Join Our Telegram channel to stay up to date on breaking news coverage
In his newest video, Zach Humphries explores the intriguing realm of Solana meme coins, uncovering the ups and downs faced by investors in this unpredictable market.
One of the Solana-based meme coins that has grabbed his attention is Smog, particularly due to its recent launch and an impressive 150% surge in value over the past 24 hours.
Over the last six months, the Solana blockchain has been a leader in innovating meme coins. Now, Smog is breaking new ground with a special airdrop for its early investors.
New Solana-based token Smog is the future of meme coins?
In a historic event for the Jupiter DEX, a new meme coin named Smog (SMOG) has launched on Solana through a fair launch, setting the stage for an upcoming major airdrop.
This development has stirred excitement among JUP holders and traders on the newly established Jupiter DEX, as Smog aims to initiate a new era for meme coins on Solana with its ambitious airdrop strategy.
Smog token made its debut at 16:00 UTC on Feb 7, appearing as a stealth launch with limited information available about the team and no prior presale.
Traders are eager to discover the next big thing akin to Bonk, Dogwifhat, or Myro, and according to the project’s Twitter account, $SMOG intends to revolutionize the entire memecoin landscape.
Currently, Smog ranks as the sixth most trending coin on DEXTools, boasting a high security score of 95, which is determined by various factors including project details, transactions, holders, liquidity, and pool creation date, further enhancing its appeal.
To participate in the $SMOG airdrop initiative, traders must utilize a Solana-compatible wallet such as Phantom, and can exchange SOL, USDT, or BONK tokens for Smog via the Jupiter DEX aggregator or Birdeye. Keep track of the latest Smog price movements on DEXTools, Birdeye, and DEXScreener.
$SMOG challenges meme coin scene on SOL with unique airdrop launch
Taking advantage of the new trend of hunting for airdrops, $SMOG introduces a unique feature that aims to generate a surge of social interaction for the project. Originating from Jupiter’s celestial forge, the project labels itself as the most rewarding token on the Solana network.
$SMOG plans to deliver an unmatched airdrop experience, where token holders earn points to qualify for a significant airdrop. Additionally, $SMOG is conducting an innovative Zealy campaign to boost engagement on its social platforms.
One #Memecoin to rule them all! 🚀
Get ready for the greatest #Airdrop in history, distributed on #Solana. 💰
Join #SMOG on Zealy! 🔥
Link in Bio 🔗 pic.twitter.com/vsn4p5cSF4
— SMOG (@SMOGToken) February 8, 2024
This campaign is anticipated to attract significant interest as users complete daily, weekly, and monthly quests to earn airdrop points by following $SMOG on Twitter and joining its Discord server.
To enhance your chances of being chosen as a Loyal Chosen member and to maximize your airdrop rewards, tackle the community task list on Zealy. Moreover, participants with the highest number of airdrop points will be featured on a leaderboard, adding a competitive element to the campaign.
Will Smog’s airdrop-based tokenomics fuel a price rally?
The $SMOG tokenomics are built on three main parts: a fair launch, a big airdrop event, and providing liquidity. There are 1.4 billion $SMOG tokens in total, but only 5% are currently available.
Here’s how the tokenomics break down: 50% for marketing, 35% for the airdrop, 10% for centralized exchange (CEX) liquidity, and 5% for decentralized exchange (DEX) liquidity. The 5% for DEX liquidity is already in use, and it’s secured by Team.Finance, a security firm, showing the project founders’ dedication.
Clearly, the tokenomics focus on promoting a strong marketing campaign to get people engaged before the airdrop. With a big marketing budget, $SMOG could get a lot of attention on platforms like publications, influencers, and YouTube.
As a result, traders are quickly getting into $SMOG, hoping to make big profits, possibly even 10x their investment soon. To buy $SMOG, you’ll need $SOL to trade on the Jupiter DEX. Check the project’s website for more details here.
Examining the comprehensive roadmap of Smog token
When we look ahead to the project’s future, we can see a detailed plan with many exciting milestones coming up. One notable thing is the introduction of staking, which might mean more airdrops are coming, and there’s also talk of burning tokens and having more airdrop events.
What’s special about this project is that they want to gather over 10,000 “Loyal Chosen” members. To be part of this group, holders need to be picked and then commit to the $SMOG community through certain rituals, with the promise of getting extra rewards in airdrops.
Basically, in stage one, they’re mainly focusing on starting the project, building the base for future progress. Stage two is about launching the token successfully, making sure it goes well in the market. Finally, stage three is all about trying to become the top meme coin, reaching all the project’s goals.
Related
- Best Crypto to Buy Now February 8 – Smog, NEAR Protocol, Avalanche
- Doginphire Price Prediction: FIRE Skyrockets 8,170% In a Week As New Solana Meme Coin Smog Explodes, Promises An Epic Airdrop
- Pepe Price Prediction: PEPE Pumps 5%, But Traders Migrate To New Solana Meme Coin Smog After 1,335% Surge Amid Airdrop Frenzy
- Solana Price Prediction: Solana Price Surges 7% While New SOL Meme Coin Smog Explodes Onto The Scene With 1,288% Pump
Newest Meme Coin ICO - Wall Street Pepe
- Audited By Coinsult
- Early Access Presale Round
- Private Trading Alpha For $WEPE Army
- Staking Pool - High Dynamic APY
Join Our Telegram channel to stay up to date on breaking news coverage
