Key takeaways
- Bitcoin traded above $59k earlier at present and will attain the $60k psychological degree quickly.
- Tequila’s presale commences at present as traders eye the following Solana meme coin.
Bitcoin targets $60k
The cryptocurrency market suffered large losses final week however is slowly recovering. Bitcoin, the main digital foreign money by market cap, briefly touched the $59,200 degree earlier and now trades at $59,003 per coin.
The most important catalyst behind this optimistic efficiency is the elevated influx in spot Bitcoin exchange-traded funds (ETFs) in the USA. Moreover, the US Federal Reserve chairman Jerome Powell additionally mentioned the potential for rate of interest cuts this yr whereas addressing the Congress on Tuesday.
Tequila (JULIO)’s presale commences at present
Tequila’s presale launch coincides with this week’s market restoration, with institutional traders pouring funds into spot Bitcoin ETFs and different asset lessons. The $JULIO token will launch on the Solana blockchain due to the community’s velocity, transparency, and different distinctive qualities.
Based on the event staff, Tequila is Mexico’s reward to the world from the agave fields of Jalisco. Its $JULIO harmonises the endless enjoyable of tequila-fueled nights with the upside of a memecoin. With $JULION, traders will personal a token combining tequila’s attract, one of many world’s hottest distilled liquors, with the thrill of meme cash.
The undertaking has a number of levels, with the primary section launching at present. The phases are Agave Plating, Distillation, Growing old, and Bottling. Every section incorporates milestones that the staff intends to realize.
The varied Tequila phases
As said above, Tequila (JULIO) has a number of phases, with the primary section launching at present. Tequila seeks to determine a powerful basis throughout the crypto group and get listed on CoinMarketCap and CoinGecko.
The Agave Plating consists of the $JULIO honest launch (which commences at present), advertising and marketing push, and itemizing on CoinMarketCap and CoinGecko. Within the distillation stage, $JULIO will likely be listed on centralised cryptocurrency exchanges. Nonetheless, the staff is but to disclose the crypto exchanges its token will initially launch.
The Growing old section of Tequila’s roadmap consists of itemizing on tier-1 centralised exchanges and its Tequila-themed events. Bottling is the final section and contains Tequila’s Meme utility, the launch of $JULIO on Layer-3, and the creation of Tequila spirit with funds solely made in $JULIO.
By way of tokenomics, there can be a complete of 100 million $JULIO tokens. 90% of the tokens can be obtainable for public acquisition and the remaining 10% for advertising and marketing actions. The preliminary liquidity and beginning value will likely be determined at a later date.
Tequila’s launch comes at a time when there’s excessive curiosity in meme cash, particularly Solana-based meme cash. With its distinctive worth proposition, Tequila may rapidly turn into one of many main meme cash on the Solana blockchain.
Learn extra in regards to the Tequila undertaking here.
Is $JULIO price your funding?
The very best time to purchase tokens at a reduction value is throughout their presale. With the explosion of meme cash, this might be the proper alternative to purchase $JULIO tokens at a low value.
Tequila needs to turn into a number one meme coin by introducing a contemporary perspective with its thematic method. With the appropriate degree of adoption available in the market, $JULIO might be amongst the highest winners within the present bull cycle.