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SNEK recent news summary (12.17-12.24) $ADA

I wish you all a Merry Christmas, and I am very happy to meet you in the group before the Lunar New Year of the Snake.

SNEK current price: $0.00609 (0.00679 ADA)
Number of holders on the chain: 39,315
Number of Chinese community members: 2,038
Repurchase and burn this week: 3.29 million SNEK, worth $20,530

1. On December 17, Snekfun’s new mechanism will be launched. The better the product, the stronger the brand recognition. In addition, 0.05% of the token trading volume after the new fundraising is successful will return to snekpit, and the community will decide how to use it. Currently, there are at least 14 new The token is affected by this new mechanism and is expected to earn at least 700 ADA. The team is also working hard to solve the robot problem;

2. On December 17, SNEK was listed on the XT exchange, and currently the trading volume is low;

3. On December 20, the team’s several-day team building and Year of the Snake planning ended. Goofy and Rapha were handling SNEK matters in the Cayman Islands before, Rami and Sal joined later;

4. On December 21, the integration of Flowdesk market maker CEX and DEX has been launched, which will help CEX’s trading depth and trading volume, and has nothing to do with the listing of currencies on major exchanges. “It is naturally more troublesome to be the first online currency in the ecosystem, but SNEK is working on it. Take on this important responsibility and pave the way for the ecology”;

5. On December 22, content about SNEK appeared on Binance Square, indicating that SNEK’s attention is constantly increasing, and many friends are also posting;

6. On December 22, someone asked "Will Midnight become the first ecological token to be listed on a major exchange?" Goofy replied "It will be helpful to SNEK, but we can't wait that long."

A friend asked about the fundamentals of $SNEK🐍

The core of it is this phrase: "The ultimate faith born in the faith community" $ADA

#Cardano has the third largest cryptocurrency community, aside from Bitcoin and Ethereum, continuously active since 2017 under the philosophy of @IOHK_Charles, having gone through three cycles, with a stable foundation, still maintaining a top ten market cap.

$SNEK is a high-quality community built within the #Cardano ecosystem, having undergone nearly 20 months of rigorous testing, evolving from mixed reviews to unanimous approval, with various ideas colliding, and an average holding time of over 300 days.

This October, the Cardano Summit further solidified this, as @Cardano_CF believes that @snek has made significant contributions to the on-chain ecosystem development, representing the best opportunity for #Cardano assets to globalize and reach top exchanges, a position that is irreplaceable.

The value of $SNEK lies in faith and community, with the right timing, location, and people, looking forward to the true outbreak of the first bull market🔥

Original author Rex Liu Twitter:

https://x.com/rexliu1912?s=21

Snek Chinese TG community link:

https://t.me/SNEKCN

Introducing how to buy $SNEK on-chain 🐍

- Download vespr wallet (mobile phone or computer)

- Create a new wallet backup and transfer $ADA from exchanges or other wallets
- Find the SNEK/ADA trading pair and select to buy.

The ideal Meme in my heart is $SNEK, the first Meme on the Cardano chain

$ADA

1️⃣ On a good platform/protocol: $SNEK was born last year on the #Cardano decentralized public chain, striving to solve the impossible triangle, surviving two rounds of bull and bear markets, and still ranks in the top ten;

2️⃣ Uniquely irreplaceable awesome genes: $SNEK originates from ecological memes, forming its own brand, best representing the spirit of decentralization;

3️⃣ Has a core narrative: The first Memecoin on the Cardano chain, survived the bear market, with trading volume consistently ranking first on-chain, token deflation, and nearly one million U repurchased and burned, 2025 is the Year of the Snake for $SNEK, with a current market value of around 70 million, long-term undervalued;

4️⃣ Fair launch, no pre-allocation, no 'mouse' warehouses: During the $SNEK presale, the team had zero allocation, and to this day, they have also self-funded to purchase chips just like the community, with healthy current token distribution;

5️⃣ De-founderization/decentralization: $SNEK aims to establish a long-term decentralized brand, the team has been working hard for 18 months, and has now established an ecological fund to support business self-sustaining repurchases;

6️⃣ A large number of early profit users: In May 2023, the token's increase was up to 1000 times, and the current price has also increased by more than 750 times, experiencing multiple rounds of washout, the community remains strong.

Original author Rex Liu Twitter: https://x.com/rexliu1912/status/1844607276897972225?s=46

Snek Chinese TG community link: https://t.me/SNEKCN