Solana Meme Coin SLOTH Lists on HTX on Monday May 20th at 12pm UTC, Is Binance Next?

Last updated: May 17, 2024 at 11:06 a.m. EDT | 2 minutes of reading

The popular and adorable meme coin Solana Slothana ($SLOTH) announced today that it will be listed on the top 10 HTX crypto exchange.

Trading is expected to begin on Monday, May 20 at 12 p.m. UTC, with deposits now open, according to details released simultaneously via a HTX Blog and one $SLOTH.The exchange has 10 million users and if you are not yet one of them, you can sign up for HTX Today.

HTX is ranked ninth by crypto data site Coinmarketcap with a 24-hour trading volume exceeding $2 billion.

The exchange is headquartered in Seychelles and has offices in Hong Kong, South Korea, Japan and the United States.

Founded in 2013 by Leon Li in Beijing, China, HTX has built a loyal following around the world, particularly in Asia.

South Korea, where the exchange has a significant footprint, has been responsible for much of the trading activity that has seen crypto prices move into bullish territory this year.

$SLOTH will be one of approximately 500 tokens available for trading on the site and will significantly add to the liquidity of the SLOTH/SOL trading pair.

Exchanges are lining up to list $SLOTH – after HTX, is Binance next?

The HTX listing follows the appearance of the token on Poloniex, Bitrue and XT.com. Other exchanges should follow. Earlier in the day, for example, the Bitwexc.com the exchange enabled trading of $SLOTH.

On decentralized exchanges, Slothana recorded a trading volume of $12 million in the last 24 hours. Adding centralized exchanges (CEX), this figure rises to $29.5 million, with millions more in volume expected to flow in on Monday.

It’s also worth noting that the $100 million market cap level is widely watched by exchanges as a factor in determining whether a coin should be listed, which is why more top exchanges are expected to follow HTX’s move.

Competition between exchanges for trading volume fee market share in the Hot Coin Sector Continues to Sizzle. The market cap of $SLOTH was approaching the $100 million level before the latest announcement.

With HTX in the bag, market participants’ attention turns to the other major exchanges that will follow – Binance and OKX come to mind.

Next stop for $SLOTH price is 10 cents, then road to $1

$SLOTH was priced at $0.0515 before news of the HTX listing broke to confirm earlier rumors.

This week, the token hit an all-time high of $0.056 and is now positioned well enough to eliminate resistance at around this level.

Monday’s listing is expected to be the first in a succession of developments in stock market listing news.

Top Crypto Poker Site CoinPoker Offers Slothana Holders Free Entry to $10,000 Cash Pooling Tournament on Sunday

A new burning mechanism that sees $1 million worth of SLOTH burned for every cent increase in price helps the price sprout green candles on the chart, providing momentum for bullish behavior.

Additionally, this week it was revealed that the best crypto poker site CoinPoker and $SLOTH have teamed up to manage a $10,000 prize pool. The tournament begins on Sunday May 19 at 7:00 p.m. GMT.

The Slothana community has a lot to smile about right now, as registrations kick off, supported by burning events, and no doubt more partnership deals as the coin’s virality increases due to a rising valuation .

Buy $SLOTH here

Warning: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose your entire capital.

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