2025-12-28 13:23:44

Over the past week, Snek has continued to be active within the Cardano ecosystem. From community operations, YouTube content creator ProDo_ada released the latest weekly report video on December 26th, while designer Warrr9A shared insights on participating in the brand visual upgrade on the 23rd, including redoing visual assets such as Gif emojis.

There have been many highlights in ecosystem collaborations. The trading aggregation platform Changehero officially launched Snek trading functionality on December 23rd, further expanding liquidity sources. Meanwhile, Snek's view count on the GIF sharing platform GIPHY has exceeded 40 million, indicating that its meme image has significant传播力.

From a data perspective, Snek indeed plays the role of a liquidity hub within the Cardano ecosystem. In the past 30 days, the project experienced a net inflow of 1.2 million ADA, while during the same period, the net outflow to Night was 1.1 million ADA, reflecting ongoing trader interest in this ecosystem pair.

The community is also enthusiastic. Core member Goofy stated on Discord that the team is continuing to develop the project despite Cardano's price not crashing 80%, working daily on products, branding, events, and peripheral ecosystems. LaPetiteADA announced the final round of a $1,000 giveaway, attracting over 660 participants, while SnekFigures launched a Christmas giveaway to foster community engagement.

Notably, on December 22nd, Goofy shared methods of earning rewards by adding liquidity to the Snek-Night trading pair, while also warning users involved in DeFi mining to understand the associated risks, especially impermanent loss. Cardano founder Charles confirmed in a recent interview that Snek has become a representative meme of the ecosystem and is crucial to Cardano's long-term development.

SNEK2,57%

ADA-0,46%

NIGHT3,8%

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LiquidatorFlash

· 8h ago

1.2 million ADA net inflow sounds good, but we need to see how much of it is from real transactions and how much is from arbitrage funds temporarily parked... Goofy made a good point about impermanent loss. Really, many people rush in just by looking at the APY without considering where the IL threshold trigger point is.

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MEVHunterNoLoss

· 8h ago

snek this wave really has some substance, a net inflow of 1.2 million ADA shows traders are not idling goofy is still competing in product development, this mindset is amazing, much better than some project teams however, the risks in defi mining still need to be understood clearly, impermanent loss is no joke I heard giphy has reached 40 million views, the传播力 of memes is really impressive Charles has also spoken out, saying snek is important to Cardano, so it's worth paying attention to

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ChainDoctor

· 8h ago

Wow, Snek's recent operations are really impressive, with 40 million GIPHY views—truly remarkable. Wait, Goofy’s reminder about the Uniswap losses is spot on; so many retail investors keep getting caught here. The meme coin has reached this level of popularity; the Cardano ecosystem is more active than I thought. 1.2 million ADA inflow? That data is a bit suspicious, but be careful not to take the final hit. Have you checked out ProDo_ada’s weekly report? Is it worth following?

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HashRatePhilosopher

· 8h ago

Damn, 40 million views! This meme Snek really has some substance, no wonder Charles nodded in agreement. Snek's move is truly solid; community enthusiasm, liquidity, and branding are all on the rise. It's much better than those projects that only talk about promises. What does the inflow of 1.2 million ADA mean? It just shows that the market still recognizes this thing; otherwise, how could it flow back to Night? I think the coolest part is that Goofy is still warning about risks. That’s responsible attitude, right? Unlike some projects that only promote profits. If this were a bull market, Snek's popularity could multiply several times.

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