{"id":481119,"date":"2024-02-20T09:50:24","date_gmt":"2024-02-20T09:50:24","guid":{"rendered":"https:\/\/insidebitcoins.com\/?page_id=481119"},"modified":"2024-02-20T09:52:44","modified_gmt":"2024-02-20T09:52:44","slug":"smog-price-prediction","status":"publish","type":"page","link":"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/smog-price-prediction","title":{"rendered":"Smog Price Prediction – $SMOG Coin Future Potential"},"content":{"rendered":"

The Smog price has been on an uptrend ever since its launch on February 7th 2024. This dragon-facing meme coin launched in the “year of the dragon” has captured the community’s attention thanks to its unique aesthetics as well as distinctive fundamentals. Experts say that the “gamification” of the airdrop will add to Smog’s<\/a> virality and push its value even further.<\/p>\n

But how up can the Smog price go? This guide will take a closer look at the Smog price prediction and forecast its future based on the current market fundamentals and its utilities.<\/p>\n

\n

Smog Price Prediction<\/strong><\/h2>\n

Smog made its debut on Jupiter DEX, a decentralized exchange that has garnered attention for having a good trading volume for Solana and Solana-based tokens. That listing resulted in triple-digit gains within a short time. But that is how meme coins conventionally behave. Here are our Smog price predictions that look into factors beyond its virality as a meme coin.<\/p>\n

2024<\/strong><\/h3>\n

Smog established a significant uptrend as soon as it landed on Jupiter DEX. Investors were expecting the token to behave similarly to BONK – another major Solana-based token, and it did. Within three hours of going live on the price charts, the Smog price went up by 1500%.<\/p>\n

Barely three days later, the value of the SMOG coin was up by 4500%. This rise followed a correction. However, bulls rallied once again to get back control, which pushed the SMOG value further, allowing the token to attain an all-time high of $0.09451 on February 16, 2024. <\/span>If it is able to sustain this momentum, we believe that SMOG’s price could go up to $0.3 by the end of the year.<\/p>\n

2025<\/strong><\/h3>\n

Smog is a meme coin that does not possess a large roadmap. It has a basic utility related to airdrops, and that is meant to consolidate the community around it. While this use-case is minuscule when we consider long-term fundamentals, 2025 is also the year the community is expecting Bitcoin to have another bull run. Smog can tap into the positive reaction that crypto assets receive to fuel its own value. That could push the value of SMOG past the $1 mark by the end of 2025.<\/p>\n

2026<\/strong><\/h3>\n

2026 may count as a year of normalization. Bitcoin may attract more institutional interest, and SMOG may acquire more utilities. Smog says that its main motive is to reinvigorate interest in Solana tokens and meme coins in general. If the flurry of airdrops and community engagement keeps SMOG’s head above water by the beginning of 2026, we can expect Smog to rise even higher that year. Our conservative estimate is that the Smog price may reach the $1.2 mark in 2026 before retracing.<\/p>\n

2030<\/strong><\/h3>\n

Meme coins that performed boisterously in the past retraced to a massive degree. That was true for Dogecoin; it is still true for Shiba Inu, and it may come true for Smog. 2030 may see Smog becoming an OG crypto in the dragon-based memecoin niche. But that doesn’t necessarily mean that this token will have an established uptrend by then.<\/p>\n

The Smog price may reduce to $0.5 by 2030’s end. Conversely, if the Smog ecosystem introduces new use cases, it is possible for it to stay afloat and make another attempt to reach its all-time high. Considering these factors, it is likely that the SMOG price will find stable ground at the $1 mark by the end of 2030.<\/p>\n

<\/span><\/p><\/div><\/div><\/span><\/p>\n

Buy Smog<\/strong><\/span><\/a>\n<\/p>

SMOG Price History <\/strong><\/h2>\n

Solana-based SMOG token arrived on Jupiter Decentralized exchange without much fanfare. However, the buzz around Solana-based meme coins<\/a> has been high ever since the success of BONK, which helped Smog gain a high level of initial traction in the market.<\/p>\n

As a result, the moment it landed on the DEX, a long green candle was formed, indicating a major bullish action. A small retrace followed with consecutive reds forming, but the sell-off was curbed due to an impressive social media campaign that laid emphasis on Smog’s gamified airdrop mechanics.<\/p>\n

