[ad_1]
Be part of Our Telegram channel to remain updated on breaking information protection
Prior to now few months, meme cash, particularly these within the Solana ecosystem, have grow to be more and more well-liked once more, with Smog main the rally having not too long ago reached its all-time excessive.
We’ve seen cash like BONK, WIF, and MYRO explode in worth, with BONK alone hovering 200x between October and December 2023.
In at the moment’s video, we’re presenting a brand new meme coin venture on Solana that’s displaying promise early on. It surged by over 11x shortly after its launch, and the crew has already launched a big replace inside days.
Regardless of being new and never extensively recognized, this meme coin has generated quite a lot of pleasure and has seen energetic engagement from each the group and builders.
In contrast to its friends, this meme coin has a comparatively small market cap, which suggests it may have substantial room for development if present traits proceed.
$SMOG worth prediction – Meme coin surges over 150% up to now week
The worth of Smog, a brand new meme coin constructed on Solana, has surged by greater than 150% up to now week, pushing its absolutely diluted market cap above $100 million.
With this vital worth improve, many cryptocurrency traders are contemplating whether or not it’s an excellent time to purchase $SMOG earlier than the chance slips away.
Following the latest all-time excessive of $0.138, $SMOG is at the moment buying and selling round $0.129, approaching one other highest worth level since March 05. The coin has skilled two consecutive days of constructive closes, hinting at a possible third.
This surge signifies sturdy momentum behind the latest worth improve, with $SMOG breaking by an important resistance stage at $0.1 yesterday. Moreover, $SMOG now boasts over 40,000 distinctive holders, with buying and selling quantity rising by 20% up to now 24 hours.
These elements contribute to the constructive outlook for $SMOG. Moreover, traders are drawn to $SMOG’s tokenomics, which prioritize group involvement. The token’s creator holds solely 0.43% of the whole $SMOG provide, making certain honest distribution.
Furthermore, possession has been renounced, stopping the creators from minting extra tokens or modifying the contract. With sturdy technical indicators, a rising holder base, and rising buying and selling quantity, $SMOG’s worth could have additional potential for development.
It’s additionally set to be listed on a number of exchanges within the upcoming weeks, which may doubtlessly drive its worth even greater. Test the venture’s web site for extra particulars right here.
Smog – A meme coin poised to dominate Solana?
However what precisely is $SMOG, and why are individuals on this new meme coin? Merely put, $SMOG is a meme coin targeted on group, launched on Solana in early February. The creators need to use memes and viral advertising and marketing to get individuals concerned and make them conscious of the coin.
Certainly one of $SMOG’s essential options is its large giveaway with Zealy, the place 35% of the whole cash might be given to group members. $SMOG holders also can stake their tokens to earn rewards of as much as 42% a yr.
The rewards for staking, together with humorous graphics and giveaway incentives, have helped $SMOG collect a big group on social media like Twitter. Buyers have already staked 17,973,959 $SMOG tokens, displaying a robust curiosity in passive rewards and confidence within the venture’s future.
Proper now, traders can snag a ten% low cost on Smog by shopping for instantly from the venture’s web site. However they’ll have to act rapidly as a result of this provide gained’t final lengthy. Furthermore, the token has caught the eye of some large crypto influencers.
As an illustration, Jacob Bury, a YouTuber with 31,000 subscribers, advised the venture may improve 100x, pointing to its method throughout a number of chains and the beneficiant giveaway. Given Bury’s affect within the crypto world, his assist has seemingly added to the rising curiosity in $SMOG.
Multi-chain technique and deliberate token burn gas venture’s potential
Furthermore, the broader market pattern of Solana meme cash gaining traction, as indicated by the success of Bonk (BONK) and dogwifhat (WIF), can be including to the recognition of $SMOG. There was a surge in meme cash launching on Solana not too long ago, aiming to leverage its low charges and quick transaction speeds.
#SMOG!
🐉 Soar🔥 Burn👑 Rule
— SMOG (@SMOGToken) March 5, 2024
Solana has emerged as a fertile floor for viral meme cash, with CoinGecko information indicating that this area of interest is at the moment valued at $2.7 billion. Whereas $SMOG advantages from being on Solana, its creators are taking an extra step with a multi-chain method.
$SMOG was not too long ago launched on Ethereum as effectively, increasing entry to the token for a broader viewers. By tapping into the liquidity and group on each chains, $SMOG is poised to outperform most new meme cash when it comes to visibility and adoption.
Moreover, $SMOG’s roadmap contains plans for a burn protocol that might additional speed up its development. Though it’s speculative, $SMOG appears to be in an excellent place to learn from the rising curiosity in meme cash amongst traders, no matter their stage of expertise.
To grow to be part of this thrilling new venture, buy $SMOG tokens right here.
Associated
Smog (SMOG) – Latest Crypto Launch
Honest Launch on Jupiter
Free Airdrop Rewards
Excessive APY Staking – smogtoken.com
Solana Based mostly Meme Coin with ETH Bridge
Trending on DEXTools
Upcoming CEX Listings
Be part of Our Telegram channel to remain updated on breaking information protection
[ad_2]
Source link