{"id":35075,"date":"2024-07-29T23:26:10","date_gmt":"2024-07-29T23:26:10","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/cryptocurrencies-to-watch-in-august-poodlana-bitcoin-book-of-meme-bome\/"},"modified":"2024-07-29T23:26:10","modified_gmt":"2024-07-29T23:26:10","slug":"cryptocurrencies-to-watch-in-august-poodlana-bitcoin-book-of-meme-bome","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/cryptocurrencies-to-watch-in-august-poodlana-bitcoin-book-of-meme-bome\/","title":{"rendered":"Cryptocurrencies to watch in August: Poodlana, Bitcoin, BOOK OF MEME (BOME)"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/07\/wall-street-bull-bitcoin-2-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/07\/wall-street-bull-bitcoin-2-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/07\/wall-street-bull-bitcoin-2-smartcrop-750x375.webp\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/07\/wall-street-bull-bitcoin-2-smartcrop-363x181.webp\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Poodlana\u2019s presale surges to $3.5M, with price set to rise further.<\/li>\n<li>Bitcoin hits $69,000, boosted by Trump\u2019s pro-crypto remarks.<\/li>\n<li>BOOK OF MEME rises 20%, with strong technical patterns and market interest.<\/li>\n<\/ul>\n<p>As August approaches, the cryptocurrency market continues to evolve with exciting developments and noteworthy trends. Three cryptocurrencies stand out for their potential to capture significant attention and drive market momentum: Poodlana (POODL), Bitcoin (BTC), and BOOK OF MEME (BOME).<\/p>\n<p>Each of these assets is making waves in its own way, whether through innovative presales, significant price rallies, or emerging market trends.<\/p>\n<p>Here\u2019s why Poodlana, Bitcoin, and BOOK OF MEME (BOME) are the ones to watch as we move deeper into August.<\/p>\n<h2>1. Poodlana: a new Solana meme coin making waves in presale<\/h2>\n<p>Poodlana (POODL) is quickly gaining traction in the crypto space, particularly within the meme coin sector. Launched on July 17, 2024, <a href=\"https:\/\/www.poodlana.com\/?utm_source=media&amp;utm_medium=artc&amp;utm_campaign=coinjournal&amp;utm_term=internal&amp;utm_content=investment_opportunity\">Poodlana\u2019s presale<\/a> has already hit an impressive $3.5 million in under two weeks.<\/p>\n<p>This surge in interest highlights the growing excitement around this new entrant in the market.<\/p>\n<p>The inspiration behind Poodlana is equally compelling. The cryptocurrency draws from the allure of the poodle, one of Asia\u2019s top dog breeds, blending fashion-forward appeal with the meme coin trend.<\/p>\n<p>This combination is resonating with both investors and enthusiasts, contributing to its rapid rise.<\/p>\n<p>With just 17 days left in the presale, the token is set to list on its first decentralized exchange (DEX) on August 16.<\/p>\n<p>The presale price is designed to rise after every 72 hours. The price at press time was $0.0335 and was expected to rise to $0.0375 in the next presale stage.<\/p>\n<p>It is projected to list on crypto exchanges $0.06, offering early buyers a chance to capitalize on a potentially lucrative opportunity.<\/p>\n<p>Poodlana\u2019s tokenomics are also noteworthy. With a total supply of 1 billion tokens, 50% is available during the presale, and 100% will be unlocked after the ICO sale.<\/p>\n<p>The token\u2019s immediate listing on a DEX post-presale is designed to eliminate uncertainties and could drive significant price movement as the project transitions from presale to public trading.<\/p>\n<h2>2. Bitcoin: seeing increased activity after the Bitcoin 2024 Conference<\/h2>\n<p>Bitcoin (BTC) remains a cornerstone of the cryptocurrency market, and its recent performance underscores its continued relevance and influence.<\/p>\n<p>In the past 24 hours, <a href=\"https:\/\/coinjournal.net\/bitcoin\/\">Bitcoin price<\/a> has surged by over 3%, breaking past the $69,000 level. This price increase reflects a broader bullish trend in the market, which is further fueled by recent events.<\/p>\n<p>Former President Donald Trump\u2019s pro-crypto speech at the Bitcoin Conference has been a significant driver of Bitcoin\u2019s recent gains.