Introduction to SNEK coin issuance price and quantity

The SNEK coin issuance plan allocates 40% of tokens to the public sale, where interested participants can acquire them at a price of $0.10 per coin with a minimum investment of $100.

Jan 04, 2025 at 05:12 pm

Key Points:

• SNEK Coin Issuance Price and Quantity: Overview
• SNEK Coin Issuance Distribution
• SNEK Coin Tokenomics
• SNEK Coin Private Sale Details
• SNEK Coin Liquidity Provision and Lock-up
• SNEK Coin Public Sale Information
• SNEK Coin Listing and Trading

SNEK Coin Issuance Price and Quantity: A Comprehensive Guide

SNEK Coin Issuance Distribution

The SNEK coin issuance is divided among various stakeholders to ensure a fair and balanced distribution. The following allocation percentages have been determined:

• Private Sale: 25%
• Public Sale: 40%
• Team and Advisors: 15%
• Ecosystem and Marketing: 10%
• Reserve: 10%

SNEK Coin Tokenomics

SNEK coin is designed with a total supply of 1 billion tokens. Its tokenomics model incorporates the following features:

• Deflationary Mechanism: A portion of each SNEK transaction is burned, gradually reducing the overall supply and increasing the scarcity of the coin.
• Staking Rewards: SNEK holders can stake their coins to earn passive income through rewards. Staking contributes to the network's security and stability.

SNEK Coin Private Sale Details

The SNEK coin private sale offered early investors an opportunity to acquire tokens at a discounted price. The sale attracted significant interest from venture capitalists, angel investors, and cryptocurrency enthusiasts.

• Private Sale Price: $0.05 per SNEK
• Minimum Investment: $10,000

SNEK Coin Liquidity Provision and Lock-up

To ensure ample liquidity upon launch, a portion of the SNEK coins will be allocated to liquidity pools on decentralized exchanges. Moreover, a lock-up period will be implemented for team and advisor tokens to maintain market stability and prevent early dumping.

• Liquidity Provision: 30% of Public Sale
• Team and Advisor Lock-up: 12 months

SNEK Coin Public Sale Information

The SNEK coin public sale is scheduled to commence on a designated date. Interested participants can register and participate via a dedicated launchpad or exchange platform.

• Public Sale Price: $0.10 per SNEK
• Minimum Investment: $100
• Tiered Allocation System: Different tiers will be available based on investment amount, offering higher rewards for larger contributions.

SNEK Coin Listing and Trading

After the public sale, SNEK coin will be listed on various cryptocurrency exchanges, enabling users to trade, buy, and sell the tokens. The exchanges will undergo a rigorous verification process to ensure compliance and security.

• Exchange Listings: Multiple reputable exchanges are expected to list SNEK.
• Trading Pairs: SNEK will be paired with major cryptocurrencies, such as BTC, ETH, and USDT.

FAQs on SNEK Coin Issuance Price and Quantity

Q: What is the total supply of SNEK coins?
A: The total supply of SNEK coins is 1 billion.

Q: What was the private sale price of SNEK coins?
A: The private sale price of SNEK coins was $0.05 per token.

Q: What percentage of SNEK coins were allocated to the private sale?
A: 25% of SNEK coins were allocated to the private sale.

Q: When will the SNEK coin public sale take place?
A: The SNEK coin public sale date will be announced on the official website and social media platforms.

Q: What is the lock-up period for team and advisor tokens?
A: The lock-up period for team and advisor tokens is 12 months.