New Solana meme coin Slothana looks to become the latest presale sensation after raising $5.5 million in one week.
Following in the footsteps of earlier Solana presale giants, Slothana, the lazy sloth-themed meme coin, takes a nonchalant approach to its launch.
Investors can send SOL to the project’s wallet address or buy directly from the website. A single-tiered pricing system is at play, meaning all participants have equal opportunities.
Yet time is of the essence for this campaign. With no predetermined presale hard cap, the exchange launch could occur anytime, so potential buyers must act fast.
1 SOL equates to 10,000 $SLOTH at presale but may get you far less once it launches on exchanges.
The BOME Cabal Is Behind Slothana?
In an epic feat that made meme coin history, Book of Meme became the fastest meme coin to reach a $1 billion market cap just two days after launching.
It also secured a Binance listing shortly after its launch, something unheard of for most meme coins.
But such unwavering success drew suspicion that a back-seat cabal was masterminding its trajectory.
“You cannot tell me a 20k account did all this by himself,” said analyst Lord Ashdrake on X.
He continued, “There has to be some sort of arrangement because those 1000 SOL buys that came in to push the price even higher must come from somewhere.”
Book of Meme launched as a presale and its immense success rendered those early buyers outrageously wealthy. Its momentum has continued since its IEO, with the price pumping 15% this week while the rest of the market struggles.
Indeed, the time to buy Book of Meme at its ICO price has passed. However, Slothana could offer a second chance.
There are stark similarities indicating that Slothana could be the next cabal token to explode.
For instance, Slothana’s $5 million raise illustrates that smart money is entering with conviction. It’s also worth noting that it has already raised 2.5x more than BOME, which totalled $2 million.
Another factor is rumors that the Smog team launched Slothana. This is backed up by Smog commenting on Slothana’s first-ever X post when it had less than 50 followers.
Smog soared 100x to a $200 million market cap after launching in February, presenting an immensely bullish outlook for Slothana.
While the Book of Meme, Smog, and Slothana teams remain anonymous, the connections stoke massive excitement for the new furry meme coin phenom.
Solana Meme Coins are Making Millionaires
“Solana meme coins made way more millionaires than ETH meme coins and fees are the biggest issue,” Said Ash Crypto on X yesterday.
He continued, “Some dude on Solana turned $80 to $1M while to do a single swap on ETH it costs $80, and if tx fails, you are screwed. This is why retail is going heavy on $SOL.”
However, Solana’s high-octane meme coin market means countless new projects pop up daily, and many don’t last.
But one of the most sure-fire plays has been meme coin presales. This gives an equal chance to all investors, and buyers can get a clear view of demand and whether there will be momentum once it launches on exchanges.
Take BOME, for instance. After swiftly raising $2 million at presale, its price exploded on its IEO.
This enabled one presale investor to turn $72K into $30 million.
Another profited over $6 million from a $19K investment.
Similarly, Slothana’s presale is experiencing tremendous momentum, laying the way for substantial growth after its exchange launch.
However, with its presale potentially ending any time, those looking to buy must act fast.
So don’t miss out. Follow Slothana on X to stay updated, or visit its website to buy the presale.
