Bitcoin, the leading cryptocurrency, has started to rise rapidly. Bitcoin price, which rose above 48 thousand dollars, has grown by over 100 percent in the last 1 year.
According to current CoinMarketCap data, BTC price grew by 121 percent in 1 year. Bitcoin, which started to climb rapidly, first exceeded the level of 47 thousand and then 48 thousand dollars. BTC, which is traded at its current price of 48 thousand 180 dollars, caused activity in the cryptocurrency market.
The reasons for the increase in the Bitcoin price include the approval of spot Bitcoin ETF applications and the interest rate decisions of central banks. It is stated that the BTC price has increased as a result of the increase in money inflows to cryptocurrencies due to the approach of the period when central banks will cut interest rates.
It is said that halving, also known as halving, has an impact on the rise of Bitcoin. It is stated that especially institutional investors see BTC as a safe haven and are considering investing before the halving of Bitcoin mining rewards.
The rise of the leading crypto Bitcoin has also increased the total market value of the cryptocurrency market. While the market value of BTC exceeded 945 billion dollars, the market value of the cryptocurrency market increased to 1.7 trillion dollars.
Despite the rise, Bitcoin is trading well below the record high of $69,000 in 2021. While some investors expect BTC to rise further, even the current price remains quite high for small investors.
Investors who want to enter the cryptocurrency market or evaluate their assets focus on projects that will generate income in the short term. SMOG token, which rose rapidly after its listing, is among the projects that managed to attract the attention of investors.
Solana-Based Smog Token Entered the Top 3
Smog token, built on the Solana network, which grew by 30 percent in January compared to December, attracts the attention of investors with its performance.
SMOG, which managed to enter the top 3 among the 10 most popular tokens on the Solana blockchain, broke a record by reaching a transaction volume of 1.62 million dollars in the first 24 hours.
Investors who showed interest in the project increased by 1300 percent in 24 hours after its launch on the Solana-based Jupiter decentralized exchange (DEX). buy smog tokens He literally lined up for it.
Promising an unprecedented airdrop event, the project team entered the radar of the Solana community. Aiming to stand out among meme coins, SMOG managed to make a name for itself from the very first day.
New Meme Coin Smog Focuses on Community
The SMOG project, a Solana-based SPL token, is centered around community. Inspired by the Middle-earth dragon Smaug in The Lord of the Rings, the project is being released simultaneously with the Chinese New Year, which begins on February 10, 2024. As we transition into the Year of the Dragon, the project team adopts the dragon theme with a clever strategy.
Knowing that there is a strong community behind the popularity of tokens such as PEPE and BONK, which are successful meme coin projects, the Smog team aims to create a deep-rooted community with a detailed road map and airdrop rewards.
The team promises a unique reward with the Airdrop event. Buying Smog tokens It aims to encourage investors in this regard. SMOG, which attracted attention by making 1300 percent on the first day, seems to be achieving this goal.
Investors must first own SMOG tokens to participate in the airdrop event. Airdrop tasks include interactive tasks such as daily website visits and following SMOG social media accounts.
What You Need to Know to Buy Smog Tokens
Acting with the slogan “One meme coin to rule them all”, Smog offers various opportunities to investors.
Dragon-themed meme coin Smog coin has a total supply of 400 thousand tokens. 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.
Among the trending coins on Dextoolsapp, Dexscreener and Birdeye buy smog tokens Investors who wish can invest by choosing SOL, USDT, BONK or another option.
Investors who purchase SMOG have the opportunity to win unique rewards by completing the tasks required for the airdrop event. The more tasks SMOG token holders who join the Zealy community complete, the more points they have the chance to earn.
There are three stages in total in the road map of the Smog project. In the first phase, the project team focuses on staking construction and social activation. The team, which initiated the airdrop event in the second stage, is also evaluating the possibilities of burning tokens.
The third and final phase of the Smog token roadmap focuses on different ways to encourage community. The project team wants to strengthen its ties with the Smog community by organizing more airdrop events.
The first investors who purchased Solana-based Smog tokens are called Early Dragon Slayers. The project team states that it is planning a series of extra rewards for early investors.
SMOG token, sold on the decentralized blockchain Solana-based Jupiter DEX, is sold at $0.0725 at its current price.
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