Poodl Token price

POODL

#7436

Poodl Token represents a digital asset that emerged from the meme coin category, evolving into a cryptocurrency with multiple utilities. It operates on a deflationary tokenomics model, aiming to reduce its total supply over time, thereby potentially increasing its value. The project is community-driven, with a strong emphasis on engagement and participation from its holders.

Originally launched as a meme coin, Poodl Token has been revitalized by its dedicated community. The project is officially registered in Portugal, showcasing its commitment to transparency and legitimacy. The total supply of Poodl Token is set at 100 trillion, with a strategic plan to burn 50 trillion tokens. To date, 17 trillion tokens have been burned, and there are plans for locking an additional 20 trillion tokens through various methods, aiming for a maximum circulating supply of 10 trillion tokens.

Poodl Token is built on the BEP-20 protocol, ensuring compatibility with the broader ecosystem. It incorporates innovative tokenomics, including a 6% tax on transactions, which is allocated as follows: 1% is burned to reduce the total supply, 2% is redistributed to token holders, providing them with passive income, 2% is allocated to marketing efforts to further promote the project, and the remaining 1% is split between charity contributions and liquidity provision.

The project places a strong emphasis on charitable activities, with a portion of transaction taxes supporting various causes. Additionally, Poodl Token is exploring the integration of 3D and augmented reality technologies into its ecosystem, with plans for applications in gaming and real-world geocaching of NFTs. This innovative approach aims to bridge the gap between digital and physical experiences, offering users unique ways to interact with the token and its community.

Poodl Token has secured its liquidity by locking BNB for five years with a reputable service, ensuring a stable and secure trading environment. The project prides itself on fostering a safe and inclusive community, free from toxicity, where members can contribute, engage, and benefit from the token's growth and success.

As with any investment, potential investors should conduct thorough research and consider the risks associated with cryptocurrency markets.

The security of Poodl Token is multifaceted, incorporating several strategies to ensure the safety and integrity of the token. Firstly, the token employs a robust tokenomics model that includes zero additional token emissions and systematic token burning. This approach helps in reducing the total supply over time, potentially increasing the token's value and ensuring a deflationary mechanism.

Additionally, Poodl Token integrates Know Your Customer (KYC) processes to verify the identities of its users, enhancing the security and trustworthiness of the platform. This is crucial in preventing fraud and ensuring that all participants are legitimate.

Another critical aspect of Poodl Token's security is the locked liquidity pool. By locking liquidity for a predetermined period, Poodl Token ensures that there is always a baseline level of liquidity available, which helps in stabilizing the token's price and providing investors with a sense of security.

The team behind Poodl Token is also committed to maintaining a safe and non-toxic environment for its community. This commitment is evident in their decision to lock BNB liquidity for five years with a reputable service, further ensuring the stability and security of the token.

Poodl Token's unique approach to tokenomics, including a tax on buys and sells that supports various functions such as burning, redistribution to holders, funding for marketing, charity, and liquidity, plays a significant role in its security strategy. This not only incentivizes holding but also contributes to a sustainable ecosystem for the token.

However, like with any cryptocurrency, there are inherent risks and potential vulnerabilities that investors should be aware of. It's essential to conduct thorough research and consider all aspects of the token's security measures before investing.

Poodl Token serves multiple purposes within its ecosystem, catering to a diverse range of activities and benefits for its holders. Primarily, it acts as a medium for community-based decision-making, allowing token holders to have a say in the project's direction and developments. This participatory approach ensures that the community remains at the core of the project's evolution.

In addition to governance, Poodl Token is utilized as a form of investment. Holders can benefit from the token's deflationary nature, which is designed to increase its value over time. The tokenomics include a 6% tax on transactions, which is allocated to various functions such as liquidity, marketing, charity, and passive income to holders through redistribution.

The utility of Poodl Token extends to the digital art and gaming world, where it can be used to purchase Non-Fungible Tokens (NFTs). This opens up opportunities for token holders to own unique digital assets, which can range from art pieces to collectibles within the project's ecosystem.

A significant aspect of Poodl Token's utility is its integration into the Lakeview Metaverse, where it provides access to exclusive benefits. This could include special events, digital real estate, or unique gaming experiences, enhancing the token's value for participants in this virtual space.

Moreover, the project is actively involved in charitable activities, with a portion of transaction taxes allocated to donations. This philanthropic angle not only contributes to social good but also fosters a positive community spirit among holders.

The roadmap and strategic partnerships indicate a commitment to expanding the token's use cases further, including augmented reality, staking, and meme-related activities. These developments aim to enrich the ecosystem, offering more ways for token holders to engage, benefit, and contribute to the project's growth.

However, it's important for potential investors to conduct thorough research and consider the risks associated with cryptocurrency investments. The volatile nature of digital assets means that while there are opportunities for growth, there is also the potential for loss.

Poodl Token has experienced several significant milestones that have shaped its journey in the cryptocurrency space. Notably, the return of the original developers on May 2nd marked a pivotal moment for the project, signaling a renewed commitment to its growth and development. This event was crucial in instilling confidence among the community and stakeholders.

Further enhancing its community-driven approach, the implementation of a community voting system empowered holders by giving them a voice in key decisions. This move towards a more democratic governance model underscores the project's dedication to inclusivity and transparency.

The pursuit of partnerships and utility has been another area of focus for Poodl Token. By seeking collaborations and exploring practical applications, the project aims to increase its relevance and adoption within the broader ecosystem.

A significant legal milestone was achieved with the registration of a Limited Duration Agreement (LDA) in Portugal. This legal foundation provides a structured framework for operations and demonstrates the team's commitment to compliance and legitimacy.

The project boasts a dedicated team, which is a critical asset in navigating the complexities of the cryptocurrency market. This team's efforts are geared towards ensuring the success and sustainability of Poodl Token.

Tokenomics play a vital role in the project's strategy, with a model designed to prevent additional token emissions. The goal to burn a total of 50TN tokens is an ambitious target that reflects the project's commitment to reducing supply and potentially increasing value over time.

Poodl Token's unique approach to tokenomics includes a 6% overall tax on buys and sells, with a portion allocated to burning, redistribution among holders, marketing, charity, and liquidity. This structure aims to create a balanced ecosystem that rewards holders, supports growth, and contributes to social causes.

The project's focus on charity, 3D and augmented reality apps, gaming, and the geocaching of NFTs highlights its innovative approach to integrating cryptocurrency with real-world applications and entertainment.

With 5 years of locked liquidity with a decentralized finance service, Poodl Token emphasizes security and stability, providing a safer environment for its community.

In summary, Poodl Token has navigated through key events and strategic decisions that have laid a solid foundation for its future. From strengthening its team and legal framework to innovating in tokenomics and community engagement, the project is poised for continued growth. However, as with any investment in the cryptocurrency market, it is important to conduct thorough research and consider the inherent risks.