Bitcoin suffered yet another tumble, losing roughly 10% over the past week. Despite these volatile price movements, Santiment’s latest analysis reveals that key stakeholders aren’t budging on their BTC holdings.

While looming concerns and FUD spreading within trading circles as the April 19th halving approaches exist, it is also important to note that certain whale groups have demonstrated significant confidence in Bitcoin’s long-term potential.

Bitcoin Investors Hold Steady

The accumulation trend is evident by the data suggesting that wallets holding between 100 to 1,000 BTC purchased 43,489 coins, equivalent to $2.75 billion since March 1st.

A similar pattern was seen across wallets with holdings ranging from 1,000 to 10,000 BTC, which amassed 80,544 coins, totaling $5.1 billion during the same period. Wallets holding between 10,000 to 100,000 BTC also accumulated 91,732 coins, worth around $5.8 billion.

This data compiled by the crypto analytic platform essentially suggests that despite short-term market turbulence, large-scale investors remain committed to Bitcoin, indicating a strong underlying bullish sentiment towards the world’s largest cryptocurrency.

Experts believe that the market is currently in an uptrend. As such, the accumulation stage is expected to continue till the halving as Bitcoin trades within the 60,000-59,0000 zone.

Additionally, Intotheblock revealed that Bitcoin is currently sitting right atop a crucial demand zone, which indicates a potentially strong level of support. With over a million addresses historically acquiring over 530,000 BTC at an average price of $64.3k, this area holds significant importance as a potential stronghold for the cryptocurrency’s price. However, in case of a downside break, the next major demand zone is around the $56,000 level.

ETF Demand Stagnates

While on-chain accumulation remains strong, the same cannot be said for spot Bitcoin ETF demand, which appears to have stagnated, even when excluding ETF settlement transactions, according to CryptoQuant’s analysis.

The spot Bitcoin ETFs bled with outflows except for BlackRock’s iShares Bitcoin Trust (IBIT), which was the only fund recording inflows of $73.4 million on April 15th.

Digital asset investment products recorded outflows of $126 million last week, with Bitcoin accounting for $110 million as investors maintained caution.

A new wave of memetic excitement is set to burst onto the Solana blockchain, with the esteemed Slothana token launching on DEXs in thirteen days.

It is currently in its closing presale stages, having raised a whopping $10 million in its first two weeks.

An unwavering market appetite derives from Slothana’s similarities to earlier Solana-based presale giants Book of Meme and Slerf.

Traders can buy $SLOTH from the project’s website or by sending SOL to its wallet address (linked on its website).

At presale, 1 SOL equates to 10,000 $SLOTH. However, this fixed price ends with the presale.

Slothana After Launch

Slothana’s relentless success at presale indicates a market conviction that the token will perform well once it launches on exchanges.

The project follows in the footsteps of Book of Meme and Slerf, which both made history after their respective presales.

Book of Meme started the trend, raising $2 million, and then became the fastest meme coin to reach a $1 billion market cap just two days after its IEO.

But the trend continued to prevail, with the Slerf ICO raising $10 million and then enjoying monumental success after launching on exchanges. Slerf even got featured in media juggernauts like Bloomberg and eclipsed Ethereum in on-chain trading volume.

And now it appears that Slothana is the next big Solana presale, overshadowing the total raises of BOME and SLERF.

There are also talks that Slothana will launch on centralized exchanges, which would open the token to even more investors, bolstering demand and enabling its price to rise further.

Yet, Slothana’s early success and promising future were seemingly engineered by a shrewd team of crypto devs and marketers. According to rumors, Slothana’s founders are an experienced team with a proven meme coin track record.

Is the Smog Team Behind Slothana?

Smog is another Solana-based sensation that launched in February. Within weeks, the project has claimed a $200 million market cap and netted early buyers a 100X ROI.

Whispers are circulating that the Smog team created Slothana. However, this is not just locker-room hearsay.

