Samoyedcoin is a dog themed meem coin on the solana network. It was created in 2021 with the aim to educate users about the solana network. The protocol achieves this aim by distributing resources and providing community support to its users.
Of late, the network is working towards making the network the best possible web3 community. It aims to become the ambassador of the solana network.
Continue reading this article to know more about Samoyedcoin, its utility, the predicted price, and where and how to buy the token. Make wise, informed investment decisions to maximise your profit.
What Is A SAMO Token?
SAMO token is the native currency of the Samoyedcoin network. It is a Solana Program Library (SPL) token.
The holders of this coin can make governance decisions on the platform. It is essential to own and stake a certain percentage of the token to join the SAMO decentralised autonomous organisation (DAO).
- Current Market Price: $0.01592
- Market Capitalization: $66,251,849
- Fully Diluted Valuation: $75,192,387
- 24 Hour Trading Volume: $28,438,740
- Volume/Market Capitalization (24 hour): 53.39%
- Circulating Supply: 4,182,495,262
- Total Supply: 4,746,913,623
- Maximum Supply: 4,746,913,623
Samoyedcoin (SAMO) Price Prediction 2024–2030
The current market price of SAMO token is $0.1456. The short term price prediction of SAMO token for the period from May to December 2024, with its low, average and high prices and the average change in prices is given in the table below.
| Year | Low Price | Average Price | High Price | Average Change |
|---|---|---|---|---|
| May 2024 | $0.0164242626 | $0.0164242626 | $0.0164242626 | |
| June 2024 | $0.0139 | $0.0250 | $0.0361 | 52.79 % |
| July 2024 | $0.0135 | $0.0344 | $0.0356 | 109.47 % |
| August 2024 | $0.0135 | $0.0230 | $0.0357 | 109.47 % |
| September 2024 | $0.0139 | $0.0188 | $0.0356 | 14.61 % |
| October 2024 | $0.0140 | $0.0251 | $0.0346 | 52.85 % |
| November 2024 | $0.0142 | $0.0254 | $0.0348 | 54.71 % |
| December 2024 | $0.0145 | $0.0241 | $0.0358 | 46.95 % |
The expected long term price range of the SAMO token, with its yearly low, yearly average and yearly high prices for the years 2024, 2025, 2026, 2027, 2028, 2029 and 2030 is shown in the table below.
| Year | Yearly Low | Yearly Average | Yearly High |
| 2024 | $0.0145 | $0.0344 | $0.0361 |
| 2025 | $0.0351 | $0.0375 | $0.0424 |
| 2026 | $0.0484 | $0.0560 | $0.0595 |
| 2027 | $0.0632 | $0.0741 | $0.0753 |
| 2028 | $0.0632 | $0.0741 | $0.0753 |
| 2029 | $0.0780 | $0.0891 | $0.0899 |
| 2030 | $0.11 | $0.12 | $0.12 |
Where And How To Buy SAMO Tokens?
You can buy SAMO tokens on the following centralised cryptocurrency exchanges.
- Gate.io
- BbgX
- OKX
- Gemini
- Kraken
- Orca
- Raydium
The procedure to buy SAMO tokens is explained below.
- Choose an exchange as per your needs and requirements.
- Create an account on the chosen exchange.
- Choose a payment method that is compatible with exchange. Ensure that you have the required amount of base currency with you to buy the SAMO tokens.
- On the purchase page of the exchange, make the transactions to exchange the base currency for SAMO tokens.
- Once the transaction is completed, make sure that the token has been credited to your account.
- Store the tokens on any cold wallet to safeguard them from online hackers.
Also, Read: Future Of Crypto Exchanges: From Centralized To Decentralized
The Final Verdict: Is Samoyedcoin (SAMO) A Profitable Investment?
The current market sentiment of SAMO token is bullish with 24 technical analysis indicators showing bullish trends and just 3 technical analysis indicators showing bearish trends.
The 50-day SMA and the 200-day SMA of SAMO tokens are $ 0.008326 and $ 0.011544, respectively.
The token is currently trading above the 50-day SMA and the 200-day SMA, which shows its likely profitability in future.
The price of SAMO Network increased by 254.25% in the last 1 year. Its 3 year price performance is 671.25%. In 2025, the price is predicted to increase by 363.33 % and in 2030, the price will rise to 303.31%.
So, the conclusion is that SAMO tokens are a profitable investment.
Disclaimer: Cryptocurrencies are highly volatile. You should thoroughly consider the market conditions before investing.
