smolecoin

SMOLE Price

About smolecoin (smole)

smolecoin is a community-centric memecoin launched on the Solana blockchain, featuring a mole-themed character within the "smolana" ecosystem.

• Artist-Led Launch: The project was initiated by Dekadente, a prominent crypto artist and creator of NFT collections including CryptoCheems and DystoPunks.
• Record-Breaking Presale: Launched in March 2024 via a 24-hour open presale that successfully raised approximately 169,982 SOL.
• Fair Distribution Model: The initial supply was split 50/50 between presale participants and the liquidity pool, with the liquidity pool tokens subsequently burned to ensure permanence.
• Community Focus: Its value is primarily driven by meme culture and the established following of its founder within the Solana art community.

What Is smolecoin

smolecoin (smole) is a speculative digital asset that leverages the "smol" internet subculture and the mole animal character. It was designed as a lightweight, community-driven token on the Solana Layer 1 network, often marketed with the tagline "the smollest smolecoin in the smolana smolnet."

The project centers around the artistic output and reputation of its founder, Dekadente. Unlike many anonymous memecoins, smolecoin's origin is tied to an established figure in the NFT space, providing a cultural bridge between digital art collectors and meme token traders. The narrative focuses on community participation and the simplified, humorous aesthetic of the mole character.

Key Differentiators

• Artist Backing: Unlike generic memecoins, smolecoin benefits from the creative direction and existing community of a well-known crypto artist.
• Transparent LP Mechanics: By burning 100% of the liquidity pool tokens at launch, the project removed the possibility of a developer-led liquidity withdrawal.
• Massive Initial Liquidity: The scale of the SOL raised during the presale created one of the deepest initial liquidity pools for a Solana-based meme project at the time of its launch.

Ecosystem and Integrations

smolecoin is natively integrated into the Solana ecosystem, benefiting from the network's high-speed and low-cost transaction capabilities. It is primarily traded on decentralized exchanges such as Raydium. While the token itself does not provide traditional utility, it is culturally linked to the founder's DystoLabs ecosystem, which includes various NFT-related projects and community channels.

Origins and Launch

smolecoin was launched on March 21, 2024, following an intensive 24-hour presale period. The founder, Dekadente, solicited SOL contributions directly through social media, leading to a fundraise that exceeded $30 million in value at the time. The launch was marked by high volatility and community anticipation, as it followed the successful "presale meta" established by other prominent Solana tokens. Despite initial delays in token distribution due to technical challenges on decentralized exchanges, the project successfully airdropped tokens to thousands of participants and established its presence as a major mole-themed asset in the market.

Risk Disclosure

As with all memecoins, smolecoin is a highly speculative asset with substantial volatility. Its value is primarily driven by community sentiment and meme culture rather than traditional utility. Investors should be aware that the project's success is closely tied to the reputation and ongoing activity of a single individual artist. Furthermore, while the liquidity has been burned, the lack of a formal roadmap or technical whitepaper means that the project relies entirely on social narrative for longevity.

Where can you buy smolecoin?

SMOLE tokens can be traded on decentralized exchanges and centralized crypto exchanges. The most popular exchange to buy and trade smolecoin is Raydium, where the most active trading pair SMOLE/SOL has a trading volume of $402.74 in the last 24 hours. Other popular options include Orca and Poloniex.

What is the daily trading volume of smolecoin (SMOLE)?

The trading volume of smolecoin (SMOLE) is $421.55 in the last 24 hours, representing a 193.60% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for smolecoin (SMOLE)?

smolecoin (SMOLE) reached an all-time high of $0.0005086 and an all-time low of $0.00001262. It’s now trading -97.10% below that peak and 17.10% above its lowest price.

What is the market cap of smolecoin (SMOLE)?

Market capitalization of smolecoin (SMOLE) is $6,209,614 and is ranked #1403 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SMOLE tokens (420 Billion tokens are tradable on the market today).

What is the fully diluted valuation of smolecoin (SMOLE)?

The fully diluted valuation (FDV) of smolecoin (SMOLE) is $6,209,614. This is a statistical representation of the maximum market cap, assuming the maximum number of 420 Billion SMOLE tokens are in circulation today. Depending on how the emission schedule of SMOLE tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of smolecoin compare against its peers?

With a price increase of 2.40% in the last 7 days, smolecoin (SMOLE) is outperforming the global cryptocurrency market which is down -4.80%, while outperforming when compared to similar Solana Ecosystem cryptocurrencies which are up 0.00%.