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Samoyedcoin – Solana’s FIRST memecoin

by | Jun 25, 2024 | Meme coins | 0 comments

What is Samoyedcoin (SAMO)?

Samoyedcoin (SAMO) is a cryptocurrency that aims to promote and support the Solana ecosystem. As the first memecoin built on the Solana blockchain, Samoyedcoin focuses on community building and education to help drive the adoption and growth of Solana.

Launched in 2021, Samoyedcoin has quickly gained popularity within the Solana community. The project’s mission is to serve as an ambassador for Solana, helping to onboard new users and supporting the development of the blockchain. Through its unique approach and strong community presence, Samoyedcoin has established itself as a prominent player in the Solana ecosystem.

Samoyedcoin’s Role in the Solana Ecosystem

Samoyedcoin plays a crucial role in the Solana ecosystem by acting as an ambassador for the blockchain. The project aims to accelerate the adoption, development, and growth of Solana by engaging with the community and promoting the benefits of the blockchain to a wider audience.

One of the key ways Samoyedcoin supports the Solana ecosystem is through its focus on education. The project provides resources and guides to help new users understand and navigate the Solana blockchain. By making it easier for people to get started with Solana, Samoyedcoin helps to drive adoption and increase the number of users and developers working with the blockchain.

SAMO Token Specifications

The SAMO token is the native cryptocurrency of the Samoyedcoin project. It is a Solana-based token, meaning it is built on and operates within the Solana blockchain. The token has a max supply of 4,746,913,623 SAMO, with a circulating supply of 3,657,134,467 SAMO as of April 2023.

The fully diluted market cap of Samoyedcoin, which takes into account the total supply of tokens, is $48,730,567 USD. This metric provides an estimate of the project’s potential market value if all tokens were in circulation.

Specification Value
Token Name Samoyedcoin
Token Symbol SAMO
Blockchain Solana
Max Supply 4,746,913,623 SAMO
Circulating Supply (April 2023) 3,657,134,467 SAMO
Fully Diluted Market Cap $48,730,567 USD

Samoyedcoin Price and Market Performance

The price of Samoyedcoin and its market performance are important factors for investors and traders to consider. In this section, we will explore the current price and market stats of Samoyedcoin, as well as its historical price performance.

Current Samoyedcoin Price and Market Stats

As of April 2023, the current price of Samoyedcoin is $0.01027 USD. The price has seen a 24-hour change of 6.94%, indicating a positive movement in the short term. The market cap of Samoyedcoin is $42,950,000 USD, with a 24-hour trading volume of $1,637,779 USD.

The circulating supply of Samoyedcoin is 3,657,134,467 SAMO tokens. This represents the number of tokens that are currently in circulation and available for trading on exchanges.

Metric Value
Current Price $0.01027 USD
24h Change 6.94%
Market Cap $42,950,000 USD
24h Trading Volume $1,637,779 USD
Circulating Supply 3,657,134,467 SAMO

Historical Price Performance

Looking at the historical price performance of Samoyedcoin, we can see that the token has experienced significant volatility since its launch. The all-time high price of Samoyedcoin was $0.246 USD, which was reached on October 29, 2021. On the other hand, the all-time low price was $0.00115 USD, recorded on May 23, 2021.

Over the past year, Samoyedcoin has seen a yearly change of -17.76%. This indicates that the token has experienced a decline in value compared to the previous year.

Metric Value Date
All-Time High $0.246 USD October 29, 2021
All-Time Low $0.00115 USD May 23, 2021
Yearly Change -17.76%

Where to Buy and Trade Samoyedcoin

Samoyedcoin (SAMO) can be purchased and traded on a variety of cryptocurrency exchanges, both centralized and decentralized. In this section, we will explore some of the popular exchanges where you can buy and trade Samoyedcoin.

Centralized Exchanges Listing SAMO

Several well-known centralized exchanges have listed Samoyedcoin, providing users with a convenient way to buy, sell, and trade the token. Some of the notable exchanges include:

  • OKX: OKX is a leading cryptocurrency exchange that offers a wide range of trading pairs, including SAMO/USDT and SAMO/BTC.
  • Gemini: Gemini is a regulated cryptocurrency exchange known for its security and user-friendly interface. It supports trading of SAMO against USD and other cryptocurrencies.
  • Kraken: Kraken is a reputable exchange that allows users to buy and sell Samoyedcoin using various fiat currencies and cryptocurrencies.
  • Gate.io: Gate.io is a popular exchange that offers SAMO trading pairs, including SAMO/USDT and SAMO/ETH.
  • Crypto.com: Crypto.com is a cryptocurrency platform that supports the buying, selling, and trading of Samoyedcoin.

