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Crypto Whales Accumulate New Solana Meme Coin Before it Lists on Exchanges – 1,000x Potential?
Joel Frank
Last updated:
May 21, 2024 11:25 EDT | 2 min read
As crypto markets pump on Ethereum ETF optimism, traders are hunting for the best high-beta plays to make quick gains.
Sure, Solana (SOL) could soon retest March highs above $210 in wake of its recent breakout above $160 resistance.
Traders may be tempted to turn to familiar names in the Solana eco. Names like dogwifhat (WIF), or Bonk (BONK), or Slerf (SLERF).
These meme coins could do very well. But their already large market caps limit upside potential to maybe 10x at the most.
Traders hunting larger gains will need to find smaller, lesser-known, or newer meme coins.
It’s no surprise then that exciting new Solana meme coin Sealana (SEAL) has been making a splash.
Is Sealana (SEAL) The Best New Solana Meme Coin?
South Park-themed Seal cartoon character Sealana has been making waves in meme coin trading circles since launching its presale.
The fun new Solana meme coin features an overweight, Solana meme coin trading degen seal called Sealana.
The lovable seal has already attracted over $2.2 million in funds from eager investors.
Notably, whales have been stacking SEAL. Solana wallet ABgFDD scooped up 27 SOL worth of SEAL around 10 hours ago (worth around $5,000), as per Solscan.io.
Cvw2vR, meanwhile, bagged 20 SOL worth of SEAL around 18 hours ago, as per Solscan.io.
Whale interest is no surprise given the strong engagement Sealana has been getting across socials.
Sealana has already garnered close to 5,000 X followers, as well as close to 5,000 on Telegram.
Sealana’s savvy marketing and presale success is reminiscent of the recently launched Solana meme coin Slothana (SLOTH).
Slothana raised over $15 million in presale but subsequently pumped to a market cap of over $100 million, as per DEXTools.
SLOTH also just launched on top 10 crypto exchange HTX. This could open the door to a new push higher in its price, as new retail investors flood in.
Amid rumors that the Slothana and Sealana teams are related, traders will be hoping SEAL matches SLOTH’s success.
If Sealana can quickly secure exchange listings post-launch like SLOTH, it could easily be the best new Solana meme coin to buy right now.
Investors can bag their SEAL by connecting their web3 wallet on Sealana’s official website with SOL, ETH, USDT or USDC. Sealana is also available for purchase via card.
Buy Sealana Here
Follow Us on Google News Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.