Project Slothana (SLOTH): A Solana altcoin to check out
A new meme coin based on the Solana blockchain called Slothana (SLOTH) has had a great start since its recent launch. The sloth-inspired meme has risen 550% since its launch on May 1, and its market cap is currently approaching $100 million.
Slothana aims to replace its predecessor, Slerf (SLERF), the sloth-inspired meme coin, which at one point had a market capitalization of $500 million.
But Slerf has since fallen to $145 million, so Slothana may soon become the biggest sloth-themed meme.
As the risk appetite for investing in meme coins returns, Slothana could become a multi-billion dollar coin; It could also become the next GameStop (GME) stock.
