Solana’s all-American Hillbilly Sealana (SEAL) token presale has attracted over $3 million in one month, driving a new wave of Solana meme tokens that have captured the attention of investors around the world.
Sealana’s predecessors, coins like DogWifHat ($WIF), Bonk ($BONK), Book of Meme ($BOME) and Popcat ($POPCAT), all quickly rose to become the top ten meme coins by market cap within a year of launch.
Another viral Solana meme ICO — Slothana ($SLOTH) the 420-friendly sloth — raised $15 million in a one-month pre-offer.
It now looks like $SEAL is set to be Solana’s next sensation as investors help push the pre-sale past the $3 million funding threshold.
#Sealana and his $SEAL buddies tore through Vegas like a tornado in a trailer park! 🌪️ After suffering a hangover, he hit the jackpot and has been living it ever since! 💰🎰 She even rented a Lambo for clout like every #Crypto digen! 🏎️
Join the #Presale now and help… pic.twitter.com/XzJWO9L7HJ— Sealana (@Sealana_Token) May 22, 2024
Who is Solana’s new dollar stamp, Silana?
Sealana began life as a reference to South Park’s Gamer Guy, a meme legend known for his unhealthy screen time.
Gamer Guy first appeared in the World of Warcraft episode of South Park, and has since become an icon of screen overuse, from keyboard warrior to couch (or office) potato.
There are rumors that the team behind it came up with a viral $SLERF meme of the year.
Slerf’s launch got off to a rocky start when the project accidentally burned $10 million in tokens allocated to early investors. After seeing Slothana take the concept of sloths and continue raising them, the team returns with Sealana.
Sealana is one of the projects that has earned Solana a good reputation as the best tier one blockchain for launching large scale meme coins.
Solana currently hosts a digital economy storing over $4.8 billion in total value locked (TVL) across multiple apps and financial services, with 1.17 million active users transacting daily and over 2,500 active developers monthly.
There are also some potentially market-moving events that could add billions to Solana across all of its projects.
Both Solana and Celana look bullish this year.
The SEAL coin and other Solana coins could attract some feverish speculation next year when the economic impacts of Bitcoin’s software update known as the “halving” begin.
This is because the halving reduced mining rewards from 6.25 bitcoins per block to 3.125, effectively halving the rate at which miners sell new bitcoins on the open market.
Now, with Bitcoin hitting all-time highs this year after the US approved spot bitcoin investment products in January, observers say the cryptocurrency could be even more valuable, thanks to crippling new supply colliding with surging demand.
Are you ready to stamp $ like #Sealana? 🦭💥
Now, here’s how you’ll do it!
Being bullish on #Memecoins 💸 #Hodling Strong 💪
Driving Lambos 🚗
Fast food diet 🍔🍟
Huge gains 📈
Embrace the Second Amendment 🇺🇸
Send $SOL 🚀🦭 pic.twitter.com/ozmKVFEggR— Sealana (@Sealana_Token) May 24, 2024
The past three halvings have added significant value to the market within a year of updating.
Further market-wide upside could lead to a further gold rush later this year.
This time, Solana tokens will lead the gains, ahead of their ERC-20 counterparts.
US approval of ETFs last Thursday could be a boon for Solana meme coins like $SEAL in the medium term.
Creators on Solana often boast that their network is the “#1 Ethereum killer” and so their tokens often react bullishly to positive Ethereum news.
However, Silana will flap his fins and cry to the $SEAL song in ecstasy.
Follow the latest developments on his account
Purchase the Solana Lazier $SEAL on the official website here.