BONK and WIF are on a volatile journey with the prospect of further corrections threatening to stagnate their journey ahead. Despite the significant market cap they gained during the recent bull run, they have little steam left.
The large market caps and the growing competition in the meme coin market are the culprits. Massive market capitalizations are unsustainable in the meme coin niche, where many low-cap alternatives with trending themes compete for attention.
Poodl Inu ($POODL) is benefitting from the trend shift.
“I Found The NEXT 100x Shiba Inu (Poodl Inu)”@michaelwrubs is a geniushttps://t.co/mhmK3UFJqJ
— Poodl Inu (@poodlinu) March 20, 2024
Poodle Inu Presale is Racing Ahead
Bonk and Dogwifhat offer limited potential for new investors at this point. Promising newcomers like Poodl Inu, on the other hand, present an opportunity for investors to potentially achieve high returns due to their low market caps and trending themes.
Within days of its launch, the Poodl Inu presale has successfully raised $2.1 million. The presale is gaining momentum at a rapid speed.
Although meme coins are popular for their profitability, they are also known for their substantial risks. Poodl Inu’s proactive risk management strategies set it apart from the crowd. The project can be best regarded as a utility token packaged within the framework of a meme coin.
Its key objective is the development of a ‘Dog DEX Park,’ where $POODL will function as the primary reward and payment token, supported by staking utilities. Investors can profit from the project’s growth by locking up $POODL in the staking contract right from the presale stage and supporting its price action.
The strategically designed tokenomics and roadmap will continue to give the spotlight to Poodl Inu even after the frenzy and speculative fervour diminish.
Why is $POODL Trending?
Strategic meme coin investors typically accumulate trending meme coins early on, preferably before the exchange launch. This helps them reduce their risk and increase their reward substantially.
A diversified portfolio of emerging and established tokens is key to maintaining profitability in the meme coin market. Another common trend is to sell off a portion of the meme coin holding when it reaches the saturation point and reinvest in newer alternatives. The trend is increasingly visible in the case of Bonk and Dogwifthat now, which broke past their saturation points in the recent bull run.
The approach is central to maximizing the investor’s growth potential in a volatile market.
But for the project, it impedes long-term objectives.
Poodl Inu bucks the trend with its robust utility ecosystem. It works well as a viable short-term investment due to its meme coin theme that has already gone viral. But the utility ecosystem reinforces its potential as a sustainable long-term asset.
Poodl Inu sets itself apart by offering a utility-rich ecosystem while maintaining its core identity as a meme coin. It doesn’t compromise the essential element of being eye-catching. It captivates the speculative meme coin community with its uniquely humorous theme and content.
The project’s website boldly claims, “We’re in a bull run the likes of which we haven’t seen in years. If you’re sitting back waiting for money to fall into your lap, well guess what, IT JUST DID! You’re here early, just grab a BAG of the DOPEST DOG SINCE DOGE, and then watch it grow by staking. It’s so easy, even a degenerate like you can do it. So what are you waiting for!?!”
Although there is an abundance of meme coins and dog-themed tokens in the crypto market, Poodl Inu successfully stands out with its unmatched charisma and ability to defy expectations.
Are Bonk and Wif Going Down?
Bonk and Dogwifhat are two of the most popular meme coins of 2024. Mostly because of their foundation built on the Solana ecosystem. But now that their market caps have reached the billions, they have limited growth potential.
It remains to be seen whether Poodl will surpass them in the years ahead.
But for early investors, the relevance lies in Poodl Inu’s higher upside potential rather than overtaking Bonk and WIF. The discounted price at the presale makes the investment appealing at this point. Poodl Inu’s speculative appeal and utility features promise higher short-term and long-term returns on investment.
Investors can benefit from a staking Annual Percentage Yield (APY) of 140% during this presale stage.
Disclaimer: The text above is an advertorial article that is not part of Cryptonews.com editorial content.
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