Reddit Posts
Cardano DEX Minswap Sees Volume Jump Driven by SNEK, BANK Meme Coins
Cardano meme coin SNEK scales new heights - hitting new all-time high
Cardano Transactions Spike 1.5M as SNEK Rallies to All-time High 🐍🐍🐍
Cardano is a swamp of useless N.F.Ts and meme(shit) coins
Mentions
Why are you SNEK and why is a SNEK eating ramen ??
maybe. Definitely Pepe. And BONK. And SNEK.
yes Cardano multisends natively and Ethereum multisends with smart contracts, and while native might be safer it isn't a TPS advantage and doesn't justify the "but transactions within transactions" argument you constantly hear good point on input endorsers, i hope it doesn't take too long yes complete agree staking experience is better on Cardano Minswap isn't completely open source, the offchain batcher is closed source Where did you see liqwid is open source? Only the governance module (Agora) and some tooling is open source, but not the smart contracts themselves By economically sustainable I mean even if the chain was at 100% load, transaction fees wouldn't come anywhere near replacing the current rate of inflation. The highest I've ever seen is 95% inflation and 5% fees during multi day congestion (this was when Sundaeswap & SNEK launched). And since inflation is decreasing rapidly and transaction fee revenue ISN'T increasing rapidly, more SPOs have to close down.
I get it, how about this.. Here's a list of tokens in the Cardano ecosystem you can check out for yourself (dyor) that done crazy gains if you were tapped in and invested in the ecosystem. Use [taptools](https://x.com/TapTools) (link to their twitter) to check yourself.. $IAG, $ENCS, $NVL, $SNEK, $CGI, $SKY, $LENFI, $HUNT.. I'm not saying these are to invest in now, just examples of projects (if you got in early were quite profitable).
Alt season isn’t until November. SOL is a scam and has been exposed as frauds. Most of the articles published that talk highly of SOL where also paid by them to write said articles. Ya it’s price is going up and I hope people make a boat load of money this run, but the idea that Cardano is dead it absolute nonsense and those who are saying such have strong opinions about things they no nothing about. They see pricing and that’s it. They see Cardanos price sitting static and think “oh, this must suck.” My god let’s review what Cardano has been up to over the year: currently under the works of finalizing governance with its constitution CIP-1684; its system was able to single handily handle a DDoS attack; its 9.0 node now holds majority; multiple counties have expressed interest in applying their government systems onto the Cardano ecosystem; has survived two cycles while having no product what so ever; averaging 3k newly users per week, and when the Bitcoin ETF’s kicked in ADA’s price went up along with it. Do you realized what that means? Any crypto that followed that wave have shown that they are in sink into the market. ADA is an alt coin, just wait till alt season (which is estimated to be in late November) and you’ll see ADA’s price shoot up just like it did the previous two cycles. Oh and don’t forget, the creator of Cardano Charles H. is also an original founder of Eth & the main guy behind Eth (tbh idk his name) has spoken highly of Charles and what Cardano has been able to accomplish. What has SOL done, you may ask? Meme coins. That’s it. Meme coins. Nothing else other than paying people to talk good about SOL. “What about the prices? SOL is going and not ADA?” Ya, that’s because ADA has yet to allow devs to build on it yet. Charles and his team have constantly said they are waiting till they have a PERFECT product to provide people. Not some rushed BS. Thus, there’s been little to no building in the ADA ecosystem. There is a coin built on the ecosystem called SNEK and it’s done quite successful. I mean come on people, do your homework. Don’t just look at the price and call it a day.
