Meme coins surge, led by Dogwifhat and newcomer Smog, as Bitcoin and altcoins rally.
Amidst a surge in cryptocurrency prices, meme coins are witnessing unprecedented gains, with notable increases seen in Dogwifhat, Pepe, Shiba Inu and newcomer Smog.
Over the past week, Pepe has surged by 325%, Dogwifhat by 418%, Shiba Inu by 128% and Smog by 118%. The market capitalisation of meme coins has soared by 15% in the last 24 hours alone, reaching $46bn.
Leading the rally is Dogwifhat, with a 46% increase in the past 24 hours, reflecting sustained interest in Solana meme coins and signalling potential momentum for Smog.
PepeSol, another newcomer, has seen an extraordinary surge of 1,075%, indicating the growing popularity of Solana-based meme coins.
The surge in meme coins is part of a broader altcoin season, where the market follows Bitcoin’s lead, aiming to catch up with its rapid ascent.
Smog, a SOL meme coin, benefits from its association with Solana, a blockchain witnessing increased activity. Solana’s speed and cost-efficiency compared to Ethereum have attracted meme coin projects like Smog, which leverage the blockchain’s capabilities to foster a unique community through a gamified airdrop campaign.
As a relatively new coin, Smog offers higher potential returns compared to established meme coins like Shiba Inu and Dogecoin. Since its launch on February 7th, Smog has surged by an impressive 7,700%, showcasing its appeal to new investors seeking significant upside potential.
Currently trading at $0.1029, Smog debuted on decentralised exchanges at $0.001419. With over 39,500 holders and liquidity surging to $2.18m, Smog has attracted considerable interest from investors.
BUY AND STAKE $SMOG FOR 10% DISCOUNT
The Smog community, which has rapidly grown to over 31,000 on Twitter, 16,500 on Telegram and 8,504 on Discord, is actively participating in the project’s airdrop campaign. With 14,000 members engaging in quests to earn airdrop points, Smog’s community engagement remains robust.
The surge in Smog’s price and community engagement underscores the growing interest in altcoins, with Bitcoin dominance still at 49.7%. As investors seek alternative opportunities, coins like Smog offer the potential for substantial gains.
In addition to its association with Solana, Smog’s multichain architecture and fair launch have further enhanced its appeal among investors. The project’s commitment to transparency and community engagement has contributed to its rapid growth and widespread adoption.
Smog offers OTC buying and staking options on its website, providing contributors with a 10% discount, a 42% annual percentage yield (APY) and additional airdrop points. The token’s availability on both Solana and Ethereum networks broadens its reach and accessibility, catering to a diverse investor base.
BUY $SMOG NOW WITH ETH, SOL, USDT, USDC, or BONK
In related news, Solana, one of the fastest-growing blockchain networks, has experienced unprecedented growth, reaching a peak unmatched in 23 months. With Solana-based cryptocurrencies witnessing significant gains, the network’s scalability and growing ecosystem continue to attract attention within the cryptocurrency community.
To participate in the Smog ecosystem requires the use of a Solana-compatible wallet such as Phantom.
Using SOL, USDT, or BONK tokens, users can swap for $SMOG via the Jupiter DEX aggregator or Birdeye. Alternatively, buy and stake $SMOG on the Ethereum network at the project website.
Join the Smog community on X (Twitter), Discord, and Telegram to keep up to date with the latest news and updates.
