Bittime - Slothana ($SLOTH), the new meme coin from the Solana network has successfully closed its presale with funds raised of $15 million or around IDR 243,825,000,000.
Slothana will also carry out an airdrop in less than 24 hours.
What is Slothana (SLOTH)?
Slothana ($SLOTH) is a new memecoin developed on the Solana blockchain. Previously, the Slothana developer had opened a presale of SLOTH tokens before being released to crypto exchanges.
Slothana has a unique concept, namely combining the concepts of Sloth (lazy sloth) and Solana, as an homage to sloth-themed meme coins such as Slerf.
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Slothana Airdrop
This airdrop is expected to be the next step for the SLOTH token to dominate the meme coin market which is currently dominated by various dog images. Presale participants were promised to be “blessed” with their $SLOTH tokens within a specified time.
Also Read: Slothana Raises $15M VS Shiba Inu Raises $12M: Which Meme Coin Is Promising?
The Slothana team urges SLOTH supporters to be patient as the airdrop process progresses, asserting that “project custodians are working at the laziest pace to ensure everyone receives their tokens on time.”
Given the limited information regarding the project, it's important to highlight how Slothana has quickly become one of the top launches of the year.
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Slothana Presale: $15 Million Raised In A Month
The Slothana presale which lasted for a month has ended with success in raising funds amounting to $15 million or around IDR 243 billion.
The presale's success was driven by perfect timing amid growing interest in meme coins that offer a different humor than Dogecoin which is currently vying for supremacy in the sector.
Also Read: Why is Bitcoin Price Dropping? This is the Cause!
Slothana begins by showing its loyalty to cannabis users around the world, from the 4:20 clock symbol to the misty red eye.
With typical cannabis geek humor, Slothana, a sloth, highlights the potential of a more diverse meme coin sector, beyond dog-themed coins such as Dogecoin, Shiba Inu, Bonk, DogWifHat and Floki.
After April 20, an international holiday of marijuana addicts and Dogecoin celebration day, Slothana's presale revenue increased sharply from $10 million to $15 million.
Conclusion
This year's crypto market was heavily influenced by post-halving and ETF news, there were two other price-moving events that made Slothana holders optimistic about the SLOTH token rally post-launch.
Even though the $SLOTH presale phase has closed, there are still plenty of opportunities to get on board with this promising new meme coin after the airdrop.
The Slothana community is increasing as time goes by, especially after the presale ends. Slothana is predicted to be a strong candidate for the leading memecoin on the Solana network.
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How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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