New meme coins appear to have just as much hype as Bitcoin in 2024. The stories of small-scale investors turning into millionaires with a new meme coin are all too common in this bull market.
Just today, data from Lookonchain reveals that a trader turned a little over $8000 into $1.2 million, earning a stunning 144x return on investment.
All eyes are now on Sealana ($SEAL) the latest Solana meme coin that is being tipped by experts as potentially the best crypto to buy now.
Sealana records notable performance in presale
The Sealana meme coin is still in its presale phase. However, this has not stopped the new token from impressing traders with its price potential. $SEAL has already raised close to $300k in its ICO in less than a week, capitalising on the insatiable demand for new Solana meme tokens.
The demand for Sealana is not surprising. Crypto whales and smart-money traders love to invest in meme coins that can make them laugh.
<blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>New investment thesis:<br><br>If it makes me laugh, I’m buying.</p>— pixel (@spacepixel) <a href=”https://twitter.com/spacepixel/status/1717106444846391445?ref_src=twsrc%5Etfw”>October 25, 2023</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″>
Sealana is crypto’s favourite redneck seal that has only one mission – finding the next big Solana meme coin. He will complete this mission at all costs, even if he has to live in his mom’s basement and eat a trader’s diet of chips and tinned tuna. This hilarious portrayal of the Sealana mascot – a light-hearted satire on the stereotypical crypto trader – has caught the attention of meme coin enthusiasts. As a result, the $SEAL presale could see even higher demand in the coming weeks.
Crypto influencers are bullish on $SEAL – Next 10x meme coin?
The Solana meme coin pump is far from over. Indeed, Sol meme tokens remain strongly correlated with the Solana price. For instance, analysts have highlighted how Dogwifhat has essentially acted as a 4x leveraged bet on Sol.
This is a trend for meme coin investors. Solana is still trading 40% below its previous all-time high and could potentially trade as high as $1000 during this bull run.
This creates the ideal backdrop for SOL meme coins to dominate the bull market and deliver outsized returns. A number of Solana meme tokens can display 10x to 100x growth this year, and experts believe Sealana is one of them.
Popular YouTuber ClayBro said as much in a recent video. Backing $SEAL to be the “latest Solana meme coin set to rally”, he believes that the token could see a 10x surge after its launch.
Another trading expert Jacob Bury also projects 10x returns, signalling that Sealana could potentially be the best crypto to buy now.
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Surprisingly, 10x is a conservative projection when compared to other experts. Popular YouTube channel 99Bitcoins, which has over 700k subscribers, included Sealana in his list of “top 3 meme coins” with 100x price potential.
How to buy Sealana?
As previously mentioned, Sealana is still in its presale and is available at a discounted price to interested buyers.
According to the presale website, 1 Solana token will net 6900 $SEAL for the entire duration of the ICO. Interested buyers simply need to send $SOL to the project wallet. The wallet address is DJ15ZYXqUNMYJ3hL7z4ciSaSFAw5cbos3YjGpdvwmF6c.
This new presale model simplifies the process for buyers. They don’t even need to claim their holdings. Instead, they will receive $SEAL tokens directly to their wallets as an airdrop.
Alternatively, investors can head to the Sealana website and use the over-the-counter widget to invest. They will need either Phantom or Solflare wallet to swap $SOL tokens in exchange for $SEAL.
Buyers are also advised to follow Sealana on its X and Telegram accounts for the latest updates. For instance, the presale does not have a fixed hard cap and could end with very short notice. Investors who are not updated could easily miss out on this opportunity to buy the meme coin early.
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