Smog Price Prediction – Could $SMOG become the next biggest Solana airdrop meme coin after recently reaching all-time highs?

adminMarch 6, 2024

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Over the past few months, meme coins have seen a resurgence in popularity, especially those from the Solana ecosystem, with Smog leading the rally, recently hitting an all-time high.

We have seen the value of coins like BONK, WIF, and MYRO explode, with BONK alone soaring 200x between October and December 2023.

In today’s video, we introduce Solana’s new meme coin project, which is showing promise early on. It surged more than 11x immediately after launch and the team has already released a significant update within a few days.

Despite being new and not widely known, this meme coin has generated a lot of interest and has seen active participation from both the community and developers.

Unlike its peers, this meme coin has a relatively small market cap, suggesting there could be significant room for growth if current trends continue.

$SMOG Price Prediction – Meme Coin Surges Over 150% Last Week.

The price of Smog, a new meme coin based on Solana, has surged more than 150% in the past week, pushing its fully diluted market capitalization past $100 million.

This significant price increase has many cryptocurrency investors considering whether it is a good time to buy $SMOG before the opportunity disappears.

Following its recent all-time high of $0.138, $SMOG is currently trading around $0.129, approaching another high since March 5th. The coin has experienced two consecutive positive closes, hinting at a potential third place finish.

This surge indicates strong momentum for recent price increases, with $SMOG breaking the important resistance level of $0.1 yesterday. Additionally, $SMOG currently boasts over 40,000 unique holders and has seen a 20% increase in trading volume over the last 24 hours.

smog price graph

These factors contribute to the positive outlook for $SMOG. Investors are also attracted to $SMOG’s token economics, which prioritizes community participation. Token creators only hold 0.43% of the total $SMOG supply to ensure fair distribution.

Additionally, ownership is relinquished, preventing creators from issuing additional tokens or modifying the contract. With strong technical indicators, a growing holder base, and increasing trading volume, the price of $SMOG has the potential to grow further.

It is also scheduled to be listed on several exchanges in the coming weeks, which could potentially push its price even higher. For more information, check out the project website here.

Smog – The meme coin that will dominate Solana?

But what exactly is $SMOG, and why are people interested in this new meme coin? Simply put, $SMOG is a community-focused meme coin that launched on Solana in early February. Creators want to use memes and viral marketing to engage people and spread the word about their coin.

One of the key features of $SMOG is a massive giveaway through Zealy, where 35% of the total coins will be given away to community members. $SMOG holders can also earn up to 42% annual rewards by staking their tokens.

Rewards for staking, along with fun graphics and sweepstakes incentives, have helped $SMOG gather a large community on social media like Twitter. Investors have already staked 17,973,959 $SMOG tokens, demonstrating strong interest in passive rewards and confidence in the future of the project.

Currently, investors can get a 10% discount on Smog by purchasing directly from the project website. But you’ll need to act quickly because this offer won’t last long. Moreover, this token has caught the attention of some large cryptocurrency influencers.

For example, YouTuber Jacob Bury, who has 31,000 subscribers, suggested that the project could grow 100-fold, pointing to its multi-chain approach and generous giveaways. Given Bury’s influence in the cryptocurrency world, his support likely added to the growing interest in $SMOG.

Potential of multichain strategy and planned token burning fuel projects

Additionally, the broader market trend of Solana meme coins gaining traction, as evidenced by the success of Bonk (BONK) and dogwifhat (WIF), is also increasing the popularity of $SMOG. There has been a recent surge in meme coin launches on Solana, seeking to take advantage of low fees and fast transaction speeds.

#smog!
🐉 rise
🔥 Baking
⭐ Rules
— Smog (@SMOGToken) March 5, 2024

Solana has emerged as a fertile ground for viral meme coins, with this niche currently valued at $2.7 billion, according to CoinGecko data. $SMOG is benefiting from Solana, but its creators are taking extra steps with a multi-chain approach.

$SMOG was also recently introduced on Ethereum, expanding access to the token for a wider audience. By leveraging the liquidity and community of both chains, $SMOG is poised to surpass most new meme coins in terms of visibility and adoption.

Additionally, $SMOG’s roadmap includes plans for a video protocol that could further accelerate growth. Although speculative, $SMOG seems well-positioned to profit from the growing interest in meme coins among investors regardless of experience level.

To participate in this exciting new project, purchase $SMOG tokens here.

SMOG – Latest Cryptocurrency Launch