- SOL tag rose to above $187 to glimpse over $4 million short positions liquidated.
- Poodlana, the FashionFi meme coin, accelerated its presale as the field surged amid US politics and bullish crypto predictions.
- POODL surpassed the $3 million tag on July 27, appropriate 10 days after the presale delivery.
The cryptocurrency market has witnessed over $63 million in liquidations over the last 24 hours. Files exhibits these style of, nearly $forty five million, are in transient positions.
Solana (SOL) surging above $187 has viewed over $4 million in bearish bets liquidated. Meanwhile, Poodlana has soared to over $3 million in presale as Asia drives investor curiosity.
Solana short liquidations hit $4 million as SOL surges
Whereas Coinglass data exhibits the overall crypto liquidations had declined 67% through the above timeframe, the market quiet saw a indispensable quantity of bearish bets.
Solana liquidations reached a total of $4.95 million at the time of writing, with the compelled exits taking place as SOL tag climbed better than 5% to touch highs of $188.
SolanaFloor shared the liquidation data on X, displaying that the splendid bearish bet on SOL to be liquidated used to be $560k. This came about as Solana’s tag crossed the $187 tag.
🚨 LATEST: Over $4 million liquidated in SHORTS field as $SOL hits $187.
The one biggest short Liquidation used to be $560K at $186 pic.twitter.com/8DaGNYIun5
— SolanaFloor (@SolanaFloor) July 27, 2024
Meanwhile, Bitcoin had over $16 million in shorts liquidated and Ethereum accounted for approximately $7 million of the short positions as both money moved above key tag phases. BTC traded above $68,300 while ETH hit highs above $3,290.
Solana rose as VanEck reported that a large more than a number of of folks at its sales suppose at the Bitcoin 2024 conference requested about Solana.
VanEck is realistic one of the ETF issuers to file for a Solana place ETF with the US Securities and Change Price. Analysts thunder the approval for SOL ETFs within the US would per chance shall be found in in 2025.
Wen, MAGA tokens soar as meme money upward push
Solana meme money own experienced a 10% bump within the field’s market cap as meme money soar amid new optimism within the crypto market.
Though Bitcoin, Ethereum and Solana are within the limelight as whales aquire BTC, ETH and SOL, a number of curiosity in meme money has diverse tokens trending.
Wen has spiked 20%, while PolitiFi token MAGA is up 16% at the time of writing. Donald Trump will talk at the Bitcoin 2024 conference.
Prime meme money by market cap Dogecoin, Shiba Inu, Pepe and dogwifhat own furthermore viewed their respective costs raise by better than 5% within the past 24 hours.
The broader meme coin market is up 8% to over $56 billion, but as the field beneficial properties, investor curiosity is on unusual capacity gem stones.
Poodlana speeds up to $3 million in presale
Poodlana is a brand unusual meme coin on Solana that seeks to interrupt into the market using a combination of crypto tradition and FashionFi.
The combination of the worldwide allure of the craze market and cryptocurrency’s rising adoption has the poodle-impressed project gaining massive traction appropriate days after its presale delivery. Rather over a week for the explanation that 30-day POODL presale went reside, the “Hermes of Crypto” has raised a ambitious $3 million.
A viral allure in Asia, where the poodle is a top canine breed, has contributed to this staggering enhance for Poodlana. On the opposite hand, the project is furthermore charming the worldwide vogue-centric neighborhood and meme coin fans.
This allure and the bullish predictions for crypto will catalyse extra beneficial properties for Poodlana when the project goes reside on DEX within an hour of its presale shut on August 16.
19 days till POODL hits the procuring and selling market and the varied to field for the time being stands at $0.0299.
Seriously, this tag will soar to $0.0335 within the following stage and again each and each 72 hours till the supreme stage. In accordance with information on the project’s web field, DEX listing tag shall be $0.06.
To behold extra about Poodlana or to be part of the neighborhood, consult with their web field.
