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Cardano: Input Output and Leading Community Token $SNEK Announce Collaboration


by Coin Edition
for CoinEdition
Input Output (IO) announces a new partnership with Cardano community token $SNEK to support ecosystem development.
  • IO and $SNEK collaborate to support decentralized innovation on Cardano.
  • $SNEK accounts for 16% of all-time Cardano trading volume.
  • Market cap spiked on June 2 following strategic announcements and community engagement.

Input Output (IO), the firm behind Cardano’s blockchain infrastructure, has entered a partnership with $SNEK. $SNEK stands out as the top community token on the Cardano network after its native ADA coin. 

This move, according to both parties, aims to effectively support grassroots projects and significantly strengthen the overall Cardano ecosystem.

Hoskinson: $SNEK’s Community Model Aligns with IO’s Mission

Charles Hoskinson, CEO of IO, said $SNEK’s user-led model fits with IO’s goals.

Snek’s community-driven approach aligns with IO’s mission to foster such innovations on Cardano,” he stated. “This collaboration supports our shared goal of enhancing the ecosystem.

$SNEK Records Strong Adoption Metrics

$SNEK launched in April 2023 with no early allocations to insiders or venture capital. Since then, it has grown into the most traded token on Cardano after ADA, contributing 16% of the network’s lifetime tradi…

The post Cardano: Input Output and Leading Community Token $SNEK Announce Collaboration appeared first on Coin Edition.

Read the article at CoinEdition

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Cardano: Input Output and Leading Community Token $SNEK Announce Collaboration


by Coin Edition
for CoinEdition
Input Output (IO) announces a new partnership with Cardano community token $SNEK to support ecosystem development.
  • IO and $SNEK collaborate to support decentralized innovation on Cardano.
  • $SNEK accounts for 16% of all-time Cardano trading volume.
  • Market cap spiked on June 2 following strategic announcements and community engagement.

Input Output (IO), the firm behind Cardano’s blockchain infrastructure, has entered a partnership with $SNEK. $SNEK stands out as the top community token on the Cardano network after its native ADA coin. 

This move, according to both parties, aims to effectively support grassroots projects and significantly strengthen the overall Cardano ecosystem.

Hoskinson: $SNEK’s Community Model Aligns with IO’s Mission

Charles Hoskinson, CEO of IO, said $SNEK’s user-led model fits with IO’s goals.

Snek’s community-driven approach aligns with IO’s mission to foster such innovations on Cardano,” he stated. “This collaboration supports our shared goal of enhancing the ecosystem.

$SNEK Records Strong Adoption Metrics

$SNEK launched in April 2023 with no early allocations to insiders or venture capital. Since then, it has grown into the most traded token on Cardano after ADA, contributing 16% of the network’s lifetime tradi…

The post Cardano: Input Output and Leading Community Token $SNEK Announce Collaboration appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Wall Street ETFs Have Killed the 4-Year Cycle. Here’s How Pros Are Trading Altcoins Now

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