Slothana, a memecoin based on the well-known Slerf character and built on the Solana platform, has generated buzz, amassing over $10 million during its crypto presale within just three weeks of being launched. The Slothana team has set a 14-day timer on their website, signaling that the official launch of the SLOTH token is slated for April 29.
Why is Slothana Very Popular Among Memecoin farmers?
Despite its current limited use, Slothana is popular among crypto enthusiasts due to its entertaining and endearing concept. The character, represented as a leisurely office employee who enjoys smoking and longs to escape the monotony of corporate life, has sparked interest among investors.
In a different meme, Slothana is shown riding a horse and leading his troops into battle, preparing for a victorious campaign as depicted in various viral images. This portrayal excites fans, increasing their eagerness for the upcoming official release.
Industry insiders observe that Slothana is following a presale approach without set deadlines, similar to popular memcoins on the Solana network such as Book of Meme and $PUNDU. This tactic, marked by intrigue and excitement, has previously ignited enthusiasm and strengthened community involvement.
There’s been impressive growth for several memcoins when they first came out, making people believe that Slothana could be the next big thing, like BONK or dogewhats.
Slothana Countdown Strategy
During the presale, investors can buy SLOTH tokens at a discounted price of 10,000 tokens for every SOL they invest. The tokens will be distributed through an airdrop after the presale ends. This meme coin created a big buzz in the industry, generating $3.5 million in investments within its first four days.
A 14-day countdown prior to the presale gives potential investors a sense of necessity to act quickly and secure their investment. This timing aligns with a promising market situation for Solana, which has recently recovered from congestion problems and market fluctuations caused by geopolitical tensions in the Middle East.
Despitely having limited information regarding Slothana’s functionality and economic model, its humorous allure and connection to the widely recognized Slerf character have piqued the interest of notable figures in the cryptocurrency sector, including influential crypto YouTubers.
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2024-04-16 22:11