About Samoyedcoin (SAMO)
Samoyedcoin is a memecoin on Solana, and the blockchain network's self-described mascot and ambassador. Also known as SAMO, the cryptocurrency takes its inspiration from other dog-themed memecoins like DOGE and SHIB. The Samoyed breed was reportedly chosen because of Solana cofounder Anatoly Yakovenko's place of birth and the network's connection with FTX CEO Sam Bankman-Fried.
The project provides tools to simplify online tipping via SAMO and airdrop distribution to token holders, and the Samoyedcoin ecosystem features a decentralized exchange, SamoDEX. SAMO supply is also periodically burned as a method of limiting potential selling pressure.
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