Decentralized Exchanges for SAMO Trading

In addition to centralized exchanges, Samoyedcoin can also be traded on decentralized exchanges (DEXs). DEXs are blockchain-based platforms that allow users to trade cryptocurrencies directly from their wallets, without the need for intermediaries. Some popular DEXs for trading Samoyedcoin include:

  • Orca: Orca is a user-friendly DEX built on the Solana blockchain. It offers a range of trading pairs, including SAMO/SOL and SAMO/USDC.
  • Raydium: Raydium is another popular DEX in the Solana ecosystem, providing liquidity and trading options for Samoyedcoin.

When buying or trading Samoyedcoin, it’s important to consider factors such as exchange reputation, security, fees, and available trading pairs. Always do your own research and exercise caution when dealing with cryptocurrencies.

Samoyedcoin NFT Collection

In addition to the SAMO token, Samoyedcoin has also launched its own NFT collection. Non-Fungible Tokens (NFTs) are unique digital assets that represent ownership of a specific item, such as artwork, collectibles, or virtual real estate. The Samoyedcoin NFT collection showcases unique designs and serves as a way for the community to further engage with the project.

SAMO NFTs Overview

The Samoyedcoin NFT collection was released on January 31, 2022. The collection features a total supply of 5,525 NFTs, each representing a commitment to onboarding Solana users and supporting the growth of the blockchain.

The mint price for each Samoyedcoin NFT was set at 1 SOL. Impressively, the entire collection sold out within just 7 minutes of its release, demonstrating the high demand and interest from the community.

Metric Value
Release Date January 31, 2022
Total Supply 5,525 NFTs
Mint Price 1 SOL
Sold Out Time 7 minutes

Where to Buy Samoyedcoin NFTs

If you’re interested in acquiring a Samoyedcoin NFT, there are several NFT marketplaces where you can find them. Some popular platforms for buying and selling SAMO NFTs include:

  • Magic Eden: Magic Eden is the leading NFT marketplace on the Solana blockchain, offering a wide selection of NFTs, including Samoyedcoin.
  • Tensor: Tensor is another Solana-based NFT marketplace where you can find Samoyedcoin NFTs for sale.
  • OpenSea: OpenSea is the largest NFT marketplace across multiple blockchains. While primarily known for Ethereum-based NFTs, it also supports Solana NFTs, including Samoyedcoin.

When buying NFTs, it’s crucial to verify the authenticity of the collection and ensure you are purchasing from a reputable seller. Always do your own research and exercise caution to avoid falling victim to scams or fraudulent listings.

Samoyedcoin’s Market Ranking and Classification

Samoyedcoin has made a name for itself in the cryptocurrency market, achieving notable rankings and classifications. In this section, we will explore Samoyedcoin’s market rank, popularity rank, and its classification according to the CoinDesk Digital Asset Classification Standard (DACS).

Market Rank and Popularity Rank

As of April 2023, Samoyedcoin holds a market rank of #730 on CoinMarketCap, a leading cryptocurrency data platform. This rank is determined by the project’s market capitalization, which takes into account the current price and circulating supply of the token.

In terms of popularity rank, Samoyedcoin stands at #675. The popularity rank is based on factors such as community engagement, social media presence, and overall interest in the project.

Metric Value
Market Rank #730
Popularity Rank #675

CoinDesk Digital Asset Classification Standard (DACS)

The CoinDesk Digital Asset Classification Standard (DACS) is a framework developed by CoinDesk, a leading cryptocurrency media outlet, to categorize and classify digital assets based on their characteristics and use cases.

According to the DACS, Samoyedcoin is classified as N/A, meaning it does not fall under any specific category within the standard. This classification may be updated in the future as the project evolves and more information becomes available.

It’s worth noting that CoinDesk was acquired by the Bullish group, a digital assets exchange, in November 2023. The Bullish group is majority-owned by Block.one, a blockchain and digital asset business.

Metric Value
DACS Classification N/A
CoinDesk Ownership Acquired by Bullish group (November 2023)
Bullish Group Majority Owner Block.one

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