Solana memecoin $SAMO pumps by 590% in just 2 hours amidst reports its NFTs and QR code that links to its website were featured on CCTV(CHINA CENTRAL TV).
SAMO is a community-driven project, and its developers have stated that they want to create a coin that is more than just a meme. They hope that SAMO will become a valuable asset for the Solana ecosystem and that it will help to promote the adoption of Solana by new users.
As of May 24, 2023, Samoyedcoin (SAMO) is ranked #464 by market capitalization on CoinGecko. Its market capitalization is $41,703,343.
Lessons Learned and Be Cautious
Pumps may take place everywhere not just from recent hot chains.
And SAMO is a relatively new project, and it is still in its early stages of development. It is possible that SAMO will experience some growing pains as it matures.
The cryptocurrency market is volatile, and the price of SAMO is likely to fluctuate. Investors should be prepared for this volatility. And SAMO is a memecoin, and memecoins are often subject to hype and speculation. Investors should be careful not to invest more than they can afford to lose.
Harry Potter Library (HPL) Community
Please join the HPL community. I will upvote all members' posts. Simply join and post there using the tags "hpl" or "harrypotterlibrary" in your post.
- Community Address: https://steemit.com/trending/hive-140602
- About HPL Community:
EN: Harry Potter Library - HPL
KR: 해리포터의 도서관 (Harry Potter Library, HPL)
Let's build our community together. I will support you.
- HPL Community on Blurt:
Just add the "hpl" tag and I will vote for a small amount