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Not long after the Internet came into existence, people began making jokes online. Decades later, these jokes went from light-hearted emails to a global phenomenon - memes. And not long after the invention of blockchain, memecoins began taking the market and every trader’s attention by storm. Samoyedcoin (SAMO) is one such intriguing token in the Solana ecosystem. Starting as a meme coin, SAMO has evolved into a significant player with a unique approach and a growing community.

What is Samoyedcoin (SAMO)?

Samoyedcoin was born during the peak of the dog-themed token frenzy in 2021, establishing itself as one of the earliest meme tokens in the Solana ecosystem. Initially propelled by the meme coin craze, SAMO eventually shifted its focus towards building a Web 3.0 community. This pivot involved educating market participants and welcoming new users to Solana, effectively serving as an ambassador for the platform. SAMO operates on the Solana blockchain, secured by Solana’s Proof-of-History consensus protocol, and also features its own NFTs utilizing the blockchain’s capabilities.

How SAMO works

SAMO is so much more than a coin, it is also:

A Web 3.0 Community

Memes should never be merely a laugh, they also symbolize our inherent need for social connection, made abundantly clear by the COVID-19 pandemic. SAMO positions itself as an early example of a decentralized community in the emerging Web 3.0 landscape. This strategic positioning aims to explore the limitless potential of Web 3.0 communities, fostering sub-communities for both new and experienced users in the digital asset class, thereby pushing the boundaries of community building in the crypto space.

A New Type of Money

Dogecoin wasn’t the first coin with a dog on it. In fact, the first Dog Money appeared almost 2,500 years ago. Currency has evolved from hard metal to thin paper, then to 1s and 0s on an immutable ledger. This transformation is particularly exemplified by the phenomenon of 'dog money'—cryptocurrencies represented by dog images, such as Samoyedcoin, which have gained substantial traction and community support. SAMO will stand as one of the most prominent forms of dog money in existence.

Solana’s Ambassador

Blockchain and cryptocurrency are set to revolutionize the world, but not enough people know it. SAMO, in this context, seeks to differentiate itself by not just being a digital currency, but also serving as a crucial onboarding and educational tool for the Solana ecosystem. This role positions SAMO as more than a marketing tool; it's a gateway for users to discover and engage with the offerings of Solana's technology. A coin or blockchain is only as powerful as the people and community behind it.

Such Fun

SAMO takes a unique approach to bridging the gap between the complex world of cryptocurrencies and the wider public. It acknowledges the massive wealth transfer to a tech-savvy generation that values digital solutions and has an inherent distrust of traditional financial systems due to past economic crises. This context has fueled their interest in cryptocurrencies, with dog-themed coins like DOGE and SHIB being particularly appealing due to their lighthearted nature and ease of understanding.

SAMO goes live on Bitget

Samoyedcoin’s role in the Solana ecosystem is still evolving, with many exciting developments on the horizon. The introduction of SamoDAO in Q1 2022, focusing on research and insights, represents a significant step forward. The rise of memes and the recent surge of Solana and its entire ecosystem have also opened up entirely new opportunities for SAMO to prosper and capitalize on. In the not-so-distant future, we will surely see more Web 3.0 communities onboarding and transforming everyone in this world.

How to trade SAMO on Bitget

Step 1: Go to the SAMOUSDT spot trading page

Step 2: Enter the amount and the type of order, then click Buy/Sell.

For detailed instructions on how to trade spot in Bitget, please read ​​The Uncensored Guide To Bitget Spot Trading.

SAMO represents a unique and innovative presence in the cryptocurrency landscape. Born out of the meme coin phenomenon and leveraging the rapid adoption of the Solana blockchain, SAMO transcends its origins to become a pivotal player in the Web 3.0 sphere. It embodies a blend of fun and functionality, appealing to a broad audience through its engaging community and the charming symbolism of the Samoyed dog breed. Unlike many of its peers, SAMO distinguishes itself with a commitment to transparency, education, and community-building, avoiding disingenuous practices that plague some other meme coins.

Trade SAMO now on Bitget!

Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.