Crypto News – In early 2024, the meme coin market is still well-liked, and a brand-new currency dubbed Smog, based in Solana, is attracting attention.
A New Meme Coin SMOG Crypto Is Sparking with a 22% Increase
Since its launch earlier this week, SMOG has increased by over 1,000%, drawing optimistic price projections from well-known cryptocurrency speculators. Since its February 7 introduction on the Jupiter DEX, the value of SMOG has skyrocketed. According to data from Birdeye.so, trading volume reached an astounding $1.2 million on the previous day alone.
Furthermore, 1,780 traders interacted with the token in the last 24 hours, a 67% rise from the day before. 10,400 distinct SMOG holders exist as of right now, which is amazing given that the token is only two days old. Because SMOG tokens deviate from the common dog theme featured in most meme currencies, investors have been lining up to purchase them.
Lots of Good Reviews for SMOG Already
In light of the tokenomics of the project, the SMOG team has allocated funds for marketing, exchange listings, community airdrops, DEX liquidity, and additional airdrops. SMOG has set lofty objectives in its roadmap, including the introduction of a token burn procedure and the achievement of 100,000 unique holders. More than 10,000 individuals have already followed the official SMOG Twitter profile, indicating that the currency has gained traction among investors.
Prominent cryptocurrency traders are taking notice of SMOG’s explosive launch on YouTube. In recent videos, a number of well-known traders have emphasized the token’s potential and projected a 50x (or greater) upside for the volatile meme currency. In a video posted barely a day after the token’s introduction, Jacob Bury referred to SMOG as a “100x potential Solana meme coin.”