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Maya Sattar
Written By: Maya Sattar

Rivalry in-house copywriter and chronically online. Reading all the facts and condensing it down so you don't have to.

January 31st, 2025

Key Takeaways

  • SNEK is the top meme coin on Carando, with a market cap of $474.49 million and a current price of $0.0066 (as of Jan 31, 2025)
  • Available on CEXs like MEXC, Gate.io, and ByBit, and DEXs like SundaeSwap and Minswap.
  • Future SNEK price predictions suggest it could hit $0.05–$0.06 in 2025 if the market turns bullish.

It's the Year of the Snake in the Chinese Zodiac, and the $SNEK Cardano-based meme coin is making its mark on the crypto space! Slithering into major exchange listings and topping the Cardano market cap charts, there's no slowing down for this snake-themed token as it's primed to be the next big meme coin.

If you're interested in SNEK coins' features, market data, and where to buy $SNEK, keep reading to find out more!

What is $SNEK?

Snek is a meme coin launched on the Cardano blockchain in April 2023. It quickly rose to prominence as the most popular token on the network, with the largest market cap and all-time trading volume on the Cardano ecosystem.

Unlike other meme coins on rival blockchains, SNEK stands out as having built a solid ecosystem of products and features surrounding its iconic brand. Snek is also a deflationary meme coin (like Shiba Inu). This means its total supply is decreased over time through token burns and other mechanisms. This helps make the remaining tokens more scarce, potentially boosting demand and value as fewer tokens are available.

Token burns, along with SNEK products, all serve to boost the value of SNEK and garner an engaged and loyal community. SNEK products that have been released so far include:

  • Snek.fun: Token Launchpad
  • SNEKx: Token Minter
  • SNEKbot: A Telegram trading bot
  • SNEKalerts: Custom crypto alert bot for X, Discord, and Telegram
  • Kaa: AI infrastructure platform.
  • Snek Energy Drink: Blue Citrusss flavor
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Snek Tokenomics

Snek demonstrates how meme coins can succeed with fair launch TGEs. The total supply of Snek tokens is 76,715,880,000 SNEK, with 0% going to the creators and development team.

Here's how Snek tokens are distributed.

  • 50% - Presale Holders
  • 40% - Initial Liquidity
  • 5% - Utility to fund the SNEK ecosystem, DeFi applications, strategic partnerships, and project developments
  • 3% - Reserve for exchange listings, additional liquidity, and expansion opportunities
  • 2% - Marketing, Community Airdrops, Contests, Events, and Giveaways

It's important to remember that SNEK is a meme coin with no intrinsic value or expectations of ROI (Return on Investment). There is no concrete roadmap for growth, as it's designed for entertainment purposes only.

Snek Current Market Data

Source: CoinMarketCap

According to real-time data obtained on January 31, 2025, from CoinMarketCap, the $SNEK price is valued at $0.0066 USD, up 1.84% compared to the previous day. There are 74.39 billion SNEK in circulation.

Here's what the current market data is looking like for $SNEK today.

Metric

Value

Current Price

$0.0066

24 hr Trading Volume

$2.2 million

Market Cap

$474.49 million

All-Time High (ATH)

$0.008188 on December 5, 2024

All-Time Low (ATL)

$0.0001411 on October 20, 2023

Circulating Supply

74.39 billion SNEK

In SNEK, we trust. Many investors have rallied behind SNEK's success, with its active community being one of its many strengths. There are currently 41,263 SNEK holders, and the project's official X page has over 50K followers.

The community sentiment surrounding SNEK today is bullish, meaning investors are optimistic and confident in the token's potential for growth, leading to more buying activity.

Snek Price Predictions 2025 - 2030

SNEK's ultimate goal is to outperform other meme coins and stand alongside other prominent meme coins, like Dogecoin and Pepe. But will its future prices actually show that? Only time will tell.

Here are the future price predictions for the SNEK coin from 2025 to 2030.