SOL is a scam and has been exposed as frauds. Most of the articles published that talk highly of SOL where also paid by them to write said articles. Ya it’s price is going up and I hope people make a boat load of money this run, but the idea that Cardano is dead it absolute nonsense and those who are saying such have strong opinions about things they no nothing about. They see pricing and that’s it. They see Cardanos price sitting static and think “oh, this must suck.” My god let’s review what Cardano has been up to over the year: currently under the works of finalizing governance with its constitution CIP-1684; its system was able to single handily handle a DDoS attack; its 9.0 node now holds majority; multiple counties have expressed interest in applying their government systems onto the Cardano ecosystem; has survived two cycles while having no product what so ever; averaging 3k newly users per week, and when the Bitcoin ETF’s kicked in ADA’s price went up along with it. Do you realized what that means? Any crypto that followed that wave have shown that they are in sink into the market. ADA is an alt coin, just wait till alt season (which is estimated to be in late November) and you’ll see ADA’s price shoot up just like it did the previous two cycles. Oh and don’t forget, the creator of Cardano Charles H. is also an original founder of Eth & the main guy behind Eth (tbh idk his name) has spoken highly of Charles and what Cardano has been able to accomplish. What has SOL done, you may ask? Meme coins. That’s it. Meme coins. Nothing else other than paying people to talk good about SOL. “What about the prices? SOL is going and not ADA?” Ya, that’s because ADA has yet to allow devs to build on it yet. Charles and his team have constantly said they are waiting till they have a PERFECT product to provide people. Not some rushed BS. Thus, there’s been little to no building in the ADA ecosystem. There is a coin built on the ecosystem called SNEK and it’s done quite successful. I mean come on people, do your homework. Don’t just look at the price and call it a day.
If there's not a $SNEK as of yet... somebody needs to create this... 🤔😏
First they took away the SNEK awards. Then they sunset RCP's. And now they take away those shitty expressions. Just another Spez decision!
> For one thing, you didn't have PoS for the longest time. First let's be clear that this is Ethereum, not "you". Second, PoS in Ethereum's form did not exist before. Third, Upgrading Ethereum while it's running without downtime is a much more difficult task than launching from scratch. > Even now, when you do technically have it, it's still not ideal b/c you have to give custody of your coins to an SPO; this defeats the whole point of self-custody. I have no idea what an SPO is, but it doesn't really matter because you can self custody and stake yourself as a solo validator. If you want to move goal posts and say "but muh 32 eth", you can still use a liquid staking token which is also self custody. > With Cardano, you can stake your coins and receive interest every epoch (5 days) without giving up custody. You keep custody but you are delegating because cardano is delegated proof of stake, which centralizes the chain. > More than that, you can't scale on L1 to more than 20-30 TPS or whatever the rate is for ETH L1; Yes, when you want to keep the chain decentralized and not make it dPoS (see above) this becomes a challenge. This isn't 2017 anymore though, L2s are here to stay and a proven path forward for scaling. > with Cardano, you can theoretically and practically scale on L1. It appears everything with cardano is theoretical > Like I said in my top-level comment, you can send multiple different assets to multiple different receivers with the same transaction. That's great because otherwise you'd need to wait to do another transaction since CH thought it was a great idea to use UTXOs > For example, I can send ADA to Friend A, LQ to Friend B, and SNEK to Friend C all in one transaction. Good luck finding 3 friends that are willing to use cardano
For one thing, you didn't have PoS for the longest time. Even now, when you do technically have it, it's still not ideal b/c you have to give custody of your coins to an SPO; this defeats the whole point of self-custody. With Cardano, you can stake your coins and receive interest every epoch (5 days) without giving up custody. More than that, you can't scale on L1 to more than 20-30 TPS or whatever the rate is for ETH L1; with Cardano, you can theoretically and practically scale on L1. Like I said in my top-level comment, you can send multiple different assets to multiple different receivers with the same transaction. For example, I can send ADA to Friend A, LQ to Friend B, and SNEK to Friend C all in one transaction. Finally, with ETH, there's no secure way to upgrade the chain, which is why all these changes usually take years. With Cardano, we change shit all the time without breaking the security model; it's possible b/c governance is built in.
