Poodl Inu is a new dog-based meme coin that launched in February 2024. This project is unique since it’s based on a stake-to-earn mechanism. Its developers also believe that Poodl Inu could dethrone SHIB and DOGE. Is this scenario achievable? Nobody can know. However, what we can do is speculate about its future price.
On that note, we created a guide in which we’ll try to make a Poodl Inu price prediction based on the facts we know about the project.
Poodl Inu Price Prediction – Short Summary
What is PoodlInu?
Poodle Inu is a meme coin that was launched in February 2024. The project’s main aim is to enable users to earn rewards by buying and staking their $POODL tokens. At the moment, the annual staking rewards amount to 3400%.
Currently, Poodle Inu is in its presale phase with a total token supply of 6.9 billion.
Poodle Inu’s developers have divided their roadmap into three stages, with the ultimate goal of becoming the leader among meme coins.
Poodl Inu Price History
The factor that most influenced our Poodlinu forecast was its price history. However, since this project saw the light of day in February 2024, $POODL doesn’t have a long price history.
On that note, its current price stands at $0.000214 per token, while yesterday, its price stood at $0.000207. This means that the Poodl Inu coin price increases by approximately $0.000007 every day.
That said, Poodl Inu has a total supply of 6.9 billion tokens, up to 50% of which are available for purchase during the presale stages. Moreover, this project managed to raise over $165k in less than a month. The goal of its developers is to raise $187k during the current presale round.
Anyone who buys $POODL tokens during the presale using ETH or USDT will be able to earn staking rewards that go up to 3091%.
Poodl Inu Price Prediction End of 2024
Poodl Inu is currently in the presale phase, which began in February 2024 and will end in October 2024. This means that its 2024 value will depend on its presale performance, so far, it is one of the best crypto presales.
That said, its current price stands at $0.000214 per token. The project has so far raised over $165k, which is an indicator that investors are generally interested in this project. Moreover, 50% of its total token supply will be available for purchase during the presale.
Keep in mind that price fluctuations of other cryptocurrencies, especially BTC, will also have a big impact on $POODL’s price. Namely, if BTC hits the $60,000 mark by the end of 2024, as per our Bitcoin forecast, the price of all meme coins will go up.
With that in mind, we believe that by the end of 2024, the Poodl Inu token price will vary between $0.0004 and $0.0008.
Poodl Inu Price Prediction 2025
In 2025, the Poodl Inu token will get listed on crypto exchanges, which automatically means that its price will increase. This was the case with almost all new meme coins. For example, when Shiba Inu was listed on Coinbase, its price went up by 40%. A similar thing happened with DOGE, whose price jumped by 37% after Binance announced that it would list it on its platform.
We also believe that 2025 will be a bullish year, which will further increase the price of $POODL tokens. Why? Because during a bull market, the prices of cryptocurrencies tend to go up.
Taking all the mentioned factors into account, $POODL’s potential low during 2025 could amount to $0.001. On the other hand, its potential high could stand at $0.007, while its predicted average could be $0.004.
Poodl Inu Coin Price Prediction 2030
In 2030, the price of the $POODL token could vary between $0.02 and $0.08. How did we get these numbers? We took into account its goals. On that note, Poodl Inu developers want to dethrone the popular dog-themed meme coins through a stake-to-earn mechanism. This allows token holders to earn passive income by staking their coins.
So far, more than 66 million tokens have been staked, and by the end of 2030, all available tokens could be staked. This is also a realistic scenario since 30% of its total supply is distributed towards staking rewards.
At the time of writing, Poodl Inu offers an APY of 3091%, which will decrease as more and more tokens are staked. However, if its developers start offering staking yields regularly, Poodl Inu could become a very profitable project.
Potential Highs and Lows of Poodl Inu Price
Here’s what our Poodl Inu token forecast looks like for 2024, 2025, and 2030.
Year
Potential Low
Predicted Average
Potential High
2024
$0.0004
$0.0006
$0.0008
2025
$0.001
$0.004
$0.007
2030
$0.02
$0.05
$0.08
What Drives the Price of Poodl Inu
The Poodl Inu token price could be affected by the following factors:
Presale Performance
Poodl Inu’s presale started in February 2024 and will end in October 2024. During the presale, investors will be able to buy $POODL for $0.000214. However, its price will gradually increase.
Moreover, 3.45 billion tokens will be available for purchase during this stage.
All tokens can be staked for rewards – 1064 $POODL per ETH block. In fact, 30% of tokens will go towards staking rewards that will be disbursed over 9 months. So far, Poodl Inu has managed to raise more than $165K. If all available tokens get staked during the presale, it will significantly increase its price once it goes live.
Exchange Listings
Once $POODL gets listed on prominent crypto exchanges, its value will go up. This will also increase its trading volume.
Staking Rewards
Poodl Inu uses a stake-to-earn mechanism to reward its token holders. At the time of writing, its staking rewards go up to 3091% per year. If its developers continue this trend even after the presale ends, the demand for this token could go up.
The State of the Crypto Market
As mentioned above, price fluctuations of large market cap cryptocurrencies, such as BTC and ETH, will significantly affect the overall crypto market. I.e., when the price of BTC goes up, the value of other altcoins also goes up, and vice versa.
Based on our analysis, after the bitcoin halving that should happen in April 2024, we could enter a bullish market. This could raise the price of all cryptocurrencies, including $POODL.
Is Poodl Inu Crypto a Good Investment?
Why invest in Poodl Inu? Investing in meme coins is risky as their prices tend to fluctuate more often than altcoins with large market caps. However, since the Poodl Inu is in the presale phase, its price is below $1, and it currently represents a low-risk investment. This doesn’t mean you should invest your funds in this token, as it could be the next crypto to explode. However, if you want to build a diversified portfolio, the $POODL token could be a good choice.
Investors who are into staking can currently benefit the most from this project since it offers high rewards. Keep in mind that this is a new project that is still in the early development phase. On that note, you should never invest more than you can afford to lose.
Conclusion
Since this is a new meme coin, we made our Poodl Inu price prediction based on the factors that we currently know. That said, we took into account its tokenomics, presale performance, and staking rewards. With that in mind, we believe that $POODL will be worth between $0.0004 and $0.0008 by the end of 2024. However, once it gets listed on crypto exchanges, its value could increase significantly.
I.e., during 2025, its price could range between $0.001 and $0.007, while by the end of 2030, it could hit the $0.08 mark.
FAQs
When the Poodl Inu Presale Ends?
Will Poodlinu Be Worth It