Slothana (SLOTH), a popular meme coin that started its presale roughly a month ago, finally concluded the ICO in the final days of April. Yesterday, May 1, the tokens were airdropped to investors who participated in the event, only for it to go live and emerge on several platforms today, May 2.
Where to Buy SLOTH?
In a recent post on X, Slothana announced that its token SLOTH is still being airdropped. Major early participants in the presale were the first to receive their meme coins, while others will receive their share soon enough.
https://twitter.com/SlothanaCoin/status/1785690236812394825
In the meantime, the project also added liquidity to Raydium, one of Solana’s prominent decentralized exchanges (DEXes). According to the same announcement, trading will commence at 3 p.m. UTC.
BUY 10,000 $SLOTH WITH ONLY 1 SOL
Finally, Slothana stated that it is starting the process of verifying the SLOTH token with several crypto platforms, including DEXTools, DEXScreener, and CoinMarketCap, with listings expected to follow shortly.
https://twitter.com/SlothanaCoin/status/1785680977471156413
Since this announcement, the token has already arrived on DEXTools, where it is now available.
https://twitter.com/SlothanaCoin/status/1785683087310909769
DEXTools data shows that Slothana (SLOTH) has a market cap of $24.55 million, with $2.64 million in liquidity. It also features over 37.6k holders, with $10.83 million in the last 24 hours.
At the time of writing, SLOTH is also listed on DEXScreener, but for the time being, it has yet to be verified and listed on CoinMarketCap.
SLOTH’s Performance Post-Launch
The token’s price started strong, skyrocketing from $0.01216 to around $0.0234, only for its price to see a massive dip to $0.0082 — deep below the launch price. The drop likely came for two reasons.
The first might be the fact that many buyers likely took profit after the initial launch, especially as the price skyrocketed by nearly 100%. The second could be the bearish market, which pushed even Bitcoin’s price down to $57k. This was the first time BTC dropped below $60,000 per coin since February of this year, which is a testament to the strength of the selling pressure.
PURCHASE $SLOTH USING PHANTOM WALLET
However, the token has already recovered and is currently back at its launch price, awaiting the opportunity to surge back up.
Intending investors who want to purchase $SLOTH can do so on the Bird Eye DEX as well.
After all, the number of token holders shows there is demand for it, not to mention that it had one of the most successful presales in 2024, which allowed it to raise over $15 million in a single month.
