Key takeaways

• Germany nonetheless holds greater than $2 billion value of bitcoins.
• Tequila’s presale will begin quickly because the undertaking appears to change into a number one Solana meme coin.

German authorities nonetheless holds over $2 billion value 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 alternate.

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 value $2.2 billion.

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

Tequila (JULIO) to debut as a Solana meme coin

Solana has change into dwelling to among the main meme cash on the earth because of the blockchain’s pace, transparency, and different distinctive qualities.

Tequila is about to change into the newest Solana-based meme coin and appears to offer distinctive utility to buyers and merchants. 

Tequila is Mexico’s present to the world from the agave fields of Jalisco. Its native token, $JULIO harmonises the never-ending enjoyable of tequila-fueled nights with the upside of a memecoin.

$JULIO is about 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 thrill of meme cash.

In keeping with their roadmap, there are numerous phases to the undertaking, together with Agave Plating, Distillation, Growing old, and Bottling. Every part incorporates milestones that the crew intends to realize. 

JULIO tokenomics

Tequila is presenting buyers with a novel tokenomics. The undertaking seeks to ascertain a powerful basis inside the crypto group and get listed on CoinMarketCap and CoinGecko. 

Within the distillation stage, $JULIO can 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 undertaking emphasising equity by means of a good launch mannequin. On this mannequin, 90% of tokens can be found for public acquisition, with solely 10% allotted to advertising. The preliminary liquidity and beginning price can be determined at a later date. 

The Growing old part of Tequila’s roadmap consists of itemizing on tier-1 centralised exchanges and its Tequila-themed events. Lastly, the Bottling part includes its Meme utility, the launch of $JULIO on Layer-3, and the creation of Tequila spirit with funds solely made in $JULIO. 

Tequila seeks to leverage the excessive curiosity in meme cash in the meanwhile to launch an thrilling undertaking. Due to its distinctive worth proposition, Tequila might shortly change into one of many main meme cash on the Solana blockchain. 

Learn extra concerning the Tequila undertaking right here. 

Must you purchase $JULIO throughout presale?

The Tequila presale could possibly be the proper alternative to purchase $JULIO tokens at a reduction price. The undertaking is leveraging the excessive curiosity in meme cash to change into a favorite amongst buyers. 

Tequila is about to introduce a contemporary perspective with its thematic method and this might achieve huge adoption out there. If it does, early buyers could be amongst the highest winners within the present bull cycle.