Snek: In this article, we cover a detailed review of Snek. How does Snek Crypto work & Are important features?
About Snek
Snek seeks to become the go-to coin in Cardano ecosystem for casual memes. It distinguishes itself by emphasizing fair distribution at launch; no part of its supply will be reserved for team members alone, creating an atmosphere of transparency and inclusion. The coin’s approach consists of providing an optimal level of circulation and emissions from its inception, creating a sustainable ecosystem for its users.
The primary aim is to unite various communities within Cardano while also welcoming users from outside chains, expanding its reach beyond its immediate sphere. Through uniting communities and onboarding users from outside chains, SNEK strives to foster an accessible space that welcomes everyone.
Snek Point Table
| Coin Basic | Information |
|---|---|
| Coin Name | Snek |
| Short Name | SNEK |
| Max Supply | 76,715,880,000 |
| Total Supply | 76,715,880,000 |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
Shiryo Price Live Data
The live Snek price today is $0.000401 USD with a 24-hour trading volume of $391,229 USD. They update to USD price in real-time. This is down 2.17% in the last 24 hours. The current CoinMarketCap ranking is #498, with a live market cap of $28,393,858 USD. It has a circulating supply of 70,834,835,671 SNEK coins and a max. supply of 76,715,880,000 SNEK coins.
In SNEK trust
The vision is to create a sustainable and inclusive token on the Cardano blockchain, providing a fun and rewarding experience to our community. They think it is necessary to experiment, innovate, make mistakes, adapt and use the tools available to our advantage. We believe in the power of community as being the most important factor in the success of a project. Our #1 mission will always be to keep our holders happy and entertained in the most transparent and fairest way.
Tokenomics
100% Fair launch. 0% to the founder. By the community, for the community.
Presale holders – 50%
Participants in the presale shared 50% of the token supply proportionate to the amount of ADA they provided. Presale took place from 2023-04-27 11pm EST to 2023-04-28 5am EST and was open to the public with no prior qualifications.
Initial liquidity – 40%
DEX initial tokens deposit along with all the presale proceeds. LP tokens will be sent to a multisig wallet for safety.
Airdrops – 2%
Memes, contests, community events, etc. 1% will be distributed within the first week.
Utility – 5%
Farming, small partnerships, project developments, innovations.
Reserved – 3%
CEX listing requirements, expansion opportunities, large partnerships, miscellaneous.
How to Buy
Nami wallet
User-friendly browser light wallet. Perfect for newcomers from Ethereum and Solana.
Vespr wallet
Hugely popular and easy to use. Vespr wallet is fast becoming a favorite among Cardano natives who are always on the go.
Features
Fair Distributed Launch
The ensures a fair launch by allocating its initial supply in an open and transparent fashion; no portion is set aside exclusively for any of its team participants, creating an even playing field between all participants.
High Circulating Supply/Low Emissions
Since day one, It has maintained a balance between high circulating supply and emissions – creating a sustainable ecosystem while preventing excess token concentration – and low emissions. This approach ensures long-term stability.
Community Unification
The primary mission is to bring communities across Cardano together through its collaborative activities. By gathering individuals of diverse backgrounds and interests together under its umbrella, SNEK creates a vibrant, inclusive community that encourages collaboration and participation.
Onboarding New Users
The goes beyond its primary mission of supporting Cardano communities to actively bring new users onboard from outside chains. By reaching out to individuals familiar with other blockchain networks, SNEK broadens its influence while introducing Cardano to more people – driving adoption and growth along the way.
Memetic Appeal
They takes an entertaining and engaging approach to meme coins by using its humorous, relatable nature to provide users with an entertaining and enjoyable experience. Through meme-driven techniques, SNEK cultivates an air of fun and entertainment which makes it a suitable cryptocurrency investment option.
Conclusion
The strives to become the ultimate chill meme coin within the Cardano ecosystem by adhering to a fair distributed launch with no special allocation for team members; SNEK promotes transparency and inclusivity by being accessible for everyone involved with its development and launch. Starting out, SNEK coin offers high circulating supply and emissions-reduced emissions, creating a sustainable ecosystem.
Aiming to unify communities throughout Cardano while welcoming users from outside chains, it promotes diversity. SNEK stands out as an appealing and fun cryptocurrency platform with its memetic appeal and commitment to fun. By adopting these features, SNEK strives to become the go-to meme coin on Cardano, creating an active and connected community.
FAQ
What is SNEK?
This is a meme coin built on the Cardano blockchain that strives to be the most relaxed and laid-back cryptocurrency within the Cardano ecosystem. It combines humor, inclusivity, and a fair distribution model to create an engaging and enjoyable experience for its users.
How does SNEK ensure a fair distributed launch?
They ensures a fair distributed launch by allocating 0% of the token supply to the team. This transparent approach promotes an equal opportunity for all participants, preventing any preferential treatment or unfair advantage.
What is the circulating supply and emissions strategy of SNEK?
The maintains a high circulating supply and low emissions right from the start. This strategy ensures that the token distribution is widespread and avoids concentration in the hands of a few individuals or entities. It also helps create a sustainable ecosystem by minimizing excessive token creation.
What is the goal of SNEK?
The aims to unite communities across the Cardano network. By fostering collaboration and engagement among diverse communities, SNEK creates a vibrant and inclusive environment where individuals from different backgrounds can come together.
How does SNEK onboard users from outside chains?
The actively seeks to onboard users from other blockchain networks, expanding its reach beyond the Cardano ecosystem. By introducing newcomers to Cardano, SNEK promotes adoption and growth, contributing to the overall expansion of the Cardano community.
