thecryptobasic.com
Binance publishes a comprehensive guide on Cardano MEME coin SNEK, sparking listing speculation in the crypto community.
In an exciting development for the Cardano ecosystem, Binance, the largest crypto exchange, has recently published a detailed guide on purchasing SNEK (SNEK), a newly launched MEME coin built on the Cardano blockchain.
The guide published by Binance titled “How to Buy SNEK” sparked speculation within the crypto community regarding a potential listing of SNEK on the exchange. SNEK founder Goofy Crisp, who is also a crypto engineer and investor, expressed his enthusiasm for Binance’s support of SNEK on his official Twitter account. In a tweet, he wrote:
“Looks like Binance wants people to buy SNEK…”
Looks like @binance wants people to buy $SNEK 🐍
I think it's a first for #Cardano token ecosystemhttps://t.co/jQLnu65RgN
— $goofycrisp (@goofy_crisp) May 17, 2023
Notably, Binance’s How to Buy SNEK Guide publication signals the exchange’s recognition of the growing demand and interest in MEME coins within the crypto space. Expectedly, many crypto enthusiasts shared excitement that the largest crypto exchange has entered the conversation of SNEK.
👀 O’snap @binance has entered the conversation on $SNEK https://t.co/tfpc5CqwXx
— $PrivatePyle76 🐍 (@DomonicPyle) May 17, 2023
By providing users with a step-by-step tutorial on acquiring SNEK, Binance has simplified the onboarding process for new investors and made the token more accessible.
Cardano Founder Talks about SNEK
Recently, Charles Hoskinson, the Cardano blockchain founder, showed interest in the SNEK meme coin when he asked about it on Twitter. While Hoskinson’s inquiry appears harmless, a crypto enthusiast responded that the Cardano founder was attempting to promote the coin.
Charles pumping shitcoins.
We are so early.
— wab.eth (@wabdoteth) May 11, 2023
SNEK Coin Price
While the majority of coins on the crypto market are trading in red zones, data from the popular market tracker, CoinMarketCap, shows that SNEK has gained an astounding 20% in the last 24 hours. Interestingly, the coin gained above 21.2% against the Bitcoin and Ethereum trading pairs.