The meme coin mania is in full swing, with investors continuing to hunt for the next gem that could deliver 100x – 1000x returns.
While top meme tokens such as Dogecoin, Floki and Dogwifhat are also generating significant returns, new meme coins continue to significantly outperform them, at least in the short term. Tokens such as Slerf, Pundu, Pump and Mew have already delivered millions in profits.
For instance, one trader made $1.35 million with $BOME and then over $90 million with $MEW – simply by getting in early.
Crazy!😱
— Lookonchain (@lookonchain) March 31, 2024
Not only did this smart money make $1.35M on $BOME, but he also made over $90M on $MEW!
He spent 5,490 $SOL($1.07M) to buy 9.58B $MEW(10.8% of the total supply) and the unrealized profit exceeds $90M!https://t.co/OWpoKMSY2F pic.twitter.com/r0ZKuiVtIS
Now smart-money traders have identified a new Solana meme coin that could offer up to 1000x returns after its launch. Office sloth-inspired meme coin Slothana ($SLOTH) continues to witness significant demand in its presale, having raised close to $5 million in less than a week.
Crypto YouTubers Are Extremely Bullish On Slothana
Widespread social media hype is one of the key contributors to a successful meme coin project. Just hours after its launch, Slothana was already trending on X/Twitter.
Now, crypto YouTubers and trading experts are also backing this new meme coin. Popular channel 99Bitcoins, which has more than 708k subscribers on YouTube, believes that Slothana could be the next 100x Solana meme coin and can potentially even flip Slerf.
Indeed, Slothana does have similarities to Slerf. Both are sloth-inspired meme coins, an emerging trend in the meme crypto market. Slothana also has a similar model of fundraising to Slerf. Interested buyers can simply send $SOL tokens to a crypto wallet and receive their tokens as an airdrop after the completion of the presale.
However, $SLOTH does have some potential advantages over Slerf. Firstly, its presale does not have any hard cap and could end with very short notice. This is only leading to more FOMO and hype surrounding the token.
Secondly, rumours are circulating that the team behind Slothana is the same one that led another popular Solana meme coin Smog to over $264 million in market capitalization. Smog has been a more successful meme coin compared to Slerf and has already offered close to 27,000% returns to early buyers.
If the rumours are true, Slothana could replicate Smog’s performance after its launch.
Other YouTubers are also bullish on $SLOTH, with Jacob Bury – who has close to 37k subscribers – projecting up to 100x returns for the new meme coin. Another popular YouTube channel Cryptonews has gone even a step further, calling it the “next 1000x presale”.
TodayTrader, who has over 11k YouTube subscribers of his own, also has high praise for Slothana, calling it “potentially the next Doge or Shiba Inu”.
How To Buy The New Slothana Meme Coin?
As previously mentioned, Slothana has a new presale model in which buyers can simply send $SOL tokens to a wallet. The wallet address is EnSawje2vQSQKtGbPYdXEuYKm2sHgeLKJTqCmrDErKEA.
However, investors who prefer the traditional model of presale can also head to the project website and connect their Phantom wallets. They can then buy the token by swapping $SOL.
The price of $SLOTH will remain fixed for the duration of the presale. 1 $SOL token will net 10,000 $SLOTH tokens.
However, early buyers will still be at an advantage. Firstly, the Solana price continues to surge, making it more expensive to buy the 10,000 $SLOTH tokens. Secondly, the presale does not have any hard cap and investors could easily miss out on this opportunity.
Investors should also keep an eye on the Slothana X account for the latest updates about the project.
