SNEK
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Snek.Fun pulls user attention in its first few hours of debut, with the Cardano-based protocol struggling to keep up with increased demand.
The Cardano network could be the next chain where the meme frenzy sojourns after the debut of a memecoin launchpad. Snek.Fun, a memecoin creator, went live on the network late Thursday and was met with enthusiasm and criticism alike.
Snek.Fun is a project affiliated with Snek, the most popular memecoin on the Cardano ecosystem. The deflationary memecoin took the Cardano ecosystem by storm after its April 2023 debut and has made notable contributions to the blockchain.
#SNEK #CardanoSurCardanoSurge #Crypto #CryptoNewsDaddy #CryptoNewsđđ„"
The Cardano network could be the next chain where the meme frenzy sojourns after the debut of a memecoin launchpad. Snek.Fun, a memecoin creator, went live on the network late Thursday and was met with enthusiasm and criticism alike.
Snek.Fun is a project affiliated with Snek, the most popular memecoin on the Cardano ecosystem. The deflationary memecoin took the Cardano ecosystem by storm after its April 2023 debut and has made notable contributions to the blockchain.
#SNEK #CardanoSurCardanoSurge #Crypto #CryptoNewsDaddy #CryptoNewsđđ„"
The Snek Phenomenon: How It Will Change Memecoins Forever
#SNEK #ADA #CARDANO #EthereumETF #Polkadot $SNEK $BTC $ETH
#SNEK #ADA #CARDANO #EthereumETF #Polkadot $SNEK $BTC $ETH
đ±đđCardano Meme Coin Motivates the Market: Why Is SNEK Exploding?
The price of Cardano meme coin SNEK is increasing.
Interest in SNEK was rekindled by conversations on social media.Â
SNEK has signed a new influencer partnership agreement .
While the Cardano meme coin has risen SHARPLY in the last 24 hours, the rest of the crypto Sunday has remained largely horizontal. The unexpected price increase has triggered discussions on social media among #Cardano enthusiasts and mem Decoin traders as to why the #SNEK token has risen.
On the last day, the 27% bear moved from the bottom to the top and rose from $0.0010624 to its intraday high of $ 0.0013464. Although SNEK's current price is well below the all-time high of $0.0028758 and the highest level to date of $0.0025057, the sudden resurgence of the token has ignited a frenzy on social media.
SNEK from Cardano Announces Partnership
SNEK's recent announcement that he will be partnering with the phenomenon Max Maher has ignited a social media frenzy. The SNEK team introduced Maher as the official investor and partner, praised his achievements and announced a "long-term structured plan" to grow the brand.
Addressing the SNEK community, Maher said, "You guys are really the strongest crypto community on the planet, I couldn't resist joining." The message caused the price of SNEK to rise.
#Memecoins #binance
The price of Cardano meme coin SNEK is increasing.
Interest in SNEK was rekindled by conversations on social media.Â
SNEK has signed a new influencer partnership agreement .
While the Cardano meme coin has risen SHARPLY in the last 24 hours, the rest of the crypto Sunday has remained largely horizontal. The unexpected price increase has triggered discussions on social media among #Cardano enthusiasts and mem Decoin traders as to why the #SNEK token has risen.
On the last day, the 27% bear moved from the bottom to the top and rose from $0.0010624 to its intraday high of $ 0.0013464. Although SNEK's current price is well below the all-time high of $0.0028758 and the highest level to date of $0.0025057, the sudden resurgence of the token has ignited a frenzy on social media.
SNEK from Cardano Announces Partnership
SNEK's recent announcement that he will be partnering with the phenomenon Max Maher has ignited a social media frenzy. The SNEK team introduced Maher as the official investor and partner, praised his achievements and announced a "long-term structured plan" to grow the brand.
Addressing the SNEK community, Maher said, "You guys are really the strongest crypto community on the planet, I couldn't resist joining." The message caused the price of SNEK to rise.
