Bitcoin eyes the $60k level as Tequila’s fair launch commences today

Key takeaways

• Bitcoin traded above $59k earlier as we speak and will attain the $60k psychological stage quickly.
• Tequila’s presale commences as we speak as traders eye the following Solana meme coin.

Bitcoin targets $60k

The cryptocurrency market suffered enormous losses final week however is slowly recovering. Bitcoin, the main digital forex by market cap, briefly touched the $59,200 stage 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 USA. Moreover, the US Federal Reserve chairman Jerome Powell additionally mentioned the potential for rate of interest cuts this yr whereas addressing the Congress on Tuesday. 

Tequila (JULIO)’s presale commences as we speak

Tequila’s presale launch coincides with this week’s market restoration, with institutional traders pouring funds into spot Bitcoin ETFs and different asset lessons. The $JULIO token will launch on the Solana blockchain due to the community’s velocity, transparency, and different distinctive qualities.

In accordance with the event workforce, 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, traders will personal a token combining tequila’s attract, one of many world’s hottest distilled liquors, with the joy of meme cash.

The mission has a number of phases, with the primary section launching as we speak. The phases are Agave Plating, Distillation, Getting older, and Bottling. Every section incorporates milestones that the workforce intends to attain. 

The assorted Tequila phases

As acknowledged above, Tequila (JULIO) has a number of phases, with the primary section launching as we speak. Tequila seeks to ascertain a powerful basis throughout the crypto group and get listed on CoinMarketCap and CoinGecko. 

The Agave Plating consists of the $JULIO truthful launch (which commences as we speak), advertising and marketing push, and itemizing on CoinMarketCap and CoinGecko. Within the distillation stage, $JULIO will likely be listed on centralised cryptocurrency exchanges. Nevertheless, the workforce is but to disclose the crypto exchanges its token will initially launch. 

The Getting older section of Tequila’s roadmap consists of itemizing on tier-1 centralised exchanges and its Tequila-themed events. Bottling is the final section 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. 

When it comes to tokenomics, there can be a complete of 100 million $JULIO tokens. 90% of the tokens can be out there for public acquisition and the remaining 10% for advertising and marketing 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 develop into one of many main meme cash on the Solana blockchain. 

Learn extra concerning the Tequila mission here. 

Is $JULIO value your funding?

The most effective time to purchase tokens at a reduction worth is throughout their presale. With the explosion of meme cash, this may very well be the right alternative to purchase $JULIO tokens at a low worth. 

Tequila needs to develop into a number one meme coin by introducing a contemporary perspective with its thematic strategy. With the correct stage of adoption available in the market, $JULIO may very well be amongst the highest winners within the present bull cycle.