As the cryptocurrency market has taken off, Solana-based meme coins have also attracted a lot of attention. The value of the newest of these, Slothana (SLOTH), quickly rose to over $80 million. This has led to rumors that it could have the same success as BONK, another leading meme coin built on the Solana blockchain.
Slothana (SLOTH) made its DEX debut from a successful presale that raised $15 million. Dextools data shows that its price has increased by nearly 500 percent in the last seven days. One of the reasons for this is that Slothana does a great job of creating a community where everyone is active and engaged.
The company also showed that it is committed to burning tokens. It was recently reported that $3 million worth of SLOTH tokens were burned. It was stated that token burning occurred with every 10 cent increase. In addition, there were plans to burn $1 million worth of tokens once the price reached $0.04.
The fact that the number of tokens burned will increase as the price of SLOTH increased to approximately $ 0.048 led investors to purchase Slothana.
According to Solscan data, a cryptocurrency whale purchased 424.5 SOL worth of SLOTH tokens during the presale. He then sent these tokens from his primary wallet to several other wallets, presumably to consolidate his assets. Finally, he sold Sloth tokens for 1,500 SOL. As a result of this transaction, he made a profit of 250 percent above his initial pre-sale investment.
Thereupon, purchases of Sealana tokens, which are seen as its successor, also began to increase.
Latest Craze in Solana Attracts Sealana Whales
Investors have recently started turning to Sealana (SEAL), the latest meme coin craze based on the Solana blockchain. For this reason, approximately 700 thousand dollars of Sealana tokens were purchased in a short time.
There are indications that the team responsible for Sealana may be the creators of Slerf (SLERF), the successful project in the cryptocurrency world. Rumors suggest that the team is interested in launching another big meme coin after the mishap where they accidentally burned $10 million worth of tokens.
Emerging with a plump seal figure, Sealana (SEAL) claims to promise great things. Disregarding physical appearance and focusing solely on eating junk food, this seal’s main focus is to become the next Solana-based meme coin to explode.
The story of the project also provides a reflection on the massive buying sparked by the frenzy surrounding meme coins. The website presents Sealana as a “chubby seal diving into the Solana Sea.” It also reveals his obsession with identifying the next important Solana meme coin.
This satirical portrayal highlights the dangers of being overly obsessed with the odds in the cryptocurrency market. So Sealana warns investors not to focus solely on the search for profitable opportunities in cryptocurrencies, as this may cause them to ignore other important elements in their lives.
The launch of Sealana was strategically aligned with the positive atmosphere expected after the Bitcoin halving event in April. This puts Sealana in a positive position among investors looking for the next prominent meme coin, similar to successful coins like Slothana, which has generated over $15 million in just over four weeks.
Sealana stands out not only as a cryptocurrency with a humorous theme, but also as a growing cultural emblem within the cryptocurrency community.
It looks like the excitement around Sealana will be a major factor in determining the value of the token. It is said that if holders who purchased Sealana tokens choose to hold on to their tokens, SEAL’s price will react faster to the increase in demand.
Sealana is making great strides in maintaining an active social media presence to communicate with token holders and persuade meme coin investors to join the project. Airdrops, rewards, and development projects are among the reasons that could have a big impact on the SEAL price after launch.
There Are Many Options to Buy SEAL Tokens in Pre-Sale
Initially, Sealana is expected to be listed on Raydium and Jupiter, Solana’s two most popular decentralized (DEX) exchanges. It is not yet known whether the token will be listed on central exchanges. However, it is said that possible listings could potentially expose SEAL to a wider audience and increase trading activity. Based on this, whales are already starting to take a position in the project.
Potential presale investors have multiple ways to purchase Sealana tokens. Similar to other Solana presales such as Slothana, Book of Meme, and Slerf, SOL can be sent to the project’s wallet address and then airdropped to wallets when the presale ends. For those who do not want to do this, there is a purchase button on the pre-sale website. Or pre-sale buyers can connect their wallets here and purchase the token directly using SOL, ETH, BNB or a debit card.
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