Recent $SNEK price observation

1. The SNEK/ADA trading pair has been strong since December, with the number of holders growing continuously, maintaining the 0.006-0.007 range, hitting new highs many times, with strong chip turnover, and on-chain selling pressure from a few early whales and short-term traders;

2. At this stage, SNEK needs to rely more on the price of $ADA . In the first quarter of the bull market, $ADA performed well historically. The market is considering Trump's coming to power, loose policies and ETF expectations;

3. The current SNEK/ADA market value ratio is 1.37%, more than doubled from the previous high. After the surge in November, the expected divergence is more than before, but the SNEK/ADA exchange rate has remained stable, which is excellent;

4. The current market value of SNEK is 550 million, less than double the 1 billion threshold. Following the increase in ADA, it is not difficult to achieve. 1 billion ranks in the meme track 13. After that, more liquidity will be opened up, and with the listing of coins on first-tier exchanges, it will be easier to develop an independent trend.