The current price of Samoyedcoin is $0.0076576. Since 00:00 UTC, Samoyedcoin has increased by +0.29%. It currently has a circulating supply of 4,746,721,328 SAMO and a maximum supply of 4,746,913,623 SAMO, giving it a fully diluted market cap of $36.36M. At present, the Samoyedcoin coin holds the 255 position in market cap rankings. The Samoyedcoin/USD price is updated in real-time.
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Samoyedcoin is a dog-themed meme coin on the Solana ecosystem. SAMO's ecosystem includes a crypto tipping tool called Samo Tips, a decentralized exchange (DEX) named Samo DEX, and Samo airdrop tools for the Solana ecosystem. SAMO is the name and ticker symbol of Samoyedcoin.
Samoyedcoin was initially launched in April 2021 as a meme coin in tribute to Sam Bankman, CEO of FTX exchange, and Anatoly Yokevenko, co-founder of Solana.
Currently, SAMO is integrated into six decentralized finance (DeFi) platforms – Cropper Finance, Francium, Orca, Raydium, Step Finance, and Tulip. Using SAMO tokens on these platforms, you can lend, borrow, provide liquidity, and earn yield farming returns. You can also use SAMO to place bets on BetDEX or play casino games on Sol Casino.
Samoyedcoin fairs better than its meme coin competitors, Shiba Inu and Dogecoin, when it comes to transaction speeds and energy consumed per transaction. To illustrate, Samoyedcoin processes a transaction in 0.8 seconds, while Dogecoin and Shiba Inu take 60 seconds and 15 seconds, respectively.
SAMO price and tokenomics
SAMO was launched in April 2021 with a maximum supply of 14 billion tokens, of which 66.1 percent will be burned. As of December 2021, 5.814 billion SAMO tokens have been burned. In addition, 500 million SAMO tokens will be burned randomly each month until August 2022, affecting SAMO's price.
So far, 14.4 percent of SAMO tokens have been airdropped to SAMO community members. Of the remaining supply, 10 percent is reserved for growth and marketing, and 3.9 percent is allocated to the core team.
SAMO price charts are directly tied to its market adoption and utility within the Samoyedcoin and the Solana ecosystems. As of December 2021, SAMO had over 49,000 holders and $1.6 billion in trading volume.
About the founders
Samoyedcoin has several team members, including two full-time members, GoodSamoSamo (GSS) and Swick Samo, who lead SAMO's community efforts. GSS is a former Wall Street employee, while Swick Samo is a community member of the SOL NFT space and has organized multiple Solana events.
Alongside the team, Samoyedcoin partnered with GenesysGo, a Solana-based infrastructure provider of Remote Procedure Call (RPC) and validator services, to build their decentralized exchange, SamoDEX.
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 862 new posts about Samoyedcoin, driven by 113 contributors, and total online engagement reached 28K social interactions. The sentiment score for Samoyedcoin currently stands at 83%. Compared to all cryptocurrencies, post volume for Samoyedcoin currently ranks at 3968. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Samoyedcoin.
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Posts
862
Contributors
113
Interactions
28,178
Sentiment
83%
Volume rank
#3968
X
Posts
848
Interactions
28,068
Sentiment
84%
SAMO FAQ
How much is Samoyedcoin worth today?
Currently, one Samoyedcoin is worth $0.0076576. For answers and insight into Samoyedcoin's price action, you're in the right place. Explore the latest Samoyedcoin charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Samoyedcoin, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Samoyedcoin have been created as well.
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