Why is Poodl Inu Surging? Bonk and Wif Investors Are Moving to This Still Low-cap Meme Coin Gem
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
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
Read more on cryptonews.com
