SmoLanO

SLO Price

About SmoLanO (SLO)

SmoLanO (SLO) is a community-driven memecoin on the Solana blockchain featuring a 'teal spooderman' character.

• The project centers on a humorous and intentionally absurdist aesthetic, common in 'spooderman' style internet memes.
• Launched as an SPL token, it aims to foster a community around the creation and sharing of 'dank memes.'
• The token features a fixed supply with a significant portion allocated to liquidity pools and a documented developer burn event.

What Is SmoLanO

SmoLanO is a decentralized cryptocurrency built on the Solana network. Its primary identity is rooted in meme culture, specifically utilizing a teal-colored variation of the 'spooderman' internet character. The project positions itself as a lighthearted asset where value is driven by community engagement and the viral nature of its branding.

The token operates as an SPL token, ensuring compatibility with the broader Solana ecosystem of wallets and decentralized exchanges. According to project documentation, the token was created with an initial supply of 1 billion tokens, with the goal of 'eating trash' and bringing a sense of 'beauty' to the Solana chain through humor.

Key Differentiators

• Absurdist Branding: Unlike many projects that focus on technical utility, SmoLanO leans heavily into an absurdist, 'idiocy-themed' narrative and intentionally misspelled communication style.
• Teal Spooderman Character: It utilizes a specific visual identity—the teal spooderman—that distinguishes it from other animal-themed or dog-themed memecoins.
• Developer Burn: A notable portion of the supply, originally intended for Solana Saga phone owners, was burned by the developer, effectively reducing the circulating supply.
• Liquidity Focus: Approximately 90% of the token supply was reportedly allocated to liquidity pools at launch to facilitate decentralized trading.

Ecosystem and Integrations

• Solana Network: As an SPL token, SmoLanO is natively integrated with the Solana blockchain, benefiting from its high throughput and low transaction costs.
• DEX Availability: The token is tradable on major Solana-based decentralized exchanges, including platforms such as Raydium and Jupiter.
• Community Hall of Fame: The project maintains a 'Hall of Fame' on its website to showcase community-created memes and visual content.

Origins and Launch

SmoLanO was launched on the Solana blockchain in late 2023. The project was introduced with a total supply of 1 billion tokens. The distribution strategy involved a 90% allocation to liquidity pools, while a 10% multi-sig allocation originally earmarked for Solana Saga phone users was subsequently burned by the developer.

The launch was characterized by a community-centric approach, with no formal pre-sale or venture capital backing mentioned in the source material. The team behind the project appears to be anonymous, operating under the moniker 'Deb' for the developer.

Risk Disclosure

As with all memecoins, SmoLanO is a highly speculative asset with substantial volatility. Its value is primarily driven by community sentiment and meme culture rather than traditional utility. The project is managed by an anonymous team, which carries inherent risks regarding long-term governance and accountability.

Where can you buy SmoLanO?

SLO tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade SmoLanO is Raydium, where the most active trading pair SLO/WSOL has a trading volume of $225.75 in the last 24 hours.

What is the daily trading volume of SmoLanO (SLO)?

The trading volume of SmoLanO (SLO) is $219.38 in the last 24 hours, representing a 638.30% 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 SmoLanO (SLO)?

SmoLanO (SLO) reached an all-time high of $0.01252 and an all-time low of $0.00002798. It’s now trading -99.60% below that peak and 56.90% above its lowest price.

What is the market cap of SmoLanO (SLO)?

Market capitalization of SmoLanO (SLO) is $39,465.30 and is ranked #7563 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SLO tokens (900 Million tokens are tradable on the market today).

What is the fully diluted valuation of SmoLanO (SLO)?

The fully diluted valuation (FDV) of SmoLanO (SLO) is $39,465.30. This is a statistical representation of the maximum market cap, assuming the maximum number of 900 Million SLO tokens are in circulation today. Depending on how the emission schedule of SLO tokens are designed, it might take multiple years before FDV is realized.

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

With a price increase of 4.40% in the last 7 days, SmoLanO (SLO) is outperforming the global cryptocurrency market which is up 3.90%, while underperforming when compared to similar Meme cryptocurrencies which are up 7.40%.