Memecoins
Slothana rises 30% leaving presale investors with a 70% increase: Could Sealana be the next Meme Coin ICO to explode?
The meme coin space is having a strong finish to the week after Slothana (SLOTH) skyrocketed more than 30%.
Pre-sale investors are now up about 70% since the debut of the DEX token.
Slothana’s rapid rise has led cryptocurrency traders to wonder whether the new meme coin Sealana (SEAL) could be the next joke token to break out on Solana.
How Slothana became one of Solana’s most interesting meme coins
LAZINESS is leading the charge in the meme coin space after an incredible debut.
After launching on DEX last week, SLOTH price rose to $0.0239, up 32% in the past day.
Those who managed to enter during the Slothana presale at the price of 10,000 SLOTH for 1 SOL can now count on profits of around 70%.
Not bad for a token with no utility or use case.
The buying frenzy has also made Slothana one of the hottest prospects on the market.
Its spot volumes 24 hours a day they exceeded 18.6 million dollars – even higher than established meme coins like Brett (BRETT) and Grok (GROK).
Clearly, this laziness-themed token has attracted the attention of “degen” investors.
And with SLOTH still only available on Raydium and Jupiter, there could be even more upside if developers can secure listings on major CEXs.
YouTubers Cilinix cryptocurrency seems to think so, highlighting how SLOTH is “gathering” in a recent video aimed at its 58,000 subscribers.
Why is SLOTH so popular among Meme Coin investors?
But why exactly is Slothana making so much noise?
The main reason is that this is a joke project inspired by the market’s desire for silly animal-themed tokens.
However, SLOTH puts a unique twist on this trend by focusing on the sloth rather than dogs or cats.
Hosted on Solana, Slothana capitalized on the momentum generated by Slerf (SLERF)another sloth themed coin that enjoyed a brief stint in the spotlight.
The Slothana team latched onto that viral energy and channeled it into an aggressively marketed pre-sale for the SLOTH token.
The pre-sale was a resounding success, raising over $15 million.
This level of funding helped Slothana build a strong online community early on.
Since launching last week, SLOTH has been building up over 36,000 ownersaccording to data from birdeye.so.
Another indicator of the token’s strength is its fully diluted market capitalization, currently standing at $49.4 million.
For context, that market cap already places SLOTH above many established meme coins.
Could Sealana be the next meme coin to follow in Slothana’s footsteps?
As Slothana’s price action gets investors buzzing, another Solana-based project could be next to catch fire – Sealana.
This seal-themed token puts another twist on cryptocurrency’s obsession with animal memes.
Sealana features a South Park-inspired aesthetic with its chubby seal mascot, depicted as a degenerate businessman living on chips and tuna.
The project’s branding appears to be resonating with investors.
At the current rate of 6,900 SEALs per 1 SOL, Sealana’s pre-sale has already raised over $360,000 from her growing online community.
Just like in Slothana’s early days, Sealana is seeing a surge of interest on social media.
His Twitter AND Telegram channels are adding hundreds of new members every day as the hype starts to build.
On presale tracking sites like ICOBench.comSealana is also ranked among the top upcoming launches across all sectors.
This approval highlights how the seal mascot has captured the attention of investors.
Of course, Sealana shares another key similarity with Slothana: it has no utility or use case.
But as Slothana has shown, that doesn’t necessarily mean it can’t produce exponential price increases.
If Sealana’s presale energy can translate into a Slothana-style launch, this new token could be set for an exciting few weeks to come.
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