The international crypto market quantity is down 24.64% during the last 24 hours, Bitcoin dropped 5.88% weekly, and Ethereum’s 24-hour quantity is down 20.07%.
Meme cash are additionally within the purple, with a pointy 34.44% daily drop in trading volume. This market stress may very well be brought on by Mt. Gox’s $9.6B Bitcoin switch to an unknown handle and the five-day losing streak of Bitcoin ETFs.
To climate the bearish storm, buyers are turning to altcoins and Solana ($SOL) cash which are doing effectively, like Slothana ($SLOTH). The coin is up 28.26% weekly and has a $24M market cap.
Sealana ($SEAL) is one other $SOL meme coin that’s doing effectively after elevating $4M+ throughout presale. The countdown reveals 11 days till itemizing with a token value of $0.022, so buyers can nonetheless get in early.
$SEAL would possibly comply with in $WIF’s footsteps, the place presale buyers achieved a 100x.
Let’s focus on what’s inflicting the present crypto crash and methods to take advantage of it.
Mt. Gox & $BTC ETFs Trigger Market Crash?
CoinMarketCap’s Fear & Greed Index reveals a ‘Impartial’ 55, down from the ‘Greed’ space. This downward pattern has continued for the final month, resulting in extra conservative investments.
Whereas some fluctuation is predicted, the present state of affairs is atypical, contemplating the $BTC halving is sort of two months in and $ETH ETFs ought to have uplifted the market.
Two main occasions may have prompted this:
Sealana and Solana Meme Cash as a Crypto Refuge
Whereas Solana is down 13.89% weekly, a number of $SOL meme cash have completed effectively within the final 24 hours, even in these bearish occasions:
$SEAL is one other $SOL challenge that reveals lots of promise. Nonetheless in presale, it has raised over $4M, and there’s nonetheless time to speculate.
The $SEAL token makes use of a presale system just like $SLOTH, which did a 250x for early buyers.
Its patriotic theme additionally appeals to a broad viewers, with Trump supporters showing their support. Different political cash that did effectively are $STRUMP (+352% month-to-month) and $TRUMP (+66.17% month-to-month).
$SEAL additionally accepts $BNB and $ETH, giving early buyers extra cost choices. Whereas staking isn’t a part of Sealana’s plans, DEX and CEX itemizing is.
Sealana might reach $0.030–$0.088 by the tip of 2024 (six months from now), a 300% pump from its present value of $0.022.
To buy $SEAL, open the presale web site, join your pockets to the widget, choose a sequence ($ETH, $BNB, $USDT, $SOL, or card), and enter the quantity of $SEAl you need to purchase.
💰 The Sealana presale ends in 11 days, so you’ll be able to nonetheless purchase $SEAL for $0.022/token.
Trying Forward – Can Sealana Climate the Crypto Winter?
Sealana’s presale is just like beforehand profitable $SOL cash like $SLOTH and $WIF. It has no value tier will increase and it makes use of interesting advertising and marketing to draw buyers.
In occasions of crypto panic, buyers typically discover a secure haven in meme cash, which usually ends in good efficiency for tokens with broader enchantment.
Whether or not $SEAL follows this formulation will rely upon neighborhood help and investor curiosity.
Bear in mind to DYOR and make investments responsibly, as crypto cash are unstable, and market situations change always.