Update – The Slothana airdrop will take place on Wednesday, May 1, at 4pm UTC.
Slothana (SLOTH), a Solana-based meme coin, has raised over $15 million in pre-sale and is scheduled to drop tokens via the Solana blockchain on Monday, April 29.
The Slothana.com countdown timer now shows just over 20 hours until launch.
🚀 Hold on to your branches, O believer, Sluthana! 🌿 We’re getting ready to share some major news: the official launch date is on the horizon! ⏰ Get ready to mark your calendars and set alarms, because a countdown timer will soon be gracing our site. Leave the hype for Slothana…
— Slothana (@SlothanaCoin) April 14, 2024
What is sluthana?
The new meme coin combines the words “Sloth” and “Solana,” and aims to appeal to holders of SLERF, a sloth-themed token that, despite its initial launch issues, has been a success and has a market cap of just under $200 million today.
Pre-order for Slothana was high, raising over $15 million. He. She It uses a simplified pre-sale model that has appealed to investors. By sending SOL tokens from their cryptocurrency wallets, users can reserve SLOTH tokens at a rate of 10,000 SLOTH per SOL invested.
They then receive their tokens via airdrop after the pre-sale ends on April 29. All that’s left is to check out their decentralized wallet – Phantom, Solflare, Trust, Coinbase Wallet, etc. – and import the token to view it.
This direct approach has resonated with the community, making it easier for investors to participate in pre-sales and airdrops.
Slothana Pre-Sale Homepage – via Slothana.com
The project’s central premise revolves around a sloth character, representing individuals seeking to transition from traditional jobs into the world of cryptocurrency trading.
The goal is to turn the office lazy person, tired of the monotonous 9 to 5 routine, into a successful crypto trader through the SLOTH token. This narrative reflects the desire of many to break free from traditional business structures and embrace the dynamic and promising landscape of digital assets.
Analysts tracking Solana airdrops are noticing Solana
Slothana has been actively promoting her project through several cryptocurrency channels featuring new airdrops and presales, including 99Bitcoins, CaptainAltcoin, Cointelegraph, Cryptonomist, CryptonewsZ, CryptoPotato, CryptoSlate, and even Business Insider.
These collaborations have helped Slothana reach a wider audience and generate buzz within the cryptocurrency community.
Moreover, the project has received positive attention from influencers as well. For example, Matthew Perry, a prominent YouTuber with over 210k subscribers, referred to Slothana as a “singer” in one of his recent videos, and predicted 5x his subscriber count at launch.
Another analyst and gem hunter, Jacob Burry, forecast About Slothana’s potential growth in a YouTube video.
According to Puri, the project can see an increase in value of up to 100 times after a successful pre-sale. This YouTuber has 37k subscribers.
Conclusion
Slothana’s successful pre-sale, which raised over $15 million, is a testament to the growing interest in meme coins within the Solana ecosystem, as seen in recent months with WIF, BONK, SLERF, and BOME, among others.
While the long-term success of the project remains to be seen, the initial phase has been promising, demonstrating the team’s ability to attract significant interest and interest from investors.
As Slothana prepares for its official launch, the cryptocurrency community will be closely monitoring the project’s progress and the performance of the SLOTH token.
Update – The SLOTH airdrop will take place on Wednesday 1 May at 16:00 UTC.