2023-06-02 20:10:10
Exchange lists memecoin that rose 100% in 7 days
CriptoFácil – announced the listing of the token on its Twitter account. According to the announcement, trading has now been opened for users on the pair with the da stablecoin (SNEK/USDT).
“We are pleased to announce the launch of yet another blockchain-native memecoin, SNEK. $SNEK is a community-built token and strongly believes that a strong community will lead to the success of your project,” tweeted BiruBitrue. “With over 17,000 followers on Twitter and over 5,900 Discord members, it’s amazing to see how the community is supporting SNEK.”
As highlighted by the exchange, the Cardano memecoin rose by more than 425% within two weeks of its launch. Bitrue said that today more than 15,000 people own SNEK, whose market value is US$ 100 million.
“SNEK is one of the most bullish tokens in the Cardano ecosystem,” highlighted the exchange. “The SNEK team is aiming to surpass PEPE coin and even DOGE to become one of the top memecoins in the industry.”
About SNEK, Cardano’s memecoin
SNEK is a memecoin that says its goal is “to unite communities in Cardano and integrate new users of external blockchains”.
“Our vision is to create a sustainable and inclusive community-driven token on the Cardano blockchain, providing a rewarding experience for our token holders,” says the team.
The Snek team completed the pre-sale of tokens on April 28, giving away 50% of the total supply of 76,715,880,000 SNEK tokens to early backers. Shortly thereafter, the token was made public through a SundaeSwap listing.
According to data from CoinGecko, the price of Snek has risen by around 100% in the last 7 days, but has retreated by almost 14% in the last 24 hours alone.
Meanwhile, PEPE – which SNEK aims to outperform – has lost more than 12% in the last week and 2.1% in the last 24 hours. Despite this, PEPE occupies the 83rd position in the CoinGecko ranking by market cap, with US$ 531 million of “market cap”.
Meanwhile, SNEK does not have a defined ranking position. That’s because its market value is still uncertain, according to CoinGecko.
#Exchange #lists #memecoin #rose #days #CriptoFacil