Solana Meme Coin Smog Token Attracts Thousands to Airdrop, Buy And Stake Earns 42% APY

cryptonews.com:

Wednesday, February 21st, 2024 – The latest addition to the Solana meme coin frenzy, Smog Token is going from strength to strength as thousands join its airdrop and its cross-platform social community surpasses 55,000. The 14-day-old coin sits on a price gain since launch of more than 4,000%.

There are now 9,200 airdrop members on Zealy eagerly indulging in various quests (tasks) to rack up XP points for the upcoming $SMOG airdrop. Thus far, 270,000 tasks have been completed.

New hot crypto property Zealy provides what it calls an ‘action layer’ to enable Web3 projects to provide gamified tasks to drive user engagement. Head over to Zealy, connect your wallet, and verify your email address to get started.

There are multiple ways to earn airdrop points. Sign up for the Smog Token community socials, trade $SMOG, do daily, weekly, and monthly quests, write bullish comments on CoinMarketCap, and a host of other activities by using your downtime for value-generating activities.

Following in the footsteps of airdrops from the likes of Solana projects Jupiter Exchange and Pyth Network comes Smog Token. Jupiter allocated 40% of its token supply to airdrops; Smog is offering up a similarly generous 35% supply for its airdrop, making it among the most generous distributions in the Solana ecosystem.

However, not all airdrops are created equal. Starknet distributed 728 million STRK tokens to 1.3 million Ethereum addresses in its recent airdrop, but there have been loud complaints about ‘provisioning’ not working as planned, with some allocations failing to appear in wallets, among other things. Post the airdrop, activity on the network has plummeted.

.@Starknet's active addresses plummeted by 71% post-airdrop. Is this a case of community