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Cryptocurrency News Articles

Sealana: The Latest Solana Meme Coin to Make Waves, Surpassing $3M in Presale

May 30, 2024 at 02:02 am

Leading the charge among Solana ($SOL) meme coins is Sealana ($SEAL), which recently surpassed the $3 million mark in its presale.

Sealana: The Latest Solana Meme Coin to Make Waves, Surpassing $3M in Presale

Solana ($SOL) meme coins have been surging despite the coin’s 7-day price slide of 6.4%.

As reported by CoinMarketCap, SOL is trading at $168.46, down from $180.88 last Monday.

However, over the past 24 hours, Solama (SOLAMA) has rallied 55.5%, while two other mammal-inspired meme coins, Cat in a Dogs World (MEW) and Shark Cat (SC), have also gained 17.6% and 13.7% respectively.

Collectively, over the same period, the market cap of Solana meme coins has increased by 8.4%.

This strong interest in meme coins highlights the broader enthusiasm for decentralized technology and the cryptocurrency industry.

As such, there is anticipation that meme coin mania will continue throughout the summer, especially given the shift in sentiment around April’s Bitcoin halving.

The Solana meme coin community embraces projects that push the boundaries, often engaging in edgy and controversial activities.

For instance, Sealana has been capitalizing on this trend by weaving political issues into its tapestry, amplifying its American patriotism theme.

In one X post, Sealana supporters were urged to send $SOL to help clear the swamp and restore meme coins to their former glory.

This strategy proved effective, as traders quickly capitalized on the hype, driving Sealana’s value to new heights, eventually reaching a market capitalization of $750 million in March 2024.

However, following this surge, SLERF’s hype has subsided, leading traders to identify the next big thing on Solana, with Sealana being a strong candidate.

Another Solana-based meme coin that has garnered significant attention is Slothana.

Despite being represented by a sloth, the coin’s growth has been anything but sluggish.

From the moment Slothana presale began, the buzz surrounding the coin was palpable.

The coin quickly attained a market capitalization of $100 million and managed to raise over $15 million in just a few weeks during its presale.

Many expect Sealana to be the next meme coin to inherit the mantle from Slothana, a notion echoed by YouTuber ClayBro, who has 129,000 subscribers.

In a recent video, ClayBro discussed Sealana’s presale, highlighting its simplicity and the ease with which participants can acquire $SEAL tokens.

According to the project’s website, there are two main methods to purchase $SEAL during the presale:

Participants can either buy $SEAL directly through the website widget using SOL, BNB, or ETH, or they can send SOL directly to the presale wallet.

Once the presale concludes, participants will have their tokens airdropped directly to their wallet, eliminating the need to reconnect the purchasing wallet and pay gas fees.

However, unlike Slothana, there is no soft or hard target stated on the Sealana website for the completion of the presale or the total token supply.

Those who wish to buy Sealana should do so before the presale closes.

To stay up to date on the latest Sealana developments, join the project’s community on X and Telegram.

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Other articles published on Nov 23, 2024