|
|
The sensational new project Slothana ($SLOTH) has added a countdown timer to its website, ticking down to the end of the project's ICO phase on April 29, leaving Slothana fans only 13 days to participate in the presale.
This issuance will take place following another milestone date for Slothana: Bitcoin's fourth quadrennial halving and International Paralyzers Day will both occur on April 20.
According to the project's official website, the ICO has been running for three weeks and has already raised over $10 million.
At the end of the countdown, an airdrop date will be announced. However, the team is keeping this and other details under wraps, hoping to spark some potential explosive buying activity in the coming weeks.
If you're confused by all this, it's actually quite simple; it's all about timing.
Connection to Slothana on April 20
Both Bitcoin's halving and International Paralyzers Day happen to coincide with the presale activity of Slothana on the same day: April 20, making it an important event for Slothana, meme coins, and cryptocurrency enthusiasts.
First, a brief glance at Slothana's official website tells readers everything they need to know about the symbolic significance of 4/20. From the clock on the wall to his bloodshot eyes and contented smile, Slothana exudes that vibe.
April 20 is also designated as Doge Day by the Dogecoin community (calling themselves the "Doge Army"). This means that meme coins overall, especially those related to dogs and paralyzers, will be hot novelty purchases of the day.
In addition to the countercultural narrative, April 20 is the day when Bitcoin's code will halve BTC mining rewards, an event known as the halving.
Analysts hope that the halving event, which historically has always led to a bull market within the market cycle, implies potential benefits for authoritative tokens, even interesting tokens like Slothana and Dogecoin, as Bitcoin's price is expected to rise due to the bottleneck in its supply.
Connection between Slothana and Solana
Furthermore, Slothana's native network Solana is becoming increasingly popular as its ecosystem expands.
In recent months, Solana meme coins such as Slerf, DogWifHat, and Bonk have seen significant gains on good days, far outperforming their Ethereum counterparts. These recent successes have laid the foundation for Slothana's own $10 million presale, as investors panic about the network's next viral meme.
A series of recent interruptions has also negatively affected Solana's price and motivated a rebound in the network.
On Monday, Solana developers announced a mainnet testnet update aimed at addressing network congestion issues. This could lay the groundwork for a revival of Solana meme coins post-halving/4/20. |
|
Post time 21-4-2024 21:39:21