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The cryptocurrency market has experienced a notable downturn recently, with major assets such as Bitcoin and Ethereum hitting multi-week lows. However, some Solana-based meme coins have emerged as exceptions to this trend. One of these is a new meme coin called cat in a dogs world (MEW), which has emerged with the slogan “cat in a dog world”.
MEW reached its all-time high of $0.01 on March 30. After testing this level once again the next day, it fell 52 percent to $0.046 on April 1. At the time of writing on April 4, it is trading at $0.00721. It shows an increase in value of approximately 280 percent since its release date of March 26. According to DEXTools, the transaction volume of this project, which aims to attract the attention of animal lovers in the crypto world, is 66.24 million dollars in the last 24 hours. The number of people holding the token is approaching 214 thousand investors.
MEW coin has attracted the attention of names like BitMEX co-founder Arthur Hayes and crypto analyst Lark Davis. Its remarkable rise may be due to this. In a post on X, Davis gave the example of an investor who turned a $35,000 investment into $44 million through MEW.
A trader turned $35K into $44M in just 5 days trading a meme coin called $MEW.
That’s a massive 1,267x gain.
NEWS CONTINUES BELOWInsanity! 🤯
— Lark Davis (@TheCryptoLark) April 1, 2024
According to sponsored content, the MEWC alternative SLOTH token, which stands out with its sloth theme, is running for $ 10 million. The new Solana token Slothana (SLOTH) managed to achieve $500 thousand on the first day of its pre-sale. It is claimed that the Slothana coin purchase will quickly gain traction in the wider crypto markets, based on its pre-sale success. In this sponsored article, the details of the project are conveyed.
Slothana (SLOTH) – New Meme Coin Powered by Solana Blockchain
The Solana network continues to strengthen as another promising meme coin based in Solana comes onto the scene. Slothana token (SLOTH); DogWifHat (WIF) aims to follow in the footsteps of Book Of Meme (BOME) and Slerf (SLERF).
The Solana blockchain is witnessing a remarkable renaissance, with the SOL token recovering strongly in recent months. This resurgence is interpreted as a symbol of growing interest and trust in Solana’s technology and ecosystem. Solana’s unique features, such as high throughput and low transaction fees, have attracted the attention of both developers and investors, contributing to its rise.
Meme coins, especially those featuring dog and sloth mascots, play a big role in this rise. Characterized by their fun and often wacky nature, these tokens have captured the imagination of the crypto community, leading to unprecedented levels of speculation and investment.
Slothana is poised to combine blockchain fundamentals with the unique charm of the sloth. This cryptocurrency, which uses the sloth as its mascot, may be one of the latest meme coins to watch in the crypto world.
Slothana’s pre-sale is designed especially for investors who are bored of office work. Investors seem to have understood the main idea of ​​this Slothana, as page
This new Solana meme coin looks trendy and its reputation compares favorably to the equally lazy SLERF coin. SLERF is known as a cryptocurrency whose 24-hour trading volume once exceeded $2 billion. SLOTH also wants to be such a successful coin.
Buying Slothana coin attracts investors because SLOTH’s ICO is not divided into stages, like SLERF, BOME, PUMP and PUNDU coins. There is no timer listed on the official site. It is stated that it may be a suitable opportunity for impatient investors. Because you don’t have to wait patiently for returns until the end of the ICO. Of course, this lazy token also wants to climb centralized exchanges, including Binance.
Does the Team Behind SLOTH Have a Successful History?
You may remember the meme coin SMOG that recently took the Solana ecosystem by storm.
SMOG token is a cryptocurrency project that has delivered almost 75x returns to early investors and has become one of the top dogs in the meme coin space.
At one point, the SMOG token was even outperforming longtime crypto meme veterans like PEPE, DOGE, BONK, and WIF. He had a meteoric rise that seemingly came out of nowhere.
There are some rumors that the team behind SMOG’s huge success may also be included in Slothana’s team. These rumors started with some hints from investors and interactions between the official Twitter accounts of the two projects. However, there is no definitive explanation on this issue.
Conclusion
The proliferation of meme coins on the Solana blockchain underscores the versatility of the platform and the willingness of developers to try new ideas and concepts. Slothana is said to be designed by the same team as Solana’s other popular token, SMOG. The success of the Slothana token may not be limited to just marketing, as the team skillfully communicates with the community.
SLOTH token can be purchased with Solana, but SLOTH token cannot be airdropped to Solanas sent from exchanges, and it is stated that transactions can be made with Solana supported wallets. It is reported that tokens will be distributed via airdrop.
Click to review SLOTH Token from its official website.
*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
