SLERF

Arthur

As the cryptocurrency market continues to evolve, newly launched tokens have also gained massive popularity, thanks to praise and investment-related posts by prominent traders and analysts. Recently, on March 18, 2024, Slerf (SLERF), a sloth-themed Solana-based meme token, experienced a surge in popularity following its launch. Arthur Hayes’s recent meme investment? 
On March 21, 2024, former CEO and prominent trader Arthur Hayes made a post on X (previously Twitter) highlighting his excitement about investing in the SLERF token. In addition to expressing excitement, the post on X also indicates that Hayes is confident in SLERF and expects it to bring significant returns.
Fuck you JAYPOW. I got
However, this post by Hayes regarding his investment is not the first; we have seen several other investment-related posts by Hayes on X. These include mentions of Solana-based BONK and <a href="https://news.todayq.com/wif-price-jumps-50-arthur-hayes-suggest-it-will-hit-10/" rel="noopener noreferrer nofollow">dogwifhat (WIF)</a>. Multiple times, Hayes has shared his thoughts and expectations regarding meme tokens like BONK and WIF.
Additionally, this time, Hayes picked another Solana-based meme token, SLERF, indicating that besides making significant bets on WIF, he is now wagering on this meme coin. Besides Hayes, on March 19, 2024, another crypto analyst,Andrew Kang, made a post on X, highlighting that a “new king is born”. SLERF price-performance analysis 
Despite today’s bullish market sentiment and impressive performance by top cryptocurrencies like Bitcoin, Ethereum, Solana, and others, SLERF is currently trading near $0.75, experiencing a price fall of over 12% in the last 24 hours. However, since its launch, SLERF has seen a price surge of over 15%. Following all these posts by prominent traders and analysts, there is a possibility that SLERF token may soar in the coming days.
Currently, the overall crypto-meme sector is up by more than 3%, with the world’s biggest meme coin DOGE experiencing a massive price surge of over 14%. The third largest meme coin PEPE also saw a price surge of over 16%, while FLOKI experienced a surge of over 40% in the last 24 hours.
Following these developments, when the SLERF token was issued on March 18, 2024, it reached over $2.7 billion in trading volume within 24 hours. This was generated from 800,000 trades made by 130,000 different traders, according to data from DEXScreener.

Is SLERF next big thing in meme? Arthur Hayes makes bet

Todayq News

Other articles published on Mar 21, 2024

Bitcoin Faces Market Correction and Price Fluctuations

After ‘Massive Bounce’ From Bitcoin, Crypto Analyst Breaks Down Two Rebounding Altcoins

Crypto market losses $400 billion – Where do we go from here?

Robinhood Launches Crypto Wallet for Android Users

Bitcoin Faces Potential Downturn As Profits Are Taken, Glassnode Data Shows

ERC-20 Allowance Risks Explained: Simple Steps to Safeguard Your Wallet

Join our free newsletter for daily crypto updates!