Slothana Enters Final 2 Days of Presale After Raising $15M – Next Solana Meme Coin to Explode?
Slothana, one of the most successful Solana meme coin presales so far, is gearing for its exchange launch as its ICO ends in two days.
This means that traders face their last opportunity to buy $SLOTH at a fixed price before it opens to the broader market, and its price becomes subject to supply and demand dynamics.
Slothana is bound to cause a stir on its IEO, with its record-breaking $15 million total raise reflecting an unrivaled market appetite.
Slothana: Unlike Anything Before
The Solana presale circuit has gifted risk-taking degens several opportunities for life-changing wealth.
Two of the most notorious are Book of Meme and Slerf, which both witnessed monumental success after their IEOs and made many millionaires in the process.
The phenomenon was widely covered; for instance, LookOnChain tracked blockchain activity to report how one BOME presale investor turned $72K into over $30 million.
However, Slothana’s $15 million total raise has already overshadowed BOME’s ($2 million) and Slerf’s ($10 million).
Slothana’s success is fueled by a slew of bullish factors, each feeding confidence to the Solana community.
Like BOME and SLERF, the sloth-themed meme coin adopts a laid-back single-tiered pricing system, ensuring all investors have equal opportunity and laying the way for a successful IEO where all holders work together.
Potential investors have two ways to buy the presale: sending SOL to the project’s wallet address or connecting their wallet to the presale site’s buy widget, offering a more seamless user experience.
But while these factors have struck a chord in the community, rumors that the anonymous Slothana team is the same quick-witted crew that created Smog are causing a frenzy.
Smog and Slothana?
It’s often thought that meme coin success is flippant and accidental, requiring nothing but luck and chance for projects to rise up the market leaderboard. However, that is rarely the case.
Hundreds of new meme coins launch daily, but most fall as quickly as they rise (and many never actually rise). This hyper-competitiveness makes it harder to get noticed, and the projects that do usually have some far-sighted help at hand.
In Slothana’s case, the community believes its founders are the same savvy marketers and developers who launched the Smog token.
Smog is a Solana-based meme coin that exploded over 100x after launching in February, peaking at a $270 million market cap within weeks. Indeed, with both seeing near-instant success, it is easy to see why speculators connect them.
But the community has spotted an even more undeniable connection, with Smog commenting on Slothana’s first X post when it had less than 50 followers.
While this does not inherently mean both projects have the same founders, it does illustrate they are connected on some level, reflecting a bright future for the latest Solana phenomenon.
That said, the opportunity to buy Slothana at presale is ending soon. With just two days until the ICO concludes, potential investors must be fast.
Follow the project on X to stay updated. Alternatively, visit its website to buy tokens.
Visit Slothana Presale
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