Sealana Hits $1.5million Raised as the Meme Coin Market Hit a $55 Million Market Cap in Mid-May

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Sealana, a new seal-based meme coin that has only been in presale for a few weeks, recently started hitting major milestones. After a rocky start, the project’s presale has now blown up in earnest, closing in on $1.5 million raised only a few days after hitting the $1 million mark.

Why Is Sealana Presale Speeding Up?

Sealana has had a slow start to its presale, and it took weeks for it to hit $300k raised. The ICO then suddenly skyrocketed to $1 million, and mere days later, it is closing in on its next major goal.

One potential reason for this is that the whales may have gotten interested in the project after it hit the $1 million mark, which could be why it raised half of that amount in only a few days.

JOIN THE SEALANA PRESALE TO GET $SEAL EARLY

Another reason could be the recent meme coin mania, which started earlier this week when meme stocks and meme coins started to blow up. Traders decided that cryptos still in presale hold greater potential to bring profits than those that are currently in circulation, and, therefore, subject to high volatility.

However, Sealana has always had the attention of investors, but they experienced technical issues while trying to buy SEAL with SOL alone. The project noted this in one of its posts on X, adding that a new buying widget will now allow investors to purchase its tokens with ETH, USDT, BNB, and even credit/debit cards, in addition to SOL.

The availability of new payment methods certainly helped, and it might just be that the combination of these three factors led SEAL to blow up similar to other major successful presales seen earlier this year.

What Do You Need To Know About Sealana Before Investing?

Sealana is a fairly simple and straightforward meme coin project. It follows the philosophy of Dogecoin, the original meme coin, meaning that it doesn’t promise advanced technology or massive price boosts and the like.

Instead, it is a meme coin meant to be owned and used for fun. At the time of writing this publication, $SEAL still sells for only $0.022. 

BUY $SEAL BEFORE ITS PRICE SKYROCKETS

Interestingly, Sealana also represents the current state of the meme coin sector, being a chubby seal that has forgotten everything other than seeking new opportunities to invest in. As such, it is partially a critique of those like it, who started doing the same ever since the meme coin mania started earlier in 2024.

In other words, even though it understands the appeal, it still points out that such an obsession can be unhealthy.

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