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The latest meme coin to grab the attention of investors is Poodl Inu ($POODL). It joins the successful line of dog-themed coins, but with a unique flair.
The fluffy, streetwise mutt stands out with its theme as well as the staking system.
“Poodl Inu stands out in the crypto dog park. Sure, there are other dogs. But Poodl Inu is clearly the star–with his IDGAF attitude, and dashing good looks. Poodl Inu is not just a meme coin; it’s a tidal wave on four legs,” notes the white paper.
Does Poodl Inu have what it takes to fuel the next meme coin pump? Let’s find out. But before that, there are more important questions to answer.
Do We Really Need Another Dog Coin?
The meme coin market has a clear liking for dog coins. Just look at the meme coin chart, and you will see that all the three top meme coins – Dogecoin, Shiba Inu, and BONK – are centered around dogs.
Is there really a need for yet another dog in the meme coin market?
That question is rational, yes. But it is also silly. In fact, as silly as meme coins themselves. It’s illogical to question the logic behind yet another dog coin, when meme coins themselves defy logic.
Investors had to leave logical reasoning in the backseat and give in to hype and momentum to amass returns from the meme coin market.
This understanding substantiates why Poodl Inu opted for a dog theme. But the project acknowledges that following the trend is different from being the trend. Rather than simply blending into the crowd of meme coins, Poodl Inu distinguishes itself with a quirky, humorous theme that captures the attention of speculative investors.
The white paper paints an interesting picture of the project: “The year is 2025. Crypto is flying. Dog coins are pumping. And a fluffy, streetwise mutt named Poodl Inu is leading the pack. We are at the cusp of a major shift of power in the meme coin space, and you’re here early enough to witness the revolution!”
The oddly captivating narrative of Poodl Inu has all the magic that investors look for in meme coins.
An Introduction to the $POODL Tokenomics
The total supply of Poodl Inu is 6.9 billion tokens.
$POODL has found a home in the Ethereum blockchain to capitalize on its energy efficiency and speedy transaction processing. To foster decentralization and inclusivity within the community, 50% of the token supply will be offered to early public investors during the presale phase.
A substantial portion, 30% of the supply, is earmarked for staking rewards. Staking has proven to be a great tool in maintaining a token’s price stability. It will come in handy for $POODL, particularly as the initial craze surrounding the exchange launch subsides.
The compelling rewards will incentivize investors to retain their tokens despite occasional market downturns. The accumulated rewards are expected to offset market volatility and keep the investor profitable.
10% of the supply is allocated for the development of DEX Dog Park. Another 10% is allocated for marketing efforts. According to the website, DEX Dog Park is a “playground” where Poodl Inu can freely interact with other tokens. The project has an extensive marketing plan underway, which will cover various social media platforms and crypto publications to raise awareness of the dog-themed coin.
What Does the Road Ahead Look Like?
The initial phase, now underway, will host the Poodl Inu presale exclusively for early investors. It offers heavily discounted prices and a rewarding staking program that allows early investors to begin earning staking rewards.
Moving into the second phase, the staking system undergoes changes and updates to accommodate a growing investor base. This expanding staking mechanism will play a pivotal role in sustaining the price dynamics of the meme coin. It will ensure that the coin is not exiled to obscurity after the initial craze dampens.
In the third phase, the primary focus will shift towards building the Poodl Inu community. The meme coin’s goal is to join the top 3 list and give fierce competition to DOGE, SHIB, and BONK. If POODL manages to maintain the hype, it can go on a massive surge to dethrone BONK, thus solidifying its position among the top three meme coins.
$POODL Presale is Now Live
Poodl Inu ($POODL) presale is now live with attractive discounts and staking rewards. To buy $POODL in the early stage, investors will need a Metamask wallet. The presale supports purchases in ETH, BNB, USDT, and cards.
Once you’ve completed the purchase, you can start staking your acquired tokens. Interestingly, early investors can get their tokens and unlock their accumulated staking rewards as soon as the presale is over.
As is the norm, joining the presale early offers greater discounts and higher staking rewards.
BUY $POODL FOR THE PRESALE PRICE
Source: https://finbold.com/forget-bonk-poodl-is-ready-to-catalyze-the-next-meme-coin-pump/