Germany nonetheless holds $2.2B price of Bitcoin as Tequila (JULIO) presale attracts nearer

Key takeaways

• Germany nonetheless holds greater than $2 billion price of bitcoins.
• Tequila’s presale will start quickly because the venture seems to develop into a number one Solana meme coin.

German authorities nonetheless holds over $2 billion price of bitcoins

The cryptocurrency market has underperformed over the past seven days, because of the motion of bitcoins by the German authorities and the now-defunct Mt.Gox crypto trade.

The potential promoting stress noticed Bitcoin lose roughly 9% of its worth over the past seven days. Nevertheless, knowledge obtained from Arkham Intelligence revealed that Germany nonetheless holds 29,286 BTC price $2.2 billion.

Germany has been operating down its coin stash since mid-June. Additional dumping of its bitcoins into the market may negatively have an effect on Bitcoin’s value within the brief time period. 

Tequila (JULIO) to debut as a Solana meme coin

Solana has develop into residence to a few of the main meme cash on the planet because of the blockchain’s pace, transparency, and different distinctive qualities.

Tequila is ready to develop into the most recent Solana-based meme coin and appears to offer distinctive utility to traders and merchants. 

Tequila is Mexico’s present to the world from the agave fields of Jalisco. Its native token, $JULIO harmonises the endless enjoyable of tequila-fueled nights with the upside of a memecoin.

$JULIO is ready to launch on July 10 on the Solana blockchain and distinguishes itself by combining the attract of tequila, one of many world’s hottest distilled liquors, with the joy of meme cash.

In accordance with their roadmap, there are numerous levels to the venture, together with Agave Plating, Distillation, Getting older, and Bottling. Every section accommodates milestones that the crew intends to attain. 

JULIO tokenomics

Tequila is presenting traders with a novel tokenomics. The venture seeks to determine a robust basis throughout the crypto neighborhood and get listed on CoinMarketCap and CoinGecko. 

Within the distillation stage, $JULIO shall be listed on centralised cryptocurrency exchanges. Nevertheless, the crew is but to disclose the crypto exchanges its token will initially launch. Tequila has a complete provide of 100 million tokens, with the venture emphasising equity by a good launch mannequin. On this mannequin, 90% of tokens can be found for public acquisition, with solely 10% allotted to advertising and marketing. The preliminary liquidity and beginning value shall be determined at a later date. 

The Getting older section of Tequila’s roadmap contains itemizing on tier-1 centralised exchanges and its Tequila-themed events. Lastly, the Bottling section contains its Meme utility, the launch of $JULIO on Layer-3, and the creation of Tequila spirit with funds completely made in $JULIO. 

Tequila seeks to leverage the excessive curiosity in meme cash for the time being to launch an thrilling venture. Due to its distinctive worth proposition, Tequila may shortly develop into one of many main meme cash on the Solana blockchain. 

Learn extra in regards to the Tequila venture right here. 

Must you purchase $JULIO throughout presale?

The Tequila presale may very well be the proper alternative to purchase $JULIO tokens at a reduction value. The venture is leveraging the excessive curiosity in meme cash to develop into a favorite amongst traders. 

Tequila is ready to introduce a contemporary perspective with its thematic strategy and this might acquire huge adoption available in the market. If it does, early traders could be amongst the highest winners within the present bull cycle.