Cardano Meme Coin SNEK Announces Gaming Breakthrough

Cardano Meme Coin SNEK Announces Gaming Breakthrough

SNEK, a popular Cardano-based meme coin, has unveiled its latest gaming breakthrough. This comes just two months after the Cardano-based meme coin launched its branded energy drink.

SNEK, a popular Cardano-based meme coin, has unveiled its latest gaming breakthrough. This comes just two months after the Cardano-based meme coin launched its branded energy drink.

In a new tweet, Snek announced that its snake game was now available. The game was developed in partnership with Paima, Vacuum Labs and Anvil and was inspired by the famous snake game on Nokia phones. It will be the first money-making game in the Snek ecosystem.

According to the Snek team, the game is currently available only on desktop, but a mobile version could launch in 2024. To celebrate the game’s launch, Snek says it will be adding 69 ADA to the prize pool every day until February 1 . .

Snek’s gaming innovation, which employs wrapped smart contracts, is noteworthy because it demonstrates the potential of the Cardano blockchain for gaming and entertainment.

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SNEK price has risen dramatically in recent months, driven by positive developments, reaching an all-time high of $0.002246 on December 16, 2023. The SNEK token was trading at $0.001271 at the time of writing. , an increase of 319% in the last 30 days. .

Cardano blockchain will see significant advances in 2024

Cardano is a rapidly growing ecosystem of decentralized applications for DeFi, NFTs, and others that use tokens to exchange value for services.

On similar lines, Sebastien Guillemotco-founder of Paima Studios, has hinted at new upcoming dApps that would leverage Cardano and Arbitrum, which are scheduled to launch in mid-January.

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Paima Engine converts L2 deterministic state machines that can connect to multiple chains, such as Cardano and Arbitrum, and be used by any application. This opens up the possibility of running a game on Arbitrum while also allowing users to own their NFTs on Cardano if they wish.

Speaking of upgrades, the Chang hard fork, which will kick off the bootstrapping period of Cardano’s governance model, is expected to roll out in 2024. Cardano will also take some major steps in 2024 to achieve full community governance.

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