#Memecoins #binance
Cardano Memecoin SNEK Rises 56% After Energy Drink & Web3 Game Launch
Post By: CryptosHeadlines.com
The price of $SNEK, a well-known memecoin on the Cardano ($ADA ) platform, has increased by more than 56% in the past week and by over 16% in the last 24 hours, surpassing the overall cryptocurrency market performance.
Based on market data, SNEK had a trading volume of over $770,000 in the last 24 hours and a fully diluted market value of just $16.8 million, making it a relatively small cryptocurrency. This memecoin, which describes itself as the âchillest meme coin on Cardano,â has goals like building a community, supporting decentralized finance on Cardano, and providing rewards to its holders.
SNEKUSD Chart via TradingView
Growing Demand and Community Development Boost SNEKâs Price
The recent price increase in this cryptocurrency may be due to increasing demand, despite its limited liquidity. Itâs important to mention that the SNEK community has been actively working on developing the SNEK ecosystem.
The SNEK community highlights that SNEK is the most actively traded asset within the Cardano ecosystem, which currently has a total value of $196.6 million locked in it. Specifically, over $90 million of these funds are in the decentralized exchange Minswap and the collateralized debt protocol Indigo, according to DeFiLlama.
SNEK Community Initiatives and Token Burning
The SNEK community has been busy with several projects, including the launch of an energy drink available in a 12-pack for $45. Theyâve also been working on a web3 game set to be released soon and introduced a staking system called âLast Snek Standingâ for token holders. This staking system rewards those who keep their tokens staked until the staking period ends.
Additionally, the SNEK community is implementing seven different methods to reduce the current circulating supply of 70.8 billion tokens. These methods include a token bridge, a staking pool, rewards from liquidity provider trading fees, lending, and an ADA raffle system, among others.
The rise in SNEKâs price coincides with Weiss Ratings endorsing Cardano as a valuable addition to any cryptocurrency portfolio during a bullish market. Weiss Ratings is a long-established US-based company providing analytical research on various investment options, including cryptocurrencies.
Important:Â Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Bitcoin #CryptoNews #Cardano #Memecoin #SNEK
The price of $SNEK, a well-known memecoin on the Cardano ($ADA ) platform, has increased by more than 56% in the past week and by over 16% in the last 24 hours, surpassing the overall cryptocurrency market performance.
Based on market data, SNEK had a trading volume of over $770,000 in the last 24 hours and a fully diluted market value of just $16.8 million, making it a relatively small cryptocurrency. This memecoin, which describes itself as the âchillest meme coin on Cardano,â has goals like building a community, supporting decentralized finance on Cardano, and providing rewards to its holders.
SNEKUSD Chart via TradingView
Growing Demand and Community Development Boost SNEKâs Price
The recent price increase in this cryptocurrency may be due to increasing demand, despite its limited liquidity. Itâs important to mention that the SNEK community has been actively working on developing the SNEK ecosystem.
The SNEK community highlights that SNEK is the most actively traded asset within the Cardano ecosystem, which currently has a total value of $196.6 million locked in it. Specifically, over $90 million of these funds are in the decentralized exchange Minswap and the collateralized debt protocol Indigo, according to DeFiLlama.
SNEK Community Initiatives and Token Burning
The SNEK community has been busy with several projects, including the launch of an energy drink available in a 12-pack for $45. Theyâve also been working on a web3 game set to be released soon and introduced a staking system called âLast Snek Standingâ for token holders. This staking system rewards those who keep their tokens staked until the staking period ends.
Additionally, the SNEK community is implementing seven different methods to reduce the current circulating supply of 70.8 billion tokens. These methods include a token bridge, a staking pool, rewards from liquidity provider trading fees, lending, and an ADA raffle system, among others.
The rise in SNEKâs price coincides with Weiss Ratings endorsing Cardano as a valuable addition to any cryptocurrency portfolio during a bullish market. Weiss Ratings is a long-established US-based company providing analytical research on various investment options, including cryptocurrencies.
Important:Â Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Bitcoin #CryptoNews #Cardano #Memecoin #SNEK
