What is the current price of Snek?
The current price of Snek is $0.000705 with a 2.84% change in the last 24 hours.
Supply and ATH/ATL data provided by CoinGecko
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Prices and notionals are USD-equivalent venue units, with USDC collateral. No currency conversion is applied. Notional = venue price × base-asset size. Contract specifications
Derivatives and mapped ecosystem data, with source timings and coverage.
Snek is a memecoin on Cardano, and the project says so plainly: the official site's own tagline is "a meme, and a memecoin." There is no yield promise, no staking contract, and no claim that the token represents ownership of anything. What Snek does have, unusually for a memecoin, is a set of real products built around the brand and a community large enough that Snek is routinely described as the flagship meme asset of the Cardano ecosystem.
Technically, SNEK is a Cardano native asset rather than a smart contract token. On Cardano, tokens are minted directly by the ledger under a minting policy, with no contract deployed at all. SNEK was minted under policy ID 279c909f348e533da5808898f87f9a14bb2c3dfbbacccd631d927a3f with the on-chain asset name SNEK, and uses zero decimal places, so the smallest transferable unit is one whole SNEK.
Official sources:
Snek launched in April 2023 through a public sale open to anyone, with no venture round, no private allocation, and no team tranche according to the project's own account. The team behind it operates publicly under the Snek brand rather than as named individuals, so there is no verified founder identity in the way there is for a protocol backed by a company or a foundation. That is normal for memecoins and worth stating rather than glossing over.
SNEK has no protocol logic of its own. It is a ledger-level asset that moves inside Cardano's extended UTXO (eUTXO) model, carried alongside ADA in transaction outputs. Sending SNEK is an ordinary Cardano transaction, and fees are paid in ADA, not in SNEK.
The one piece of genuine mechanism is the minting policy, and it is more interesting than it looks. SNEK was minted under a time-locked policy: the policy script only authorizes minting before a specified slot, and that slot passed within days of launch in April 2023. Once a time-locked policy expires, it can never be satisfied again. That has a permanent and verifiable consequence:
The on-chain quantity is therefore permanently fixed at 76,715,880,000 SNEK. This is a hard protocol fact, not a policy the team could change later, and it is directly checkable through any Cardano explorer or chain-indexing API.
The Snek team has built out a set of products, several of which route revenue back to the token. Publicly listed ones include:
Independent verification of revenue figures for these products is limited, so treat product-level economics as project-reported.
SNEK is best understood as a community and brand asset, not a utility token. It does not pay fees on Cardano, does not secure the chain, and confers no governance rights over a protocol. Its practical roles are:
Two things separate Snek from the typical memecoin.
The first is the supply guarantee. Most tokens rely on a promise not to mint more. Snek relies on an expired time lock, which removes the promise from the equation entirely. Nobody, including the team, can change the on-chain quantity.
The second is that Snek attached a working product line to a meme. Launchpads, bots, alert services, and a beverage brand are not what most memecoins ship, and revenue from them is directed into buying SNEK on the open market.
Compared with the large Ethereum and Solana memecoins, Snek is defined by its chain. Cardano's eUTXO model and native asset standard mean SNEK is not an ERC-20 style contract and has no contract-level upgrade path, admin key, or mint function to worry about. That eliminates a whole class of rug-pull mechanics that exist on contract-based chains.
The offsetting difference is liquidity and reach. Cardano's decentralized exchange ecosystem is smaller than Ethereum's or Solana's, so most SNEK liquidity sits on Cardano-native venues, and cross-chain exposure generally means a wrapped representation with its own bridge risk.
The burn mechanism is also different from what the word normally implies. Because the minting policy has expired, tokens sent to the project's burn wallet are not destroyed at the ledger level. They are moved to an address from which nobody can spend them. The economic effect on freely tradable supply is similar, but the total minted quantity on chain does not go down, and anyone reading explorer data should expect to see the original figure.
SNEK inherits Cardano's security directly. Cardano uses Ouroboros, a proof-of-stake consensus protocol, with stake delegated to stake pools that produce blocks. Holding SNEK does not require trusting a Snek-specific contract, because there is not one.
The security surface that does exist sits around the token rather than inside it:
Snek matters mostly as a case study in how a meme asset can anchor an ecosystem. On Cardano it has been a consistent on-ramp for retail activity, a driver of decentralized exchange usage, and a funding source for smaller projects through its ecosystem fund. Its supply mechanics are also a clean example of Cardano's native asset model, where an expired time-locked policy provides a guarantee that does not depend on anyone's continued good behavior. None of that turns a memecoin into an infrastructure protocol, but it does explain why Snek has stayed relevant on Cardano longer than most meme assets stay relevant anywhere.
SNEK trades on Cardano decentralized exchanges and on a number of centralized exchanges. Buying on Cardano requires a Cardano wallet funded with ADA for fees. Availability and pairs vary by jurisdiction.
SNEK is often available on:
Listings change over time, so confirm current support and pairs on the exchange itself.
SNEK can be held:
Two Cardano-specific points matter on withdrawal. Native assets must travel with a small amount of ADA in the same output, so a SNEK-only balance is not possible. And you should confirm the policy ID matches the canonical one before accepting a deposit, because anyone can mint a different token that displays the name SNEK under a different policy.
You can compare SNEK with related assets and ecosystems on Coinrithm:
Track Snek live price, chart, market cap, and volume in real time. Practice mock trading and demo trading for Snek on CoinRithm before using real money.
Use a crypto paper trading account to demo trade Snek with real-time prices, AI trade feedback, and trading leagues. Test strategies, learn risk management, and build confidence before trading Snek with real money.
Read the complete paper trading guideThe current price of Snek is $0.000705 with a 2.84% change in the last 24 hours.
The daily trading volume is $122,042 representing a 10.17% change in the past 24 hours.
The market capitalization of Snek is $52,642,901, ranking #295 globally.
The fully diluted valuation (FDV) of Snek is $54,085,045, calculated assuming the maximum supply of 76,715,880,000 SNEK is in circulation.
Circulating: 74,670,298,819. Total: 75,231,820,012. Max: 76,715,880,000.
In the last 24 hours, Snek traded between a low of $0.0006971 and a high of $0.0007258.
SNEK/USDTTether USDT0.000705 USDT
