One of the standout projects this HOOK season is an NFT project called SLoNks, which features a token called $SLOP.

Recently, on May 29, 2026, the Dev executed a significant burn of nearly 7% of the total supply of $SLOP. As of this writing, $SLOP has a market cap that's still pretty low, sitting around $800K, with a price hovering around $0.96.

Yesterday, on May 29, 2026, the Dev distributed NFT packs for free to all holders of $SLOP and SLoNks who met certain criteria. Around 10,250 NFT packs were successfully claimed in less than 14 hours.

This NFT pack is set to drop today for 0.0025 ETH. This fee will automatically be used to buy $SLOP and then burn it.

If we look at the price chart, it's actually very cheap right now. A parabolic pattern has formed over the last few days, although external factors are still pressuring sell resistance.

It's super interesting to watch this coin because the NFTs and $SLOP are interdependent. The NFTs seem alive and need 'food.' That food is $SLOP; 1 $SLOP can sustain the SLoNks NFTs for 1 month.

Website: https://slops.xyz/

https://opensea.io/collection/slop-packs

Contract Address for $SLOP = 0x999B49c0d1612E619A4A4f6280733184da025108