Coins built on the public and decentralized blockchain platform Solana network have been making investors happy lately.
With the research published last week, analysts who said that the Bitcoin price would have difficulty in making an upward move, but that Solana had the potential to rally, were right.
Research company Wolfe Research stated that different currencies may enter the crypto arena in the short term and Solana is likely to make an upward break.
According to The Block data, the Solana network, which grew by 30 percent in January compared to December and reached a historical peak with a transaction volume of $ 1 trillion, has rallied again in the last 7 days. According to CoinMarketCap data, Solana (SOL) has increased by over 8 percent in the last week.
Solana, whose value increased by 337 percent in 1 year, also brought an exit to the tokens built in this network. Among the 10 most popular tokens on the Solana blockchain, the top three were SIN, SMOG and CROCO.
Solana-Based Smog Token Debuts Fast
SMOG, which is in the top 3 among Solana blockchain-based projects, made a rapid entry into the crypto arena. The project, which was launched on February 7, managed to become one of the most popular meme coins from the very first day.
According to Birdeye data, SMOG reached a transaction volume of 1.62 million dollars in the last 24 hours. Investors interested in the project, which experienced an 856 percent increase in 24 hours, buy smog tokens He literally lined up for it.
The number of people who purchased Smog tokens in the 24-hour period exceeded 1100. The number of views of the Solana-based meme coin project has increased by more than 79 thousand percent in the last 24 hours, according to available data.
Let’s examine this meme coin project inspired by the world of Tolkien.
Smog Token: One Meme Coin to Rule Them All
Smog token, which is offered for sale with the SMOG token, appears as a Solana-based SPL token. As soon as we look at the logo of the project, Smaug, the cruel dragon of Middle Earth from the world-famous series The Lord of the Rings, comes to mind.
Inspired by the dragon of the Tolkien universe, known for its treasure, the slogan of the Smog token project includes a reference to perhaps the most famous sentence of The Lord of the Rings. Similar to the line “One ring to rule them all”, Smog token is launched as “One meme coin to rule them all”.
SMOG token, which increased rapidly as soon as it was launched and increased by more than 800 percent in the last 24 hours, has a token supply of 1 billion 400 thousand units. 50 percent of this supply is allocated to marketing, 35 percent to airdrop rewards, 10 percent to CEX listings, and 5 percent to DEX liquidity.
Investing in the project and buy smog tokens Crypto enthusiasts who want to can participate in this rally, which has the potential to generate income in a short time, especially in SOL, USDT and BONK.
Smog, which is among the trending coins in Dextoolsapp, Dexscreener and Birdeye, is making a name for itself with its rise. SMOG, which is offered for sale at $ 0.001419, is sold at $ 0.02041 as of the time this article was written.
Investors Are Excited for Smog Airdrop Event
The Smog token team, which managed to become one of the most popular meme coin projects as soon as it stepped into the crypto world, promises the most magnificent airdrop event ever. Crypto enthusiasts who want to participate in the airdrop event and have a chance to win prizes must complete a number of tasks.
Smog airdrop is a priority to participate in the event, of course. buy smog tokens It is necessary. SMOG owners increase their chances of winning by completing the tasks shared on the airdrop page.
For initial participation, it is necessary to follow the project’s Twitter, Telegram and Discord accounts. Participants then complete another set of tasks on a daily basis. Among these tasks, simple tasks such as daily website visits stand out. The number of participants in the airdrop event so far already exceeds 300.
According to the road map of the project, there are 3 stages. The first stage includes topics such as airdrop research, staking construction and social activation. When we move on to the second stage, the airdrop event begins and token burning opportunities are evaluated.
There is talk of the possibility of more airdrop events in the last, third phase of the project. The project team continues to work intensively to keep the community’s excitement at a high level according to the road map.
How to Buy SMOG Tokens?
Investors who want to purchase Smog tokens can make transactions by connecting their Solana compatible crypto wallet via Jupiter. To purchase Smog, participants can choose SOL, USDT, BONK or another option.
After purchasing the token, participants can join the Zealy community and queue for the airdrop event. The more tasks participants complete, the higher the score they earn.
According to the information on the project page, the Smog team also states that they will offer some extra rewards to early participants, whom they call Early Dragon Slayers.
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