Sealana, a brand new Solana-based meme coin, is about to launch on decentralized exchanges (DEXs) on July 2, 2024.
The presale has raised over $6M. The subsequent 24 hours is the final probability to purchase Sealana at a presale price.
In keeping with Sealana’s official X account, the preliminary dex providing (IDO) will happen on Tuesday at 13:00 UTC.
The presale was scheduled to finish on June 25, however as a consequence of excessive demand, it has been prolonged. The DEX has not been revealed, but it surely has been hinted that it could be Radiyum or Uniswap.
The launch is happening after VanEck and 21Shares filed functions for a Solana ETF in the US.
Whereas there’s nonetheless time for approval, the functions and probably others becoming a member of the race might spark a larger curiosity in SOL.
About Sealana
Sealana is taken into account a ‘pure’ meme coin. Just like among the high meme cash, it has no utility. Its success depends on the neighborhood and its adoption price.
Versus canine and cats, Sealana makes use of a chubby seal that ‘swims’ within the crypto oceans, selecting the Solana sea as its house.
Elevating over $6M demonstrates its power and traders’ confidence that the meme coin might outshine its rivals.
You will need to spotlight that meme cash are topic to excessive volatility.
Solana meme cash rally as we speak
When the Mainnet, on this case, SOL, is rallying, tokens launched on the chain additionally have a tendency to learn.
Nonetheless, the tokens that presently profit probably the most are meme cash. Whereas it’s difficult to find out when this correlation will break, crypto merchants are benefiting from these explosive positive factors.
As Solana is recovering (up greater than +4.0%), SOL-based meme cash began the week with sturdy positive factors.
supply: dexscreener
Dogwifhat, probably the most identified meme coin on Solana, is up +8.55% prior to now 24 hours.
$DADDY, Andrew Tate’s meme coin, is up +2.49%, its market cap is over $70M.
Iggy Azalea meme coin, $MOTHER, is up +6.35% prior to now 24 hours.
Smog, a dragon meme coin that facilities round free airdrops for finishing duties, is up +2.99%.
$DADDY, Andrew Tate’s meme coin, is barely up +2.49%, however its market cap is over $70M,
When a brand new token turns into out there for buying and selling in DEXs or centralized exchanges (CEXs) throughout a bull run, previous IDOs present greater odds of bullish momentum.
Should you want to reap the benefits of a brand new meme coin, Sealana could also be your best choice.