Memecoins
Bonk and Brett prices rise as new meme coin Solana Sealana is set to explode
DISCLAIMER: This article is a SPONSORED press release and does not constitute Finbold editorial content. Crypto assets/products carry significant risks. Do not invest unless you are willing to lose your entire investment. For a full disclaimer, please.
It’s been a big week for Solana meme coins, with several major tokens rising even as the price of Bitcoin fell. The Doge-themed meme coin $BONK is up 31% in the last 48 hours, while the hot meme coin $BRETT is up nearly 10% in the last 12 hours alone.
The trend bodes well for a new Solana meme coin, Sealana, which just launched its pre-sale. The token raised more than $150,000 in its first 24 hours and looks set to become the next Solana meme coin to skyrocket.
The Solana Meme Coins shoot higher, pushing Bonk, Brett and more
It’s not just $BONK and $BRETT that are rising this week: Meme coins in the Solana ecosystem are riding a wave of trading activity. DogWifHat ($WIF), the largest meme coin on Solana, is up 28% in the last 2 days. Book of Meme ($BOME) rose 18%. Cat in a Dog’s World ($MEW) rose 31%.
All of these tokens have seen their trading volumes double or triple over the past week, signaling that the pump may be serious. So far $BONK has come closest to challenging its all-time high. If the energy around Solana meme coins continues at its current pace, we could see more Solana tokens set new highs.
The catalyst behind this sudden momentum is unclear. In fact, meme coins are surging at the same time that Bitcoin, Ethereum and Solana itself have retreated on news that the US Federal Reserve will not lower interest rates this month. Meme coins have also thrived during the cryptocurrency winter, so it’s possible that traders will turn to these tokens in search of profits as there are few to be found this week in the cryptocurrency majors.
In any case, the mood is extremely bullish, both on technical charts and on social media. The current situation looks a lot like December 2023, when Solana meme coins first took the market by storm and produced 100x gains for experienced traders.
Sealana ICO Off to a Great Start: The Next Big SOL Meme Coin?
Amid this trading frenzy, a new seal-themed Solana meme coin has been named Sealana is making waves with its newly launched pre-sale. The project raised more than $150,000 from sales of its $SEAL token within 24 hours of launch.
The $SEAL token is pure meme money: it offers no staking or utility, just a hilarious pizza-eating seal with viral potential. The mascot’s backstory indicates that he used to be skinny, but succumbed to eating pizza and chips after becoming a degenerate by immersing himself in the “Solana Sea”. It’s the kind of story that Solana meme coin traders are sure to love.
Traders can lock $SEAL now at a price of $6,900 $SEAL for 1 $SOL on the project’s presale platform. Alternatively, traders can send $SOL directly to Sealana’s wallet address to receive tokens airlifted after the pre-sale ends.
The project provides no information on its tokenomics, pre-sale hard cap or roadmap, so traders simply have to trust the explosive potential of Sealana memes if they want to profit from a potential pump when the token hits exchanges. Considering the huge tailwind in the Solana meme coin market this week, it could prove to be an extremely good bet.