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Meme coins continue to be a hot topic on Solana as Slotthana (SLOTH) is set to launch next week.
After a pre-sale that raised more than $15 million from retail traders, this irreverent project is hoping to gain huge popularity and follow in the footsteps of previous viral meme coins.
SLOTH pre-sale has entered its final days with DEX listing imminent. The stage is set for another meme coin to emerge from Solana. And that coin could be Slotthana, just days away from its public market debut.
This hilarious meme project, where investors channel their inner laziness, has been collecting SOL contributions for over a month.
Now that the pre-sale is set to end on April 29th, anticipation is growing as to where the SLOTH token will begin trading. The development team is currently keeping the listing details secret, but Slotana’s Twitter account I believe an announcement will be made early next week.
This move makes sense as it coincides with the conclusion of the pre-sale. Plus, the timing of Slothana’s release seems ideal.
The Bitcoin halving has finally happened and now investors believe a bull market is very likely to occur.
So, if the Slotthana team can execute a successful DEX list, SLOTH could be perfectly positioned to sustain its upward trend.
What is Slotthana and why is it so overrated?
But what is it about Slotthana that makes investors so excited?
The main reason is Slotthana’s simple yet brilliant meme coin concept that focuses on one of nature’s most laid-back creatures.
There are no utilities or cool use cases here.
A lazy mammal that serves as Slotthana’s mascot, he helps create a selection of funny memes and videos that go viral on social media.
It’s certainly ridiculous, but fascinating nonetheless. And it is this simplicity that has generated exponential returns for many meme coins in recent months.
Take a look at the Slerf (SLERF) token launched in March. Another sloth-themed meme project briefly surpassed $520 million in market capitalization.
By leveraging the proven formula of cute mascots without utility, Slotthana could be set to follow in SLERF’s footsteps.
Moreover, because SLOTH is entering the fast-growing Solana Meme Coin ecosystem, it could quickly attract the attention of investors seeking the explosive price potential of the next-generation token, Twitch.
Could SLOTH be the next meme coin to explode on Solana?
Ultimately, the stars appear to be aligning for Slotthana to take off. With 1 SOL currently securing 10,000 SLOTH in pre-sale and each token being valued at approximately $0.0157, these new tokens have a golden opportunity to catch fire upon listing.
Because meme coins will shed their decadent stigma in 2024.
With Tier 1 exchanges like Coinbase launching PEPE (PEPE) perpetual futures earlier this week, they have now become a key part of the cryptocurrency market.
There are also plans to permanently launch Dogwifhat (WIF). Against the backdrop of a rapidly growing meme coin infrastructure, a product as attractive as Slotthana looks set to benefit from the legalization of these joke tokens.
Combine SLOTH’s low pre-sale price, soaring social media hype, and the growth of the Solana ecosystem, and the token has all the ingredients to gain traction.
Therefore, investors are hoping that SLOTH will become the next Solana-based meme coin and attract people’s attention.
To learn more about this project, visit the Slotthana website.
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