The post Dogwifhat vs. Poodlana: Why Investors Are Choosing Poodlana appeared first on Coinpedia Fintech News
The crypto market has been a bit flat after the surge of Q1 this year and the excitement surrounding the Bitcoin halving event. No matter, though. While Bitcoin stutters and other big names struggle to make serious gains, several contenders are emerging as some of the best meme coins currently on the market.
Take Dogwifhat, a Solana-minted meme coin that has grown unbelievably this year, to the fashionable newcomer Poodlana, strutting onto the massive crypto stage of the surging Asian market.
Putting these two coins in direct competition means there can only be one winner in the battle of the best meme coins. But which will triumph?
Poodlana: Haute couture goes crypto
Web3 is increasingly seen as a gateway into high fashion, as digital assets are increasingly integrated into high-profile advertising pushes. With the fashion market expected to exceed $2.25 trillion by 2030 and crypto becoming a growing part of the sector, Poodlana (POODL) finds itself at the apex of a fascinating growth industry.
What sets Poodlana apart? As well as being where the smart money is, Poodlana is already attracting a big-name array of A-List social media followers, with influencers across East Asia providing plenty of fuel for this pedigree pooch to go viral. Poodlana is strutting onto the catwalk with all the confidence of a viral sensation in waiting.
After all, Asia is poodle mad. Admired for their elegance and fashionable allure, they are in the top three most popular breeds in Asia’s largest crypto markets: China, Japan, and Korea. With their must-have status cemented among the global fashionista elite, Poodlana could become the unmissable digital fashion accessory of 2024 and one of the best meme coins available.
Poodlana (POODL) price prediction: FashionFi with fabulous potential
Everyone seeks exclusivity. Whether in fashion, tech or with the latest supercar. People want to stand out with status symbols, elevating themselves above the status quo and the masses.
One look at Chuan Pu and Biaoqing, both of which hit global virality after becoming regional sensations in Asia, offers insight into Poodlana’s potential. PeiPei, a Chinese crypto cultural icon, has gone international, achieving almost 100% increases in the past 30 days as it surged beyond a $100 million market cap.
None of these coins have Poodlana’s viral, forward-thinking appeal. Yet, with 80% of meme coin activity occurring during Asian trading hours, Poodlana has every chance to become the next trend embraced by this region. Where Asia starts, the world often follows.
So, while Shiba Inu and Dogecoin remain relevant, expect Poodlana to become the Hermès Birkin of the crypto world in the second half of 2024. Not only will Poodlana become part of fashionista royalty, but it could also be the next meme coin to smash 500x returns before you can say Gucci.
Dogwifhat price prediction: What’s next for this dog in a hat?
Much of the success of meme coins this year has been pushed by the performance of those minted on Solana’s robust network. And none have performed better than Dogwifhat (WIF). But what is Dogwifhat?
It’s literally what the name suggests. The meme features a cute Shiba Inu dog wearing a pink-knitted hat—nothing more.
Launched in November 2023, this Solana meme coin’s charm lies in its simplicity. With a total supply of just under 1 billion tokens circulating, Dogwifhat’s market cap is a whopping $1.8 billion at press time.
While this is impressive, helping Dogwifhat join the legion of best meme coins by market cap, its virality occurred in Q1 2024, when it surged over 97,000% from its all-time low to its ATH of $4.83 in March. Since then, the WIF token has reset to $1.80 at press time. Analysts are now pondering whether this is symptomatic of a slowdown in Dogwifhat’s progress or the calm before another surge in the year’s second half.
Dogwifhat (WIF) vs. Poodlana (POODL)—Which is this year’s best meme coin?
While there’s no doubting Dogwifhat’s recent success story, Poodlana wins the battle hands down.
With its focus on a high-end fashionable niche and a strong regional base ready to launch this newbie to viral greatness, Poodlana’s presale, which kicks off on July 17, 2024, will become a hot property.
Indeed, scarcity will drive Poodlana’s ICO to even greater heights as it’ll last only 30 days. This means there’s a limited window to grab your POODL tokens at knockdown prices, at least because when the presale ends, there’ll be an immediate DEX listing only an hour later.
And, with no vesting period, you can begin trading your POODL tokens from day one.
For more details and to join the excitement, visit the Poodlana website
