Like many recently launched Solana meme coins, Slerf coin made its debut in a pre-sale and raised $10 million from investors.
It quickly gained traction on social platforms and Solana-based exchanges such as Jupiter and Orca. In the frenzy of trading activity, its price had surprisingly risen to $1.01 on March 19, 2024, within hours of its launch. It has fallen since then. There is optimism that SLERF, which was traded at $ 0.45 as of the time this news was written, will rise above $ 1 again.
According to predictions made by industry professionals and experts, SLERF is also expected to surpass the $2.22 level before the end of the year.
Before it reaches this target, it needs to rise to $1.07 and perhaps reach levels between $2.09 and $2.22. While wondering whether SLERF will rise to $1, investors seem to be rushing to purchase Slothana coin, which is viewed as an alternative. Because there are less than 3 days left until the pre-sale ends.
Last Call for Slothana, which Raised More than $15 Million in Funds
Slothana (SLOTH) is about to launch its token, which has created great expectations among investors. More than $10 million was collected in the pre-sale for SLOTH, which is said to be an alternative to SLERF.
Modeled after the internet’s famous office worker “sloth” meme, Slothana is dominating social media in the cryptocurrency industry.
Investors can skip the normal purchasing process to purchase Slothana coins. Instead, it sends SOL tokens to a specific wallet address.
There were over 15 million SOL worth of token purchases from early adopters. This proved that the pre-sale is one of the hits of 2024. It seems that the end of the pre-sale event is very close in the project, which has a countdown tool on the website.
Slothana’s SLOTH token will be listed on DEX
Although the details about the DEX are not yet fully known, it is certain that those who have invested in the coin will follow the announcement closely.
Investors are rushing to buy Slothana coins ahead of listings in the hope that their value will skyrocket once the coin goes public. The team behind the token is offering a “last chance” to purchase.
The initial coin offering (ICO) is still going strong as of now, with the website timer indicating it will end on April 29. This leaves Slothana lovers up to 3 days to register for the pre-sale.
Purchasing SLOTH is quite easy for potential investors. For this, a Solana compatible crypto wallet is needed that supports SOL and SPL tokens. Popular options are Phantom and Solflare.
After setting up the preferred wallet and storing the seed phrase securely, all that remains is to purchase the SOL and transfer it to the Solana wallet from a reputable exchange.
All Eyes on Slothana in the Market
At the beginning of last week, Slothana raised more than $10 million. The initiative received several million more in donations earlier this week.
This is because Saturday, April 20th coincides with both Bitcoin’s halving, which occurs every four years, and Doge’s Day.
Slothana will also announce the airdrop date when the timer runs out on Monday next week.
The SLOTH airdrop and upcoming listing by Slothana comes at a very important time. As Bitcoin’s supply struggles to meet its sustained demand in 2024, the broader crypto market expects several rallies.
According to Slothana’s post-Bitcoin halving analysis, 2024 could be a big year for cryptocurrency investors as the previous three halvings have consistently triggered market-wide bull runs.
The market as a whole moves with the price of Bitcoin. All major cryptocurrencies follow Bitcoin’s price trajectory. Many projects saw their biggest increases so far this year in late February and early March.
Slothana’s native network, Solana, has recently witnessed a proliferation of new coins due to the growth of its ecosystem.
Highest Earners from Solana
Solana meme coins such as Bonk, Floki, and DogWifHat have outperformed their Ethereum-based counterparts Pepe and Shiba Inu in recent months. Due to investors’ fear of missing out (FOMO), these victories indicated that Slothana would be the network’s next viral meme coin.
Despite this, Solana’s price has taken a hit due to a series of recent disruptions, allowing the network to recover.
To address the technical issues plaguing the Solana network, engineers recently released a mainnet beta update. Solana and all its related ventures are now ready to rebound. For these reasons, SOL tokens continue to remain popular.
Solana’s solid foundation provides ideal conditions for Slothana’s growth and development. The success of SLERF and other sloth-themed projects also helps Slothana.
Following their launch, several projects saw significant increases. SLERF in particular reached a market value of $170 million. Slothana plans to capitalize on the popularity of the sloth theme to match or surpass that success.
Disclaimer: This is a sponsored content and press release and what is written here cryptokoin.com It does not reflect the views of the team. High risk of loss should be taken into consideration in leveraged transactions and cryptocurrency investments, and extensive research should be done before investing in any platform.
To be informed about the latest developments, follow us twitter‘in, Facebookin and InstagramFollow on and Telegram And YouTube Join our channel!