
Cardano founder Charles Hoskinson has shown interest in a newly launched meme coin on the Cardano blockchain by enquiring about it in his latest tweet. What is it that has caught the attention of the founder of Cardano, one of the largest blockchain networks in the world?
SNEK- The New Token
Snek is a new meme coin that operates on the Cardano network. The token was founded by a well-known member of the Cardano community, goofycrisp, along with co-founders MasterofC and JSHy. The token has a total supply of 76.7 billion tokens, with 50% of the tokens distributed during the presale.
Cardano Founder Hoskinson tweeted–
What the heck is this #Snek thing that people keep tweeting about?
Following his tweet, SNEK has seen a surge in its price, up 16.13% in the past 24 hours.
While some may see Hoskinson’s interest in Snek as a promotion tactic, it is also a testament to the growing popularity of the Cardano network.
SNEK Price Movements
After a successful presale, Snek launched on the leading Cardano-based decentralized exchange SundaeSwap with a market capitalization of $275K.
As of May 11, 2023, SNEK is currently trading at 0.000278 ₳, with a market capitalization of $21,331.
During the presale on April 27, 2023, the token gained massive traction on Twitter, with over 2,000 ADA tokens sent to the presale address within minutes of the token sale going live. The presale ultimately hit a milestone of 112,000 ADA coins in 519 transactions.
The post Cardano Founder Takes Notice of This New Meme Coin appeared first on CoinGape.
- Website
- Mobile app
- Telegram Channel
- Telegram Group
- YouTube
- Binance Referral Link
- Bitmex Referral Link
- (Recommended For Leverage) ByBit Referral Link
- Buy Ledger Nano at discounted price
- Buy Cool Wallets at discounted price
Don't forget to share your review/suggestions for the android app.
All In One Crypto App is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by All In One Crypto App or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risks