Slothana is a Solana-based meme coin that launched four days ago and has raised more than $2.2 million to date. Now, You can buy 10,000 SLOTH for 1 SOL (approximately $188 USD).
The meme project gained a lot of attention on X, where the tired, overworked sloth mascot posted new developments and interacted with investors.
Many people speculate that Slothana was created by the founders of WSM and SMOGanother Solana meme token, rose 75-fold, bringing investors handsome profits.
Solana-based tokens have exploded in popularity over the past month, from Bome and Pundu to Slerf, which may have been the inspiration for Slothana. DogWifHat and Bonk have even been listed on Binance, indicating the increasing popularity of the Solana Meme coin.
We don’t have information about Slothana’s token economics or token distribution yet, but if we take Smog as an example, There could be billions of tokens in total.
Why Buy Slothana in 2024?
Buy Slotana, Visit the official pre-sale website And send Solana to the address mentioned there. Use a personal wallet to send cryptocurrencies rather than an exchange as you will not be able to receive airdrops in an exchange wallet.
As a meme coin, it raised over $500,000 within 8 hours of its launch. Slothana Shows Extraordinary Bullish Potential, Following in the footsteps of other Solana tokens.
Just 15 hours ago, the project had barely raised $691,000.Now, it’s priced at $2.24 million — which is A 224% increase in less than a day. Clearly, Slothana is getting a lot of attention from investors.
Now, This project has no purpose other than HODLing, but we may see staking functionality appear in the future. This will further enhance the token’s value proposition and attract more long-term investors.
Another reason to buy Slothana is Solana’s bullish trend over the past month. An increase of approximately 67.13%, from $110.89 to $184. This can be attributed to the upcoming Bitcoin halving on April 19.
Two new projects have also been launched on the Solana blockchain – Decaf was launched on March 26 and Helium was launched on March 21, both of which have accumulated significant investment.
Dogecoin Day is also celebrated on April 20thwhich could have a positive impact on the performance of tokens like Slothana.
If you don’t know how to buy Slothana, we have a guide showing you the steps.
Parting thoughts
Slothana is working to raise $2.5 million as more investors participate in the pre-sale. The coin could go parabolic in the coming weeksand there may be no better time to invest.
If you have DYORed and find Slothana attractive, use Solana to fund your crypto wallet, go to the Slothana presale page, copy the address to your wallet, and send Solana.
You can Receive SLOTH tokens in walletand then hold from there until a selling opportunity arises.
