The market's number two meme coin, Shiba Inu (SHIB) has been having a tough time of it as of late. Despite most major currencies prices increasing by at least 100% in the last year, SHIB finds itself down by more than 35%. This isn't from a lack of trying either, as the ecosystem has tried to add utility and keep up-to-date with developments.

The problem is that the meme coin market has exploded and the days are gone when Shiba Inu only had to compete with Dogecoin (DOGE). This sector of the market is the most volatile, too and things move very fast. Meme coin enthusiasts are always looking for the next big thing. The next Pepe Coin (PEPE) that is going to pump by thousands of percent and make them rich overnight.

Well, we think we may have found this coin, and the good news is it only launched on Wednesday.

>>>Buy Smog Token Now<<<

Is SMOG about to repeat the success of PEPE and BONK?

Something interesting is beginning to happen in the meme coin universe, Solana is beginning to be the network that hosts the most profitable meme coins. Bonk, Myro, and Dogwifhat all come from the Solana network, and the newest release, Smog Token (SMOG), looks like it could be the biggest yet.

Fair launched on Wednesday on Solana's Jupiter Dex, Smog token decided to make its coin available before a huge airdrop that is coming soon. We always like it when meme coins believe in their project enough to have a fair launch, as it shows confidence in their token while also showing investors that the project is legit.

"No meme coin can survive the fiery flames of SMOG" is the meme coin slogan, and that might well turn out to be true as the aim of this project is to outperform some of the best-performing meme coins of all time. Fellow Solana meme coin BONK is up 9482% from its launch price and that is even after falling well below its all-time high.

We cannot confirm, but there are strong hints that the team behind Smog Token is not just the same group that created Bonk Coin but also Pepe Coin. The star of 2023, PEPE pumped by thousands of percent and made investors millionaires practically overnight. We have Pepe Coin to thank for the thriving meme coin market of today.

>>>Buy Smog Token Now<<<

So, it has the pedigree, but what else makes Smog Token a candidate to be the next big meme coin? The main formula they have for success is airdrops and virality. This can be seen when you look at the tokenomics. A massive 50% of the total allocation of SMOG has been dedicated to marketing. This is almost unheard of, so get ready to see a lot of Smog content in the near future.

Another 35% is dedicated to airdrop rewards. There is nothing the meme coin community loves more than a good airdrop, so the Smog Token people clearly know what they are doing by whipping up interest before their first drop. It looks like it's working too, as in the last 24 hours, the token has pumped 24%. This is despite not even releasing the full details of the first airdrop yet.

The full details of the system are not yet known, but how the airdrop allocation will work will depend on investors buying and holding SMOG. We do know that buying and holding gives you airdrop points, so it is likely that the more points you have, the bigger the reward will be from the airdrop. The fact you have to hold onto your tokens to gain points gives the project an extra level of security, which is another positive.

Getting in early could be crucial to how much ROI you get from SMOG. This is emphasized when we look at the project's roadmap. There are plans for staking to be introduced down the line. We have seen with other meme coins like Sponge Token ($SPONGE) that when staking is added, the coin can pump a lot. If investors have already purchased and held a lot of SMOG, they could be in for massive returns.

Another very interesting feature that will be coming down the line is something called '100,000 + Chosen Warriors'. It seems that to be part of this exclusive club, investors will have to complete certain rituals and likely purchase and hold a certain amount of SMOG tokens. We are not fully sure yet what the benefits of being part of this elite club will be, but we are sure everyone will want to be a member.

How to Buy SMOG Token and thus be a part of the SMOG Airdrop?

As Smog Token is a Solana meme coin, there are some special things investors should note before purchasing the token. 

• The main one is they will need to use a Solana-compatible wallet such as Phantom.
• From there, they will be able to purchase SMOG by using SOL, USDT, or BONK via the Jupiter DEX aggregator or Birdeye.
• If investors wish to increase their chances of joining the elite 'Chosen Warriors' group or collect more airdrop points, they can take on the challenge of completing the community task list on Zealy.

>>>Buy Smog Token Now<<<

Shiba Inu may not be headed to zero, but there is still not much hope 

At the time of writing, the price of Shiba Inu (SHIB) is actually up over 3 percent on the day. As you can see from the 7-day performance chart above, this recovery has been consistent since yesterday. Before this, many were worried that SHIB could be headed to zero. While it is positive that it has recovered, we are not getting our hopes up too much.

As this article shows, $0.00000940 was the key resistance level to watch this week. Since SHIb has failed to sustain growth beyond the point, it is reasonable to presume the bulls have lost this battle. That is why we will not be touching SHIB anytime soon.

>>>Buy Smog Token Now<<<

Conclusion

So, although claims that SHIB may be heading to zero are exaggerated, we still do not foresee a big pump anytime soon. The opposite can be said for Smog Token, which we believe could be destined for the moon. Given how early we are in this meme coin's lifespan, those that invest now could see the biggest ROI.