Home web3.0 Snek: The Memecoin 2.0 That\'s Taking the Crypto World by Storm

Snek: The Memecoin 2.0 That\'s Taking the Crypto World by Storm

Jun 26, 2024 pm 02:53 PM

Snekisa, a community-owned brand (one of the fastest growing brands in the world) led by a team of reputable engineers with the creative minds behind the crypto space.

Snek: The Memecoin 2.0 That's Taking the Crypto World by Storm

When it comes to successful meme coins, they all start out as a new idea. One of the latest ideas that's quickly gaining a foothold in the crypto world is Snek, a meme coin that strives to be more than just any other meme coin. Snek was first launched on the Cardano crypto ecosystem in February of 2022. It's a community-owned brand (the world's fastest-growing one) and led by a team of reputable engineers with the creative minds behind the crypto space, including Cardano celebrities GoofyCrisp, Sal, Rami, MrGoldenhour, and brand director Maxwell Maher. Together, they've created a meme coin that puts its community first, and these acts of generosity have resonated in the crypto world.

When Snek was still new and relatively unknown on Cardano, a massive NFT project known as Yummi Universe abruptly rug-pulled its holders. This left more than five thousand people holding a virtual asset that became worthless overnight. In response, the Snek team did something that no meme coin has ever done —it announced that the Yummi Universe rug-pull wasn't in alignment with the kind of Cardano community users were striving for. Snek airdropped free Snek tokens into every digital wallet that was holding the devalued Yummi Universe NFTs. That airdrop was worth around $25,000, and it certainly caught a lot of attention from the broader crypto world. As a result, Snek became known as the “community coin of Cardano.” This act was a catalyst for creating a fiercely loyal user base.

Although the Snek community is considerably smaller than the surrounding communities holding more established meme coins, its level of engagement is higher than many coins with millions of followers. Now, Snek is once again taking an innovative approach to raising its profile. In the wake of Binance's call for smaller tokens to apply to be listed on the site, one Snek community member has launched a campaign that has been drawing the attention of many. RTB, an avid Snek contributor and creator of the SneksonChainXspace, started a marathon livestream, vowing to keep the SneksonChainXspace streaming until Binance agrees to list Snek. The stream began in late May, and RTB has vowed to keep going. In that time, countless people, including billionaire Charles Hoskinson, stopped by the space to talk or simply to see what was going on . This marathon livestream broke the world record for the longest Xspace of all time.

Will that ambitious livestream help sway Binance in Snek's favor? Maybe. But Snek's roadmap for the future includes several different avenues. In addition to the cryptocurrency, the Snek The team has also released various Snek-branded software tools and even a drink called Snek Energy. These other offerings are part of the core team's effort to break free from the constraints of the typical meme coin. The team refers to Snek as a “meme coin. 2.0” because what they're creating isn't just another cryptocurrency—it's a decentralized, community-owned brand.

So, what does Snek hold for you? If you're someone who follows the dynamics of the crypto market, this is certainly a project to keep tabs on. For those looking to get in on the ground floor of a coin with growth potential, now is the time. And even if you aren't inclined to invest, you may find that the Snek Energy drink —in “Blue Citrusss” flavor—becomes your new favorite beverage.

The above is the detailed content of Snek: The Memecoin 2.0 That\'s Taking the Crypto World by Storm. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Roblox: Bubble Gum Simulator Infinity - How To Get And Use Royal Keys
3 weeks ago By 尊渡假赌尊渡假赌尊渡假赌
Nordhold: Fusion System, Explained
3 weeks ago By 尊渡假赌尊渡假赌尊渡假赌
Mandragora: Whispers Of The Witch Tree - How To Unlock The Grappling Hook
3 weeks ago By 尊渡假赌尊渡假赌尊渡假赌

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

Hot Topics

Java Tutorial
1664
14
PHP Tutorial
1269
29
C# Tutorial
1249
24
OM Mantra Cryptocurrency Crashes 90%, Team Allegedly Dumps 90% of Token Supply OM Mantra Cryptocurrency Crashes 90%, Team Allegedly Dumps 90% of Token Supply Apr 14, 2025 am 11:26 AM

In a devastating blow to investors, the OM Mantra cryptocurrency has collapsed by approximately 90% in the past 24 hours, with the price plummeting to $0.58.

TrollerCat ($TCAT) Stands Out as a Dominant Force in the Meme Coin Market TrollerCat ($TCAT) Stands Out as a Dominant Force in the Meme Coin Market Apr 14, 2025 am 10:24 AM

Have you noticed the meteoric rise of meme coins in the cryptocurrency world? What started as an online joke has quickly evolved into a lucrative investment opportunity

The Crypto Market Has Witnessed a Rebound Following the Recent Sheer Downturn The Crypto Market Has Witnessed a Rebound Following the Recent Sheer Downturn Apr 13, 2025 am 11:40 AM

The crypto market has witnessed a rebound following the recent sheer downturn. As per the exclusive market data, the total crypto market capitalization has reached $2.71Ts

As Fear Drives Selling, BlockDAG (BDAG) Stands Out from the Crowd As Fear Drives Selling, BlockDAG (BDAG) Stands Out from the Crowd Apr 13, 2025 am 11:48 AM

As fear drives selling in the crypto market, major coins like Cardano and Solana face tough times.

US Senate Draft Legislation Threatens to Hit Data Centers Serving Blockchain Networks and Artificial Intelligence Models with Fees US Senate Draft Legislation Threatens to Hit Data Centers Serving Blockchain Networks and Artificial Intelligence Models with Fees Apr 12, 2025 am 09:54 AM

The draft bill purportedly aims to address environmental impacts from rising energy demand and protect households from higher energy bills

Bitwise Announces the Listing of Four of Its Crypto ETPs on the London Stock Exchange (LSE) Bitwise Announces the Listing of Four of Its Crypto ETPs on the London Stock Exchange (LSE) Apr 18, 2025 am 11:24 AM

Bitwise, a leading digital asset manager, has announced the listing of four of its crypto Exchange-Traded Products (ETPs) on the London Stock Exchange (LSE).

Metaplanet Expands Its Bitcoin Treasury Holdings by Another 319 BTC Metaplanet Expands Its Bitcoin Treasury Holdings by Another 319 BTC Apr 15, 2025 am 11:20 AM

In an announcement made earlier today, Japanese firm Metaplanet revealed it has acquired another 319 Bitcoin (BTC), pushing its total corporate holdings beyond 4,500 BTC.

Nightfall: A Privacy-Enhancing Protocol for Ethereum Blockchains Nightfall: A Privacy-Enhancing Protocol for Ethereum Blockchains Apr 13, 2025 am 10:48 AM

In the rapidly evolving world of blockchain technology, EY's Nightfall protocol has emerged as a significant development.