Cardano isn't "under 100 TPS" in the same way that ETH L1 might be (it was 20-30 TPS last I checked); a sender can send many, potentially hundreds or thousands, of different assets to different receivers in one transaction on Cardano, which they very much can't do on Ethereum. Example: I can send ADA, LQ (governance token for Liquid lending protocol), and SNEK (memecoin) all in one transaction, along with hundreds or thousands of other Cardano-native assets, but it would take me hundreds or thousands of transactions to send all those assets on Ethereum. Cardano has more like 500 TPS ON AVERAGE as of last year once you factor that in (probably could handle a lot more), but scalability has improved a lot since then. This explanation is completely wrong. Cardano obviously doesn't store every UTXO in memory; it uses a SQL database that gets persisted to disk (e.g., SSD). The reason for the minimum UTXO amount, like another commenter said, is to keep an attacker from spamming the network with many tiny UTXOs containing dust. The minimum UTXO amount is now set at 1-1.5 ADA, but it can be changed as a governance parameter whenever the holders want; they just pass it through their governance system, which was meticulously designed so this kinda stuff could be changed. Go watch some YouTube videos or something with an actual open mind instead of spewing this brain-dead bullshit to get upvoted by other toxic ETHbros
Yes, ADA bag dca loaded over 2 years, some SNEK too! ✌️
SNEK and FREN for the lol. Other than that i dca eth for the upcoming etf pump
ADA/SNEK/WMT/ICX/ERGO/SOL As for why, I've had ADA for a while, its slow moving but I've still got hope. Snek is the biggest memecoin on it and I've had ADA/SNEK in a liquidity farm for a long while. WMT is my preferred Cardano Native token and has been on a run. I've been stuck with ICX for ages, definitely going to dump it if it goes up to a even semi decent place, I used to be a fan but I'm just straight up bag holding. Ergo I thought it looked good, price has been battered but I like what they are doing. Then SOL I dumped a few hundred in and will likely add more to that + ergo
Who would ever hold complete trash? Gosh, meme coins are SOOO dum- wait hold up, I hold PEPE, BONK, SNEK, BIG RED, and COQ - carry on, degenerates.
With $70 might as well go meme coins. SNEK is still pretty small.
I bet on SNEK. Best option on Cardano
How is this cope? I've already 6X my entire bag making moves in Cardano ecosystem already. I got 100x gains on MILK token 30x gains on IAGON token 40x gains on SNEK token 20x gains on ENCS token 12x gains on CNCT token The list goes on. ​ Go ahead, ignore one of the easiest and most obvious market moves in crypto, I couldn't give less of a fuck if you don't think there's serious opportunity in that ecosystem still.
I used minswap to swap some ADA for some SNEK tokens
I miss our danger noodle mascot! I think I’ll have to invest in SNEK
My main bag is BTC and ADA. But low caps are SNEK, XCN, OCEAN and INJ
SNEK on Cardano will do well once the bullrun is in full force.
ADA ADA ecosystem tokens (MILK, LENFI, INDY, SNEK, AXO)
SNEK 🐍. worthless shitcoin but the most popular one on the cardano chain. if other layer 1 memecoins (Solana chain) explode, maybe the cardano ones will pump next. also not listed anywhere, so potential to do some big numbers. nfa
Maybe not but they do have SNEK 🐍 *which also released an energy drink 😝
just to diversify the shitcoin conversation here... SNEK did a solid >100% pump this week 🐍🐍🐍 another stupid memecoin but I wonder if meme coins on different l1 chains can pump as hard as the Solana ones.
This could not be further from the truth Harambe is up 600% last month Pepe is up 350% A $10 bitcoin ordinal mint is now selling for nearly half a bitcoin. The people who were early to ordinals are rich now. Ordinal Maxis are almost at 1 BTC. I could keep listing gains I've observed in the last few months, no shortage of 10xs, take something like SNEK and that's already up over 100x since it launched last year. ​ The difference is you have to be in the trenches looking for these things, keeping up with culture and trends participating in new ecosystems, projects, etc. ​ Right now people are getting rich quick on Blast, they're also getting rugged like you wouldn't believe. ​ The "wild west" era of crypto is just no longer in the L1s.
SNEK...if it gets listed on a major exchange.
I’d say some of the projects within the Cardano ecosystem. $SNEK is a good meme coin, $AGIX, $IAG, $COPI and $BANK for gaming. And while it’s slower because it’s Cardano, who the fuck cares when it’s SAFE and predictable to use. This is a no-brainer to me. Cardano projects will go to the moon like any other chain. But the risk is so much lower on Cardano. Speed will come, that’s not the most important right now. Other, much larger problems needs to be solved first. Then those will and can scale later.
