This Meme Coin Surged More than 100% in 24 Hours
Samoyedcoin price is up 125%, as the Solana blockchain coin joins the meme coin craze
Samoyedcoin (SAMO), claims to be the fastest, most efficient, and most eco-friendly meme coin. It has transformed from a meme coin to an experimental Web 3.0 community coin. Cryptocurrency provides market participants with knowledge, resources, and community. Thanks to Solana blockchain technology, Samoyedcoin (SAMO) has a max supply of 4.75 billion coins which can be transferred within 0.8 seconds. Additionally, SAMO consumes the same amount of energy as a Google search, making it one of the least energy-consuming dog meme coin projects on the market. Inspired by the Samoyed breed, Samoyedcoin (SAMO) is designed to be fun and easy to understand by an average user.
Samoyedcoin price is up 125% to US$0.006544, as the Solana blockchain coin $SAMO joins the meme coin craze. $SAMO is not a new straight-to-decentralized exchange (DEX) crypto that has been all the rage recently.
History of Samoyedcoin (SAMO)
Since 2013, the popularity of meme currencies has risen thanks to celebs like Elon Musk and Snoop Dogg that have joined the crypto meme universe, raising visibility and desirability. SAMO – A blockchain with headquarters in Switzerland, a territory of finance and money – Samoydecoin, ambassador to Solana (SOL) has joined the area of iconic and fun meme coins.
Recognize Samoydecoin from its attractive logo depicting a white, fluffy dog of the same Siberian breed (Samoyed) that co-owner Anatoly Yakovenko loves just as much as he loves developing billion-dollar firms. On Solanart.io, SAMO is available for purchase — For DeFi and Financial Technology, SOL is moving away from Distributed Ledger (as used by SSW) and toward concession-free blockchain technology.
Samoydecoin’s Vision: Accelerate the adoption, development, and growth of the Solana ecosystem.
Samoydecoin’s Mission: Establish Samoyedcoin as Solana’s ambassador by pushing the limits of what’s possible for a Web 3.0 community.
Samoydecoin’s Strategy: Provide market participants with the knowledge, resources, and community to better navigate Solana, crypto, and life.
The platform also plans to add more utilities for its token and NFTs. However, at the time of writing, it remains a meme coin with nothing unique to offer. Nevertheless, Samoyedcoin has managed to build a strong community, which might help to increase its price in the future.
Samoyedcoin Price on the Rise
Samoyedcoin (SAMO) has witnessed a bullish sentiment and is currently priced at US$0.006544, up 125% in the past 24 hours and more than 90% in a week.
Analysts suggest that SAMO can showcase a significant upward trajectory, rising to US$0.0070 in 2023 and US$0.0075 in 2024. Investors have embraced a less risk-averse stance as the crypto sphere slowly gets back on its feet. In addition, the resilience of the US economy, coupled with moderate inflation levels, has contributed to positive investor sentiment, causing a ripple effect in the price of SAMO.