Smog is a new meme coin in the crypto space with the avatar of a friendly green dragon. It operates on the Solana blockchain. The coin maintains a unique culture and rewards the members who participate in the community.
This article explains everything you need to know about the Smog meme coin. I will explain the key features of the cryptocurrency, its token economics, past price performance, and future forecasts.
In the end, I will also tell you where and how you can buy this comparatively new meme coin. Let’s get started without any further ado!
SMOG Community
Smog encourages community engagement on social media by rewarding the members for interactions and participating in quests and on-chain activities like staking. Smog’s recent airdrop was facilitated by Zealy.io.
SMOG Tokenomics
The total supply of SMOG is 1,399,999,968, which is also the maximum supply of the token. At 778,999,968 SMOG, over half of the tokens are in circulation.
During the initial distribution, 35% of the tokens were airdropped to boost community engagement, 50% of them were reserved for marketing, and 10% and 5% were allotted for CEX and DEX launches.
SMOG Past Performance
Launched in the second week of February, Smog started trading at $0.0484. In the first week of March, the token started to gain traction and joined the ongoing crypto bullrun. SMOG hit an all-time high of $0.384 on Friday.
At the time of writing, SMOG is traded at $0.2975, which is around 12% up from yesterday. The total market capitalization is $232 million. The 24-hour trading volume stands at $3.8 million.
SMOG Price Prediction
Technical analysis by our expert team suggests that the market is currently bullish about SMOG and the Fear & Greed Index scores 81 signaling extreme greed. Smog recorded 15 of the last 30 days (50%) in the green region with an 80.12% price volatility.
2024: According to our current Smog price prediction, the price of Smog is predicted to rise by 31.19% and reach $ 0.3774 by next week.
2025: The next year, the price of Smog is expected to fall in the range of $ 0.2877 to $ 1.3949. If the upper price target is reached, the potential return is 372.98%.
2030: Coming to 2030, the price of SMOG is expected to fall between $ 0.7650 on the lower end and $ 1.2403 on the high end. If we compare this with today’s price, this will translate into a 334.61% return on investment.
Where to Buy SMOG?
Owing to the novel nature of this meme coin, if you are planning to buy the Smog token, you do not have a lot many options to choose from. You can get them from Raydium, Orca, or Jupiter.
How to Buy SMOG?
- First, you’ll need a digital wallet that supports the Solana platform. MetaMask will do just fine.
- Go to the Smog website and click the ‘buy smog’ button on the homepage. You will be redirected to a website called Birdeye.
- Navigate to the Jupiter widget on Birdeye to trade your preferred crypto for Smog.
Conclusion
2024 saw plenty of new meme coins and Smog has been one of the most promising ones among them. In the last week, the cryptocurrency has been a crowd-favorite among investors.
Since launch, Smog price is already up by about 500% and all our experts are bullish about this meme coin’s future.
All being said, I would like to reiterate that the crypto market is extremely volatile and market sentiments can have large impacts on the price of crypto assets, regardless of their underlying value.
The reader is advised to do their research before diving into such investments. Moreover, I encourage you to stay away from leveraged investments and complex financial instruments.
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