The record-breaking Slothana presale enters its last day, leaving sidelined market participants with little time to get in.
Meanwhile, the broader crypto market is teetering on another leg up, so things look promising for the $SLOTH exchange launch.
Slothana is a Solana-based meme coin that has raised over $15 million in its presale, exceeding that of its renowned predecessors, Book of Meme and Slerf.
The sloth narrative is stealing the spotlight
It seems that dogs have already had their day in crypto as a sloth-themed meme coin takes center stage.
Having raised an unprecedented $15 million at presale, Slothana’s success reflects traders migrating from pet-themed tokens to more exotic creatures.
This month, dog-themed tokens have taken a nosedive, with Dogwifhat down 12%, Shiba Inu down 20%, and Dogecoin down 30%.
However, Slothana has shown unwavering strength, breaking presale records while the broader meme coin market struggles.
Meanwhile, its X account has racked up over 26K followers and is seeing substantial community growth, with many tweets garnering thousands of likes and hundreds of thousands of views.
Indeed, that sets a bullish precedent for its upcoming IEO, particularly now that the crypto market is recovering. But that’s not the only factor hinting at huge potential.
Book of Meme and Slerf made millionaires, can Slothana 100x?
For those who don’t know, Book of Meme and Slerf are perhaps the most iconic presale cryptos of 2024. Both projects launched in March and achieved instant meme coin stardom.
For BOME, this entailed becoming the fastest meme coin to a $1 billion market cap and getting an off-the-mark listing on Binance. And for SLERF, this meant eclipsing Ethereum in on-chain trading volume and receiving coverage in Bloomberg.
Both of these cryptos were conceived as Solana presales, with Book of Meme raising $2 million and Slerf raising $10 million.
At the height of their successes, the projects printed countless millionaires. This was widely reported by leading blockchain analytics account LookOnChain.
However, the new meme coin Slothana has raised more than these projects combined. So does that mean $SLOTH is the next millionaire-making 100x meme coin?
While it remains to be seen how far it will go, leading analysts are certainly bullish.
Savvy Finance recently said, “This could be the next 100x Solana meme coin,” and warned his audience that they currently face the “last chance to buy” at presale.
“Slothana has 25,000 followers and is teasing at a Binance listing, which would be crazy if it happens,” noted low-cap trader Jacob Bury.
Indeed, given Slothana’s presale success and the fact that it has outpaced BOME, there is no doubt that tier-one exchanges will be taking a look.
A single-tiered pricing system lays the way for a smooth IEO
Adding to the Slothana IEO excitement is a revolutionary presale pricing system where all investors get in at the same cost. This opposes the traditional multi-tiered pricing system which incentivizes people to get in early.
Slothana’s way encourages community alignment, where early and late investors have the same cost of entry, increasing the likelihood of a smooth and successful IEO.
This is great news for those considering buying today. They can purchase $SLOTH at the same price as presale investors who got in on day one.
Still, they must act fast because the presale ends in just 20 hours from press time.
So don’t miss out. Follow Slothana on X for the project’s latest developments. Alternatively, visit its website to buy the presale.
