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The Slothana price has pumped 59% in the past 24 hours to trade for $0.01650 as of 07:30 a.m. EST.
The surge enabled SLOTH to outperform all the top Solana meme coins by market capitalization, with data from CoinGecko showing most top SOL meme coins dumping on the one-day timeframe.
The only exception is Jeo Boden (BODEN), which rallied 15% after remarks by former president of the US Donald Trump on Wednesday.
SLOTH’s ”send SOL” presale raised more than $15 million in a month in one of the most successful ICOs this year. The token embraces the iconic sloth with a cheeky, irreverent brand.
$SLOTH to the 🚀🚀🚀 #Slothana #SolanaMemecoin pic.twitter.com/jUGFx7LimE
— CryptoCrod (@CesarRo96898035) May 9, 2024
Slothana Price Prediction
The Slothana price is consolidating within an ascending parallel channel, which is a bullish continuation chart pattern. For as long as the price of the asset remains within the confines of this technical formation, it is bound to record more gains.
The 15-minute chart below for the SLOTH/USD trading pair shows that the Slothana price is primed for more gains. It continues to hold well within the pattern, with momentum rising as shown by the climbing Relative Strength Index (RSI). Noteworthy, the RSI position above the mean level of 50 is also a bullish sign, reinforced by the Moving Average Convergence Divergence, which has flipped into positive territory.
Increased buyer momentum could see the Slothana price clear the formidable resistance marked by the equal highs at $0.01707. In a highly bullish case, the gains could extend for the Solana-based token to reclaim the $0.01883 range high. Such a move would constitute a climb of over 15% above current levels.
TradingView: SLOTH/USD 15-min chart
On the other hand, if traders begin to cash in on the grains made, the Slothana price could drop. A break and close below the $0.01479 support on the 15-minute timeframe would invalidate the bullish thesis.
Coming hard on the heels of Slothana is another ”send SOL” ICO that’s grabbing investor attention called Sealana (SEAL). It sprinted past the $300K threshold in sales within a week. Crypto analysts and YouTuber Oscar Ramos has provided an explanation of how it works in a detailed review.
With SOL-based tokens like Dogwifhat, Bonk, Book of Meme, and others exploding in recent months, Solana meme coins have become a force to be reckoned with.
Promising Alternative To Slothana
SEAL, which powers the Sealana ecosystem, is one of the promising alternatives to Slothana. It distinguishes itself through a lighthearted narrative centered on a seal trader.
The token’s branding is based on a charming, chubby seal character who has dived deep into the ‘Solana Sea.” The character, once sleek and agile, has now adopted a sedentary trader’s lifestyle, clustered with the remnant of his trading exploits.
Emerging from his mom’s basement, Sealana embodies the reinvented American dream as a fresh character in the realm of Solana-based meme coins, diving into the cryptocurrency world as a marine mammal.
New Meme Crypto ‘Sealana’ Attracts Whales As Solana Price Recovers.
#SolanaMemecoin pic.twitter.com/zqP73U7Mk3— TechStory (@TechStoryin) May 5, 2024
With 311K already in the bag, crypto analyst and YouTuber Jacob Bury says SEAL has the potential to surge 10X after launch.
Sealana is a ‘Send SOL’ presale and has no timers, stages, hard caps, or even a white paper. This means that the ICO could end at any time, which makes now the best time to buy.
Visit and buy Sealana here. One SOL buys 6,900 SEAL tokens that will be airdropped to investors after the presale ends.
Also Read:
- How to Buy Sealana – SEAL Presale Review
- Solana’s SEALANA ($SEAL) Is Bringing Back Meme Coin Greatness, Raises $300,000 In Opening Week
- Top 3 Presale Crypto Gems to Invest in Before May Ends – Dogeverse, Sealana, and 5th Scape
- Is Sealana the Next Big Solana-Based Meme Coin? – TodayTrader Presale Review
- Next Crypto to Explode: Unveiling the Potential Market Shaker of 2024
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