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The Solana meme coin circuit is deeply entrenched within 2024’s crypto bull rally, and a new presale is vying for the center stage after raising over $2.5 million so far.
Following the blueprint by Solana sensation Book of Meme, the newly launched Sealana is set to take the market by storm.
BOME made millionaires, but Sealana has exceeded its presale success
For those interested in meme coin culture, Book of Meme is one of 2024’s most iconic cryptocurrencies.
After rising from nothingness, the presale shocked the market by becoming the fastest cryptocurrency to reach a $1 billion market cap.
Initially launching as a presale, investors had the chance to buy in before the token launched on exchanges.
The biggest BOME presale investor spent $72K, and many others made 4- and 5-figure purchases.
However, nobody was expecting the life-changing returns that followed.
While BOME began as an unassuming meme coin presale, its exchange launch ignited astronomical success. BOME exploded and became the fastest cryptocurrency to reach a $1 billion market cap.
The project also secured a Binance listing within two days of launching.
And those presale investors? Well, they made generational wealth.
Blockchain analytics account LookOnChain reported how the biggest BOME presale investor, sundayfunday.sol, turned $72K into over $30 million in just three days.
Indeed, this was not the only investor to garner absurd gains from the Book of Meme presale. The presale raised over $2 million, so it is apparent that many traders got rich from BOME.
However, with BOME market cap at a tidy $873 million today, the time to make outsized gains has passed, and traders are scouring for the next big Solana meme coin.
Enter Sealana.
Not only has Sealana outperformed Book of Meme’s presale total raise, with over $2.5 million already in the bag, but the project is being embraced for its cultural references and relatability to Solana meme coin degens.
Sealana’s South Park-esque chronicles make it unlike any other meme coin
Inspired by South Park, Sealana features a hilarious backstory and unapologetic social media content, causing a buzz among degen Solana traders.
With the Solana blockchain known as crypto’s Wild West, Sealana’s foul-mouthed antics fit right in.
Meanwhile, its website provides some background on Sealana, explaining that he is a seal who lives in his mom’s basement, trading meme coins and living off canned tuna and chips. He is pursuing meme coin riches and hopes to buy a new Lambo one day.
Solana traders live and breathe this rags-to-riches mentality, so it is no wonder that the presale is so popular.
The project’s witty narrative has also caught the eye of leading analysts, with Jacob Bury speculating it could 10x after launching on exchanges.
Adding to the excitement, the broader Solana ecosystem is gearing for a massive boost, with TradFi players set to move in.
The potential Solana ETFs is good news for Sealana
After the United States Securities and Exchange Commission (SEC) gave the green light to Ethereum spot ETFs this week, the forward-looking market immediately began speculating on the next big crypto narrative.
The launch of ETH ETFs opens the floodgates to new altcoin ETFs, and analysts from CNBC suggest that Solana could be next in line.
Market commentator Symbiote commented that Solana ecosystem plays could skyrocket as a result.
Given Sealana’s accelerating momentum, this could prove massively beneficial for the seal-themed meme coin.
But while the future looks bright for Sealana, the team has not announced a hard cap, so the presale could end anytime.
As such, potential investors should act fast to avoid missing out.
*Cryptonomist did not write the article or test the platform.
