Crypto Whales Are Hoarding This Solana Meme Coin – What Does it Do?
Crypto Whales Are Hoarding This Solana Meme Coin – What Does it Cease?
A presale for Solana’s all-American hillbilly $SEAL token has attracted over $1.4 million in precisely three weeks as it leads a new wave of Solana meme coins that has caught the attention of investors worldwide.
Sealana’s predecessors, meme coins coins cherish DogWifHat ($WIF), Bonk ($BONK), Book of Meme ($BOME) and Popcat ($POPCAT), all rose to turn out to be high ten meme coins by market capitalization within a one year of start.
One other fresh viral Solana meme coin ICO – Slothana ($SLOTH) the 420-pleasant sloth – raised an seek for-watering $15 million in a fresh one-month presale.
Now it appears cherish $SEAL is determined to be Solana’s next sensation as whales push the presale in direction of $1.5 million in funding.
Who is Solana’s Recent $SEAL?
Sealana began existence as a reference to South Park’s Gamer Guy, a meme memoir identified for his unhealthy mask mask time.
Gamer Guy first appeared in South Park’s World of Warcraft episode and has since turn out to be a image of unsuitable mask mask tell, from keyboard warriors to sluggish individuals.
There are rumors that the team on the aid of it came out with this one year’s viral $SLERF meme coin.
Slerf’s start became plagued with catastrophe when the project by chance burned $10 million of tokens disbursed to early investors. After seeing Slothana rob the sloth thought and mosey on to out-elevate them, the team came relief with Sealana.
Sealana is considered one of many initiatives making a recognition for Solana because the ideal Layer 1 blockchain for launching high-quantity meme coins.
Solana currently hosts a digital economy storing over $4.5 billion in whole price locked (TVL) all the procedure by relatively a few apps and financial services, with 1.16 million active customers transacting each day and over 2,500 month-to-month active developers.
There are additionally some potentially market-transferring events that may per chance per chance add billions to Solana all the procedure by all its initiatives.
Solana’s 2024 Would maybe well Catch Bullish.
If analysts are apt, then $SEAL and relatively a few Solana meme coins may per chance per chance entice some feverish speculation in the impending one year when the economic effects of a Bitcoin tool update identified as “the halving” kicks in.
That’s since the halving slashed mining rewards from 6.25 BTC per block to a pair.125, successfully halving the rate at which miners sell new BTC onto the open market.
Now, with Bitcoin atmosphere new all-time highs this one year after the US approval of station Bitcoin investment merchandise relief in January, observers articulate crypto will turn out to be much more treasured, due to the the bottlenecked new provide colliding with increased seek recordsdata from.
Y’all hear up!📢
When #Sealana acknowledged “MAKE AMERICA GREAT AGAIN”, he supposed we gotta salvage buildin’ that god darn wall! 🧱🇺🇸
Creatin’ a land of prosperity the keep all American $SEALS can shoot weapons🔫, drink power🛻, and leave the trailer park on the aid of!🏚️🚀
Join the #Presale, fetch some… pic.twitter.com/GldZlorvvB— Sealana (@Sealana_Token) Would maybe well 17, 2024
The past three halvings added essential price to the market correctly within a one year of the update.
Extra market-broad bull runs may per chance per chance quick additional meme coin gold rushes later this one year.
This time, Solana tokens will almost definitely be main the rallies, sooner than their ERC-20 counterparts.
The skill US approval of Ethereum ETFs on Thursday next week may per chance per chance additionally be a boon for Solana meme coins cherish $SEAL.
Builders on Solana mainly boast their network is the #1 “Ethereum-killer” and so its tokens mainly react bullishly to certain Ethereum news.
In spite of every thing, Sealana will almost definitely be flapping his fins in happiness.
Notice essentially the most stylish tendencies on his X account.
Buy Solana’s laziest $SEAL on the loyal website online here.
Disclaimer: Crypto is a high-risk asset class. This article is equipped for informational applications and would now not represent investment advice. That you simply can well lose all of your capital.
Source : cryptonews.com
