Poodlana

Halal Rating :
Comfortable
Last Price $0.0008 Last updated:
Rank 4701
1D Change 3.70 %
Market Cap -
Circulating supply 0
Maximum supply 1,000,000,000

Crypto Overview

Categories
  • Solana Ecosystem

Overview

Poodlana (POODL) is a meme cryptocurrency that launched on the Binance Smart Chain (BSC). The project started as a community-driven token with elements of reflection and automatic liquidity generation.

Purpose and Utility

Intended Purpose: The token's primary stated purpose is to serve as a social currency within its community, with a focus on creating an engaged community around the 'poodle' theme. The token implements a tax on transactions that gets redistributed to holders and adds to the liquidity pool.

Business Model and Implementation

The token operates on a basic tokenomics model with redistribution mechanics. While initially active, current development and community engagement appears minimal based on available data.

Real-World Adoption

The token has limited current adoption and usage beyond trading on decentralized exchanges. There is minimal evidence of ongoing development or expansion of use cases.

Token Distribution

The token distribution appears to follow a fair launch model, though detailed current holdings data is limited. The project implemented automatic liquidity generation through transaction fees.

Development Activity

Current development activity appears minimal based on public repositories and community channels.

Crypto Impact

To assign a comfort level investing in Poodlana from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Poodlana.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

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