$SMOG hits a new ATH, secures a spot on Jupiter’s strict list and surpasses 40,000 holders.
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Tearaway Dragon Coin $SMOG brought some fire to its holders this weekend as it achieved three key milestones.
First, $SMOG rose to single decimal places and hit an all-time high above $0.127 over the weekend, showing a very bullish stance as meme season gets into full swing.
This price action brings the circulation-adjusted market capitalization of Smog Tokens closer to $100 million. This was an incredible feat for Solana’s young and hungry dragon.
Second, the number of $SMOG holders increased from 32,000 on Friday, March 1 to over 43,000 by the weekend of Monday, March 4, 2024, indicating that hot demand for this coin has already been released.
Third, $SMOG is now included in Jupiter’s strict list. This means that the decentralized exchange (DEX)’s team of developers has vetted its core token offering, adding a new stamp of approval and validity to this cryptocurrency that is less than a month old.
A massive airdrop is coming to $SMOG holders as the whales move in.
Adding to the weekend’s developments, as of March 4th, over a million quests for $SMOG’s mysterious airdrop have been completed. Another story that will send smog to new highs as the ‘best Solana airdrop ever’ gets closer.
There are several ways participants can receive rewards. Join the Smog Token Community Social, trade $SMOG, start daily, weekly or monthly quests, write optimistic comments on CoinMarketCap and check out many other activities that pay $SMOG.
Over the weekend, some large purchases started flowing into $SMOG. With Solana activity expected to pick up steam in the coming months as retail enters the cryptocurrency market, whale traders appear to have spotted a golden opportunity presented by Smog’s compelling story.
🐲 #dragonsEnd your day #airdrop quest #jilly! 🚁
More quests = higher leaderboard rankings! 📊
Don’t wait and join the largest ranks #brush Airdrop! 🪂 https://t.co/3EQxvQwsw3
— Smog (@SMOGToken) February 22, 2024
Is Smog the Best New Meme Coin?
Smog, Dogecoin, Bonk, Pepe, Shiba Inu… Most of these tokens have recorded near triple-digit percentage gains over the past seven days, all far outperforming the performance of market leaders Bitcoin and Ethereum over the same period. .
Their popularity highlights the quirky volatility that attracts many people to cryptocurrency investing.
Meme coins piggyback on the cultural capital of underlying memes and use viral marketing to make a name for themselves. Why are coins based on the Doge meme so popular? Because the entire internet loves Doge and so do cryptocurrency holders.
Smog ($SMOG) is a great example of a meme stock that is valuable because it has fundamental value. Solana and Ethereum-based tokens were listed on the Jupiter and Birdeye DEX aggregators a few weeks ago.
It has risen over 2,500% since then, thanks to its attractive airdrop system and the fact that the protocol promises big rewards to investors who can hold on to $SMOG tokens for longer.
one #memecoin To rule them all! 🚀
Get ready for the best moment #airdrop Distributed in History #Solana. 💰
join #smog From Jilly! 🔥
Profile link 🔗 pic.twitter.com/vsn4p5cSF4
— Smog (@SMOGToken) February 8, 2024
$SMOG offers a 10% discount and unmatched APY staking on Ethereum.
However, it can be argued that Smog Token is still underrated as it offers much more utility than other meme coins. $SMOG is the only multichain meme token that offers the speed and efficiency of Solana as well as the DeFi capabilities of Ethereum, in addition to future airdrop value available to holders.
Approximately 35% of the 1.4 billion token supply will be allocated to community participants who can purchase and stake $SMOG over-the-counter (OTC) directly on the Smog website. OTC buyers receive a 10% discount, 42% Annual Percentage Yield (APY), and additional airdrop points when they stake their tokens in verified smart contracts.
Half of the total $SMOG supply is being distributed to a comprehensive strategic marketing effort that puts Green Dragon front and center on major cryptocurrency platforms, an additional 10% has been allocated to centralized exchange (CEX) listings and 5% has already been allocated. Assigned to healthy exchanges. Decentralized exchange (DEX) liquidity.
Leap through the smog and soar to glory with your dragon
To participate in the Smog ecosystem, you will need to use a Solana-compatible wallet like Phantom or an Ethereum-based solution like MetaMask.
Users can exchange SOL, USDT or BONK tokens for SMOG through Birdeye or Jupiter DEX aggregators. Alternatively, use ERC-20 tokens to purchase and stake $SMOG on the Ethereum network on the project website smogtoken.com.
Join the Smog Community X (Twitter)Get the latest news and updates via Discord and Telegram.
Will Smog be able to drive out the many dogs of the meme coin sector and climb to the top of the food chain? No one knows, but if you want to help Smog in his quest, explore for yourself here and buy $SMOG.
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