The Solana meme coin Slothana ($SLOTH) has recently announced that it will be listed on the top 10 crypto exchange HTX. Trading is scheduled to begin on Monday at 12pm UTC, with deposits currently open. HTX has a large user base of 10 million and is ranked ninth by Coinmarketcap. Founded in 2013 by Leon Li in Beijing, China, HTX has gained a loyal following worldwide, especially in Asia. South Korea, in particular, has seen significant trading activity on the exchange, contributing to the bullish movement in crypto prices this year.
After the listing on HTX, Slothana is set to be available for trading on approximately 500 tokens on the exchange, adding to the liquidity of the SLOTH/SOL trading pair. This listing follows previous appearances on exchanges such as Poloniex, Bitrue, and XT.com. Furthermore, the Bitwexc.com exchange has also enabled trading of $SLOTH, with a significant trading volume observed on both centralized and decentralized exchanges. The $100 million market cap level is a key factor in the decision-making process for exchanges when determining whether to list a coin, indicating that more top-tier exchanges are likely to follow HTX’s move.
The price of $SLOTH was at $0.0515 before news of the HTX listing broke, confirming earlier rumors. The token had recently reached an all-time high of $0.056 and is now poised to surpass resistance levels around that price point. The listing on HTX is expected to be the first in a series of exchange listings news developments. Additionally, the unique burn mechanism in place for $SLOTH involves burning $1 million worth of tokens for every 1 cent increase in price, further supporting bullish behavior in the market.
In addition to the exchange listings and price movements, Slothana has also teamed up with top crypto poker site CoinPoker to offer a $10,000 cash prize pool tournament with free entry for $SLOTH holders. The tournament is scheduled to start on Sunday 19th May, providing further excitement for the Slothana community. As the coin’s virality increases alongside its valuation, more partnership deals and events are expected to drive the coin’s popularity and market activity. Overall, the Slothana community has much to look forward to with the recent developments surrounding the coin.
It remains essential to note that crypto is a high-risk asset class, and individuals should exercise caution when investing in these volatile markets. This article is provided for informational purposes only and does not constitute investment advice. Potential investors in the cryptocurrency space should conduct thorough research and consider the risks involved before making any financial decisions. As Slothana continues to make waves in the crypto world with its exchange listings and partnerships, the community can expect further growth and exciting developments in the near future.
