What knowledge do large cryptocurrency investors possess as they gather up this new Solana-based meme coin before it is officially listed on an exchange?

Slothana (SLOTH) is a new cryptocurrency on the Solana network that has caught the attention of meme coin enthusiasts. With the upcoming halving of Bitcoin and international stoner day on April 20, investors are excited about its potential. In just three weeks, the $SLOTH ICO has already raised an impressive $10 million. This success follows the trend of other meme coins on Solana such as Slerf, DogWifHat, and Bonk, which have performed better than top coins like Bitcoin and Ethereum in recent market rallies. Solana’s fast blockchain has even challenged Ethereum’s dominance in the meme coin sector. Despite its image of laziness, Slothana is ambitious and has its sights set on reaching a $420 million market cap after 4:20. While this may take some time, upcoming events like Bitcoin’s halving and the SEC’s decision on Ethereum NFTs are expected to drive the market, with Solana potentially surpassing Ethereum. There are rumors that Slothana comes from the same team behind Smog ($SMOG), which saw significant growth after its presale and listing. The exact launch dates for Slothana are not yet confirmed, but interested investors can join the presale by sending SOL to a specified address or using the contribution widget on the Slothana website. However, it’s important to be aware of the high risks associated with investing in cryptocurrencies. This article is for informational purposes only and should not be considered investment advice.