Memecoins
This Memecoin Changed the Game Forever: The Story of Snek
Every success memecoin it starts as a new idea. One of the latest ideas that is gaining traction in the world of cryptocurrencies is Sneka memecoin that strives to be more than any other memecoin.
Snek was first launched on the Cardano crypto ecosystem in February 2022. It is a community-owned brand (the fastest growing in the world) and led by a team of reputable engineers with the creative minds behind the crypto space , including celebrities Cardano GoofyCrisp, Sal, Rami, Mr Goldenhour and brand director Maxwell Maher.
Snek has a history of putting its community first. These acts of generosity have resonated throughout the cryptocurrency world. When Snek was still new and relatively unknown on Cardano, a huge NFT project known as Yummi Universe suddenly took out 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 memecoin has ever done: they announced that the Yummi Universe carpet was not in line with the type of Cardano community users were advocating for. Snek launched free Snek tokens into every digital wallet that contained the devalued Yummi Universe NFTs.
That launch was worth around $25,000 and certainly attracted a lot of attention from the broader cryptocurrency world. As a result, Snek became known as the “community coin of Cardano”.
This act was a catalyst for creating an extremely loyal user base. While Snek’s community is considerably smaller than surrounding communities holding more established memecoins, its level of engagement is higher than that of many coins with millions of followers.
Now, Snek is once again taking an innovative approach to increase its visibility. In the wake of Binance request smaller tokens To apply to be listed on the site, a member of the Snek community launched a campaign that caught the attention of many.
RTB, a passionate Snek contributor and creator of Sneks on the chain X space, has started a live streaming marathon, promising to keep streaming Sneks on Chain X space until Binance agrees to list Snek.
The stream began in late May, and RTB promised to keep it going. In that time, countless people, including billionaire Charles Hoskinson, stopped by the space to talk or just watch what was happening.
This marathon live stream broke the world record for the longest X-space of all time. Will this ambitious livestream help Binance influence Snek? Perhaps. But Snek’s roadmap for the future includes several paths. In addition to cryptocurrency, the Snek team has also released various Snek brands software tools and also a drink called Snek Energy.
These other offerings are part of the core team’s effort to free itself from the constraints of the typical memecoin. The team refers to Snek as a “memecoin 2.0” because what they are creating isn’t just another cryptocurrency, it’s a decentralized, community-owned brand.
So, what does Snek have in store for you? If you are someone who follows the dynamics of the cryptocurrency market, this is definitely a project to keep an eye on. For those looking to access the ground floor of a coin with growth potential, now is the time.
And even if you’re not inclined to invest, you may find that the Snek Energy drink, in the “Blue Citrusss” flavor, becomes your new favorite drink.