Samoyedcoin Price | SAMO Live Chart, Market Data & Analysis

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Samoyedcoin (SAMO) is a meme-inspired cryptocurrency built on the Solana blockchain, gaining recognition for its fast transaction speeds and active ecosystem integration. With a current price of $0.0019280, SAMO continues to hold a notable presence among meme coins, supported by a dedicated community and real-world utility across decentralized finance (DeFi) platforms.

This article provides an in-depth look at SAMO’s price performance, market metrics, ecosystem developments, and long-term potential — all optimized for readers seeking accurate, up-to-date insights into one of Solana’s original meme tokens.

Current Market Overview

As of the latest update, SAMO trades with low volatility and moderate volume, reflecting its established but niche market position. The token reached its all-time high of $0.22000 on November 6, 2021, during the peak of the meme coin frenzy, followed by a significant correction that brought it down by over 99%. Its lowest recorded price was $0.0021700 on December 30, 2022.

Despite the downturns, SAMO has maintained a loyal community and continued development momentum within the Solana ecosystem.

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What Is Samoyedcoin (SAMO)?

Samoyedcoin is more than just a meme token — it’s a community-driven project with tangible utility built on Solana’s high-performance blockchain. Launched in April 2021 as a tribute to Sam Bankman-Fried (former CEO of FTX) and Anatoly Yakovenko (co-founder of Solana), SAMO quickly evolved from a humorous nod into a functional ecosystem.

The project emphasizes speed, efficiency, and decentralization. Unlike older meme coins such as Dogecoin (60-second transaction time) or Shiba Inu (15 seconds), Samoyedcoin processes transactions in just 0.8 seconds, leveraging Solana’s low-latency network to deliver superior user experience.

Core Ecosystem Projects

SAMO powers several tools and platforms within the Solana DeFi space:

These utilities help differentiate SAMO from purely speculative meme assets, offering holders practical use cases beyond price speculation.

SAMO Tokenomics and Economic Model

Understanding the economic structure of SAMO is key to evaluating its long-term sustainability.

This deflationary model aims to reduce circulating supply over time, potentially increasing scarcity and supporting price appreciation if demand grows.

By late 2021, SAMO had attracted over 49,000 holders and achieved $1.6 billion in trading volume, solidifying its status as one of the top meme coins by market activity.

Integration With Solana DeFi Platforms

One of SAMO’s strengths lies in its deep integration with leading Solana-based DeFi protocols. Holders can actively participate in yield generation through:

On these platforms, users can:

This interoperability enhances SAMO’s utility and embeds it deeper into the broader Solana economy — a critical factor for long-term survival in a competitive crypto landscape.

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Development Team and Community Leadership

While Samoyedcoin began as a community-led initiative, it has been guided by key contributors:

Additionally, the project collaborates with GenesysGo, a respected infrastructure provider in the Solana ecosystem, ensuring technical robustness for tools like Samo DEX.

This blend of financial expertise, technical partnership, and grassroots engagement gives SAMO a balanced foundation compared to purely anonymous meme projects.

Market Sentiment and Future Outlook

Although SAMO has seen a dramatic drop from its ATH, recent data shows occasional spikes in price — such as a +15.2% gain reported on May 21, 2025 — indicating residual trading interest.

However, market signals suggest caution:

Notably, OKX announced plans to delist SAMO/USDT and related pairs between June and September 2025, citing operational adjustments. While this doesn’t reflect on the token’s legitimacy, reduced exchange visibility may impact liquidity and accessibility for new investors.

Still, given its early-mover advantage on Solana and existing tooling infrastructure, SAMO remains a candidate for potential revival should broader market conditions improve or new utilities emerge.

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Frequently Asked Questions (FAQ)

Q: What is Samoyedcoin (SAMO)?
A: Samoyedcoin is a meme-based cryptocurrency launched on the Solana blockchain in April 2021. It honors Sam Bankman-Fried and Anatoly Yakovenko and features real utility through tools like Samo Tips, Samo DEX, and airdrop functionality.

Q: Where can I buy SAMO tokens?
A: SAMO was previously tradable on exchanges like OKX via the SAMO/USDT pair. Always verify current availability on supported platforms before purchasing.

Q: How fast are Samoyedcoin transactions?
A: Thanks to Solana’s architecture, SAMO transactions settle in approximately 0.8 seconds, significantly faster than Dogecoin (60s) or Shiba Inu (15s).

Q: Is SAMO a good investment?
A: Like all meme coins, SAMO carries high risk due to volatility and speculative nature. While it offers utility and community support, potential investors should conduct thorough research and consider diversification.

Q: Has any SAMO supply been burned?
A: Yes — over 5.8 billion tokens were burned by December 2021, with additional monthly burns occurring until August 2022. The project aimed to burn 66.1% of total supply to create scarcity.

Q: What affects the SAMO price?
A: The price is influenced by overall crypto market trends, Solana ecosystem activity, exchange listings/delisings (e.g., OKX delisting), community engagement, and broader sentiment toward meme coins.

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Final Thoughts

Samoyedcoin stands out as one of the earliest meme tokens on Solana, combining humor with functional applications in DeFi, tipping, and token distribution. While its price has declined significantly since its peak, the project's foundational elements — including fast transactions, burn mechanisms, and ecosystem tools — provide a stronger basis than many similar tokens.

For traders and collectors interested in Solana-native projects with historical significance, SAMO remains a noteworthy asset. However, as with any cryptocurrency investment, especially in the volatile meme sector, due diligence is essential.

Monitoring future developments — such as potential relistings, new partnerships, or community-driven upgrades — will be crucial for assessing whether Samoyedcoin can reclaim relevance in the evolving digital asset landscape.