The Slothana price soared 24% in the last 24 hours to trade at $0.05018 as of 02:38 a.m. EST to hit a new all-time high on trading volume that rose 28% to $19.4 million.
SLOTH’s price action represents a 222% surge since its launch, which comes as the token gears up for its listing on the top 10 crypto exchange HTX. Trading will begin today at 12 p.m. UTC, with deposits already open.
🚀 Big news for all you loyal $SLOTH supporters! 🦥🔥$SLOTH has crawled its way onto @HTX_Global, a top 10 crypto exchange! 🎉 Trading starts Monday, May 20th at 12pm UTC. Get ready for Lambos and fat stacks! 🚗💰
Sign up here https://t.co/t6OffQBaX0 and get ready for launch… pic.twitter.com/CN4em5x5q3
— Slothana (@SlothanaCoin) May 17, 2024
Slothana Price Set To Soar Over The Consolidation Channel
SLOTHUSD Chart Analysis Source: GeckoTerminal.com
Shortly after its launch, the Slothana price underwent a slight correction, likely due to early investors selling. GeckoTerminal data shows that SLOTH found support at $0.00660, allowing the bulls to push it through a markup phase to the $0.055 resistance level.
The latest price movements indicate that SLOTH has been trading within a consolidation channel. The bulls are aiming to gain control of the price.
Moreover, the coin continued to trade well above its major short-term moving averages, the 50-day and 200-day Simple Moving Averages (SMAs), which have acted as support.
SLOTH’s price also shows the Relative Strength Index (RSI) trading above the 50-midline at 62, indicating that buyers currently have the upper hand in influencing market movement.
Additionally, a bullish crossover in the Moving Average Convergence Divergence (MACD) suggests that the bulls have sufficient momentum to drive a higher rally.
Slothana Price Prediction
Technical analysis of the Slothana price indicates that the $0.030 level will likely provide strong support, potentially prompting a breakout above the consolidation channel as the bulls target $0.10.
However, if the bears take control, they could force SLOTH into a price correction, breaching the channel’s lower boundary at $0.042. This level coincides with the 200-day SMA.
As the SLOTH price aims to set new ATHs, some investors are diversifying their portfolios with Sealana, a Solana meme coin that analysts say may be the next meme coin on the blockchain to explode.
According to Crypto Boy, a crypto analyst on YouTube with almost 40K subscribers, $SEAL has the potential to soar 100X after its launch.
Sealana Presale Blasts Past $2 Million – Best Solana Meme Coin Alternative?
The Solana meme coin frenzy is not letting up and new presale star Sealana (SEAL) has just roared past $2 million in funds raised.
New Meme Crypto ‘Sealana’ Attracts Whales As Solana Price Recovers.
#SolanaMemecoin pic.twitter.com/zqP73U7Mk3
— TechStory (@TechStoryin) May 5, 2024
Sealana is based on a charming, chubby seal character, who has dived into the “Solana Sea.” The Seal, once sleek and agile, spends endless hours in front of his computer and slowly grows bigger as he adopts a sedentary trader’s lifestyle.
The project is following in the footsteps of the Slothana presale. Like Slothana, Sealana is also a “Send Sol” project that has no timer, stages, hard cap, or even a whitepaper. This means that the ICO could end at any time, making now the best time to buy.
#Sealana, making #Memecoins great again! 🇺🇸
Manifesto
1⃣ No Frogs 🐸
2⃣ Less Hats 🧢
3⃣ Many Whales 🐳
4⃣ Zero Rugs 📉
5⃣ More $SEAL 🦭 pic.twitter.com/FEImgpWxWz
— Sealana (@Sealana_Token) May 7, 2024
To participate in the presale, you can visit the official website to buy SEAL tokens here. One $SEAL costs $0.022.
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