Key Takeaways
Cryptocurrency exchange Binance has completed its registration with the Financial Intelligence Unit of India.
Pudrana's presale surpassed $7.7 million as it neared its end.
Binance Registers with India's FIU
Binance, the top cryptocurrency exchange by daily trading volume, has completed its registration with the Financial Intelligence Unit of India (FIU-IND). This latest move comes months after the company was fined $2.2 million for providing unlicensed services in the country.
With this registration, Binance is now registered in 19 countries around the world. With this registration, the Binance website and app will be fully available to users in India.
What is Poodlena?
The cryptocurrency market remains volatile as Bitcoin trades below $60,000. Despite the volatile market conditions, investors continue to pump money into new and promising projects.
Poordrana One project that is attracting investors is Poodlana, a Solana-based meme coin focused on bringing the glamour of high fashion to the crypto world. According to developments, Poodlana is focused on fostering a community-driven growth ethos to achieve its goals, and could become the leader of dog-themed meme coins on the planet.
Poodles are a popular dog breed in Japan, Korea and China, and the development team will use this popularity and love for the meme coin to build a strong community for this project.
Pudrana presale exceeds $7.7 million
of Poordrana The presale is expected to end within 20 hours, with the listing on the exchange scheduled to take place immediately after the presale. More investors have joined the project, and it has raised over $7.7 million so far.
In this final phase, POODL tokens will be sold at $0.0539. Investors can purchase this token using SOL, BNB, ETH, USDT, USDC, and fiat/card payment options.
According to the team, there will be no lockup period for Poodlana tokens. The POODL presale will end in a few hours, with listing on exchanges happening shortly thereafter.
Learn more about Poodlana's presale here.
Pudrana has allocated 50% of its total supply for pre-sale
Poordrana The company has adopted a simple tokenomics model in order to ensure full transparency in its operations. According to tokenomics, Poodlana will have 1 billion POODL tokens, of which 50% will be pre-sold.
The remaining 50% is split between marketing (15%), compensation (5%), partnerships (5%), finance (10%) and liquidity (15%).
The Poodlana team assured investors that 100% of tokens will be unlocked on day 1 with no lockup or vesting period. Once the presale ends, any unsold tokens will be burned after the presale, ensuring that token deflation is kept to a minimum.
Should I buy Poodlena tokens now?
Poodlana’s presale ends in just a few hours, marking the last opportunity for investors to purchase tokens. Meme coins have become an important part of the cryptocurrency ecosystem, some of which have market capitalizations of over $1 billion.
Poordrana It has the potential to become one of the leading dog-themed meme coins in the crypto ecosystem, with the team leveraging the popularity of the Pudorana dog breed to build a community that could potentially reach the status of Dogecoin or Shiba Inu.