Key takeaways
- Bitcoin traded above $59k earlier at this time and will attain the $60k psychological degree quickly.
- Tequila’s presale commences at this time as buyers eye the following Solana meme coin.
Bitcoin targets $60k
The cryptocurrency market suffered big 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 key catalyst behind this optimistic efficiency is the elevated influx in spot Bitcoin exchange-traded funds (ETFs) in the US. Moreover, the US Federal Reserve chairman Jerome Powell additionally mentioned the potential of rate of interest cuts this yr whereas addressing the Congress on Tuesday.
Tequila (JULIO)’s presale commences at this time
Tequila’s presale launch coincides with this week’s market restoration, with institutional buyers pouring funds into spot Bitcoin ETFs and different asset courses. The $JULIO token will launch on the Solana blockchain due to the community’s pace, transparency, and different distinctive qualities.
In keeping with the event crew, 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, buyers will personal a token combining tequila’s attract, one of many world’s hottest distilled liquors, with the thrill of meme cash.
The venture has a number of levels, with the primary part launching at this time. The phases are Agave Plating, Distillation, Growing old, and Bottling. Every part comprises milestones that the crew intends to realize.
The varied Tequila phases
As acknowledged above, Tequila (JULIO) has a number of phases, with the primary part launching at this time. Tequila seeks to ascertain a powerful basis inside the crypto group and get listed on CoinMarketCap and CoinGecko.
The Agave Plating consists of the $JULIO honest launch (which commences at this time), advertising and marketing push, and itemizing on CoinMarketCap and CoinGecko. Within the distillation stage, $JULIO will probably be listed on centralised cryptocurrency exchanges. Nevertheless, the crew is but to disclose the crypto exchanges its token will initially launch.
The Growing old part of Tequila’s roadmap consists of itemizing on tier-1 centralised exchanges and its Tequila-themed events. Bottling is the final part and contains Tequila’s Meme utility, the launch of $JULIO on Layer-3, and the creation of Tequila spirit with funds completely made in $JULIO.
By way of tokenomics, there could be a complete of 100 million $JULIO tokens. 90% of the tokens could be accessible for public acquisition and the remaining 10% for advertising and marketing actions. The preliminary liquidity and beginning value will probably 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 might rapidly turn into one of many main meme cash on the Solana blockchain.
Learn extra concerning the Tequila venture right here.
Is $JULIO price your funding?
The most effective time to purchase tokens at a reduction value is throughout their presale. With the explosion of meme cash, this may very well be the proper alternative to purchase $JULIO tokens at a low value.
Tequila desires to turn into a number one meme coin by introducing a contemporary perspective with its thematic strategy. With the fitting degree of adoption out there, $JULIO may very well be amongst the highest winners within the present bull cycle.