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Crypto Analysts Loading Up on This $0.022 Solana Gem – Could It Explode?

Tim Hakki
Last updated: | 2 min read

Meme coin degens are all gossiping about Solana’s new all-American hillbilly Sealana ($SEAL) presale.

The ICO has swallowed over $5 million in its second month as it spearheads a new wave of Solana meme coins that has investors worldwide anticipating potentially explosive returns.

However, only five days remain until the presale ends, according to the countdown on the presale’s official website.

Sealana’s predecessors – recent meme coins also launched on Solana such as DogWifHat ($WIF), Bonk ($BONK), Book of Meme ($BOME) and Popcat ($POPCAT) – all quickly rose to become top ten by market capitalization within a year of launch.

Another recent viral Solana meme coin ICO – Slothana ($SLOTH) the 420-friendly sloth – raised an eye-watering $15 million in a recent one-month crypto presale.

But dogs and sloths are well-traveled roads in crypto. Now it’s time to meet the aquatic hillbilly $SEAL.

Sealana is Gamer Guy in Web3

Sealana began life as a reference to South Park’s Gamer Guy, a meme legend known for his unhealthy screen time.

Gamer Guy first appeared in South Park’s World of Warcraft episode and has since become a symbol of excessive screen use, from keyboard warriors to couch (or desk) potatoes.

With its high-volume presale, Sealana is one of the projects making a reputation for Solana as the best Layer 1 blockchain for launching high-volume meme coins.

Solana currently hosts a digital economy storing over $4.13 billion in total value locked (TVL) across various apps and financial services, with 1.6 million active users transacting daily and over 2,500 monthly active developers.

And there are rumors of a potentially major market-moving event to come: spot Solana ETFs.

Solana is Looking Bullish

The recent US approval of Ethereum ETFs, which followed the approval of Bitcoin ETFs back in January, could be followed by Solana ETFs. If so, the regulated investment products will be a boon for meme coins like $SEAL.

Recent rumors in the cryptoverse hint that the world’s biggest asset manager, BlackRock, which currently stewards just over $10 trillion in assets-under-management (AUM), is applying for a spot Solana ETF.

Should BlackRock’s application pass, the fifth-biggest cryptocurrency will follow Bitcoin and Ethereum as the third crypto asset to make inroads in traditional financial markets.

However, the road there won’t be without challenges, as the US SEC currently considers $SOL a security, unlike the other two.

Still, BlackRock’s potential backing could be gigantic news for the whole Solana ecosystem.

Significantly, Bitcoin’s ETF approval rallied the world’s favorite cryptocurrency to an all-time high of $73,737.94 back on March 14 this year.

To date, BlackRock’s $21.4 billion spot Bitcoin ETF is the largest.

If BlackRock decides to go all in on Solana, Sealana will be fattening his blubber with greenbacks in no time.

And when the $63 billion market cap $SOL bloats even bigger, Sealana will finally be rolling out of mom’s basement. Indeed, he’s salivating at his chance to Make Meme Coins Great Again.

Five Days Remain Until Solana’s Sealana ($SEAL) Presale Concludes

While he originated on Solana, Sealana is now technically a multi-chain token. He also exists on Ethereum and BNB chain and investors can buy $SEAL with their native tokens, alongside $SOL (obviously) and Ethereum stablecoin Tether ($USDT).w

The Sealana presale concludes at 6PM on June 25 and the airdrop is two days later.

That means this could be the last opportunity to get in early before post-listing appreciation potentially blows it sky-high.

Sealana is an active redneck over on his X account.

Join the Sealana presale on the official website here.

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.