Sealana, a New Solana-Based Meme Coin, Is Set to Launch on DEXs on July 2, 2024
The presale has raised over $6M. The next 24 hours is the last chance to buy Sealana at a presale price.
Sealana, a new Solana-based meme coin, is preparing for its final presale push before launching on decentralized exchanges (DEXs) on July 2, 2024.
The presale has already raised over $6M, and according to Sealana's official X account, the initial dex offering (IDO) will take place on Tuesday at 13:00 UTC.
The launch comes as VanEck and 21Shares are filing applications for a Solana ETF in the United States. While there is still time for more applications to be approved, these filings could lead to increased interest in SOL.
About Sealana
Sealana is a 'pure' meme coin with no utility, making its success entirely dependent on the community and adoption.
Unlike other meme coins that feature dogs or cats, Sealana is represented by a chubby seal that swims in the crypto oceans, choosing the Solana sea as its home.
The coin's strength is evident in the large sum raised during the presale, and investors are optimistic that Sealana will outshine its competitors.
However, it's crucial to note that meme coins are known for their extreme volatility.
Solana meme coins rally today
When the Mainnet, in this case, SOL, is rallying, tokens launched on the chain also tend to benefit.
However, the tokens that currently benefit the most are meme coins. While it is challenging to determine when this correlation will break, crypto traders are taking advantage of these explosive gains.
As Solana is recovering (up more than +4.0%), SOL-based meme coins started the week with strong gains.
According to DexScreener, Dogwifhat, the most well-known meme coin on Solana, is up +8.55% in the past 24 hours.
$DADDY, Andrew Tate's meme coin, is up +2.49%, and its market cap is over $70M.
Iggy Azalea meme coin, $MOTHER, is up +6.35% in the past 24 hours.
Smog, a dragon meme coin that centers around free airdrops for completing tasks, is up +2.99%.
When a new token becomes available for trading in DEXs or centralized exchanges (CEXs) during a bull run, past IDOs show higher odds of bullish momentum.
If you wish to take advantage of a new meme coin, Sealana may be your top choice.
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