How to Buy Poodlana Tokens – A Beginner’s Guide

Poodlana ($POODL) is a new Poodle-themed meme coin on the Solana network. It’s halfway through a 30-day presale campaign, with more than $3.7 million already raised.

This guide explains how to buy Poodlana tokens in under five minutes. Read on to secure an immediate presale upside of up to 79%.

How to Buy Poodlana ($POODL): A Beginner’s Guide

Are you new to presale investing? Read on, we’ll now walk you through the required process. We explain how to set up a suitable wallet, fund it with crypto, and connect it to the Poodlana presale website.

After that, you’ll learn how to set up a presale order, and how to prepare for the $POODL exchange listing.

Step 1: Set Up a Compatible Wallet

So, the only way to invest in presales like Poodlana is with a crypto wallet. The wallet must be non-custodian, as you’ll need to authorize the presale purchase. Moreover, the wallet should offer robust security features. This is because $POODL tokens will be stored in the wallet until you cash out. 

If you don’t currently have a wallet that meets this criterion, consider MetaMask. Used by over 100 million investors, MetaMask is a free non-custodial wallet that takes minutes to set up. It comes as a browser extension for Chrome, Edge, and Firefox. Not to mention a mobile app for iOS and Android. 

Visit the MetaMask website and click ‘Download’. Select and install your preferred device type. Open MetaMask and create a new wallet. Choose a password/PIN and write down the backup passphrase. Re-enter the passphrase to confirm it’s been logged correctly. And that’s it – you now have a secure wallet for the Poodlana presale. 

Step 2: Fund Your Wallet with Supported Crypto

Your MetaMask wallet is empty, so it needs to be funded with some cryptocurrencies. This should be a coin that the Poodlana presale accepts. 

Your options are listed below:

• Ethereum Network: ETH, USDT, USDC
• BNB Chain Network: BNB, USDT, USDC
• Solana Network: SOL, USDT, USDC

MetaMask comes preinstalled with the Ethereum network. So we’d suggest buying ETH.

The good news is that MetaMask offers a fiat on-ramp, meaning you can buy ETH without leaving the wallet interface. What’s more, no wallet transfers are needed, as the ETH will immediately be added to your MetaMask balance.

So, click on the ‘Buy’ button and choose your preferred currency and payment method. Some of the payment types accepted include bank transfers (e.g. ACH, SEPA), debit/credit cards, and PayPal. Ensure your purchase amount meets the minimum and maximum requirements.

Next, the fiat on-ramp provider will ask for some personal details and some ID (e.g. passport or driver’s license.). Then, enter your payment details to complete the purchase. Wait a few seconds, and the ETH should appear in your MetaMask wallet.

Step 3: Connect Wallet to the Presale Website

The next step is to visit the Poodlana presale website. You’ll see the presale dashboard on the right-hand side. This shows the amount raised so far and the current presale price. Click on the ‘Connect Wallet’ button to proceed.

Choose the ‘EVM’ option and click on ‘MetaMask’. It’s best to do this from the same device that MetaMask is installed on. Otherwise, you’ll need to scan a QR code. Before connecting, MetaMask will ask for confirmation – provide it and move to the next step. 

Step 4: Complete The Poodlana Presale Investment

The next step is to choose the investment currency in the ‘You Pay’ field. This will be ETH (Ethereum) if you’ve followed our walkthrough. Next, type in the investment size.

We’ve typed in 0.6 ETH in our example. The ‘You Receive’ field will now update with the equivalent number of $POODL tokens. That’s 58,824 $POODL based on our 0.6 ETH investment.

Finally, confirm the presale order via MetaMask. This is because ETH will be transferred to the Poodlana wallet, so you must authorize it. And that’s it – you’ve just learned how to buy Poodlana tokens at the lowest price possible.

What Is Poodlana?

Poodlana is a new crypto project based on the Poodle dog breed. It aims to become one of the best dog-themed meme coins for 2024. Like most meme coins, Poodlana is highly speculative. Its future growth will be based on FOMO and hype, so the project is only suitable for investors with a strong risk appetite.

Poodlana has created unique artwork, allowing investors to share the project on social networks. It has also developed a rewards-based program for those sharing Poodlana content. The Poodlana community votes on the best post every week and the winner receives $2,500 worth of USDT.

This is a clever marketing strategy that can help Poodlana become the next 100x crypto. As a brand-new project, Poodlana is raising working capital via a presale campaign. This enables investors to buy its native token, $POODL, before it begins trading on public exchanges. The presale not only offers a discounted price but an immediate upside.

