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In early 2024, the meme coin market remains lively, with a new Solana-based token named Smog grabbing attention.
Those seeking crypto coins with big potential profits might find Smog appealing. Following in the footsteps of Bonk, Wen, Myro, and Dogwifhat, Smog’s launch on the Jupiter exchange has excited meme coins fans.
After its fair launch on the Jupiter DEX aggregator on Thursday at 4 pm UTC, $SMOG surged by 1000% in less than 24 hours. Over the past 36 hours, the price of $SMOG has increased by $0.06816, pushing its fully diluted market cap beyond $80.
This surge in value comes as traders have turned bullish following the launch of Solana’s latest innovation. You can check the latest Smog token price on Birdeye.
Solana meme coin Smog launches Ethereum bridge
The Smog team introduced the Smog Token on Ethereum via Wormhole and PortalBridge.com on February 9th, 2024. They connected it to Ethereum’s network, which holds over $1 billion in TVL.
Using Wormhole, a top cross-chain service, Smog can now be accessed on Ethereum and Solana. This marks a significant advancement in meme coin technology and accessibility.
To facilitate multichain bridging, a SMOG ETH liquidity pool will be established to simplify the purchase process for new users and drive the token’s upward trajectory.
$SMOG 🐉 One #Memecoin To Rule Them All🔥
Buy or stake ERC-20 $SMOG tokens through our website for 42.0% APY.💰
Tokens staked are locked for 90 days, with rewards withdrawable throughout. 🔒💸
All tokens purchased through the site will be automatically staked.
Link in bio! pic.twitter.com/Y98lZcjuk6
— SMOG (@SMOGToken) February 10, 2024
Additionally, a new $SMOG deposit platform with a 3-month lock-up period will be introduced. Both over-the-counter (OTC) and decentralized exchange (DEX) purchased $SMOG tokens will qualify for deposit.
Smog’s launch generated huge excitement, with its value skyrocketing by over 1,000% in just one hour and continuing to rise from the past 36 hours.
Recent data from Smog shows it has over 10,250 holders, indicating massive community interest. Additionally, DEXScreener data indicates bullish sentiment, with over 3,600 buys compared to 1,900 sells since launch.
Smog has experienced consistent success and garnered significant market attention, especially after its recent Ethereum launch announcement received over 500 likes. The team hints at an upcoming major announcement, heightening anticipation.
New airdrop opportunities for Solana investors on Jupiter Exchange
In the Solana ecosystem, there have been some really successful airdrops lately. The $JUP airdrop, in particular, has been hailed as one of the best ever. Now, the Smog project is offering another exciting opportunity for investors on the Jupiter exchange.
According to the project’s plan, they will select “10,000+ Loyal Chosen” investors for the airdrop. To participate, investors just need to buy $SMOG tokens and hold onto them to earn airdrop points. They can also visit the zealy.io platform, join the airdrop, and complete easy tasks and daily quests to earn more airdrop points.
But the project’s plan suggests that the excitement of the airdrop won’t end with $SMOG. More than 100,000 dedicated community members who keep holding their tokens and actively participate in the community will have the chance to enjoy additional airdrops and rewards.
$SMOG holders will also have the opportunity to receive a share of the community bounty generated by the airdrop campaign, giving them even more incentives.
Is Smog token poised to follow in Bonk’s footsteps?
Smog aims to become the top Solana-based meme coin of 2024, following the success of Bonk, Wen, Dogwifhat, and Myro. The project’s motto is “One meme coin to rule them all.
As mentioned earlier, $SMOG had a strong debut, growing by 900% in less than 24 hours. Analysts predict that the meme coin will continue its upward trend in the coming days.
For instance, Zach Humphries, a popular meme coin enthusiast with over 120k subscribers, believes that the next meme coin gem is on the rise. Another popular YouTuber, Crypto ZEUS, is also optimistic about its price potential, noting increased buying activity from whales.
The token has strong community-focused tokenomics aimed at achieving significant growth. 35% of its total token supply is allocated to its airdrop campaign, aiming to execute the largest $SOL airdrop ever.
Additionally, 50% of the token supply is dedicated to marketing efforts, aiming for maximum publicity to sustain the bullish momentum. The remaining 15% is reserved for liquidity on both centralized exchanges and decentralized exchanges.
Solana’s ongoing bull run and the dominance of Jupiter Exchange bode well for Smog’s prospects as the next prominent SOL-based meme coin. $SOL has surpassed the $100 mark and is expected to continue its upward trajectory.
Similarly, Jupiter’s trading volume rivals that of Uniswap, making it an ideal platform for Smog’s launch. Given these factors, Smog has the potential to secure a listing on Binance as the next major Solana meme coin. Currently, $SMOG is one of the top trending crypto tokens on Solana.
Guide to purchasing Smog token and joining Smog airdrop campaigns
You can buy Smog through various methods now that it’s available on multiple chains. Solana users can purchase Smog on the network’s user-friendly decentralized exchanges like Jupiter or Birdeye.
To start, you’ll need a Solana-compatible digital wallet such as Phantom and cryptocurrency like SOL, USDT, or BONK that you can exchange for $SMOG.
There are several ways to increase your chances of being eligible for the airdrop. Visit Smog’s Zealy page to find out about current tasks and daily challenges. Also, stay updated on future updates by following the Smog X account.
For Ethereum users, buying Smog requires an Ethereum-compatible wallet like MetaMask and ETH or USDT. Currently, Smog can only be purchased by Ethereum users through the project’s website.
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