- The success of PEPE has led to memecoin mania.
- Memecoins are emerging on different networks.
- SNEK, a Cardano memecoin, has been on fire lately.
- SNEK has become one of the top tokens in the Cardano ecosystem.
PEPE’s unprecedented and overwhelming success has sparked a widespread frenzy of memecoins in the industry. The memecoin craze is impacting various networks, including Bitcoin and Cardano.
As memecoin-mania sets the crypto industry ablaze, many memecoins have emerged to follow in the footsteps of PEPE, especially SNEK. The Cardano-native memecoin is rapidly gaining momentum and igniting excitement within the community. Today, the asset is one of the top tokens on Cardano and is at the forefront of the network’s success in the DeFi sector.
A SSStorm
SNEK is proving to be a force to be reckoned with as it shakes up the Cardano ecosystem. It is a major driving force behind the network’s recent spike in activity and transactions. Last month the token facilitated over 250,000 transactions.
The Cardano and meme community are flocking to get the token which has skyrocketed by a whopping 300% since its inception in late April. Interestingly, SNEK has…