<\/p>\n<p>Trump pledged to prevent federal Bitcoin sales if re-elected and to make the US a global leader in cryptocurrency. His remarks have resonated with the crypto community, contributing to Bitcoin\u2019s recovery and pushing it closer to the $70,000 mark after trading as low as $63,000 in the past week.<\/p>\n<p>The rally has also positively impacted other Bitcoin-related tokens. For instance, <a href=\"https:\/\/coinjournal.net\/bitcoin-cash\/\">Bitcoin Cash (BCH)<\/a> and <a href=\"https:\/\/coinjournal.net\/bitcoin-sv\/\">Bitcoin SV (BSV)<\/a> saw substantial gains of over 14% on Monday. BSV, in particular, has experienced a dramatic 16% jump over the last day, indicating a strong recovery despite being down about 45% year-to-date.<\/p>\n<p>With Bitcoin\u2019s influence permeating the market and its price nearing $70,000, it remains a key asset to watch in August.<\/p>\n<h2>3. BOOK OF MEME (BOME): another Solana-based meme coin that\u2019s rising<\/h2>\n<p>BOOK OF MEME (BOME) is rapidly emerging as a standout within the Solana ecosystem. Recent developments highlight a significant bullish trend for this meme coin. BOME surged 20% to $0.0105, driven by a combination of technical patterns and broader market movements.<\/p>\n<p>The token\u2019s impressive rally is reinforced by a golden cross pattern, where the 50-day Exponential Moving Average (EMA) crosses above the 200-day EMA, signaling strong bullish momentum.<\/p>\n<p>Additionally, BOME has shown resilience by rebounding from early July\u2019s drop. After retesting the $0.0065 support level, the token managed to break through key resistance at $0.0095, climbing to $0.01065.<\/p>\n<p>The Relative Strength Index (RSI) also broke bearish divergence, further supporting the positive outlook.<\/p>\n<p>Despite this, traders should remain cautious, as the RSI\u2019s entry into the overbought region and potential volatility from the upcoming Federal Open Market Committee (FOMC) meeting could influence price movements.<\/p>\n<p>The growing interest in BOME is also evident from a 74% increase in futures open interest. This indicates heightened market interest but also suggests potential for increased volatility and subsequent corrections.<\/p>\n<p>The presence of an inverse head and shoulders pattern on the daily chart suggests a possible 41% surge to $0.013, making BOME a key cryptocurrency to monitor closely in August.<\/p>\n<h2>Conclusion<\/h2>\n<p>While Poodlana (POODL), BOOK OF MEME (BOME), and Bitcoin each present compelling bullish indicators for August, <a href=\"https:\/\/www.poodlana.com\/?utm_source=media&amp;utm_medium=artc&amp;utm_campaign=coinjournal&amp;utm_term=internal&amp;utm_content=investment_opportunity\">Poodlana<\/a> stands out as the most promising choice.<\/p>\n<p>With its presale currently underway, Poodlana offers a clear price increment path leading up to its August 16 DEX listing, providing a more predictable investment opportunity.<\/p>\n<p>In contrast, Bitcoin and BOOK OF MEME face market volatility that could lead to significant price swings. For those seeking a more structured and potentially lucrative investment, Poodlana\u2019s presale phase offers a unique and advantageous position.<\/p>\n<p>Nevertheless, it is always important to do your due diligence before making any crypto investment due to the volatile nature of the crypto market.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/cryptocurrencies-to-watch-in-august-poodlana-bitcoin-book-of-meme-bome\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Poodlana\u2019s presale surges to $3.5M, with price set to rise further. Bitcoin hits $69,000, boosted by Trump\u2019s pro-crypto remarks. BOOK OF MEME rises 20%, with strong technical patterns and market interest. As August approaches, the cryptocurrency market continues to evolve with [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":35076,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/35075"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=35075"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/35075\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/35076"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=35075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=35075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=35075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}