The current price is just $0.0335 per token. This will increase to $0.0375 in about 32 hours. Price hikes happen every few days until the presale ends. 60 minutes after its conclusion, $POODL will be listed on Raydium at $0.06. Therefore, those investing in the presale today could get a 79% upside – assuming there’s sufficient liquidity and the price doesn’t tank.

Why Buy Poodlana?

Still not sure if Poodlana is a good investment? This section explores the $POODL investment thesis in more detail. 

Presale Investors Get a Solid Discount

Presale ICO investors are essentially venture capitalists – meaning you’re investing in a new project from the ground up. In the case of Poodlana, the presale event comes before the exchange listing. All presale investors get a discounted price.

That said, the specific discount depends on when the investment is made – as the price increases every few days until the presale finishes. For example, those investing in the next 30 days will pay $0.0335. After that, the price will increase by 11% to $0.0375. Therefore, those planning to invest should complete the purchase before the next price hike.

Confirmed Exchange Listing and Price

The Poodlana presale is currently on the 16th day of a 30-day campaign. $POODL tokens will be listed on the Raydium exchange 60 minutes after the presale finishes. Raydium is the leading decentralized exchange for Solana-based tokens. You can bridge your tokens to Raydium if you’ve invested on another chain, such as Ethereum or BNB.

Either way, Poodlana has confirmed an exchange listing price of $0.06. This is 79% higher than the current presale price. In theory, this means you’ll get a $79 upside for every $100 invested. However, this can’t be guaranteed. After all, if all presale investors plan to lock in their upside straight away, the $POODL price can collapse.

Attractive Tokenomics

Poodlana has attractive tokenomics, as confirmed by the SolidProof audit. The total $POODL supply is 1 billion. Poodlana is selling 50%, or 500 million tokens, to presale investors. This allows us to estimate the market capitalization once the presale ends.

For example, we mentioned that the exchange listing price is $0.06. Based on 500 million tokens, the market capitalization upon listing will be just $30 million. The full diluted market capitalization, based on 1 billion tokens, would be $60 million. This means gains of 10x or more could be achieved quickly – especially if Poodlana creates enough hype.

Do note that unsold presale tokens will be burned, meaning they’re removed from the circulating supply. This would reduce the market capitalization, which could be beneficial for presale investors. The remaining 50% supply will be split between marketing, project funds, exchange liquidity, rewards, and partnerships.

Rewards-Based Marketing on Social Media

Poodlana is just one meme coin from thousands of market entrants. The project will live or die by its marketing campaign. Meaning – Poodlana must get its project in front of as many eyes as possible. This can be costly, considering how oversaturated the meme coin space is right now.

That said, Poodlana has developed a smart and cost-effective marketing strategy. It offers a rewards-based competition every week, requiring participants to share Poodlana content on social media. The community votes on their favorite post, with the winner receiving $2,500 worth of USDT.

Poodlana Price Prediction – What Is $POODL Potential?

So that begs the question – what is the Poodlana price prediction for the next few months and years? After the presale finishes, $POODL will begin trading at $0.06. As mentioned, the estimated market capitalization will be $30 million, based on all presale tokens being sold.

Some investors will be aiming for 5x gains after the presale. This would mean a $POODL price of $0.30 and a market capitalization of $150 million. Other investors are even more bullish. Consider an investor targeting gains of 20x. This would mean a $POODL price of $1.20 and a market capitalization of $600 million.

Even so, $POODL would still be worth less than other dog-themed meme coins, such as Shiba Inu, dogwifhat, and FLOKI. That said, investors should remember that new meme coins are launched every day. There is no knowing whether Poodlana will be successful.

Conclusion

In summary, we’ve explained how to buy Poodlana and analyzed the potential of the $POODL presale. Although Poodlana could generate presale gains, we’d argue that there are much better alternatives.

Before proceeding, consider reading our market report on the best crypto presales for 2024. We cover a wide range of presale niches, including learn-to-earn education, layer 2 networks, and gamification.

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Kane Pepi

Editor

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Kane Pepi

Editor

Kane Pepi is an accomplished financial and cryptocurrency writer who has an extensive portfolio of over 2,000 articles, guides, and market insights. With his expertise in specialized subjects such as asset valuation and analysis, portfolio management, and financial crime prevention, Kane has built a reputation for providing clear explanations of complex financial topics. He holds a Bachelor's Degree in Finance and a Master's Degree in Financial Crime, and is currently pursuing his Doctorate degree, which focuses on investigating the complexities of money laundering in the cryptocurrency and blockchain technology sectors. Kane's wealth of knowledge and experience in the field make…

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