Shiba Inu and PEPE Coin Crashed! Solana-Based Sealana Exceeded $150 Thousand on Day One

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Shiba Inu and PEPE have probably become two of the most popular meme coins after Dogecoin. These projects are accomplishing something difficult in the crypto industry by sustaining long-running meme coin ecosystems. However, this does not mean that they will not be affected by the latest developments in the sector. Recent market trends reflect the fragility of SHIB and PEPE.

The crypto market has started to turn deep red lately and some projects are highly affected by this situation. At the time of writing, SHIB is down nearly 11 percent in terms of its 7-day performance. There is a 4 percent loss in value in PEPE. Crypto investors are skeptical about growth. Investment experts advise investors to be mindful of the volatile nature of meme coins and market volatility.

Considering the alarming decline of SHIB and PEPE and analysts’ bear market predictions, investors are looking to move into promising digital assets. For those looking for high returns on investment in the long term, it is recommended to invest in cryptocurrencies that offer real functionality and allow for a long-term growth trajectory.

According to the sponsored content, the situation of meme coins such as SHIB and PEPE, which have become sensational in the markets, is being closely monitored. Another meme coin that wants to be released is SHIB and it is wondered whether it can compete against PEPE. Sealana (SEAL) allegedly wants to compete against both Shiba Inu and PEPE. Investors who want to purchase Sealana tokens can make their own decisions and participate after their own research. In this sponsored article, the details of this project are conveyed.

Sealana (SEAL) – Solana Network’s Newest Meme Coin

Sealana may be a different option for investors who are tired of seeing the same themes in meme coins. Aiming to capitalize on the growing Solana meme industry and replicate the recent claim of success of Slothana’s meme coin presale, Sealana launched its presale a few days ago.

Buying Sealana tokens means investing in a marine mammal fighting tooth and nail for the clichéd American Dream in an industry dominated by dogs.

Sealana’s meme character face may look familiar for a very specific reason. This character originated as an homage to the extremely popular “Gamer Guy” character, also known as South Park’s fat computer nerd.

Gamer Guy appeared in the legendary World of Warcraft episode of a popular old cartoon and quickly became a household name in his own right. His iconic features that made this possible were his huge glasses, his eyes constantly focused on the screen, his cluttered room and his large size. He went from a “Keyboard Warrior” who commented on Internet messages in a very blunt, hostile and often anonymous way, to a very public figure.

Sealana is off to a strong start in its presale. Solana meme coins raised $150,000 as they led the market recovery. This shows that investors’ interest in new, meme-focused projects is increasing.

To participate in the fixed-price presale, all you need is an already funded SOL wallet. For every 1 SOL token, investors receive 6,900 SEAL tokens as a reward after the ICO ends. This puts them in an excellent position to benefit from a potential surge during the pre-sale and possible Solana meme coin rally that follows.

Investors can pay to purchase Sealana tokens through a widget on the website or by sending SOL from a decentralized wallet to the address shared on the website. It is stated that Sealana will not be airdropped to Solanas sent from exchanges, but it will be airdropped to SOLs sent from wallets with Solana infrastructure.

Solana’s Resurrection: A Closer Look

To understand the potential of the Sealana token, it is recommended to look at the performance of Solana. Because, on its website, Sealana introduces itself as a plump seal diving deep into the Solana Sea. Solana showed a remarkable performance the other day. At the time of writing, it is trading at $140.90, with an increase of 8.19 percent in the last 24 hours. Although this figure remains well below the 2024 high of around $200 reached in March, the increase has undoubtedly attracted the attention of both investors and analysts.

According to crypto analysis company altFINS, trends for Solana do not follow a clear line. SOL price was rejected twice at the $200 resistance level and then retreated to the $125-130 support area.

This strong horizontal support level combined with a long-term bullish trend line could indicate a roughly 20% upside potential towards the $160 level. Therefore, Solana and Solana tokens may offer investors a positive entry point. However, the stop-loss level was set at $115, just below the previous low.

Conclusion

Powered by the Solana ecosystem, Sealana has already caught the attention of meme enthusiasts. You can visit the Sealana website to learn more. For the latest developments about Sealana, you can follow the project on the X or Telegram channel.

Click to view Sealana 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!

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