News
Slothana Meme Coin presale ends Monday, Airdrop on Solana in 20 hours
Slothana (SLOTH), a Solana-based meme coin, has raised over $15 million in its pre-sale phase and plans to launch tokens on the Solana blockchain on Monday, April 29.
THE Slothana.com the countdown timer now shows just over 20 hours until launch.
🚀 Hold on to your branches, Slothana faithful! 🌿 We are preparing to release some important news: the official launch date is on the horizon! ⏰ Get ready to mark your calendars and set your alarms, because a countdown timer will soon grace our site. Let the hype for Slothana…
— Slothana (@SlothanaCoin) April 14, 2024
What is Slothana?
The new meme coin combines the words “Sloth” and “Solana” and aims to attract holders of SLERF, a viral Sloth-themed token that, despite initial launch problems, was successful and today holds a market capitalization of just less than $200 million.
The Slothana presale was highly sought after, raising over $15 million in just a few weeks and appearing in publications like Cointelegraph and CryptoSlate.
Slothana used a simplified presale model that caught the attention of investors. By sending SOL tokens from their crypto wallets, users can acquire SLOTH tokens at a rate of 10,000 SLOTH per SOL invested.
Slothana pre-sale homepage – go Slothana.com
They will then automatically receive their tokens via airdrop at the end of the pre-sale on April 29th. This simple approach resonated with the community, making it easier for investors to participate in the project’s growth.
The central premise of the project revolves around a lazy character, representative of individuals trying to transition from traditional jobs to the world of cryptocurrency trading.
The goal is to turn the lazy office sloth, tired of the monotonous 9 to 5 routine, into a successful cryptocurrency trader through the SLOTH token. This narrative reflects the desire of many to break free from conventional work structures and embrace the dynamic and promising landscape of digital assets.
Analysts tracking Solana’s launches notice Slothana
Slothana has been actively promoting her project through various crypto channels featuring new airdrops and pre-sales, including 99Bitcoins, CaptainAltcoin, Cryptonomist, CryptonewsZ, and even BusinessInsider.
These collaborations have helped Slothana reach a wider audience and generate buzz within the cryptocurrency community.
Furthermore, the project has also garnered positive attention from influential figures. For example, Matthew Perry, a prominent YouTuber with over 210,000 subscribers, called Slothana “a banger” in one of his latest videos and predicts it could “5 times over upon launch.”
Another analyst and gem hunter, Jacob Bury, speculated about Slothana’s potential growth in a YouTube video.
According to Bury, the value of the project could increase up to 100 times following a successful pre-sale. This YouTuber has 37k subscribers.
Conclusion
The successful presale of Slothana, which raised over $15 million, is a testament to the growing interest in meme coins within the Solana ecosystem, as we have seen in recent months with WIF, BONK, SLERF and BOME, among the others.
While the long-term success of the project remains to be seen, the initial phase has been promising, demonstrating the team’s ability to generate significant interest and attention from investors.
As Slothana prepares for its official launch, the crypto community will be closely monitoring the project’s progress and the performance of the SLOTH token.