Daenerys was born on Dragonstone, an island in the narrow sea ("amidst salt"), and reborn as the Mother of Dragons on Khal Drogo's burning funeral pyre ("amidst smoke"). On that pyre her three petrified dragon eggs hatched ("born amidst salt and smoke to wake dragons from stone"), and on that morning for the first time the Red Comet appeared in the sky ("When the stars bleed...").
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