The meme coin craze rages on, with Scotty the AI (SCOTTY) doubling in price after its recent exchange listings.
Alongside SCOTTY, a new project called Slothana (SLOTH) is also making waves – and is nearing the $1 million milestone in its ongoing presale event.
SCOTTY Price Rallies as Speculative Hype Intensifies
Scotty the AI has been on a rollercoaster ride after its debut on Uniswap.
The AI-focused token exploded almost immediately, pumping over 200% in the first few hours of trading.
While the initial hype cooled off as some early investors cashed out, SCOTTY demonstrated impressive resilience.
Just yesterday, the token rocketed again – and is up over 130% in the past 24 hours.
SCOTTY’s latest pump pushed its price to around $0.0227 and its market cap towards $20 million.
Nearly 10,000 people hold a stake in the project, while over $880,000 has been locked into liquidity pools on Uniswap.
The project has even earned listings on both CoinMarketCap and CoinGecko.
However, Scotty the AI’s momentum may be set to increase even further as the development team just struck a major milestone – SCOTTY’s first listing on a centralized exchange.
As of this morning, SCOTTY is tradable on MEXC, dramatically boosting its accessibility to retail investors.
AI-Focused SCOTTY Has Substance Behind the Memes
The hype around Scotty the AI goes beyond pure speculation.
SCOTTY’s developers aim to combine blockchain utility with AI capabilities – an approach that has resonated with investors.
SCOTTY holders can stake their tokens to earn rewards paid out over three years.
Annual yields are currently 23% – significantly higher than most similar staking protocols.
But staking rewards are just one part of Scotty the AI’s ecosystem.
The platform also features “Scotty Chat,” an AI chatbot trained in the ways of blockchain data to serve as a personalized assistant for traders.
There are also plans to launch “ScottySwap,” a DEX powered by AI that will facilitate seamless token swapping.
Rounding out Scotty the AI’s roadmap are teases of play-to-earn (P2E) game integration, yet details remain scarce.
Unsurprisingly, these plans have piqued the interest of the trading community.
Scotty the AI’s Twitter account has grown to over 12,700 followers, while its Telegram channel continues to attract hundreds of new members daily.
With this online backing, SCOTTY has positioned itself as a meme coin with real long-term prospects.
Slothana Turns Heads with $690k Presale Haul in Less Than Two Days
While SCOTTY’s launch continues to attract attention, a new contender is rapidly generating buzz of its own.
Slothana and its Solana-based SLOTH token have already raised an impressive $690,000 in just two days of presale activity.
Speculative buyers are clamoring to get exposure to this under-the-radar project.
The prospect of holding onto a hilarious sloth-themed token appears to be all the incentive needed – even without complex tokenomics or a comprehensive roadmap.
In the past few hours, interesting avenues have opened up for those eager to get involved in the Slothana project.
The developers have added a buy widget directly through the website, meaning investors can connect a Solana-compatible crypto wallet and exchange SOL.
At present, 1 SOL will net investors 10,000 SLOTH tokens.
This accessible entry point seems to be intensifying the hype even further.
In less than 48 hours, over 500 people have followed Slothana’s official Twitter channel despite the lack of marketing aggression seen in other meme coin launches.
Investors seem buzzed about the prospects of SLOTH following in the footsteps of other meme coins, like SLERF (SLERF), which launched with no utility but still produced exponential gains due to speculation alone.
Whether SLOTH can capture the viral energy of SLERF remains to be seen, but with nearly $1 million raised, the project is making its mark on the presale space.