Stylish Poodlana (POODL) to outshine PEPE amid the ultimate fashion weeks

Poodlana (POODL) is a unique meme crypto that attracted the attention of crypto enthusiasts with its recently concluded 30-day ICO, where it raised $8 million.

The altcoin’s perfect blend of blockchain, high-end fashion, and meme culture sets it ahead of the competition in the themed tokens sector.

While PepeCoin failed to keep pace amid whale exit and declined user engagement, Poodlana looks to extend its initial excitement with substantial prizes during the ultimate fashion weeks.

The project will launch a competition during the event, where participants will earn up to $200 in rewards.

According to Poodlana,

This will run through all the major Fashion Weeks – New York, London, Milan, and Paris. Four cities, four changes, four winners. $200 for each of you (if you manage not to bore me).

Such developments will likely boost user activity on Poodlana, making it among the meme tokens to watch in the upcoming months.

PEPE sees bearish signals amid consolidations

PepeCoin seems to lose its hype as top on-chain indicators display mixed tendencies. First and foremost, the frog-themed token experiences a 26% decline in whale transaction volume.

Also, active PEPE addresses dipped by over 7% in the past 24 hours (according to IntoTheBlock), indicating a shift in trading sentiment and deteriorated user interest.

Declined active addresses will reduce trading volumes, impacting the token’s liquidity. Nonetheless, PEPE’s price chart shows a symmetric triangle formation.

The setup emerges before massive volatility expansion, where prices surge or keep falling.

What next for PEPE?

While the meme crypto nears the top of the symmetric triangle, enthusiasts should watch the ongoing ecosystem developments, primarily whale actions.

Deteriorated whale activity amid plummeting user activity could indicate a distribution or accumulation phase, depending on the prevailing market sentiments.

Thus, PEPE’s current consolidation could welcome potential breakouts in either direction – depending on the broad market outlook.

While PepeCoin’s trajectory remains unpredictable, attention will likely switch to Poodlana, as new meme tokens tend to outperform established ones.

Should you invest in Poodlana?

Poodlana could be a perfect choice for meme enthusiasts looking for something with real-world utility.

Unlike most projects that struggle to retain investor excitement after presale ends, POODL has stayed on the investors’ radar since its dazzling debut.

The new project displays impressive performance on exchanges, with press time trading volumes of over $1 billion on MEXC (according to Coingecko), $300 million on BingX, and $130 million on Raydium.

Further, the altcoin looks to dominate the charts in the upcoming sessions, promising surged activity amidst the fashion weeks.

Poodlana

@Poodlana

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Replying to @Poodlana

NEW YORK: Entries Open NOW – 6PM UTC Friday 13th, Winner Announced 7PM UTC : Friday 13th, prize $200 LONDON: Entries Open 9AM UCT Monday 16th – 6PM UCT Friday 21st, Winner Announced 7PM UCT Friday 21st, prize $200 MILAN: Entries Open 9AM UCT Monday 23rd – 6PM UCT Friday 28th,…

7:29 PM · Sep 11, 2024

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Current POODL price action

The fashion-themed meme token traded at $0.01358 at press time, following a 0.16% upswing over the past day.

Poodlana displays weakness, with a 60% decline in 24-hour trading volume, and will likely dip before surging.

However, POODL has mirrored broad market performance lately and looks to leverage ongoing trends in the fashion world to decouple.

You can find more details about Poodlana here.