{"id":36809,"date":"2024-08-28T10:21:43","date_gmt":"2024-08-28T10:21:43","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-dips-below-60k-again-is-this-a-buying-opportunity-for-gems-like-poodl\/"},"modified":"2024-08-28T10:21:43","modified_gmt":"2024-08-28T10:21:43","slug":"bitcoin-dips-below-60k-again-is-this-a-buying-opportunity-for-gems-like-poodl","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-dips-below-60k-again-is-this-a-buying-opportunity-for-gems-like-poodl\/","title":{"rendered":"Bitcoin dips below $60k again. Is this a buying opportunity for gems like $POODL?"},"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\/08\/shutterstock_2132501507-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/08\/shutterstock_2132501507-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/08\/shutterstock_2132501507-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/08\/shutterstock_2132501507-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<p><span style=\"font-weight: 400;\">Key takeaways<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Bitcoin is down 6% in the last 24 hours and trades below the $60k level again.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">POODL is now live on MEXC, Raydium, and Bingx crypto exchanges.<\/span><\/li>\n<\/ul>\n<h2>BTC slips below $60k again<\/h2>\n<p><span style=\"font-weight: 400;\">The cryptocurrency market is underperforming so far this week, with the prices of most coins and tokens down 6% or more in the last 24 hours. Bitcoin has lost over 6% of its value and trades below $60k.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At press time, the <\/span><a href=\"https:\/\/coinjournal.net\/bitcoin\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">price of Bitcoin<\/span><\/a><span style=\"font-weight: 400;\"> stands at $58,666 and could dip further if the bearish momentum continues. However, the retrace could also be a buying opportunity, allowing investors to load up on Bitcoin and other gems.\u00a0<\/span><\/p>\n<h2>What is Poodlana?<\/h2>\n<p><span style=\"font-weight: 400;\">As the broader market underperforms, one of the projects investors could be looking to load up is $POODL, the native coin of the <\/span><a href=\"https:\/\/poodlana.com\/?utm_source=media&amp;utm_medium=artc&amp;utm_campaign=coinjournal&amp;utm_term=internal&amp;utm_content=investment_opportunity\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Poodlana<\/span><\/a><span style=\"font-weight: 400;\"> ecosystem. The project is gathering steam amongst institutional and retail investors thanks to its unique approach to the market.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Poodlana is a Solana-based meme coin that aims to introduce the glamor of high fashion to the crypto world. It promotes the ethos of community while providing utility to users.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The team will leverage Poodlana\u2019s popularity in Japan, Korea, and China to build a strong community for this project.<\/span><\/p>\n<h2>Poodlana\u2019s token is now live on MEXC and BingX<\/h2>\n<p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/poodlana.com\/?utm_source=media&amp;utm_medium=artc&amp;utm_campaign=coinjournal&amp;utm_term=internal&amp;utm_content=investment_opportunity\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Poodlana<\/span><\/a><span style=\"font-weight: 400;\"> presale was successful, raising $8 million from the public. As soon as the presale was concluded, the team went ahead to list the token on centralised exchanges.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">$POODL has already gone live on the MEXC crypto exchange. The token was also recently <\/span><a href=\"https:\/\/x.com\/Poodlana\/status\/1826931962193359261\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">listed on the BingX<\/span><\/a><span style=\"font-weight: 400;\"> and Raydium exchanges.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Currently, only the POODL\/USDT pair is live on these exchanges, but they could list more pairs, such as POODL\/BTC and POODL\/ETH, in the coming weeks or months.\u00a0<\/span><\/p>\n<h2>Should you buy POODL in this dip?<\/h2>\n<p><span style=\"font-weight: 400;\">The best times to purchase a token are during presale or a market dip. With the presale now over, the only option to explore is to purchase <\/span><a href=\"https:\/\/poodlana.com\/?utm_source=media&amp;utm_medium=artc&amp;utm_campaign=coinjournal&amp;utm_term=internal&amp;utm_content=investment_opportunity\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Poodlana<\/span><\/a><span style=\"font-weight: 400;\"> tokens via cryptocurrency exchanges.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thanks to Bitcoin\u2019s dip, most <a href=\"https:\/\/coinjournal.net\/compare\/best-altcoin-to-buy\/\">altcoins<\/a> are currently underperforming. Hence, it could be an excellent time to purchase $POODL tokens on MEXC, BingX, and Raydium cryptocurrency exchanges.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meme coins have become a crucial part of the cryptocurrency ecosystem, with several having a market cap of $1 billion or more. $POODL is still in its early days but could challenge other leading <a href=\"https:\/\/coinjournal.net\/compare\/best-meme-coins\/\">memecoins<\/a> like Shiba Inu, Pepe, and Dogecoin in the future. <\/span><\/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<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-dips-below-60k-again-is-this-a-buying-opportunity-for-gems-like-poodl\/\">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 ) Key takeaways Bitcoin is down 6% in the last 24 hours and trades below the $60k level again. POODL is now live on MEXC, Raydium, and Bingx crypto exchanges. BTC slips below $60k again The cryptocurrency market is underperforming so far [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":36810,"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\/36809"}],"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\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=36809"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/36809\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/36810"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=36809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=36809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=36809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}