Mr4Beast

2024/05/13 14:04

This New Solana Meme Coin Pumped 495% – Here’s Why

Solana meme coins have been a hot story during this bull run, and the most recent sensation is Slothana (SLOTH). This meme coin quickly reached over $80 million in market capitalization, leading some to believe it could mirror the success of BONK, another popular Solana-based meme coin.

Let’s explore why Slothana price has pumped so dramatically and whether it truly has the potential to replicate BONK’s achievements.

New Solana Meme Coin: Slothana Price Prediction
Following a successful $15 million presale, Slothana (SLOTH) launched on exchanges and, according to data from Dextools, its price surged 495% in the last seven days. This meteoric rise can be attributed to several key factors.

Firstly, Slothana has cultivated a very active and engaged community. Its X profile, for instance, has already amassed 35,000 organic followers in a very short period. Additionally, the team has demonstrated a commitment to token burns, recently announcing that 5% of SLOTH tokens (worth $3 million) had been burned, with plans for another $1 million burn once the price reaches $0.04.

#Hit March's Interaction Leaderboard#How high the price of BONK can go?

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