ADA, SOL, ALGO, SUI, IAGON, XRP, and SNEK for a moonshot
Cardano changes my life from a simple person to the wealthiest in the district. Strong projects deployed in the ecosystem. DeFi blooming with lots of lending protocols, cross chain functionality and world class DEX which looks better than any CEX. Axotrade, Minswap, SundaeSwap, Liquid, Fluid, LenFi, Genius Yield, Wingriders and lots more. Two oracles project deployed and it is fully decentralised; Orcfax and Charlie. DePin narratives get it covered by World Mobile Token (gives internet to the masses) and Decentralised Storage IAGON which build on top of the most secured blockchain Cardano. Privacy matters? You have got Encoins to secure your transactions plus ZK Folders projects being deployed rapidly. Cardano don’t have meme? SNEK and HOSKY and FREN are awaiting you to get involved. Don’t fancy degen projects, Cardano have Real Estate Project, Commodities in the tables like GoKey, Empowa and Palmyra Mission is to bank the unbanked will be successful with Cardano. Don’t fancy to get involved into the ecosystem, collect your airdrop every 5 days through the delegation of your ADA, helping the network to be decentralised. All is liquid staking and you can move your fund anytime. No false hope staking where you need to lock for a certain period. With Raspberry, you can deploy staking pool and help the decentralisation of the protocol and network.
Blue chip: ADA Medium Risk: SOL Degen coin: SNEK
SNEK also has an energy drink product so this one you mentioned is not the only on you can taste
add SNEK to the memes list because it's been performing pretty well, unlike COQ. Then there's all the memes on Solana which I'm honestly a little hesitant to mess with, but I'm hoping/assuming they'll trickle into other alts or BTC eventually.
All true. All true. No doubt. I just got about 5% of my port in COQ and SNEK rn, nothing else. A little risky but not too bad - I hope. BONK was dope when it first listed on CB and went crazy, I remember timing that 1m chart and made some of my best trades of 2023 that day.
Look at $SNEK on Cardano chain. Mighty interesting gamble. Deflationary, no "premining" to devs, more CEX incoming. It's young and vigorous.
Let's start with a coinbase SNEK listing
Agreed, I’ll keep my SNEKs in their cold SNEK pit
He’s fucked it for us! Oh well, back to stacking SNEK…
An ADA-ETH-DOT ETF would be more probable! But would still be extremely profitable for a SNEK bag holder!
BTC maximalists shunning every other crypto or FIAT. Dudes need to chill, open their minds to other possibilities and buy some SNEK!
Indeed, this is a watershed moment for the industry and probably the most impactful development since BTCs inception Next up: SNEK ETF!
Next up: the SNEK ETF!
Where you buying SNEK at?
This month I expect Alts to pump way more than BTC/ETH, and I’m expecting obscure MEMEs such as SNEK to moon!
I envisage that those who sell BTC upon ETF approval will then invest into alts as has happened every other cycle The halving is less of a catalyst than it once was Alt season hasn’t kicked in yet, so many are so far from their ATHs The biggest winners are usually the obscure MEME coins, I’m backing SNEK for 2024 and so far so good 😊!
Agreed, but I can see Alts like ADA and MEMEs like SNEK outpump big daddy
Forget Moons, we should all just use SNEK!
Technically I would not say so. Something like SNEK is a true deflationary crypto asset
Great, now I can buy some SNEK
They should speak to the SNEK PR team and get an AI MEME generator
Do any of them hold SNEK
Yes, that is why I’m stacking SNEK
I just stack SNEK in a wallet
Concentrate it all on SNEK for life changing gainz! And I would be prepared for it to fail!!
ADA ADA ADA ADA and lets not forget ADA WMT IAG AGIX GENS SNEK
In 2017 the ICO boom was very real ... until it wasn't. There were tons that shot up in value very quickly, bit virtually none stuck around. At that time Ethereum was the only network where smart contracts and dAppps were possible, so these were all ERC20 tokens that were traded directly for Eth. Out of this craziness we saw the first true meme shitcoin emerge in Doge. In 2021 there weren't as many, and maybe the most successful new coin that stuck around was Shiba. But there were a few others that seemed to have a strong following and community. All of these payed off big (although I sold my Shiba wayyyy to fucking early). My prediction for this bull is that we see higher upside on other L1's like Solana and Cardano, both of which have strong community and cheaper transactions than Ethereum. Solana is just a shitshow of memecoins and it seems like it might be difficult to find a clear winner this early. But I'd say a lot of people will get rich off of who knows what. Obviously BONK has had some success and there are a few others like GUAC that seem to be gaining a lot of attention - I won't mention all of them but you can easily find them on the Solana sub. Cardano isn't really meme focused and historically they would probably sort of turn their nose up to that sort of thing, being so damn academic and all. But over the past month we've seen quite a shift, specifically with SNEK and FREN. Last week SNEK became the highest market cap memecoin on Cardano in short order, hitting $100M with about 20k holders. FREN came out like a week ago and has now already passed all other Cardano tokens in daily trading volume. The FREN (ADAPeepos) network is also supposedly launching an exchange soon but I can't confirm that this is true as I haven't really investigated this too much yet. One thing that's nice about Cardano memecoins is that there are far less tokens to focus on so whatever degenerates exist in that community don't need to spread as thin to provide the same support. In any case if the recent months are any indication it looks like the next year or so will be another fucking shitshow. Good luck
BONK could be fine - but so could any other #1 meme coin on any other network at the moment. Maybe look at those options (COQ and SNEK are some examples). DOT has just barely gotten started and will likely be a solid long-term hold in 2024.