\"Smog<\/p>\n

That resulted in the Smog price growing in a step-like fashion on the price charts with one or two significant red candles in between. But for every red candle formed, there were three green candles to engulf it. Multiple bullish engulfing patterns helped Smog achieve a new all-time high of $0.09451<\/span> on February 16, 2024, before retracing.<\/p>\n

Above all, the token has been leveraging the bullish sentiment in the general crypto market to go up on the price charts. Within the last seven days, it soared by more than 112%. While there has been a slight drop in its trading volume in the last 24 hours, the atmosphere around the token is quite positive. <\/span><\/p>\n

Smog Price Prediction 2024<\/strong><\/h2>\n

The Smog<\/a> price prediction for the year 2024 will be dictated by the virality of the token’s dragon-based appeal and its gamified airdrop fundamentals. The real buzz around the token coupled with the bullish sentiment in the market has helped it attain an all-time high of $0.09451.<\/p>\n

\"Smog<\/p>\n

Current momentum for this token suggests that it may cross the threshold and reach another high before the end of 2024. However, whether or not the token is able to achieve another landmark will depend on the upcoming halving<\/a>.<\/p>\n

If the halving-introduced scarcity pushes Bitcoin’s value even further, the Smog price will receive a major push on the price charts. That, combined with the recently launched tasks on zealy.io, will help Smog establish a strong community. A combined push of the community and the positive reaction to the crypto market can further fuel SMOG’s price. Considering these factors, we expect Smog to reach $0.3 by year-end.<\/p>\n

Smog Price Prediction 2025<\/strong><\/h2>\n

2025 will mark a year since the Bitcoin halving, with the community anticipating another bull run to arrive. How high Bitcoin is able to go that year will determine the climb that Smog is able to achieve.<\/p>\n

\"Bull<\/p>\n

A conservative estimate for Bitcoin given by Binance is that BTC will rise above the $54k mark. However, the increase can even be rapid, considering how the last bull wave pumped Bitcoin’s price to almost double its previous value.<\/p>\n

That said, if Bitcoin eventually moves past the $100k mark, the entire crypto market will follow suit. Smog may get more traction in the market due to those wishing to capitalize on the bull run through investment in affordable assets.<\/p>\n

Another determinant for Smog’s performance in 2025 will be community engagement. As multiple airdrops<\/a> have been planned for the project, Smog may receive more community interest.<\/p>\n

Solana’s growth will also determine how up SMOG goes on the price charts. It is possible that by the time 2025 arrives, SOL crosses the $150 mark. It may double the impact on its associated memecoins, which means Smog can reach $1 that year.<\/p>\n

Smog Price Prediction 2026<\/strong><\/h2>\n

2026 may see the cryptocurrency market getting more normalized. Some form of stability may arrive, which will help the old tokens find stability around their old highs.<\/p>\n

Solana may capture the community’s interest once again, and as the SOL ecosystem is fuelled, so will Smog. Tokens like BONK and Myro may receive a pump. However, the rise may not be that significant, which means it is possible for the Smog coin to rest around the $1.2 mark.<\/p>\n

Smog Price Prediction 2030<\/strong><\/h2>\n

It is not easy to give a significant long-term forecast for the Smog price because the project hasn’t established a long-term roadmap. Smog has a total supply of 1.4 billion, out of which only 35% have been dedicated to the roadmap. By the time 2030 arrives, most of the tokens will have been airdropped.<\/p>\n

Therefore, Smog would have to introduce better market fundamentals and more utilities in order to keep its head above water. It is possible that Smog may take the current gamification concept to the next level, introducing NFTs<\/a> to the ecosystem.<\/p>\n

\"Smog\"<\/p>\n

That may keep the community interested in Smog for some time. However, a retrace may still come for the token, dropping its value around the $0.5 mark. And if the market goes through another bout of crypto winter, Smog may end up having the same value as its launch price.<\/p>\n

