Deutsch
Français
English
Español
Italiano
العربية
中文
Português
Русский
TürkçeSnek Information
Snek is gaining attention in the crypto space due to its unique approach and community-driven initiatives. With a focus on innovative solutions and engaging user experiences, Snek aims to carve out its niche in a highly competitive market. As more investors explore diverse cryptocurrency options, Snek's potential for growth and adoption continues to attract interest.
Introduction to Snek: A Rising Star in Cryptocurrency
Snek is an emerging cryptocurrency that has captured the attention of investors and enthusiasts alike. Launched with the aim of providing a user-friendly platform for transactions, Snek's unique features and growing community position it as one of the coins to watch in the evolving crypto space. In this article, we will explore the historical performance of Snek, its advantages and disadvantages, and the outlook for its future.
Historical Performance of Snek
Snek has experienced a notable journey since its inception. With an all-time high (ATH) of $0.00245047 recorded on March 14, 2024, the cryptocurrency exhibited significant growth in a relatively short time. However, it has also faced challenges, including a considerable drop of approximately 49.06% from its ATH. On the other end of the spectrum, Snek reached its all-time low (ATL) of $0.00013847 on October 20, 2023, marking an increase of 801.56% since then. This volatility is typical for many cryptocurrencies and suggests the potential for both risks and rewards for investors.
Advantages of Snek
One of the primary advantages of Snek is its growing market cap, which currently stands at approximately $92.57 million. This indicates a strong level of interest and investment within the crypto community. Additionally, Snek has a substantial circulating supply of about 74.12 billion coins, which can help ensure liquidity and accessibility in trading.
The community support for Snek, exemplified by its presence on platforms like TikTok, plays a crucial role in its visibility and appeal. Engaging with a younger audience can foster a vibrant ecosystem of users who are willing to adopt and promote the coin. Furthermore, with a relatively low current price of around $0.00124842, new investors may find it an attractive entry point into the fluctuating world of cryptocurrencies.
Disadvantages of Snek
Despite its advantages, Snek is not without its challenges. The cryptocurrency market is notoriously volatile, and Snek has experienced significant price fluctuations that can deter conservative investors. The 24-hour price change of nearly 18.59% highlights the potential for rapid downturns, which can lead to greater risks for traders.
Another concern regarding Snek is its competition within a saturated market. With thousands of cryptocurrencies vying for attention, distinguishing its unique selling proposition becomes crucial. If Snek cannot establish itself as a viable alternative to existing coins or carve out a niche, it may struggle to maintain momentum in the future.
Future Outlook for Snek
Looking ahead, the future of Snek appears to hinge on several factors. Firstly, continued community engagement and marketing efforts will be critical in sustaining interest and adoption. As the cryptocurrency landscape evolves, Snek must innovate and adapt to remain relevant.
Additionally, developments in technology, partnerships, and use cases will significantly influence Snek's trajectory. If it can secure collaborations with established platforms and demonstrate real-world utility, Snek has the potential to solidify its position in the market.
Ultimately, while Snek presents both opportunities and challenges, its unique attributes and community backing position it as a coin worth monitoring in the ever-volatile cryptocurrency arena.
|
from price
$0
|
General Information |
|---|
|
Title
Snek
|
|
Symbol
snek
|
|
Whitepaper
-
|
|
Website
|
|
Community
|
|
Last Updated
2025-01-21 23:51
|
Price Data |
|
Current Price $
0.0057381
$
|
|
High 24h
0.00591684
$
|
|
Low 24h
0.00554586
$
|
|
Price Change 24h
-0.00017873616367835
$
|
|
Price Change % 24h
-3.02081
%
|
Market Data |
|
Market Cap
427448207
|
|
Total Volume
2508127
|
|
Market Cap Change 24h
-15223586.020228
|
|
Market Cap Change % 24h
-3.43902
%
|
|
Return on Investment (ROI)
-
|
Supply and Availability |
|
Circulating Supply
74395264052
|
|
Total Supply
75445264052
|
|
Max Supply
76715880000
|
Historical Data |
|
All Time High (ATH)
0.00895508
|
|
ATH Change %
-35.80342
%
|
|
ATH Date
2024-12-05 11:50
|
|
All Time Low (ATL)
0.00013847
|
|
ATL Change %
4051.74234
%
|
|
ATL Date
2023-10-20 02:25
|