Smog Price Forecast Surges Following 70% Increase, Potential Upcoming Binance Listing?

Traders are speculating whether this Solana meme coin might emulate DogWifHat following a notable 70% surge in price.

According to SMOG’s price analysis, there are still buying opportunities available, and there is widespread speculation that a potential listing on Binance could trigger additional increases.

This article will analyze the recent price trends of SMOG and explore whether it is on the brink of a parabolic price forecast amid rumors of a CEX launch.

this is massive…..going higher. more to come$SMOG, #SMOGSOAR and #ATH pic.twitter.com/Hzal540GyL

— Okenwa001 (@Okenwa110) March 8, 2024

The sentiment within the crypto community has become exuberant regarding the rapid rise of SMOG tokens, which have reached an astonishing market cap of $287 million. However, with the project poised for significant advancements, many are now questioning whether SMOG has the potential to become the next BONK – let’s take a closer look.

SMOG Price Analysis: As Rising Solana Meme Coin Smog Token Hits New ATH – Could it Be The Next DogWifHat?

Currently, SMOG is experiencing a robust price action with a -5% local retracement following its all-time high, trading at a market price of $0.364 (indicating a 24-hour change of +28.4%).

This follows a significant breakout of the SMOG token from consolidation above a higher support level around $0.31, showcasing a remarkable +15% increase within 2 hours.

With SMOG’s all-time high now recorded at an impressive $0.38, it is evident that SMOG has established itself as one of the leading Solana meme coins.

Indeed, SMOG is currently ranked as the 4th largest Solana meme coin by market capitalization.

Despite reaching an all-time high, the buying pressure supporting the upward movement remains robust, with purchases constituting 55% of transactions in the last hour. The markets appear to be maintaining momentum, with a frenzied $6.51 million in trading volume over the past 24 hours.

This indicates that the SMOG token is likely to continue its upward trajectory in the near term; however, it is important to note that after such a vigorous movement, a price correction would be a healthy adjustment for the technical structure.

Nonetheless, now positioned as the 4th largest Solana meme coin, it seems that SMOG could experience a parabolic rise towards the top 3 status.

(SMOG – Blue, WIF – Orange)

Consider the leading Solana meme coin, DogWifHat (WIF), which has experienced a meteoric rise to surpass BONK as the top contender in recent weeks.

The WIF token now boasts an astonishing market cap of $2,141,108,381 – indicating that substantial value accumulation still lies ahead for SMOG’s price.

If the airdrop token were to achieve a similar market cap, it would signify an extraordinary 7.7x return from current price levels – a scenario that is not implausible under current market conditions.

Moreover, there are compelling reasons to believe that SMOG is positioned for such growth, stemming from its distinctive offering that differentiates it in the meme coin market.

What Is The SMOG Airdrop Campaign?

Designed from the outset to incentivize and reward long-term holders, promoting the rallying cry “No meme coin can survive the fiery flames of SMOG.”

On a utility level, the SMOG token provides holders access to the exclusive ‘The Dragon’s Court’ crypto community – making their wallets eligible to partake in a high-energy community adventure centered on airdrops.

Fostering community engagement is at the core of this ambitious initiative, propelling SMOG’s ascent towards achieving unparalleled virality within the Solana meme coin landscape.

To participate, individuals must acquire and hold the SMOG token, allowing them to accumulate airdrop points.

While the specific details of the rewards remain undisclosed, the airdrop campaign is set to be unprecedented on Solana.

Additionally, to enhance earnings, holders can take advantage of a community bounty throughout the campaign, further encouraging loyal holding.

How To Join The Loyal 10,000 Army and Enter The Dragon’s Circle?

Prospective investors interested in joining the airdrop campaign will need to begin by establishing a Solana-compatible wallet (Phantom is recommended).

Once the wallet is funded with either SOL, USDT, or BONK tokens, users can exchange for SMOG via the Jupiter DEX aggregator or Birdeye.

$SMOG One #Memecoin To Rule Them All

Buy or stake ERC-20 $SMOG tokens through our website for 42.0% APY.

Tokens staked are locked for 90 days, with rewards withdrawable throughout.

All tokens purchased through the site will be automatically staked.

Link in bio! pic.twitter.com/Y98lZcjuk6

— SMOG (@SMOGToken) February 10, 2024

To maximize the chances of joining the loyal 10,000 – which will enhance airdrop earnings, participants are encouraged to complete quests from the community tasks list on Zealy.

Engage with the community on X (Twitter), Discord, and Telegram to stay updated on any news or announcements.

For further information, refer to the Litepaper.

Buy SMOG Here

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