What is Smog?<\/strong><\/h2>\n

Smog<\/a> is a Solana-based meme coin that made its debut in Q1 2024. The token veers off from taking a comical tone and opts for a fanatical story instead. The entire tone of its whitepaper talks about dragons and knights and how these elements can play into the growth of the cryptocurrency market.<\/p>\n

\"What<\/p>\n

At the front, the Smog token has a green dragon as its Mascot. The dragon has been inspired by two aspects. One is Lord of the Rings, and another is the Chinese year of the dragon.<\/p>\n

In terms of utility, Smog has announced a gamified Solana airdrop<\/a>. Rather than opting for an RNG-fuelled giveaway that drops tokens to holders in a random fashion, Smog has introduced a gaming element through zealy.io.<\/p>\n

The platform offers limited, daily, and regular tasks that have to be completed in order to attain airdrop points. When the airdrop comes, the community will count the number of airdrop points, and the one with the most points will receive a bigger portion of the airdrop.<\/p>\n

Smog has a total supply of 1.4 billion, out of which it has dedicated 35% to the airdrop. While Smog started as a Solana-based token, Ethereum launched it too via PortalBridge.<\/p>\n

What Makes Smog Unique?<\/strong><\/h2>\n

Here are some of the key factors that make Smog a unique project to invest in:<\/p>\n

Multichain Token<\/strong><\/h3>\n

Unlike most Solana-based meme coins that made their mark in the past, Smog has taken a multi-chain approach to become accessible to a wider audience. Another key attribute that being multi-chain brings is the ability to introduce more use cases. While it hasn’t been discussed in the project right now, it is possible that emerging decentralized applications may adopt the meme coin as a key asset.<\/p>\n

\"Smog\"<\/p>\n

Gamified Airdrop <\/strong><\/h3>\n

Another big factor that makes Smog unique from other meme coin projects is its gamified approach to airdrops. Airdrops and giveaways<\/a> have always been interesting. But their randomized nature doesn’t necessarily help the community.<\/p>\n

\"Airdrop\"<\/p>\n

With Smog, however, the community aspect has been tied to the airdrop, which may help it grow more. As some of the tasks are related to engaging and enhancing the Smog community, a strong foundation can be built around the project, prepping it for more growth in the future.<\/p>\n

Dragon-Based Theme<\/strong><\/h3>\n

Pepe and Pepe 2.0 have one thing in common – they are both frog-based memecoins. Dogecoin, Myro and Bonk are also tied together because they are Doge-based tokens. While their quirkiness has allowed the community to grow and these tokens to succeed, they all have a “been there, done that” approach. A true sense of uniqueness is missing, which is being introduced by Smog.<\/p>\n

\"Smog\"<\/p>\n

Smog has adopted the imagery of a lazy dragon with his tongue coming out. While it has maintained a sense of quirkiness with a hint of comedy, the overall tone is more fantastical. It adds an almost mystical appeal to the Solana ecosystem, and the community cannot help but look at what the project can bring.<\/p>\n

Staking Mechanic<\/strong><\/h3>\n

The introduction of ETH-bridge not only exposed Smog to a wider audience but also added another layer of utility to the platform. Smog is a stakable token<\/a>, which means holdings will give users access to passive gains. Currently, the APY for holding Smog sits around 42%. While it will decrease as more tokens are put inside the staking pool, the presence of passive gains is enough to rally the community around this meme coin.<\/p>\n

\"Stake<\/p>\n

Smog Profit Potential<\/strong><\/h2>\n

Smog is alive and well on the price charts, and its profit potential for its short-term performance can be gleaned from its current level of traction.<\/p>\n

At the time of writing, the token has steadily moved up and has managed to achieve a new all-time high. While there is some retrace, it is not significant enough, as bulls are still in the market.<\/p>\n

DEXScreener<\/a> reports that its current market capitalization exceeds $52 million. Now that the token has crossed the $52 million market cap threshold, it won’t be long for this token to go live on centralized exchanges. When it comes to how far it can go this year, we have already mentioned in our price prediction sections that Smog may reach $0.3 by the year-end.<\/p>\n

\"Smog<\/p>\n

Can Smog reach the coveted market capitalization of $100 million? In order to give a proper assessment of this statement, we have to look at another Solana-based meme coin<\/a> that accomplished this feat – BONK.<\/p>\n

