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Cryptocurrency News Video

Is SNEK a savior or a bubble for Cardano? In-depth analysis of the deflation model and ADA niche value of meme coin SNEK | SNEK latest news

Sep 13, 2025 at 01:00 am AI说区块链

As the meme coin for the rise of Cardano ecosystem, SNEK has stood out with a community-driven model and innovative ecological layout since its launch in April 2023. Its fair start mechanism without team pre-allocation has won trust, with token allocations of 50% pre-sale, 40% initial liquidity, 2% airdrop, 5% development and 3% reserves. It currently has more than 84,000 holders, accounting for 16% of the transaction volume on Cardano chain, second only to ADA, and its market value is stable at the hundreds of millions of dollars. The token economy adopts a deflation model is the core highlight: tokens are destroyed through DEX repurchases and other DEXs every week, and ETH cross-chain bridges automatically destroy 1.07% of the conversion volume, and combined with the destruction of community activities, the 74.4 billion circulating in the total supply of 76.7 billion continues to decrease, forming long-term value support. Technically, relying on Cardano's PoS mechanism to achieve efficient and secure efficiency, expand the user base through ETH cross-chain bridge, and seamlessly integrate with mainstream wallets such as Nami to improve ease of use. Ecological diversification breaks through the boundaries of traditional meme coins: SnekFun token platform feeds back to the ecosystem with 50% of the protocol fee, Snek Energy Energy Drinks achieves sales of over 500,000 US dollars, and SnekBot trading robots expand to Discord. In June 2025, we will cooperate with Cardano developer IOHK to accelerate education and on-chain plans, and will be listed on mainstream exchanges such as Kraken and MEXC, which significantly improves liquidity and credibility. Competitive advantages lie in first-mover status and community vitality, maintain high participation through meme competitions and community voting, and build a differentiated moat. But the risks cannot be ignored: the inherent high volatility of meme coins, uncertainty in crypto regulation, dependence on the Cardano ecosystem, and the pressure of competitors such as Hosky to divert funds. Investment strategies need to focus on risk control. It is recommended to use only 5%-10% risky assets to allocate, adopt the US dollar cost average method, and pay attention to indicators such as trading volume and holder growth. In the long run, SNEK is looking forward to exploring the path of connecting DeFi applications to the real world, but its value realization still depends on the implementation of ecological landing and the overall development of Cardano, which is suitable for investors with strong risk tolerance and recognition of its ecological logic. [Note⚠️, cryptocurrencies are high-risk investments, and you may lose all your principal. If you don’t understand, it is recommended not to participate. This video does not have any investment advice, it is shared only as information] #SNEK #Cardano #ADA Ecology#SNEK Latest News
Video source:Youtube

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