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Price Analysis

Slothana Meme Presale Raises Over $10 Million in 2 Weeks Amid Solana Community Congestion

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Last updated: 2024/04/10 at 2:01 AM
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Contents
Energetic Neighborhood and Clear StaffSlothana Novel “Ship to Pockets” Presale MechanismAbout Slothana ($SLOTH)

London, United Kingdom, April ninth, 2024, Chainwire

The newly rising Solana-based meme coin Slothana ($SLOTH) continues to realize traction and raises over $10 million in 13 days, changing into one of many largest ongoing Solana presale. The milestone was reached whereas the Solana community skilled congestion points that decreased the general exercise on the chain.

The presale is at present nonetheless energetic and the trade charge is about at 10,000 $SLOTH token for each SOL token.

Energetic Neighborhood and Clear Staff

With 14,000 followers on X, all of the updates on the venture are communicated by the group by the official Slothana web page.

In an effort to make its followers really feel a part of the venture, the group launched a survey about itemizing, asking the neighborhood to decide on between a DEX solely itemizing or an inventory on each a DEX and a CEX.

The survey publish gathered over 217,000 views and 5,700 votes with a a number of itemizing triumphing with 77% of the neighborhood selecting that choice.

On April 2nd, the Slothana group reacted shortly to a short lived area block purchase its ISP. The group rushed to push a duplicate of the web site stay on slothana.io which changed for only a few hours the official area slothana.com.

On April fifth, after figuring out Solana Community’s congestion the group determined to carry out a fast conversion of the SOL funds to USDT whereas additionally transferring them from Solana to Polygon. This ensured funds safety and worth stability contemplating that SOL worth dropped over 10% from $189 to $170 on the fifth April.

The group rushed to tell the neighborhood on X on this case, too.

Slothana Novel “Ship to Pockets” Presale Mechanism

Pioneered by Darkfams by E book of Memes ($BOME), this new development of elevating funds straight by audiences captivated Solana merchants throughout March. Analysts counsel that over $100 million was raised in presales in the course of the month by this distinctive manner of investing.

The Slothana ($SLOTH) presale makes use of a novel technique to take part in its fundraising. As an alternative of the standard presale route, these trying to get positioned in Slothana are required to ship $SOL on to a pockets handle listed on the venture’s web site. Alternatively, customers can make the most of the “Lazy Sloth Shopping for Widget” by connecting their pockets and sending $SOL.

$SLOTH will then be dropped to all wallets sending $SOL following the token’s launch.

It is very important observe, as clearly acknowledged on the web site and X account, that it’s important to ship the funds from a non-public pockets fairly than an trade pockets.

About Slothana ($SLOTH)

Slothana ($SLOTH) is a newly rising Solana-based meme coin that seeks to duplicate the success of $BOME and $SLERF by a novel presale mechanism.

The venture’s meme is very personable and might communicate to a variety of crypto customers.

It depicts a good-looking sloth character sitting in his workplace ready for his 9-5 shift to finish. The sloth is uninterested in his monotonous job and daydreams of a distinct life, wanting to finish his grind and enter the crypto buying and selling world.

Slothana is the supply of this content material. This Press Launch is for informational functions solely. The knowledge doesn’t represent funding recommendation or a proposal to speculate. Investing in cryptocurrencies in risky and harmful.

Contact

Slothana
contact@slothana.com

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