Crypto Quill

Shiba Inu (SHIB) is one of the most popular meme coins in the crypto market, with a loyal fan base and a massive community. However, as the industry enters a new phase, SHIB faces some serious competition from emerging challengers that aim to surpass it in terms of performance and innovation. One of these contenders is Smog (SMOG), a recently launched token that has already attracted a lot of attention and support from investors. Here are some reasons why Smog could outpace Shiba Inu with 140x more gains in 2024.

Smog’s Fair Launch and Rewarding Tokenomics

Smog is a community-driven token that had a fair launch on February 7th, 2024, using a Jupiter liquidity pool. There was no presale, meaning that everyone had an equal opportunity to buy the token at the same price. This created a level playing field and a transparent ecosystem for all participants.

Smog’s tokenomics are designed to reward holders and incentivize participation. The token has a total supply of 100 billion, with 5% allocated to decentralized exchange liquidity, 10% to marketing and development, and 85% to the community. Smog also has a deflationary mechanism, as 2% of every transaction is burned, reducing the supply and increasing the scarcity.

One of the most appealing features of Smog is its staking option, which allows holders to earn passive income and accumulate airdrop points. The current reward rate is 42% per year, and more than 1.4 million tokens are already staked. Stakers can claim their rewards at any time, but they have to wait 90 days to withdraw their tokens from the staking pool. This creates a long-term commitment and reduces selling pressure.

Smog’s Airdrop Campaign and Exchange Listings

Smog is not only a token, but also a platform that offers various products and services to its users. Some of these include a non-custodial wallet, a decentralized exchange, a metaverse, a crypto debit card, and more. To promote its ecosystem and increase its user base, Smog is conducting a generous airdrop campaign that will distribute 10 billion tokens to eligible participants.

The airdrop campaign consists of two phases: the first one is already live and will end on February 28th, 2024, while the second one will start on March 1st and will end on March 31st, 2024. To join the airdrop, users have to complete simple tasks, such as following Smog’s social media accounts, joining its Telegram group, trading SMOG, and referring others. Each task will earn points, which will determine the amount of tokens received.

The airdrop campaign is also a preparation for the upcoming exchange listings, which will boost Smog’s exposure and liquidity. Smog has already secured listings on several platforms, such as Uniswap, PancakeSwap, SushiSwap, and 1inch. Moreover, Smog is in talks with some of the leading centralized exchanges, such as Binance, Coinbase, and Kraken, to list its token in the near future.

Smog’s Potential to Surpass Shiba Inu in 2024

Smog has shown impressive growth since its launch, reaching a market cap of over $1 million within the first hour. The token’s price has also increased by more than 500% during the presale, hitting $0.01 in the fifth phase. The token’s popularity and demand are evident from the high trading volume and social media engagement.

Smog has the potential to reach $0.1 by 2024, given its recent surge and robust backing from the community. The strategic roadmap, incorporating exchange listings and community-driven initiatives, aligns with optimistic market sentiments, so luck may be on Smog’s side when thinking about the possible performance of these two cryptos this year.

Shiba Inu, on the other hand, has been struggling to maintain its momentum and relevance in the crypto space. The token’s price has been stagnant for a long time, hovering around $0.00003. The token’s market cap has also declined by more than 50% since its peak in May 2023, when it reached over $13 billion. The token’s hype and novelty seem to have faded, as investors look for more innovative and profitable alternatives.

Shiba Inu’s main advantage is its large and loyal community, which supports the token and its ecosystem. However, this may not be enough to sustain its growth and dominance, as the market becomes more competitive and dynamic. Shiba Inu will have to deliver on its promises and roadmap, such as launching its own blockchain, Shiba Inu (SHIB), and expanding its decentralized exchange, ShibaSwap, to regain its edge and appeal.

Smog, therefore, has a clear opportunity to outshine Shiba Inu in 2024, as it offers a more rewarding and innovative token with a fair and transparent launch. Smog’s airdrop campaign and exchange listings will also increase its exposure and adoption, while its staking feature will create a loyal and committed user base. Smog could be the next crypto sensation that could take the meme coin throne from Shiba Inu with 140x more gains in 2024.