Cardano Meme Coin SNEK Pronounces Gaming Breakthrough

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SNEK, a well-liked meme coin based mostly on Cardano, has unveiled its newest gaming breakthrough. This comes barely two months after the Cardano-based meme coin launched its branded power drink.

In a brand new tweet, Snek introduced its snake sport was now stay. The sport was developed in partnership with Paima, Vacuum Labs and Anvil and impressed by the well-known snake sport on Nokia telephones. It is going to be the primary play-to-earn sport within the Snek ecosystem.

Based on the Snek workforce, the sport is presently accessible on desktop solely, however a cell model may launch in 2024. To have fun the launch of the sport, Snek says it will likely be including 69 ADA to the prize pool every single day till Feb. 1.

The Snek gaming innovation, which employs wrapped sensible contracts, is noteworthy as a result of it demonstrates the potential of the Cardano blockchain for gaming and leisure.

SNEK’s worth has risen dramatically in latest months, boosted by optimistic developments, reaching an all-time excessive of $0.002246 on Dec. 16, 2023. The SNEK token was buying and selling for $0.001271 on the time of writing, up 319% within the final 30 days.

Cardano blockchain to see vital developments in 2024

Cardano is a quickly rising ecosystem of decentralized purposes for DeFi, NFTs and others that use tokens to trade worth for providers.

Alongside comparable strains, Sebastien Guillemot, co-founder of Paima Studios, has hinted at new upcoming dApps that might leverage Cardano and Arbitrum, that are slated to launch in mid-January.

Paima Engine converts deterministic state machines into L2s that may connect with a number of chains, equivalent to Cardano and Arbitrum, and be utilized by any app. This opens up the potential of working a sport on Arbitrum whereas nonetheless permitting customers to personal their NFTs on Cardano in the event that they so need.

Talking of updates, the Chang arduous fork, which can begin the bootstrapping interval of the Cardano governance mannequin, is predicted to be carried out in 2024. Cardano may even take some main steps in 2024 to succeed in full group governance.

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