To continue, ETH is more decentralized and the tokens is in more hands than Solona, where fewer wallets in Solana owns a much larger of overall tokens %. But, swapping shitcoin in SOL is much cheaper than ETH. My personal experience is that I had a much much better user experience buying SNEK on Cardana and some token on Solana than any ERC20
Cmon SNEK, stop teasing us, just go over 0.002 already
Can someone please parabolically pump SNEK so I never have to work again?
SNEK is not disliked imho - compared to the likes of COQs and dogs with hats and other absurd shit lol
Sorry if misremember but weren't the charts usually red during xmas? Love to see this price action.. SOL, DOT & even the stupid meme coin SNEK is pumping.
Don't forget about catalyst either. I found it to be a breath of fresh air to have your vote recorded on the blockchain. I think we need this in politics now and for referendums like Brexit etc. There are some great use cases in crypto but it is hard to stand out when the only focus atm is just getting rick quick by buying BONK or SNEK or SOL. It is a shame that great projects like World Mobile Token don't get the recognition they deserve but hey, they are still chipping away and I will happily support ada's cause.
Rarely is it shitty ones. I already harvested capital losses on coins I felt weren’t coming back any time soon: jasmy and loopring were some major ones. Main bags right now is ADA and it’s meme coin SNEK which out of all the memes coins looks pretty solid. I’ve got AVAX and some memes on in: COQ is promising, KIMBO looks like it’s about to shit the bed but who knows… it 5x in one night a couple days ago. I sold my btc and Ethereum to pay bills awhile back so it’s whatever. If I actually make any gains I’d prob fill those bags again. I’ve got link, algo, ctsi, Atom, imx, dot , sol, inj, aave, trac, matic, xrp, xlm, bonk, nano
SNEK and SAMO surely
SNEK and COQ in da houuuuz
Anyone else loading up on SNEK? Cardano meme coins gotta be next right?
This week was a "meme week" for me. Decided to pause dcaing to BTC & ETH for once, and instead I yolo $100 each on SNEK, HUAHUA, dogwifhat, and monkeyhaircut. Let's see which one of this four make me a millionaire in a few months lmao
SNEK is looking hella nice, even on the ADA ecosystem. It's huge.
SNEK is another one I'm holding - my biggest degen bag actually. Same sentiment. When's it gonna fakkin move - and all this fake news about it being held by a select few wallets which isnt even true if you check their website. Jesus. KIMBO is my most degen hold - we'll see where that goes. Avalanche ecosystem keeps changing every day.
COQ, KIMBO, SNEK, WIF, BCOQ, the meme degen keeps of degenning
A scam is something created to rug pull or misrepresents itself. There is no difference in SNEK and any other Alt. You people who buy Alts thinking they are somehow different than memes are delusional.
I am gonna ride my SNEK gamble to some BONK-like heights or to 0 - no in between.
Cause obvs SNEK is the next coming of BONK
Already up 30% with my SNEK gamble... It really is meme coin season. I feel dirty 😭
SNEK is being danger noodle again
The SNEK hype keeps rising and it's still early to get in
I can't believe I am saying this, but after this BONK insanity I got fomo and actually bought some SNEK. Now I am on the meme coin train as well, ugh.
Remember cringing when people were shilling BONK and then feeling like a dumbshit cause you missed out on stupid gains? SNEK, man