The Chillest Coin on Cardano Is Heating Up
Snek ($SNEK), the self-proclaimed “chillest meme coin,” continues its ascent as Cardano’s flagship memecoin.
As of May 14, SNEK boasts a market cap nearing $290 million, solidifying its position as a top-tier asset within the Cardano ecosystem. This surge follows its recent listing on Kraken, making it the first Cardano Native Token (CNT) to debut on a Tier 1 centralized exchange.
Market Stats
•Price: $0.00389
•24H Change: +2.62%
•7-Day Change: +21.5%
•30-Day Change: +39.56%
•Market Cap: $289.58M
•24H Volume: $1.85M
•Circulating Supply: 74.5B SNEK
•All-Time High: $0.00907 (Dec 5, 2024)
•All-Time Low: $0.00006165 (May 13, 2023)
•Rank: #218 (CoinMarketCap)
What’s Fueling the Surge?
•Kraken Listing: On April 28, SNEK became the first Cardano Native Token listed on Kraken, enhancing its visibility and accessibility.
•Community Engagement: SNEK’s vibrant community and meme-driven culture have played a significant role in its growth.
•Cardano Ecosystem Integration: Inclusion in the Trakx Cardano Ecosystem Crypto Tradable Index has broadened SNEK’s exposure to investors.
Final Take
SNEK’s rise underscores the potential of community-driven projects within the Cardano ecosystem. With strategic listings and active community engagement, SNEK continues to solidify its position as a leading memecoin.