Year

Minimum Price

Average Price

Maximum Price

Potential ROI

2025

$ 0.00648

$ 0.015866

$ 0.030696

361.50%

2026

$ 0.005402

$ 0.011408

$ 0.031241

166.57%

2027

$ 0.005924

$ 0.006787

$ 0.008275

24.71%

2028

$ 0.00718

$ 0.01149

$ 0.020499

208.91%

2029

$ 0.016264

$ 0.024374

$ 0.041423

524.25%

2030

$ 0.017255

$ 0.022085

$ 0.026622

301.22%

Snek Price Prediction 2025

SNEK's price in 2025 will mostly be driven by the popularity of other meme coins and the significance of the "Year of the Snake" in the Chinese zodiac. According to astrology, those born during the Year of the Snake will have "life-changing opportunities," which can directly translate to finances and investment.

Some analysts suggest that if the crypto market experiences a bull run, SNEK's price could rise significantly.

Snek Price Prediction 2026

In 2026, analysts predict that SNEK's focus will shift to its utility and product offerings, like the SNEK energy drink. Without substantial developments, the SNEK price might correct to around $0.03, with a low of $0.0054. This could result in a potential return on investment of 166% compared to the current rates.

Snek Price Prediction 2030

Although it's still five years away, forecasts for 2030 suggest SNEK and other meme coins will experience significant growth. The CoinCodex forecasts show an expected fluctuation in price ranging from $0.0172 to $0.0266, with an estimated ROI of 301.22% to align with the token's bullish outlook for 2030.

However, take this with a grain of salt, as it's too soon to tell how accurate these forecasts are, given the broader crypto market could change dramatically between now and then.

While $SNEK doesn't have a clear roadmap for future growth, SNEK looks primed for success with future major exchange listings. According to a recent tweet, they have already secured listings on MEXC, Bitget, and Gate.io, with plans to be available on leading centralized exchanges such as Kraken, Binance, and Coinbase.

Rami, one of the project's chief strategists, expressed his excitement while reminding everyone that the journey is far from over.

"SNEK is now the top token on Cardano by total market cap. Countless contributors have poured their blood, sweat, and tears into this project, making this achievement something to be proud of."

He adds that $SNEK's journey is far from over, "The goal has always been to grow this [$SNEK] into something bigger than all of us—something that will put Cardano on the map and compete with the biggest memecoins in the world."

Where Can I Buy SNEK?

Before trading, you'll need to make sure you have a suitable Cardano-based wallet, like Nami, Eternl, or Typhon, and sufficient funds (usually in ADA or USDT) to exchange for SNEK.

As of January 31, 2025, you can purchase SNEK tokens on the following cryptocurrency exchanges:

Centralized Exchanges (CEXs)

  • MEXC
  • Bitget
  • CoinEx
  • Gate.io

Decentralized Exchanges

  • Minswap
  • SundaeSwap
  • VyFinance

Additionally, you can buy SNEK directly through the official Snek website, which integrates DexHunter, a Cardano-based DEX aggregator that finds the best prices across multiple platforms.

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The Bottom Line

With a solid community, a deflationary structure, and unique product offerings, $SNEK has the potential for strong growth to rival other meme coins in the space—especially if the market turns bullish in 2025. Its partnerships, product launches, and future exchange listings are all factors that could influence its price in the coming years.

However, it's important to remember that Snek, like most meme coins, doesn't have the intrinsic value and real-world use cases that established cryptocurrencies like Bitcoin and Ethereum have. Its price is largely driven by speculation, online hype, and current meme culture, making future forecasts harder to predict. By 2030, if meme coins maintain their appeal, $SNEK could potentially see significant price increases, though much remains uncertain.

As always, make sure you do your own research (DYOR), approach with caution, and never invest more than you're willing to lose. Keep an eye on where the SNEK slithers next by staying up-to-date with the latest news and updates straight from the source's (snake's) mouth!

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