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Cardano founder Charles Hoskinson has proven curiosity in a newly launched meme coin on the Cardano blockchain by enquiring about it in his newest tweet. What is it that has caught the eye of the founder of Cardano, one of the biggest blockchain networks on this planet?
SNEK- The New Token
Snek is a brand new meme coin that operates on the Cardano community. The token was based by a widely known member of the Cardano neighborhood, goofycrisp, together with co-founders MasterofC and JSHy. The token has a complete provide of 76.7 billion tokens, with 50% of the tokens distributed in the course of the presale.
Cardano Founder Hoskinson tweeted–
What the heck is that this #Snek factor that individuals maintain tweeting about?
Following his tweet, SNEK has seen a surge in its worth, up 16.13% prior to now 24 hours.
While some may even see Hoskinson’s curiosity in Snek as a promotion tactic, it’s also a testomony to the rising reputation of the Cardano community.
SNEK Price Movements
After a profitable presale, Snek launched on the main Cardano-based decentralized trade SundaeSwap with a market capitalization of $275K.
As of May 11, 2023, SNEK is currently buying and selling at 0.000278 ₳, with a market capitalization of $21,331.
During the presale on April 27, 2023, the token gained large traction on Twitter, with over 2,000 ADA tokens despatched to the presale tackle inside minutes of the token sale going reside. The presale in the end hit a milestone of 112,000 ADA cash in 519 transactions.
The introduced content material might embrace the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any accountability in your private monetary loss.
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