- Sealana, a new meme coin on the Solana blockchain, has raised $500,000 in its first two weeks of presale.
- The coin follows in the footsteps of other successful Solana-based meme coins like Slothana, which raised $15 million in a one-month presale.
- Sealana is part of a new wave of meme coins on Solana, a network that is rapidly outpacing Ethereum as the go-to blockchain for launching meme coins.
Sealana, a new meme coin on the Solana blockchain, has raised $500,000 in its first two weeks of presale. The coin is part of a new wave of meme coins on Solana, a network that is rapidly outpacing Ethereum as the go-to blockchain for launching meme coins.
Sealana Joins Solana’s Meme Coin Wave
Sealana, a new meme coin on the Solana blockchain, has raised $500,000 in its first two weeks of presale. The coin, which is technically a multichain token, can be purchased on three different chains: Solana, Ethereum, and BNB. The presale price is fixed at $0.022 per token.
Following in Slothana’s Footsteps
Sealana follows in the footsteps of other successful Solana-based meme coins like Slothana, which raised $15 million in a one-month presale. Slothana recently concluded its presale and is now available on exchanges including Raydium, Poloniex, and XT.com. There are hints that the team behind Sealana may have been the architects of the infamous and wildly successful Slerf, crypto’s original sloth meme coin.
Sealana Is Part of Solana’s New Wave of Meme Coins
Sealana is part of a new wave of meme coins on Solana, a network that is rapidly outpacing Ethereum as the go-to blockchain for launching meme coins. Solana currently hosts a digital economy storing over $4 billion in total value locked (TVL) across various apps and financial services, with 1.16 million active users transacting daily and over 2,500 monthly active developers.
The Halving and ETF Effects
The crypto market is briefly consolidating before the effects of a Bitcoin software update known as “the halving” become apparent. The halving slashed mining rewards from 6.25 BTC per block to 3.125, effectively halving the issuance of new BTC. With Bitcoin setting new all-time highs this year after the US approval of spot Bitcoin investment products back in January, many analysts say crypto is set to become much more valuable, thanks to the newly depleted Bitcoin supply.
Conclusion
Sealana is part of a new wave of meme coins on Solana, a network that is rapidly outpacing Ethereum as the go-to blockchain for launching meme coins. With the effects of the Bitcoin halving and potential US approval of Ethereum ETFs on the horizon, Solana and its affiliated projects could be at the forefront of the next meme coin gold rush.
