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Binance publishes a comprehensive guide on Cardano MEME coin SNEK, sparking listing speculation in the crypto community.

In an exciting development for the Cardano ecosystem, Binance, the largest crypto exchange, has recently published a detailed guide on purchasing SNEK (SNEK), a newly launched MEME coin built on the Cardano blockchain.

The guide published by Binance titled How to Buy SNEK sparked speculation within the crypto community regarding a potential listing of SNEK on the exchange. SNEK founder Goofy Crisp, who is also a crypto engineer and investor, expressed his enthusiasm for Binances support of SNEK on his official Twitter account. In a tweet, he wrote:

Looks like Binance wants people to buy SNEK

Notably, Binances How to Buy SNEK Guide publication signals the exchanges recognition of the growing demand and interest in MEME coins within the crypto space. Expectedly, many crypto enthusiasts shared excitement that the largest crypto exchange has entered the conversation of SNEK.

By providing users with a step-by-step tutorial on acquiring SNEK, Binance has simplified the onboarding process for new investors and made the token more accessible.

Recently, Charles Hoskinson, the Cardano blockchain founder, showed interest in the SNEK meme coin when he asked about it on Twitter. While Hoskinsons inquiry appears harmless, a crypto enthusiast responded that the Cardano founder was attempting to promote the coin.

While the majority of coins on the crypto market are trading in red zones, data from the popular market tracker, CoinMarketCap, shows that SNEK has gained an astounding 20% in the last 24 hours. Interestingly, the coin gained above 21.2% against the Bitcoin and Ethereum trading pairs.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basics opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Binance Publishes Guide on Cardano Meme Coin Snek, Is Listing ... - The Crypto Basic