Smog, a top Solana airdrop token, announces Season 1 finale with a $1 million giveaway, sparking 28% price increase as Season 2 gears up for more rewards and community building.
In recent cryptocurrency news, the closure of Season 1 for the Solana-based meme coin, $SMOG, has been announced, scheduled for April 3rd, 2024.
This development has led to a notable 28% increase in the token’s price, reaching $0.2253. The conclusion of Season 1 brings with it speculations of a $1 million airdrop value.
Participants in the $SMOG airdrop can engage in various quests offered on Zealy to become eligible for free tokens. These quests range from inviting friends to join the airdrop to interacting with the Smog community page on CoinMarketCap.
Notably, participants can earn additional XP points by creating and sharing videos on platforms like TikTok.
As attention shifts towards Season 2, set to commence on April 4th, the focus will be on activities such as buying, holding and swapping $SMOG tokens, which will carry significant weight in airdrop rewards.
Season 2 aims to further elevate the profile of Smog, with an emphasis on promoting the hashtag #SmogSwap.
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The surge in $SMOG’s price reflects the ongoing excitement surrounding meme coins, despite recent market corrections. Solana-based meme coins, including $SMOG, have experienced significant growth, contributing to Solana’s overall market cap reaching $91 billion, making it the third most valuable coin by market cap, excluding stablecoins.
The success of $SMOG can be attributed to its innovative approach, including a generous allocation of 35% of its token supply for airdrops and a multichain strategy that bridges the token to Ethereum. Endorsements from influential figures and robust on-chain activity have further bolstered investor confidence in the project.
In conclusion, the closure of Season 1 for $SMOG’s airdrop marks a significant milestone in the token’s journey, with Season 2 expected to bring new opportunities for community engagement and rewards.
As Solana meme coins continue to attract attention, $SMOG stands out as a notable player in the meme coin arena.
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In related news, the recent listing of another Solana-based meme coin Book of Meme (BOME) on Binance has underscored the significance of exchange listings in driving price movements for meme coins.
The success stories of BOME and $SMOG highlight the importance of timing and strategic decisions in navigating the cryptocurrency market.
