The post Solana Meme Coin Presale Trend Continues as Slothana Reaches $1M appeared first on Coinpedia Fintech News
Solana remains a hotbed for meme coins – and presale phases are emerging as the go-to launch strategy.
Speculative buyers are flocking to these early investment opportunities in the hope of riding the next viral meme coin to the moon.
Slothana (SLOTH) is the latest project to tap into this trend, and it’s clearly striking a chord with investors, having just passed $1 million in presale fundraising.
Solana Meme Coin Mania as TVL & Active Addresses Soar
The Solana meme coin ecosystem has been on a tear in recent months thanks to the blockchain’s low fees and high throughput.
This surge in activity has pushed Solana to new heights, with the network now rivalling Ethereum as the go-to destination for meme coin projects.
The numbers speak for themselves – Solana’s total value locked (TVL) recently passed $4.5 billion for the first time in nearly two y
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