How BONK’s Price Action Can Determine SMOG’s Growth?<\/strong><\/h2>\n

\"BONK<\/p>\n

Bonk came out in November 2022 as a free airdrop and flew under the radar for a long time. The token didn’t get any traction in the early days of 2023; even PEPE-led memecoin mania had no effect on it.<\/p>\n

It was only in November 2023 that its value started to go up. The token experienced a significant uptrend on the price charts. By the middle of December 2023, the BONK price<\/a> reached its all-time high and the token achieved a market capitalization of $1.88 billion.<\/p>\n

The token’s virality and the cute doge that became its mascot were responsive to its price action in the early days. The project’s integration with DeFi, exchanges, gaming, NFTs, transfer tools, socials, and wallets also played its part in increasing the BONK price.<\/p>\n

The token presented multiple utilities to the user base, which further established it as a good cryptocurrency to buy<\/a> and a spot on the Binance exchange.<\/p>\n

Smog has similar, albeit a bit unique, fundamentals. While the project does not talk about any integration, it does have a unique approach to its airdrops, which can bolster its value on the price charts. Furthermore, the token has also established a significant uptrend in the early days. And while there have been some retraces of late, the token still holds the potential to achieve a market capitalization of more than $100 million this year.<\/p>\n

Factors Catalyzing Smog’s Price Action<\/strong><\/h2>\n

Why is Smog behaving bullishly on the price charts? To understand this, we have to look at the factors catalyzing its price action.<\/p>\n

Meme coin Status <\/strong><\/h3>\n

The first factor behind Smog’s good performance is its charm as a meme coin. In 2022 and early 2023, meme coins proved themselves good assets to buy during the crypto winter<\/a>. The burst of profit they provide and the parabolic gains they are able to achieve within a short time are found appealing by most investors.<\/p>\n

\"Meme<\/p>\n

Another factor that plays well into Smog’s meme coin status is its affordability. These assets are always under $1<\/a>, which makes them suitable for investors who are apprehensive about this particularly volatile asset class.<\/p>\n

Long-Term Utilities<\/strong><\/h3>\n

Meme coins don’t often talk about having any long-term utility. In Smog’s case, however, it is not the case. The airdrop gamification, its key utility, may seem like a short-term perk, but it can have long-term consequences for the project.<\/p>\n

For one, there are multiple airdrops planned, which will likely keep investors glued to their holdings to get a bigger piece of the airdrop. Secondly, the tasks involved with acquiring the airdrop are driven towards making the community stronger.<\/p>\n

\"Smog<\/p>\n

The tasks come in several categories. There are onboarding tasks that involve sharing Smog’s social media handles to bring more people to invest in this project. Also, there are daily quests to establish regular engagement on social media.<\/p>\n

Other tasks involve trading $SMOG tokens or posting tweets about it. There are also quizzes as well as “Read and Rewards.” So far, over 100k quests have been completed. Each competition will bring more people to check out the Smog token.<\/p>\n

The versatility of the tasks will keep the engagement strong, the community stronger, and the relevance of the Smog token up. Hence, buying Smog<\/a> may bring long-term profits to early movers.<\/p>\n

Bitcoin Halving and Bull Run<\/strong><\/h3>\n

The third factor that will determine how well the Smog token fair is the performance of the entire crypto market in general. While there was a time when people were wondering whether Bitcoin was a good investment, the recent bullish price action of the world’s leading crypto has shown otherwise.<\/p>\n

\"Crypto<\/p>\n

Bitcoin has crossed the $50k threshold, making the entire crypto community believe in the asset again. Without a doubt, this factor has propelled investors to start buying crypto<\/a> – Smog included. Smog’s recent victory by achieving over $52 million market capitalization can be attributed to Bitcoin’s price action.<\/p>\n

In 2024, we have to look at the upcoming halving to see the impact of people’s reaction to Bitcoin on Smog.<\/p>\n

CEX Listing<\/strong><\/h3>\n

Now that Smog has exceeded $100 million in market capitalization, it won’t be long for leading centralized exchanges to come and list the asset. According to Jacob Bury, Smog’s listing on a CEX<\/a> will expose it to a wider audience, further boosting its value.<\/p>\n