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What is Samoyed coin (SAMO) and how does it work?

by Financial Economy

Built on Solana, SAMO is a fun and community focused meme coin. Samoyed Coin (SAMO) is inspired by Doge Coin and has a similar concept created in the solana ecosystem. Detailed information about what is Samoyed coin (SAMO), how does it work, how much it costs, how to buy, etc. is in the continuation of the content. You can browse here for information about Syntropy coin (NOIA).

What is Samoyed coin (SAMO) and how does it work?

Originally just a meme coin, SAMO Salana has become an ambassador for the ecosystem. Samoyed Coin can bring new people to Solana and offer exciting new solutions for the ecosystem. Not just any dog ​​in the Solana ecosystem is named after Sam Bankman-Fried, CEO of FTX Exchange! Also referring to the CEO of FTX, SAMO claims that it is the most beautiful dog breed token on a blockchain.

With a total supply of 14 billion in total, 2.1% of SAMO was burned at the time of its debut. As of now, the planned burning rate is recorded as 64% of the maximum supply. This process will be carried out with 3 different activities.

14% of circulating SAMO were distributed to the community via “airdrop”. In addition, 5.6% SAMO was gradually distributed to the market. Born on April 20, 2021, SAMO is the first MEME token on the Solana blockchain.

How to buy Samoyed coins? How much is the SAMO coin price?

Samoyed coin can be purchased from the listed cryptocurrency exchanges. But before trading, it is necessary to make sure that the exchange is “reliable”. As of November 8, 2021, the price of 1 SAMO coin is around 0.16 dollars. (Price may change instantly) The SAMO supply circulating in the market is 2,728,946,647 units, and the total SAMO coin supply is 10,308,697,429 units.

Caution: The information contained in this content is for informational purposes only. It is not investment advice.

For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency

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