SUI worth predicted as Poordrana enters last 7-day countdown

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  • Sui costs have risen 28% prior to now 24 hours, main the market rally.
  • In the meantime, Pudrana hit $5.8 million in presales with lower than seven days left.

As cryptocurrencies surge amid Bitcoin’s surge in the direction of $60,000, Sui (SUI) has surged 28% prior to now 24 hours, making it one of many high performing altcoins.

Additionally trending is Poodlana (POODL), Solana's new dog-themed meme coin, which raised over $5.8 million in simply over three weeks of presale.

Poodlana Presale Countdown: Lower than 7 Days Left

As cryptocurrencies look to realize extra upward momentum, BTC, ETH, and SOL are a few of the high cash to look at, with Sui additionally garnering consideration after high crypto buyers and analysts famous its efficiency towards its friends.

Nonetheless, one new market entrant that’s making waves is the Solana-based cryptocurrency Poodlana (POODL).Buyers eyeing the potential meme coin surge are investing on this poodle-inspired Solana meme coin.

Poodlana has attracted the eye of crypto lovers and luxurious style throughout markets, elevating over $5.8 million in 22 days, with the model experiencing a surge in reputation in Asia, the place crypto, meme cash and poodles are a preferred mixture.

At present in stage 8, Poodlana has simply 7 days left till the POODL presale ends. The token will probably be listed on Raydium quickly. The venture can be taking a look at some high exchanges and is presently rewarding the group for reposting wishlists on X.

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One of many main cryptocurrency exchanges could also be making ready to checklist POODL.

On this case, the date to mark in your calendar is August 16, 2024.

Sui worth prediction: Raul Pal shares bullish view

XRP noticed a major surge amid the most recent Ripple information, however SUI is the best-performing altcoin among the many high 50 cryptocurrencies by market cap. It’s presently ranked thirty seventh.Quantity Bitcoin, which has a market capitalization of $2.1 billion, rose 29% in 24 hours, outperforming Ethereum, Solana and XRP, which fell under $0.60 after a pointy rally on Thursday.

Sui worth is hovering round $0.83, its highest since July 22. Raul Pal, founder and CEO of Actual Imaginative and prescient, predicts that the layer-1 blockchain native token might be one of many high cash to look at this cycle.

Pal, a key proponent of Solana, describes Sui as a “super-fast L1, super-efficient full blockchain ecosystem born out of Meta’s Diem venture.”

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“$SUI is turning into very fascinating price-wise. Whereas nonetheless early and unconfirmed, it’s displaying indicators of a breakout versus most tokens,” RealVision’s CEO famous in X’s publish.

Apart from USD, SUI can be displaying attainable breakout patterns towards Aptos, Celestia, Close to Protocol, and Avalanche. Pal additionally famous that altcoins are displaying comparable trajectories with the SUI/BTC and SUI/SOL pairs.

Taking a look at SUI/USD, the day by day chart reveals that it’s above the resistance line of the descending channel and the Relative Power Index (RSI) is 50 factors above the market, indicating that bulls are in energy.

SUI worth chart. Supply: TradingView

The bullish crossover of the Transferring Common Convergence Divergence (MACD) indicator additionally means that the patrons could proceed their upside regardless of the large rally of the previous two days.

POODLANA PRICE PREDICTION: WILL POODL EXPLOSIVE?

Whereas L1 tokens like Sui may surge and check current highs, the meme coin market has been one sector with notable volatility, with notable initiatives like dogwifhat, Bonk, and Brett seeing massive positive aspects after launching and persevering with to rally.

In accordance with some analysts, Poodlana may outperform these meme cash, and Crypto GEMs is a type of analysts who shares this bullish view.

POODL is presently priced at $0.0458 and is anticipated to achieve $0.0539 within the last presale stage earlier than being listed on Raydium for $0.06.

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The excitement surrounding Poodlana, mixed with the potential rise of meme cash as cryptocurrencies surge, may see POODL expertise vital explosive development as soon as buying and selling begins after the presale closes on August 16.

Discover out extra about Poodlana right here.

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