Cardano’s SNEK Token Soars After Listing on Major Exchange!

• Cardano’s meme coin SNEK has been listed on the CoinEx cryptocurrency exchange.
• The Cardano network has seen significant growth in May, with the launch of new projects, an increase in token policies and native tokens, and advancements in Plutus scripts and transactions.
• With its listing on CoinEx, SNEK gains exposure to a wider audience and increased liquidity, further enhancing its potential for growth and adoption.

SNEK Listed on CoinEx Exchange

CoinEx cryptocurrency exchange has announced its support for the SNEK token built on the Cardano blockchain. This enables users to make deposits and withdrawals from May 31st at 2:30am UTC as well as trading for the SNEK/USDT trading pair commencing at 3:30am UTC on the same day.

Cardano Network Experiences Growth

The Cardano network has experienced significant growth in May. This includes new projects launching, an increase in token policies and native tokens minted on Cardano, advancements in Plutus scripts and transactions amounting to 127 projects launched with 1,244 projects currently under development phase.

SNEK Achieves Milestone

With its listing on CoinEx, SNEK gains exposure to a wider audience and increased liquidity which further enhances its potential for growth and adoption. It has seen a 15.23% increase in value over 24 hours reaching $0.001288 after hitting all-time highs of $0.001439 demonstrating market enthusiasm surrounding the listing announcement.

Opportunities For Further Development

The number of token policies have increased by 2,218 while 150,000 native tokens have been minted on Cardano throughout the month of May alone showcasing the expansion of the ecosystem even further with 372 Plutus v1 scripts now reaching 5790 overall .

Conclusion

Cardano’s meme coin SNEK has achieved a major milestone by securing a listing on CoinEx cryptocurrency exchange enabling deposit withdrawal and trading of this token while increasing exposure to wider audiences along with enhanced liquidity providing more opportunities for further development within their ecosystem