Memecoin $SNEK Soars 200% as Cardano Transaction Volume Hits New Highs

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The price of $SNEK, a meme coin rooted in the Cardano ($ADA) ecosystem, has surged by more than 200% in the past week. The surge took place predominantly over the weekend, a time generally characterized by reduced trading volume. SNEK is, at the time of writing, trading at $0.00038 after experiencing a slight decline from a high near $0.0005. The cryptocurrency was earlier this week trading at around $0.00015, representing