• SOL costs rose to over $187 and over $4 million in brief positions have been liquidated.
• FashionFi's meme coin Poodlana accelerated its presale because the business surged amid bullish predictions for U.S. politics and cryptocurrency.
• POODL surpassed $3 million in gross sales on July 27, simply 10 days after pre-sales started.

The cryptocurrency market has seen over $63 million in liquidations prior to now 24 hours, with most of this, round $45 million, being brief positions, in line with the info.

Solana (SOL) surged above $187, liquidating over $4 million in bearish bets, whereas Poodlana surged to over $3 million in presales on rising curiosity from Asian buyers.

Solana brief vendor liquidation hits $4M as SOL surges

in the meantime Coin Glass Information Though it exhibits that complete cryptocurrency liquidations fell by 67% throughout the aforementioned interval, the market nonetheless noticed important bearish bets.

On the time of writing, complete liquidation for Solana had reached $4.95 million, with the compelled promoting occurring as SOL worth elevated by over 5% to a excessive of $188.

SolanaFloor shared X’s liquidation knowledge, exhibiting that the most important bearish wager in opposition to SOL was liquidated for $560,000, which occurred when the value of Solana rose above $187.

🚨 Replace: Over $4 million in brief positions liquidated $sol It reaches $187.

The biggest brief liquidation was at $186 for $560,000. pic.twitter.com/8DaGNYIun5

— Solana Flooring (@SolanaFloor) July 27, 2024

In the meantime, over $16 million in Bitcoin brief positions have been liquidated, whereas Ethereum accounted for round $7 million in brief positions, with each cash rising above key worth ranges: BTC traded above $68,300, whereas ETH hit a excessive above $3,290.

Solana rose after VanEck reported that numerous individuals requested about it at its sales space on the Bitcoin 2024 convention.

VanEck is without doubt one of the ETF issuers that has filed for the Solana Spot ETF with the U.S. Securities and Alternate Fee. Analysts say approval for the SOL ETF within the U.S. may come as quickly as 2025.

WEN, MAGA Token Surges as Meme Coin Rise

Meme cash surged amid renewed optimism within the cryptocurrency market, with Solana Meme Coin sector market cap rising 10%.

Bitcoin, Ethereum, and Solana are attracting consideration as whales purchase BTC, ETH, and SOL, however a number of tokens are trending resulting from excessive curiosity in meme cash.

On the time of writing, Wen is up 20% and PolitiFi token MAGA is up 16%. Donald Trump is scheduled to talk on the Bitcoin 2024 convention.

The highest meme cash by market cap – Dogecoin, Shiba Inu, Pepe and dogwifhat – additionally noticed their costs improve by greater than 5% every prior to now 24 hours.

The general meme coin market grew 8% to greater than $56 billion, however because the sector grows, investor curiosity is popping to new potential gems.

Pudrana accelerates to $3 million in presale

Poodlana is a brand new meme coin from Solana that goals to experience the fusion of crypto tradition and FashionFi into the market.

The mixture of the worldwide enchantment of the style market and the rising adoption of cryptocurrency has seen the poodle-inspired mission garner important consideration in just some days since its presale started. Simply over per week after the 30-day POODL presale started, “Hermes of Crypto” has raised a staggering $3 million.

Poodlana's overwhelming help has been fuelled by its large reputation in Asia, the place the poodle is a well-liked breed, however the mission has additionally attracted fashion-centric communities and meme coin fanatics from world wide.

This enchantment, together with bullish predictions for the cryptocurrency, is prone to gasoline additional good points for Poodlana as soon as the mission launches on DEXs inside an hour of the tip of its presale on August 16.

There are 19 days left till POODL hits the buying and selling market, and the present place alternative is $0.0299.

Notably, the value will soar to $0.0335 within the subsequent stage after which once more each 72 hours till the ultimate stage. As per particulars on the mission web site, the DEX itemizing worth will probably be $0.06.

If you want to study extra about Poodlana or be part of the group, please go to their web site.