Slothana Rallies 200% Amid CoinPoker Promotion and New CEX Listings

Published: 2024-05-16 13:13:14 |

Slothana ($SLOTH), a meme coin on the Solana blockchain, has experienced significant growth, rising nearly 200% over the past week. Factors contributing to this surge include new exchange listings and a poker night promotion with CoinPoker. Initially raising over $15 million in its presale, Slothana’s price surged from a local bottom of $0.0062 to a new all-time high of $0.055. The coin is currently trading at $0.043, up 20% in the daily time frame. The token has gained visibility on platforms like CoinMarketCap, CoinGecko, and DEXScreener, and its liquidity is locked with Streamflow Finance. Additionally, 5 million $SLOTH tokens have been burned, with more burn events planned. The meme coin is now listed on central exchanges like Poloniex and Bitrue and is eyeing more major exchange listings. Slothana also aims to boost brand awareness through a $10,000 poker event for its community, organized by CoinPoker on May 19th.

Bullish

Slothana’s significant price increase, new exchange listings, and high-profile promotional events are strong bullish indicators. Similar to past events, such rapid growth and increased visibility often lead to heightened investor interest and trading volume, suggesting a positive short-term and potentially long-term market impact.