Despite a brief network outage on Feb 6, the Solana price remains resilient – reclaiming $100 the next day – and new meme coins continue to be launched on the popular blockchain daily.
Solana is currently the top trending crypto topic on CoinMarketCap and Jupiter (JUP) is the tenth most trending token, up 15% in the past day following its successful $700 million airdrop to almost one million Solana wallets.
One of the latest new coin listings on the Solana chain, Smog (SMOG), is also making headlines with its free airdrop and price rise into the top crypto gainers and hot pairs on Solana.
🔥 Smog has just entered Solana Dextools hot pairs
— CryptoTrending (@DexBotOG) February 7, 2024
New Solana Meme Coin Smog Trends
Smog token went live at 16:00 UTC on Feb 7, in an apparent stealth launch as little is known yet about the team and no presale took place.
Traders are always on the lookout for the next Bonk, Dogwifhat or Myro, and the project’s Twitter handle states $SMOG aims to disrupt ‘the entire #memecoin world’.
— SMOG (@SMOGToken) February 7, 2024
The project’s socials and Litepaper also promise the ‘greatest airdrop in history, distributed on the Solana blockchain’.
The mechanics of that airdrop have been highlighted on leading crypto media publications such as CryptoNews and on YouTube.
Top Crypto Gainer Today
Smog is currently the #5 top crypto gainer today on the Solana chain following an over 1300% pump, according to DEXTools’ daily gainers list.
$SMOG has higher liquidity than the other top gainers, with $740k locked via Team Finance.
The new Solana meme coin currently has a live market cap of just under $1.5 million and FDV of $28 million with over 1,000 holders and a 24 hour trading volume of $1.3 million on launch day.
35% of the Smog token supply is set aside for airdrop rewards, awarded to community members that carry out tasks tracked on the project’s Zealy questboard.
Find the full roadmap and how to take part in the free airdrop at smogtoken.com.