Beady-eyed degens spotted an undeniable connection between the two teams, with Smog commenting on Slothana’s first-ever X post. The comment occurred when Slothana had less than 50 followers and was essentially unknown to the market.

While the team remains anonymous, this connection illustrates they are at least aligned on some level.

Alongside speculation of a powerful team engineering its success, leading analysts have contributed to Slothana’s presale momentum.

In a recent YouTube video, Crypto Gains warned his subscribers that it is the “last chance to get in on Slothana” and speculated that it might 10X after its exchange launch.

Meanwhile, Matthew Perry told his 219K YouTube subscribers that Slothana “will 5x at launch.”

Factoring in Slothana’s presale success, the token looks primed for a successful IEO.

However, with just thirteen days left to buy the presale, market participants must be quick.

Stay updated on Slothana’s latest developments by following the project on X. Alternatively, visit its website to buy $SLOTH at presale.

Visit Slothana Presale

Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.

Readers are also advised to read CryptoPotato’s full disclaimer.

After immense presale success, Dogecoin20 now looks toward its IEO, set to take place on Doge Day (April 20).

The team has also just announced an adjusted presale token claim date, bringing it forward due to overwhelming demand. It will now occur on April 18.

Dogecoin20’s presale is now sold out, but investors can purchase on launch day before exchange listings from the dogecoin20.io website.

How to Claim Dogecoin20 Token

For Dogecoin20 presale buyers, employing best security practices amid the token claim event is crucial.

Given the presale’s spectacular success, the campaign is surrounded by a great deal of hype, which is likely to attract the attention of bad actors and impersonators who will try to scam users.

Therefore, several security principles must be followed. Firstly, presale buyers should only click links from the official Dogecoin20 social media channels.

You can find the official channels links below:

Twitter: https://twitter.com/DOGE_COIN20

Telegram: https://t.me/DOGE_COIN20

Also, be aware that bad actors may impersonate the official Dogecoin20 social media accounts and could DM you or reply to the official Dogecoin20 tweets.

The Dogecoin20 team will never direct message you first. If you have been messaged by someone claiming to be from the team, you should report the account and not click any links.

Another potential risk is that bad actors could create “copycat” tokens with the same ticker symbol and logo as the Dogecoin20 cryptocurrency. Purchasing these tokens would result in losses, so retrieve the Dogecoin20 token address from the project’s official website.

When claiming or trading your DOGE20 tokens, it is critical to never share your seed phrase and check social media before interacting with any decentralized applications to ensure the protocol is not compromised.

And even with these steps, there remains the risk of exploits or losses. As such, you should stay vigilant and always exercise caution.

The Next Meme Coin to Watch?

Dogecoin20 has enjoyed unprecedented presale success, raising over $10 million in its first week. Now, with its exchange launch just two days away, some traders are optimistic that it is also primed for an explosive IEO.

Prominent low-cap gem hunter Jacob Bury recently covered the project in a video, speculating it could be “a new 100x potential crypto.”

Bury has been an early proponent of other uber-successful presale meme coins like Smog, which soared to over a $200 million market cap and pumped over 100x, and Sponge, which peaked at almost a $200 million market cap.

Other analysts, such as Michael Wrubel (311K YouTube subscribers) and Conor Kenny (190K YouTube subscribers), have also reviewed Dogecoin20 positively in sponsored content.

The project’s proximity to the market-leading meme coin while introducing new improvements is one reason for its hype.

Its flagship feature is a Stake-to-Earn mechanism, which incentivizes long-term holding while minimizing volatility and sell pressure.

Currently, staking provides a 45% APY, but this will decrease as more tokens are staked.

The project also boasts a capped supply of 140 billion tokens, helping inject scarcity and stave off inflation and price dilution.

It also boasts other benefits, like launching on Ethereum for improved functionality and a lesser environmental impact.

With the presale sold out, launch day (April 20) presents the last chance for investors before exchanges listings the same day.

Visit Dogecoin20 Website

Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.

Readers are also advised to read CryptoPotato’s full disclaimer.