The popular and lovable Solana meme coin Slothana ($SLOTH) has been announced to be listed on top 10 crypto exchange HTX. Trading is scheduled to begin on Monday, May 20 at 12pm UTC, with deposits currently open. HTX has 10 million users and is ranked ninth by Coinmarketcap, with a 24-hour trading volume exceeding $2 billion. Founded in 2013 by Leon Li in Beijing, HTX has a loyal following worldwide, especially in Asia. $SLOTH will be one of around 500 tokens available to trade on the site, enhancing liquidity for the SLOTH/SOL trading pair.
Following the HTX listing, more exchanges are expected to list $SLOTH, with Binance potentially next in line. The token has already appeared on Poloniex, Bitrue, and XT.com, with Bitwexc.com enabling trading earlier today. $SLOTH has a 24-hour trading volume of $12 million on decentralized exchanges, which rises to $29.5 million when combined with centralized exchanges. The market cap of $SLOTH approaching $100 million is closely monitored by exchanges to determine listing decisions, leading to more top-tier exchanges likely following HTX’s move.
The price of $SLOTH was $0.0515 before the HTX listing announcement, with the token reaching an all-time high of $0.056 during the week. The community anticipates the token to breach resistance levels and continue its upward trajectory after the listing. CoinPoker, a top crypto poker site, is offering free entry for Slothana holders to a $10,000 cash pool tournament on Sunday, further enhancing the excitement within the $SLOTH community. A burn mechanism that burns $1 million worth of $SLOTH for every 1 cent price increase is driving bullish behavior.
The $SLOTH community has more reason to celebrate as listings continue to roll in, burn events support the price, and partnership deals are on the horizon, fueled by the coin’s increasing virality and valuation surge. With various exchanges lining up to list $SLOTH, the coin’s price is expected to reach 10 cents, with a further path ahead to $1. The next steps following the HTX listing include potential listings on Binance and OKX, continuing the positive momentum for $SLOTH in the crypto market. It is crucial for investors to keep in mind the high-risk nature of investing in crypto assets, as losses are possible.
Overall, the listing of $SLOTH on HTX marks a significant milestone for the coin, offering increased liquidity and trading opportunities for investors. The community’s excitement is palpable, with additional exchange listings, burn events, and partnership deals contributing to the positive sentiment surrounding $SLOTH. The upcoming CoinPoker tournament further showcases the growing support for the meme coin. As $SLOTH continues to gain traction in the crypto market, all eyes are on its price performance and potential future developments, including further exchange listings and partnerships.
