The listing of SLOTH coin on the HTX platform comes after its listing on the Poloniex, Bitrue, and XT.com platforms, and it is scheduled to be listed later on more trading platforms. For example, it was listed last week on the Bitwexc.com platform.
The daily trading volume of the SLOTH coin on decentralized trading platforms reached $12 million, and when adding its trading volume on centralized platforms, this number rises to $29.5 million, with millions of additional dollars expected to flow on Monday.
It is worth noting that the major trading platforms consider the currency to have a market value of $100 million as a key factor for its listing, and therefore more trading platforms may list the SLOTH coin after the HTX platform.
On the other hand, competition is fierce between trading platforms for a share of the value of trading fees for the popular meme currency sector, which is characterized by high trading volume. The market capitalization of SLOTH coin was approximately $100 million before the recent announcement, and after its listing on HTX was confirmed, the attention of market participants is turning to other major platforms that will follow in its footsteps, such as Binance and OKX.
The next stop for SLOTH price is 10 cents and then march towards $1
The price of the SLOTH coin reached $0.0515 before the announcement of its listing on the HTX platform, confirming the rumors that had spread about it. This week, the coin reached its highest levels ever at $0.056, and it appears that it may be able to overcome the resistance near this level and rise above it. The listing is expected to take place on Monday, and is the first in a series of news developments related to the coin being listed on more trading platforms.
