The Shiba Inu (SHIB), Dogecoin (DOGE), Pepe (PEPE), and Dogwifhat (WIF) prices have been skyrocketing in recent sessions due to euphoric sentiment in the Bitcoin market. These meme coins have seen an increase of 100-400% each in the past seven days, pushing PEPE and WIF to market caps of $3 billion and $1.3 billion respectively. DOGE and SHIB have also hit market caps of $25 billion and $18.5 billion. However, with such bloated market caps, Dogecoin and Shiba Inu may struggle to see significant further gains. Meanwhile, lesser-known coins like PEPE and WIF could potentially rally by up to 10x. For those investors looking for 100x gains, the search for obscure meme coins is underway.
Recently, a new meme coin called Smog ($SMOG) has emerged as a potential dark horse in the meme coin market. This Solana-based token has gained a lot of attention since its launch on a DEX, reaching a market cap of over $80 million in just one month. With $2 million in organic liquidity and nearly 50,000 token holders, Smog is making waves in the cryptocurrency space. The coin has caught the eye of many traders, evident from its strong presence on social media platforms like Twitter, Telegram, and Discord.
One of the reasons for Smog’s popularity is its exciting airdrop, which it dubs as Solana’s most significant airdrop to date. Traders can qualify for the airdrop by either buying and holding $SMOG on Solana or staking the token on Ethereum. Given the recent buzz around Solana airdrops, there is potential for Smog to attract significant interest in the upcoming weeks. Experts are starting to take notice of Smog’s potential, with some predicting substantial gains for the token.
Notable cryptocurrency analysts like Jacob Crypto Bury and Franklin Emmanuel have weighed in on the potential of Smog (SMOG). Jacob Crypto Bury believes that the token could deliver 100x gains, highlighting the optimism surrounding Smog’s future. On the other hand, Franklin Emmanuel goes a step further by proclaiming that Smog has the potential to become the most significant meme coin of all time. These endorsements from experts are adding to the growing hype surrounding Smog and its potential for substantial growth in the meme coin sector.
It is crucial to remember that cryptocurrency investments come with inherent risks. While experts may provide insights and predictions, investing in meme coins like Smog (SMOG) should be approached with caution. This article is for informational purposes only and does not constitute investment advice. Investors should conduct thorough research and consider their risk tolerance before making any investment decisions in the highly volatile cryptocurrency market.