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A substantial amount of force propels the vehicle airdropA growing community and strong marketing efforts. Smog Coin is gaining traction in Solana’s community of meme coins, and its price has surged to $0.28.
Smog coin supporters are optimistic. They cite limited supply and the upcoming listing on exchanges as catalysts for future gains. This has led to speculation that Smog coin could be poised to become a major cryptocurrency. next Solana is a big deal.
Is now the time to purchase Smog?
As evidenced by the remarkable price rise from $0.028501, to the current range $0.28-$29, Smog coin is making significant waves within the Solana Ecosystem.
The coin’s impressive growth is often described as parabolic. Some estimate a 36x increase.
The massive rise of the coin has drawn attention from cryptocurrency enthusiasts and influencers. It is now considered a leader among Solana meme currencies. Smog token, which claims to be a major player in the crypto-space, is backed by the “mighty” Solana meme coin. Smog Crypto battlefield: a new king.
Its popularity is a result of this support, as well as a growing community, and endorsements by various influencers. Smog coin is a popular cryptocurrency that has been featured on many reputable platforms, including CoinDesk.com, Bitcoinist.com, Cryptonews.com, NewsBTC.com, etc.
The recognition is a reflection of Smog coin’s impact on the crypto community, which has been further emphasized by frequent discussions between crypto experts in their YouTube channels. These discussions include sharing updates and investment experiences related to Smog coins, reaching hundreds of thousand of followers.
The tokenomics shows a strategic investment designed to boost the coin’s rise. Notably, half of the budget is allocated to marketing. This highlights its critical role in driving recent coin growth.
The remaining 35% is earmarked to be used for a future airdrop. This creates anticipation of a massive distribution among Smog token owners. The remainder 5% will be allocated to Dex liquid, and 10% to centralized exchange liquidity.
Smog coin has a well-balanced and deliberate approach to all aspects of its market. This is evident in this transparent breakdown. You’re interested in discovering memecoins with the highest potentialOur guide provides you with valuable information.
Smog (SMOG) price analysis
The most intriguing part of Smog Its absence from any central exchange, despite a market capital of $214,000,000, is the reason for its success. Notably, the 24-hour volume of trading is $3.97 million with 66,000 holders. That’s a 442% rise in recent weeks.
This sudden surge in popularity is worth noticing, especially when a bullish trend appears on the market. Observing X’s account reveals figures of 37,000 subscribers and 60,000 holders. They maintain an active presence, and receive significant engagement.
As can be seen in the 15 minute timeframe, the coin appears to be consolidating following a period of rapid increase. The stochastic RSI shows oversold conditions that historically preceded substantial upward movements.
The current price of Smog Coin is currently at $0.2879Analysts closely monitor pivotal levels of support and resistance. The support levels are currently $0.142626 ($0.0199605) and $0.235261 ($0.0235261), while the resistance levels are $0.420529 ($0.0384874) and $0.327895 ($0.0327895).
These levels help to predict the future of Smog coin. A breakthrough beyond $0.30 might be a sign of a notable development. For more details, visit the project website here.
Smog (SMOG) price prediction
The crypto community is expecting a breakout of the current $0.28 Smog price, and a significant rise in the next hours.
On the basis of current forecasts it is anticipated that $SMOG will experience a 30.85% rise, reaching $0.361398 before March 15, 2024. Some projections also suggest that $SMOG could reach $1 by March.
#DragonsCan $SMOG How much can you get for $1 after a 60% overnight surge?
1. Yes! 🚀🌕
2. It’s not the same, but it’s close!😅
3. Tomorrow is likely!💼Vote and share your prediction now! #Solana #ATH #Memecoin #SMOGSOAR
— SMOG (@SMOGToken) March 7, 2024
Its status as the next Smog coin is a big meme coin, which has been popularized on Solana. It now also reaches Ethereum, but on a smaller level. The coin’s $10 million market cap is modest despite its presence on Ethereum.
Solana’s popularity may be due to the high transaction costs on the Ethereum network. Ethereum, however, boasts a larger liquidity pool of 6.43 million tokens.
This limited availability on both platforms, and especially on Ethereum suggests that a supply shock could occur in the future. It may lead to a price increase.
Smog coin, with a holder count of more than 60,000 tokens and a total of 1.4 billion, could reach a market capitalization of $400 million in a scenario of full distribution.
The recent surge of new members in the Smog community may fuel a new uptrend for this token and spark excitement among the wider crypto community.
You can join this new exciting project. purchase $SMOG tokens here.
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“This article is not financial advice.”
“Always do your own research before making any type of investment.”
Source: insidebitcoins.com