Slothana is the latest Solana meme coin that traders believe could return significant gains this April. Loosely based on the laid-back exploits of a slovenly Sloth, Slothana has raised over $5 million in presale capital in just 7 days.
Buying the coin is quick and easy. All you have to do is send $SOL to the project contract address or, visit the official Slothana website, connect your wallet and buy direct.
Slothana eschews the tiered presale approach and has opted for a fair launch pricing system meaning every early investor pays the same.
With no hard cap announced, the project founders could end the presale at any time. Therefore, it pays to get in as early as possible. Once the presale ends, Slothana buyers will receive their tokens.
Same Team as Smog?
Although we can’t be certain, rumor has it that Slothana was built by the same team that brought us Smog. If this is true, then the chances of an early investment in Slothana returning 100x increase exponentially.
Smog pumped 7500% from its presale price to its all-time high earning early investors a whopping 75x on their investment. A recent comment on the official Slothana Twitter feed set tongues wagging.
With the current trend for all things meme coin and Solana showing no signs of abating, there is every chance Slothana will follow in the footsteps of meme legends such as Bonk, Dogwifhat and Book of Meme.
Meme Coin Explosion in April?
It is looking increasingly likely that April is the month for a meme coin explosion. With the upcoming Bitcoin halving (April 19th) drawing increasing investor focus to the cryptocurrency market, and the addition of Doge Day the very next day (April 20th), there is every reason to believe that meme coins will pump hard at the end of the month.
The general consensus among the meme coin community is that Slothana will transit directly to both CEX and DEX listings straight from presale. Were this to happen, we can expect to see a massive jump in the price of the $SLOTH coin overnight. The Slothana community clearly believes that providing both options is the best strategy.
Slothana the New Slerf?
Of course, Slothana isn’t the only Sloth-based meme coin on the market right now. You may have heard of Slerf which was also released on Solana earlier this year.
At its height, $SLERF tokens were changing hands for $1.20 after raising $10 million at presale. The meme coin generated so much attention that even mainstream news site Bloomberg commented on how the coin was processing more than $2 billion in daily trading volume.
If Slothana can replicate some of the success of Slerf then early investors will be happy.
With Solana the busiest blockchain in crypto right now, there is no reason to bet against current trends. Taking a massive 49% share of all global blockchain traffic there is little wonder why Solana is the hottest chain of the year so far.
Therefore, a speculative punt on a trending meme coin like Slothana could provide very lucrative returns in the short to near term.
For more information head over to the official Slothana presale website. To keep up to date on all the latest news and project updates, you should follow the project on X.
DISCLAIMER: THIS IS A SPONSORED POST