Key takeaways
- Bitcoin traded above $59k earlier today and will attain the $60k psychological level quickly.
- Tequila’s presale commences today as buyers eye the subsequent 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 level earlier and now trades at $59,003 per coin.
The main catalyst behind this optimistic efficiency is the elevated influx in spot Bitcoin exchange-traded funds (ETFs) in the United States. Furthermore, the US Federal Reserve chairman Jerome Powell additionally mentioned the chance of rate of interest cuts this 12 months whereas addressing the Congress on Tuesday.
Tequila (JULIO)’s presale commences today
Tequila’s presale launch coincides with this week’s market restoration, with institutional buyers pouring funds into spot Bitcoin ETFs and different asset lessons. The $JULIO token will launch on the Solana blockchain because of the community’s velocity, transparency, and different distinctive qualities.
According to the improvement 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, buyers will personal a token combining tequila’s attract, one in every of the world’s hottest distilled liquors, with the pleasure of meme cash.
The venture has a number of levels, with the first part launching today. The phases are Agave Plating, Distillation, Aging, and Bottling. Each part accommodates milestones that the staff intends to attain.
The varied Tequila phases
As acknowledged above, Tequila (JULIO) has a number of phases, with the first part launching today. Tequila seeks to determine a powerful basis inside the crypto group and get listed on CoinMarketCap and CoinGecko.
The Agave Plating consists of the $JULIO fair launch (which commences today), advertising push, and itemizing on CoinMarketCap and CoinGecko. In the distillation stage, $JULIO will likely be listed on centralised cryptocurrency exchanges. However, the staff is but to disclose the crypto exchanges its token will initially launch.
The Aging part of Tequila’s roadmap consists of itemizing on tier-1 centralised exchanges and its Tequila-themed events. Bottling is the final part and includes Tequila’s Meme utility, the launch of $JULIO on Layer-3, and the creation of Tequila spirit with funds solely made in $JULIO.
In phrases of tokenomics, there could be a complete of 100 million $JULIO tokens. 90% of the tokens could be out there for public acquisition and the remaining 10% for advertising actions. The preliminary liquidity and beginning worth 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 might rapidly turn into one in every of the main meme cash on the Solana blockchain.
Read extra about the Tequila venture here.
Is $JULIO value your funding?
The finest time to purchase tokens at a reduction worth is throughout their presale. With the explosion of meme cash, this may very well be the excellent alternative to purchase $JULIO tokens at a low worth.
Tequila desires to turn into a number one meme coin by introducing a recent perspective with its thematic method. With the proper level of adoption in the market, $JULIO may very well be amongst the high winners in the present bull cycle.
