Smog Token Season 1 Airdrop Ends with $1 Million Value
Monday, March 18th, 2024 – The highly anticipated Season 1 airdrop of the new Solana meme coin, $SMOG, is set to conclude on April 3rd, 2024. The airdrop is expected to have a speculated value of $1 million, which has already caused a 28% increase in the price of $SMOG to $0.2253.
To participate in the airdrop and receive free tokens, there are various quests available on Zealy that users can choose from. The rewards for the airdrop are based on the level of participation in these quests, with Season 1 exclusively focused on Zealy involvement.
The quests range from inviting friends to join the airdrop to writing comments on the Smog community page on CoinMarketCap or simply visiting the Smog website. Users can also create videos to boost their quest scores, which are measured in XP points. They can even send these videos to TikTok for additional XP points.
If you’re new to the $SMOG community, don’t worry! There’s still plenty of time to accumulate XP scores and participate in the airdrop.
Zealy Season 2 Launches with Exciting Changes
The upcoming Season 2 of Zealy will introduce some significant changes to the airdrop. Unlike Season 1, Season 2 will take into account on-chain activity such as buying and holding $SMOG tokens. Buying and holding will carry more weight in the airdrop compared to other quests.
In addition to buying and holding, Season 2 will also focus on promoting the hashtag #SmogSwap. The airdrop rewards will be based on buying, holding, and swapping $SMOG since the token launch date, giving community members an opportunity to earn more XP. To take advantage of this, it is recommended to buy $SMOG tokens on Birdeye now.
To level the playing field and give everyone a fresh start, the Zealy leaderboards will be reset for Season 2. The team behind Smog Token will also introduce new community questlines for Season 2, providing a fair starting point for earning XP during this season.
$SMOG Leads the Pack of Solana Meme Coins
Meme coins continue to gain popularity and experience price surges, even amidst recent corrections. While other Solana-based meme coins like Dogwifhat and $MYRO have seen significant increases in their prices, it is $SMOG that is currently leading the pack with a 28% surge in its value.
The overall market capitalization of meme coins stands at $55.6 billion, with an 8.9% increase in the past 24 hours at the time of writing. Solana’s blockchain has garnered attention as market participants seek out high-return opportunities during the early stages of altcoin season.
Solana’s popularity is further fueled by meme coin launches like Smog Token, which have generated increased on-chain activity and contributed to Solana’s rising price. With a current price of $207 and a market cap of $91 billion (excluding stablecoin Tether), Solana has become the third most valuable coin by market cap. This creates a favorable environment for dragon token $SMOG to thrive and capitalize on the growing interest in Solana.
In addition to the airdrop, where 35% of the token supply has been allocated, the Smog Token team has taken a multichain approach by bridging to Ethereum shortly after its fair launch on DEXs. This move has expanded Smog’s audience reach and attracted the attention of many knowledgeable investors.
Smog Token Gains Traction with Over 102,000 Holders
For those who are still on the fence about investing in Smog Token, the data from DappRadar should provide some compelling insights. In the past seven days, Solana has been the busiest blockchain in terms of transaction volume, recording 74 million transactions compared to Ethereum’s 1.26 million.
Since its launch a little over a month ago, $SMOG has achieved a fully diluted market capitalization of $318 million and garnered over 102,503 holders. Its trading volume in the Raydium liquidity pool has exceeded $1 million in the past 24 hours, according to Brideye data.
While other Solana meme coins like Dogwifhat have experienced price surges, all eyes are now turning to Smog as the one to watch. Starting at a low price of $0.001419 on DEXs, Smog Token is currently valued at $0.2253, representing a staggering 15,777% increase. Buyers from China and other parts of Asia are believed to be among the biggest investors in Smog Token, possibly drawn to its alignment with the Year of the Dragon.
The growing traction of Smog Token is reflected in its rapidly expanding social media following. The online community for Smog has grown to 45.6k followers on Twitter, 18,659 members on Telegram, and 13,040 members on Discord.
Furthermore, there are currently 16,000 airdrop members participating in the quests on Zealy. As news spreads about the $1 million distribution in Season 1 of the airdrop and the lucrative rewards in Season 2 starting from April 4th, the Zealy community is expected to experience accelerated growth.
Buy and Stake Smog for Great Returns
If you’re interested in investing in Smog Token and want to maximize your returns, you have the option to buy and stake $SMOG over-the-counter (OTC) through the Smog website. By choosing this method, you can enjoy a 10% discount and earn an annual percentage yield (APY) of 42%. The staking process takes place on the Ethereum blockchain.
To fully participate in the Smog ecosystem, users will need a Solana-compatible wallet such as Phantom. With SOL, USDT, or BONK tokens, users can purchase $SMOG via the Jupiter DEX aggregator or Birdeye.
In conclusion, the Season 1 airdrop of Smog Token is coming to an end with a speculated value of $1 million. Season 2 brings exciting changes and opportunities for participants to earn more rewards by buying, holding, and swapping $SMOG tokens. With its impressive performance and growing community, Smog Token is leading the pack of Solana meme coins. If you’re looking to invest, consider buying and staking $SMOG for great returns. Don’t miss out on this chance to be part of the Smog ecosystem!
Hot Take: Smog Token Continues to Soar
As the Season 1 airdrop of Smog