11 months ago
2 mins read
Memecoin $SNEK Soars 200% as Cardano Transaction Volume Hits New Highs
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 a significant rise in a few days. With the surge in value, SNEK has become the fourth-largest token within the Cardano ecosystem, with a market capitalization of around 80 million