SNAKE (SNAKE) Tokenomics
SNAKE (SNAKE) Tokenomics & Price Analysis
Explore key tokenomics and price data for SNAKE (SNAKE), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
SNAKE (SNAKE) Information
Snake Finance is a yield optimizer on Sonic, supporting Shadow Exchange and other dexs to leverage the x(3,3) flywheel. This is done through unique features of the protocol. The SNAKE token serves as the foundation of a growing ecosystem within the Sonic network. Its primary objective is to maintain a stable peg to S and expand the utility of the Sonic network’s native assets.
Our mission is to build a dynamic protocol that evolves with market trends, staying ahead of the curve and continuously delivering value to our users through the Snake Finance protocool.
SNAKE (SNAKE) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of SNAKE (SNAKE) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of SNAKE tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many SNAKE tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand SNAKE's tokenomics, explore SNAKE token's live price!
SNAKE Price Prediction
Want to know where SNAKE might be heading? Our SNAKE price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
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