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The Solana based meme coin $SMOG recently completed the first round of its airdrop on April 3, 2024, reaching an estimated value of $1 million. The price also rose by around 30 percent in the last 24 hours.
Participants in the airdrop had the opportunity to choose from a range of quests to receive free tokens. The $SMOG airdrop rewards were awarded based on each participant’s contribution to various activities offered exclusively on the Zealy platform.
Activities ranged from inviting friends to posting comments on the Smog community page CoinMarketCap to visiting the Smog website. There were a variety of ways to participate, including the option to earn additional XP points by creating and sharing a video on TikTok.
New members of the $SMOG community still have the chance to increase their XP and actively participate.
New airdrop season on Zealy: Buy, hold and trade SMOG now
In the first phase of the airdrop, on-chain actions such as purchasing and holding tokens were excluded. However, this will change with the start of the second round on April 4th, where these activities will play a central role and will receive a higher rating compared to other tasks.
To further increase awareness of Smog, the second round will focus on spreading the hashtag #SmogSwap.
Of particular note, the upcoming round will award XP points for purchasing, storing and trading $SMOG tokens since its launch. So it’s time for new and existing community members to increase their holdings on Birdeye.
In addition to on-chain activities, the Smog Token team plans to reset the Zealy rankings, providing all participants with a level playing field for the top positions. New questlines specific to the second phase will be introduced to provide the community with fresh ways to earn XP throughout the campaign.
SMOG als neuer Must-Have Solana-Meme-Coin
Despite recent market fluctuations, meme coins continue to see massive overarching price increases. Over the last 24 hours, Solana-based Dogwifhat gained 24 percent, while $MYRO saw a 16 percent increase. However, $SMOG leads the field with an impressive increase of around 30 percent.
The total value of the meme coin market is now $55.6 billion, growing 8.9 percent in one day.
Solana, as the leading Layer 1 blockchain, is particularly in the focus of investors looking for exceptionally high profits at the beginning of the altcoin season. Meme coins on Solana – that works in 2024.
As attention to $SOL increases, $SMOG finds the perfect time in the market and highlights the opportunities that come with it.
In addition to reserving 35 percent of the total token supply for the airdrop, the Smog team is pursuing a multichain strategy to maximize its reach. After debuting on DEXs, a bridge and Ethereum were quickly established to reach a broader target group through PortalBridge.
It’s hardly surprising that smog is attracting the attention of savvy investors.
Over 100,000 meme coin fans hodl SMOG
According to DappRadar, Solana leads based on transaction volume, making it the most heavily used blockchain of the past week – with 74 million transactions registered, compared to Ethereum with 1.26 million.
Through its airdrop campaign, which incorporates playful elements, Smog is building a mysterious and engaged community around the theme of dragons.
Data from Brideye shows that $SMOG reached a fully diluted market cap of $318 million in a month, acquired more than 102,503 owners, and recorded over $1 million in 24-hour trading volume in the Raydium liquidity pool.
After the significant price increase of Dogwifhat, another Solana-based meme coin, all eyes are now turning to Smog.
The popularity of SMOG is constantly growing, and at the same time, Smog’s online community has developed rapidly – now with almost 50,000 followers X/Twitter, around 20,000 Telegram and more than 10,000 on theirs Discord-Server.
There are currently 16,000 airdrop participants taking part in the various tasks on Zealy. With the announcement that $1 million worth of prizes were awarded in the first round of the airdrop, expect the Zealy community to grow even faster.
Buy SMOG now and stake for 42% APY – Attractive discounts and airdrop
Interested parties have the opportunity to purchase $SMOG to purchase and stake directly via the Smog website over-the-counter (OTC). Investors who choose this route benefit from a 10% discount and can expect an annual return of 42 percent. The staking activities take place on the Ethereum blockchain.
To ensure smooth integration into the Smog ecosystem, a wallet compatible with Solana is required.
Investing in SMOG can be done using SOL, USDT or BONK tokens through platforms such as Jupiter DEX-Aggregator or Birdeye be made.
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