now. 

Interest rate cuts may benefit Poodlana (POODL)

Poodlana may be a meme coin but it’s basically a cryptocurrency at its core and, therefore, it is conceivable that the broader tailwinds for the crypto market at large will reflect in the price of POODL this year.

Such tailwinds include the expected rate cuts at some point in 2024. 

When the U.S. Federal Reserve begins to lower rates, investors typically turn to the risk-on assets including cryptocurrencies. That may boost interest in the native Poodlana token. 

Note that you buy POODL token with BNB, USDT, ETH, SOL, USDC, and even fiat currencies or card payments. You can find further details about Poodlana on its website on this link.