AI vs. SMOG: Which Solana Meme Coin Will Reign Supreme? 🤔💰

AI Price Analysis New Solana Meme Coin Experiences Significant Price Surge Amid Revival of AI Narrative, but Will Other Coins Outperform in the Pump?

New Solana meme coin ‘AI’ skyrockets 649.38%, prompting traders to explore another coin.

Sam Cooling Source: Sam Cooling

Last updated: February 19, 2024 10:34 EST | 4 min read

As Solana meme coin markets remain supercharged hives of activity amid high ETH gas fees, AI has broken out as the latest major coin pump, but with AI price analysis revealing a potential downturn despite AI narrative – could stacking this other coin offer better returns?

## AI Price Analysis: As New Solana Meme Coin AI Pumps Up – Is Retracement Set to Cut Rally Short? 📈📉
As price action continues to flatline in the chart, AI token is currently trading at a market price of $0.002274 (representing a 24-hour change of +75%).
This follows a magnificent climb over the weekend, which has seen AI price accelerate a whopping +1,200%, after bouncing out of bedrock support around $0.0004710 at midnight on February 18.
Subsequent price action could be described as a multi-leg breakout, with a major support level established between $0.001762 and $0.00115.
However, over the past 7 hours, a hard-fought retracement move has swept into the chart, with the price tumbling a dramatic -49% after hitting an all-time high at $0.00447.
AI Price Analysis: New Solana Meme Coin named AI sees major price growth amid return of AI narrative, but can other coin outperform pump?
It seems likely that amidst the $3.63 million in 24-hour trading volume, tumbling AI price action will bounce at the lower support zone.
Indeed, with an impressive number of more than 10,000 holders, the prospects of a sell-off seem slim, especially with AI’s relatively low market cap at $2.27 million.
A low market cap could see this token unlock supercharged returns from here – with a realistic prospect of a 2x to 4x move from here.
This is supported by a large liquidity pool at $415,000 – dwarfing similar projects. However, investors should be cautious as liquidity remains unlocked and could be pulled.
Buy pressure is still holding strong, representing 62% of transactions over the past hour, suggesting that bulls remain in control for now.
But while the prospect of an AI narrative might bolster a potential 3x return, a new Solana-based airdrop campaign could offer superior returns.

Better Play Than AI Price Analysis? SMOG Token – Defiant New Solana Meme Coin Sets Out to Trigger Viral Airdrop Campaign 🌪️💥

SMOG Token

$SMOG champions the slogan “No meme coin can survive the fiery flames of SMOG,” offering holders access to the elite ‘The Dragon’s Court’ crypto community.

This community aims to achieve unmatched virality in the meme coin domain.

They do this by launching exciting, interactive, and continuous multi-airdrop campaigns to playfully engage users.

To participate, individuals must purchase and retain $SMOG, which allows them to earn airdrop points. Although the exact rewards and specifics of the airdrop campaigns are yet to be revealed, the sense of anticipation is growing.

Moreover, $SMOG holders can benefit from a community bounty produced by the campaign, further incentivizing the retention of their holdings.


SMOG Token Aims To Unlock Major Virality Through Airdrop Campaign Community – Huge 50% of Token Supply Designated for Marketing 🔥📈

SMOG Token

The Smog project’s tokenomics highlight the team’s commitment to achieving viral success for their airdrop campaign.

Developers have earmarked a significant 50% of the supply for marketing, showcasing their ambitious plans.

They have reserved a significant 35% of the supply for future airdrop rewards, highlighting the promise of attractive prizes.

Efforts to decrease the circulating supply position the SMOG token for a stronger start compared to previous Solana meme coin surges like BONK, which has seen an impressive +862% year-to-date (YTD) gain despite its pullbacks.


Discover The Dragon’s Lair: Exploring Smog Token’s Extensive Plans to Beat AI 🐉🗺️

SMOG Token

The project’s future is outlined in a detailed roadmap, showcasing several exciting milestones.

Key highlights include the introduction of a staking feature, suggesting upcoming airdrop initiatives. Additionally, discussions of a potential burn mechanism and plans for multiple future airdrop launches are noteworthy.

Uniquely, the project also lists the milestone target of achieving 10,000+ so-called ‘Loyal Chosen’.

Joining this exclusive and enigmatic group requires selection and a pledge to the SMOG realm via several community initiation rituals. This commitment comes with the promise of enhanced airdrop rewards.


How to Buy SMOG Token and Participate in SMOG Airdrop Campaign? 🛒🌟

In order to participate in the SMOG airdrop campaign, traders will need to use a Solana-compatible wallet such as Phantom.

Then, using SOL, USDT, or BONK tokens, users can swap for Smog via the Jupiter DEX aggregator or Birdeye.

To improve your likelihood of selection for the Loyal Chosen and enhance your airdrop earnings, engage in completing the community task list on Zealy.

Join the Smog community on Twitter, Discord, and Telegram to stay tuned with the latest news and updates.

Explore the Lite Paper to find out more. 📄

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.


Q&A

Q: Is it advisable to invest in meme coins like AI and SMOG? A: Investing in meme coins, especially on Solana, can be highly volatile and risky. While they can provide significant returns, it’s important to approach them with caution and only invest what you can afford to lose.

Q: Are there any other upcoming Solana meme coins worth considering? A: Yes, there are always new meme coins emerging. It’s essential to research and evaluate each project before making any investment decisions. Some upcoming projects to keep an eye on include SQUID, DOGEY, and MEMEY.

Q: How can I track the price movements of AI and SMOG? A: You can track the price movements of AI and SMOG on popular cryptocurrency exchanges or using reliable cryptocurrency tracking websites. Some popular tracking platforms include CoinMarketCap and CoinGecko.

Q: What is the long-term potential of Solana meme coins? A: The long-term potential of Solana meme coins is uncertain. While some coins have seen substantial gains in the short term, it’s important to analyze the project’s fundamentals and community support before considering long-term investments.

Q: Should I participate in airdrop campaigns like the one offered by SMOG? A: Participating in airdrop campaigns can be a fun way to engage with the community and potentially earn rewards. However, it’s crucial to understand the rules and requirements of each campaign before participating. Additionally, be cautious of scams and always double-check the authenticity of the project.


In conclusion, while both AI and SMOG present intriguing investment opportunities in the Solana meme coin space, it’s crucial to conduct thorough research and assess the risks involved. Remember to stay informed, set realistic expectations, and make informed investment decisions. 💪💰


References:

  1. Sam Cooling – Unlikely to Face Second Trial, Say US Prosecutors
  2. New Solana Meme Coin SMOG Explodes with Jupiter DEX Airdrop Campaign
  3. AI’s Current Price Trends
  4. PUTIN Coin
  5. Solana Meme Coin BONK

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

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