A year ago, I thought $SNEK would reach 3-5% of ADA’s market cap because that was the standard for the top meme coins on other chains. Today, I believe it will go much higher. Why? Because there is simply nothing that compares to @snek in terms of impact and presence on its respective Layer 1. In the past year, $SNEK accounted for 16% of all trading volume on Cardano. $SNEK also represents 16% of all trading volume ever recorded on Cardano. Since November, @snekdotfun has contributed to 25% of all trades happening on Cardano, making it one of the most successful dApps on the chain—and it's just getting started. After World Mobile EarthNodes, @SnekkiesNFT has become the most traded NFT project on Cardano in the past year. $SNEK has more liquidity than WMT, IAG, AGIX, and LQ combined—which are the biggest projects by market cap after SNEK on Cardano. And all of this while still offering better APY to LP providers. This makes SNEK the standard for dApps requiring token liquidity, such as lending, borrowing, and CDP platforms. $SNEK has, by far, the best liquidity outside of Cardano DEXs, with 15 spot markets and 6 perpetual markets on CEXs. And soon, $SNEK will become the first Cardano token to be listed on a Tier 1 centralized exchange. We're currently at 1.15% of ADA’s market capitalization—and we’re not slowing down. We’re accelerating. Higher.
