Past and Present
The inspiration for the Solana Memecoin project comes from Dekadente's deep understanding of blockchain technology and Meme culture. Through this project, he hopes to further explore the potential of blockchain technology in art and community-driven economy. The birth of SMOLE is not only a new cryptocurrency project, but also an experiment on community power and trust.
On March 17, crypto artist Dekadente (Twitter ID: @0xDekadente) posted a tweet on Twitter announcing the start of the pre-sale of Solana Memecoin. The content of the tweet is as follows:
On the afternoon of March 21, the token SMOLE issued by the project was launched. As the creator of the NFT projects CryptoCheems and DystoPunks, Dekadente limited the pre-sale to 24 hours with no amount limit, and finally received 160,000 SOL funds. Dekadente also converted all the SOL received into LP and added it to the pool as agreed.
Brilliant moments
After the opening, SMOLE ranked in the top 20 of Meme coins in terms of market value in a short period of time. The total market value once exceeded 200 million US dollars. After adding liquidity, it was listed on first- and second-tier exchanges such as XT, OKX, KUCOIN, GATE, and HTX in just a few days. Since then, due to poor market liquidity, after a five-hour peak, it entered a two-month flat period.
This is also a common performance of many meme coins that raised SOL during the same period. Users who invested in SMOLE are still satisfied because the SMOLE project kept its promise, added pools, issued tokens, and put LPs into black holes, making it a pure meme coin.
status quo
On May 1, the price of SMOLE token hit the bottom of 0.00004, and then the trend stabilized and rebounded. After nearly two months of consolidation, SMOLE is setting sail again. The market value is currently around 20M, and there is still 100,000 SOL liquidity in the dex pool.
Narrative Growth
Anti-VC: Opposes traditional venture capital and advocates community-driven. The current total circulation market value is 20 million US dollars, and there is no unlocked selling pressure. And through various activities, promote transactions, destroy circulating tokens, and form a deflationary effect.
Chip Change
Holders actively traded with each other. They successfully built a bottom and rose along with the rebound of the SOL market. The pool has 100,000 SOL, all of which went into the black hole. There is no risk of running away. The market value is 33M US dollars.
Real name team
Dekadente is a well-known figure in the crypto art circle. He is known for creating NFT projects CryptoCheems and DystoPunks, both of which have achieved great success in the crypto art community. Dekadente's works have attracted a large number of followers with his unique artistic style and innovative concepts, making him widely recognized in the cryptocurrency and NFT communities.
As a serial entrepreneur, he has rich experience. He is also supported by fans in the crypto market. As a well-known artist, he is more credible than an anonymous team. The meme he released is also the most dazzling project in the last round of financing.
Recent Developments
On May 9, the SMOLE project released the gameplay of smolepass and actively carried out marketing. Through the game burning activities, the fully circulated Meme completed deflation and achieved breakthrough.
Activities and Benefits
XT, the exchange that first launched SMOLE, is currently offering a series of activities to attract new and old users to participate.
Recent key events
Holding SMOLE on the chain, airdropping SXT: new and old users, whether they hold SMOLE or users who have purchased SMOLE now, can participate.
Holding Smole to win SXT Airdrop Meme Creation Contest
XT platform airdrop activity link
XT additional benefits:
Invite friends and Share $SXT!
Twitter Space Event: The SMOLE project and XT jointly held a Twitter Space event on May 17, giving users the opportunity to communicate directly with the project.
Twitter Space Link
Future Outlook
The SMOLE project has shown great potential in a short period of time, and the support of the team and community behind it has enabled it to develop continuously. With the launch of a series of activities and positive feedback from the market, the future of SMOLE is full of infinite possibilities. Both existing holders and new users are full of expectations for the prospects of the SMOLE project.