Samoyedcoin Celebrates First Anniversary on Solana

Currently, Samoyedcoin has more than 56000 holders without relying on bots and instead focusing on community building.

Solana’s Memecoin

Samoyedcoin, launched last year in honor of the crypto mogul Sam Bankman-Fried and the Solana Co-Founder Anatoly Yakovenko during the rise of memecoins and Solana, has completed one year on the Solana. 

Samoyedcoin recently released a Twitter thread highlighting what it has accomplished so far. As Samoyedcoin notes, they see an opportunity to onboard more Solana users by utilizing “narratives” for memecoins. The Samoyedcoin now has over 56000 holders, and all this has been achieved without relying on bots and focusing on community building. 

“What we’ve achieved has been driven by where we believe SAMO as a community & brand can differentiate,” Samoyedcoin expresses in the Twitter thread. “The opportunity isn’t just playing into memecoin narratives, but building a community that helps w/ adoption and isn’t purely focused on # go up.”

Memecoins are often used to promote and popularize a particular blockchain or network. It is an effective way of energizing a community of developers and token holders. As strange as it may sound, holding a good memecoin is like cheering for a an entire chain. A ‘good memecoin’ may often sound like an oxymoron, but if it pushes on and yields profit then the monkier fits. When it comes to the project vision, cheering for Samoyedcoin is like cheering for the Solana ecosystem as Samoyedcoin hopes to become Solana’s ambassador.

Source

Samoyedcoin has achieved several milestones during the last year, as reported in their 2021 recap. Samoyedcoin was ranked as the third-largest “memecoin” in 2021, according to CoinMarketCap, and also achieved a record $103M in 24-hour trading volume on Nov. 6, surpassing the previous record of $101M held on Oct. 28, 2021. 

In addition, the recent Q2, 2022 recap shows several accomplishments, including sponsoring the Solana Hacker House in Chicago and Austin, listing on Coin98 Decentralized Exchange (DEX)Latoken Centralized Exchange(CEX), and partnering with prominent protocols like Cropper Finance and Defi Land. Recently Samoyedcoin has also partnered with Bridgesplit and Holaplex to launch the “No War Please” NFT launch, a humanitarian campaign where 100% of the proceeds would go to Ukrainian charities.

What is Samoyedcoin:

According to Samoyedcoin’s website, the Samoyedcoin (SAMO) coin was born in 2021 to honor crypto mogul Sam Bankman-Fried and Solana Co-founder Anatoly Yakovenko. SAMO shifted from a “memecoin” to an experimental Web 3.0 community coin after seeing the potential of online communities, the benefits of Solana, and the influence dog coins have in onboarding new market participants, marketing their underlying blockchain, and infiltrating modern-day culture.

At its core, SAMO is a new digital asset that supports a community focused on onboarding Solana users, educating market participants, making personal connections, and navigating life. Samoyedcoin claims that they are the fastest, most efficient, and environmentally friendly dog coin. But they aspire to be more; they aspire to be Solana’s Ambassador.

Where to find Samoyedcoin:

Twitter  |  Website |  Discord |  Telegram |  Medium

Source : web3wire.news

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