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The crypto meme coin space has discovered a new investment opportunity in Smog (SMOG), which has quickly become a top crypto choice since its debut on February 7th.
This token, working on the Solana network, has surged by over 70% in the past 24 hours, capturing the attention and curiosity of crypto enthusiasts everywhere.
This article dives into what Smog is, how to buy it, its potential for staking rewards, and its future price prediction.
How to buy Smog (SMOG) – A simple step-by-step guide
Here’s a beginner-friendly guide on how to buy Smog (SMOG) and sign up for its exclusive airdrop in five easy steps:
Step 1: Create a digital wallet
First, you’ll need a digital wallet compatible with Solana, like Phantom or Trust Wallet. These wallets offer both an app and a browser extension for easy access. You can also choose from other wallet options available through the ‘Connect Wallet’ feature powered by Jupiter.
Step 2: Buying crypto
You can swap ETH, SOL, USDT, USDC, or BONK for $SMOG. Purchase these cryptocurrencies from any major exchange and transfer them to your wallet. Some wallets even allow you to buy these cryptos directly from third-party providers, although be mindful of any associated fees.
Step 3: Connect your wallet
Visit Smog’s official page and click the “BUY SMOG” button on the buying widget or the homepage. You’ll then be directed to Birdeye, a trusted crypto data platform with a Jupiter-powered widget for swapping crypto with Smog. Click the widget’s ‘Connect Wallet’ button and choose your previously set up wallet.
Step 4: Buy and hold $SMOG (DEX) or buy and stake (OTC)
Once your wallet is connected and you have the required crypto (SOL, USDT, BONK, etc.), you can swap it for $SMOG tokens. Your airdrop points will start accruing automatically for Smog’s grand launch on the Solana network.
You can also use our OTC widget at the top of the page to buy $SMOG on Ethereum at a 10% discount and stake it to earn APY. Staked tokens are locked for 90 days, and you’ll qualify for the airdrop.
Step 5: Signup for the airdrop
To further engage with the Smog community and earn extra rewards, sign up for the $SMOG airdrop on zealy.io. Completing various community tasks will earn you points, which will contribute to your airdrop rewards. These points will be tallied and updated a few weeks after the $SMOG launch.
Staking $SMOG tokens for rewards and airdrop points
Earn rewards and accumulate airdrop points by staking your $SMOG tokens, securing your spot for the upcoming Solana airdrop event. You can claim rewards whenever you like, but staked tokens have a 90-day withdrawal restriction from the last contribution to the staking pool.
$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
With a rewarding rate of 42% per year, staking $SMOG presents an attractive opportunity for investors. Currently, stakers have contributed a total of 4,587,146 $SMOG tokens, while your personal stake remains at 0 $SMOG until you start staking.
Keep in mind that only ETH SMOG can be staked on the staking dashboard, and if necessary, you can bridge your tokens using PortalBridge to facilitate staking effortlessly.
$SMOG price prediction
The excitement about meme coins, like Smog, and its ambitious plans could grab a lot of attention from regular people and big investors. This could push Smog’s price up, which is why we’re optimistic about it. Smog is trying to be fair to everyone by launching without a presale, making it possible for anyone to join in.
We saw this work when the SMOG token shot up by over 900% in just a day on Jupiter DEX. Looking at how similar projects have done and what’s happening in the market, Smog seems like it could do well.
Things like how people feel about meme coins, how good Smog’s marketing is, and how well the overall crypto market does will all affect its price. It’s also important to think about big economic factors when deciding on long-term investments.
The Smog token’s value has increased today, almost doubling from its recent all-time low. This shows that a lot of people are interested in and confident in Smog. Even though not many trades are happening, the fact that there aren’t many people selling suggests that most investors feel good about Smog.
Right now, Smog Token is trading at $0.086, not far from its all-time high of $0.088. Some people think it might go even higher soon, maybe hitting new records with a 93% increase from where it is now.
At $66 million market cap, Smog appears undervalued, with potential for further growth, especially when compared to BONK, a Solana meme coin with a market cap of $887 million, suggesting Smog’s potential to reach billion-dollar status.
The possibility of Smog’s rapid growth, potentially hitting 20x or even 100x with a $1 billion market cap, excites investors, while its potential listing on top exchanges could boost its price, making Smog an attractive investment opportunity.
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