Investors Eyeing 100x Growth for This Memecoin

Crypto enthusiasts are expecting Slothana, a Solana-based meme coin, to register a significant gain of up to 100x after the conclusion of its presale. 

Slothana (SLOTH) is the latest Solana meme coin to capture the attention of crypto investors. As it continues to garner more attention, experts project that it could see a whopping 10,000% (or 100x) gain after its presale.  

Slothana’s Debut 

Since Slothana’s debut, the meme coin has captured the crypto community’s attention, with investors flocking in their numbers to participate in the ICO. 

Interestingly, the development team raised more than $5M in presale capital in one week. At the time of writing this line, the amount raised in the ICO has spiked to $9.02 million. 

It is worth mentioning that the Slothana team did not specify any hard cap target for the presale, which implies that the ICO can end at any time. The team adopted a “fair launch pricing system,” thus allowing investors to acquire the token at the same price. 

To acquire SLOTH, users must either send SOL to Slothana’s contract or connect their wallet directly to the project’s website to buy the asset. 

Here’s Why Investors Think SLOTH Spike 100x 

Although SLOTH is not yet available on exchanges, crypto enthusiasts speculate that the token could rally over 100x. 

They seem optimistic about SLOTH achieving the feat due to speculation that Slothana was created by the team behind another Solana-based meme coin, Smog (SMOG). A recent comment, “To The Moon,” from Smog’s official X account triggered this speculation.

Smog token, which launched on February 7, gave early investors 7,500% gains on their investments. Consequently, investors project that Slothana will surpass SMOG’s successes and register a price gain of up to 100x.

Notably, Slothana will debut on both centralized and decentralized exchanges after the presale ends. In a recent poll on X, most of Slothana’s community members voted in support of this initiative.

🌿🦥 Attention, fellow sloths! Poll time. Should we launch on DEX only, embracing the true spirit of decentralization and lazy trading? Or should we go full throttle, hitting up both CEX and DEX like the overachieving sloths we could be? Cast your vote below #slothana #memecoin

— Slothana (@SlothanaCoin) March 29, 2024

Meanwhile, with the upcoming Bitcoin halving scheduled to take place later this month, April is expected to be a bullish month for meme coins.

Meme-based cryptocurrencies, including Dogecoin (DOGE), Shiba Inu (SHIB), Dogwifhat (WIF), and Pepe (PEPE), could experience a massive price rally after the halving event.

Slothana might also participate in the meme coin frenzy if it officially goes live on exchanges before or immediately after Bitcoin halves. However, it is important to remain cautious and carry out proper research when investing in early meme coin projects, as some investors have become victims of rug pulls.