SOL, the cryptocurrency of the Solana blockchain, which is known as the Ethereum killer, excites with its performance over the past year. According to CoinMarketCap data, SOL, which has increased by around 779% in the last year, is trading at $180 as of the time of writing this article.
Solana investors are eagerly awaiting the days when SOL will reach $500. With the overall recovery in the cryptocurrency market, Bitcoin hitting a new ATH, and especially the momentum in SOL, investors believe that it is possible to see the $500 level before the end of 2024.
Although the $500 target for SOL, which rose to $260 with the ATH in 2021, may be possible, analysts believe that reaching this target will take time. In addition, the improvements made in the blockchain, the introduction of innovative features and improvements, support the Solana network and therefore the SOL token.
According to price predictions from well-known platforms, such as Changelly, it is thought that the $500 target for SOL will be possible in May. It is expected that the cryptocurrency SOL of the Solana network will reach the $500 level at the beginning of May. With less than 30 days left in May, it is a matter of curiosity whether SOL will reach these levels.
Lately, the Solana network has been getting attention not only for the performance of SOL, but also for the projects on the blockchain. Solana, which offers an advantageous space for both project developers and investors in response to the high gas fees on the Ethereum network, is also hosting many meme coins due to the ongoing meme coin craze.
The number of meme coin projects in the Solana ecosystem is increasing day by day. Some names stand out among the Solana-based meme coins that offer the possibility of earning income in the short term for investors. Slothana, targeting office slackers, and Smog, a dragon-themed meme coin, are among the top meme coin projects on the Solana network.
Slothana Coin Surpasses $10 Million
Charitable initiatives are prominent among the meme coin projects we have seen most recently. Slothana coin, which takes examples from fast-profit projects such as SLERF and BOME, is attracting the attention of investors.
Unlike traditional presale events, the project does not have a gradual price increase policy and instead raises funds on a donation basis. Investors who want to buy Slothana coin before its listing on exchanges can secure their place in the presale by sending SOL to the crypto address specified on the project’s page.
After sending SOL, participants receive 10,000 SLOTH coins. After sending SOL, the only thing participants need to do is to wait for the airdrop distribution. The ongoing presale, which has exceeded $10 million in funds, is continuing at full speed.
The project team emphasizes the need for SOL to be sent through a decentralized wallet. Potential investors find opportunities to purchase Slothana coin in any amount using a crypto wallet like Phantom.
The X account and crypto community of the project, which entered the crypto arena in early March, are growing rapidly. With an official X account with more than 13,000 followers, participants can get information about the progress of the project.
The Slothana team invites those tired of 9-5 work, looking for a Solana-based meme coin, and seeking to earn quick money to join the presale.
SMOG Token Listed on MEXC
SMOG, another cryptocurrency based on Solana and a dragon-themed meme coin, is receiving applause with the MEXC listing. The project, which organized the biggest airdrop event in the Solana network, continues to be listed on leading exchanges.
Smog token, which was initially listed on Jupiter DEX and came out rallying as soon as it was launched, can now be purchased through the MEXC exchange. SMOG, which has increased by more than 247% from the beginning of its entry into the crypto world until now, is increasing both trust and the profit it provides with the new listings.
The project team not only organizes the largest SOL airdrop to encourage the SMOG community but also continues to offer discounts to investors who make purchases from the project page. Investors, who prefer the project page instead of exchanges to buy SMOG tokens, pay 10% less when purchasing SMOG tokens.
According to CoinMarketCap data, the market value of SMOG token exceeds $132 million. With a market volume of around $900,000 in the last 24-hour period, SMOG token is trading at $0.1706 as of the time of writing this article.
Investors who want to buy SMOG tokens at discounted prices can participate in the project using ETH, USDT, or card transactions through the project page. Investors can also take advantage of the staking mechanism that offers the opportunity to earn passive income.
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