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Popular and lovable Solana meme coin Slothana ($SLOTH) today announced that it will be listed on top 10 crypto exchange HTX.
Trading is set to begin on Monday 20 May at 12pm UTC, with deposits open now, according to the details released simultaneously via an HTX blog and a $SLOTH X post.
The exchange has 10 million users and if you are not yet among them, you can sign up at HTX today.
HTX is ranked ninth by crypto data site Coinmarketcap with 24-hour trading volume in excess of $2 billion.
The exchange is headquartered in the Seychelles, with offices in Hong Kong, South Korea, Japan and the US.
Founded in 2013 by Leon Li in Beijing, China, HTX has carved out a loyal following worldwide, especially in Asia.
South Korea, where the exchange has a substantial footprint, has been the source of a large part of the trading activity that has seen crypto prices move into bullish territory this year.
$SLOTH will be among around 500 tokens available to trade on the site and will greatly add to the liquidity of the SLOTH/SOL trading pair.
🚀 Big news for all you loyal $SLOTH supporters! 🦥🔥$SLOTH has crawled its way onto @HTX_Global, a top 10 crypto exchange! 🎉 Trading starts Monday, May 20th at 12pm UTC. Get ready for Lambos and fat stacks! 🚗💰
— Slothana (@SlothanaCoin) May 17, 2024
Sign up here https://t.co/t6OffQBaX0 and get ready for launch… pic.twitter.com/CN4em5x5q3
Exchanges Queue Up To List $SLOTH – Will Binance Be Next?
The HTX listing follows the token’s appearance on Poloniex, Bitrue, and XT.com. More exchanges are set to follow. Earlier today, for instance, the Bitwexc.com exchange enabled trading of $SLOTH.
On decentralized exchanges, $SLOTH has a trading volume of $12 million in the past 24 hours. Adding on the centralized exchanges (CEXs) and that figure rises to $29.5 million, with millions more dollars in volume set to flow in on Monday.
It should also be noted that the $100 million market cap level is widely watched by exchanges as a factor determining whether a coin should be listed, which is why more top-tier exchanges are set to follow HTX’s move.
Competition among exchanges for trading volume fees market share in the hot meme coin sector continues to sizzle. Market capitalization of $SLOTH was nudging the $100 million level before the latest announcement.
With HTX in the bag, market participants’ attention turns to which other big exchanges will follow – Binance and OKX spring to mind.
I cant sleep without cex $SLOTH #Slothana #Slothlife pic.twitter.com/TGitrTJEuT
— Sol the $SLOTH (@sol_the_sloth) May 16, 2024
Next Target For $SLOTH Price Is 10 Cents, Then Onward To $1
$SLOTH was priced at $0.0515 before news of the HTX listing broke to confirm earlier rumors. This week the token touched an all-time high of $0.056 and is now sitting pretty to take out resistance at around that level.
Monday’s listing is expected to be the first in a succession of exchange listings news developments.
Leading Crypto Poker Site CoinPoker Offers Free Entry For $SLOTH Holders To $10,000 Cash Pool Tournament On Sunday
A novel burn mechanism that sees $1 million worth of $SLOTH burnt for every 1 cent that the price advances helps the price sprout green candles on the chart, providing impetus for bullish behavior.
🦥♥️♠️Exciting News for the $SLOTH Community 🦥♥️♠️
— Slothana (@SlothanaCoin) May 14, 2024
The guys over at @Coinpoker_OFF love Slothana so much that they’ve set up the #SLOTHSUNDAY no limit hold-em tournament, and they’re giving the entire $SLOTH community FREE Entry!
With a guaranteed prize pool of $10,000, $25… pic.twitter.com/SrLb4yWWZE
Also, this week it was revealed that top crypto poker site CoinPoker and $SLOTH have teamed up to run a 10,000 prize pool. The tournament starts on Sunday 19th May at 19:00 GMT.
There’s a lot for the Slothana community to be smiling about right now, as listings kick in, supported by burn events, and no doubt more partnership deals as the coin’s virality spikes on the back of a surging valuation.
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