With a market capitalization of over $80B, the meme coin market continues to attract projects looking to be the next big thing. To do this, they typically combine cute branding and influencer endorsements to sell their coins.
Snaky Way ($AKE) decided to be different.
Don’t let the cute branding fool you, though. There’s a method to the madness behind the latest meme coin presale.
The project combines classic meme coin fun with real utility, including gaming tournaments, staking rewards in various blockchains, and AI-powered price support.
There’s a lot to unpack here, but let’s start with the game.
The snake-themed game brings an element of fun to the coin. To join, you naturally need its native $AKE, which lets you play in tournaments and earn more $AKE tokens as prizes. Doing so creates real demand for the coin rather than basing it purely on speculation.
The game also encourages players to keep coming back by launching new tournaments, updated features, and prize competitions. All these help keep interest alive well after the $AKE presale ends.
It also integrates a referral system, which should help make the game viral and draw in more players.
If you prefer to earn passive rewards instead, then you’ll also love Snaky Way. Its token presale offers a staking reward at a whopping 2,582.00% p.a. That’s a lot better than traditional banks offer these days.
Take note that the reward rate may still change as the presale progresses and investors lock in their tokens. To date, over 434.7M have been staked in the project’s staking pool.
One of the biggest risks when investing in presales is that the token’s price could drop significantly once it’s launched in exchanges.
Snaky Way’s team understands this, so it has an AI system that buys back $AKE when its price starts falling. To do this, the system constantly monitors trading patterns and steps in to buy tokens to help keep their price stable.
More specifically, the AI analyzes several data points, including trading volume, social sentiment, and market conditions, to detect problems. When issues arise, it will automatically execute a buyback to cushion the price drop.
Unlike its name, there’s nothing snaky about the project itself.
Well before launching the presale, the project team already had its ducks in a row, particularly when it comes to its smart contracts and potential vulnerabilities.
They hired external auditors to perform security reviews and implemented standard security practices to protect user funds from common attack vectors.
Its Coinsult audit shows no significant issues, which tells you that the project is solid and legit. This gives every potential investor confidence that they won’t get scammed once they drop their money into Snaky Way.
While the team has yet to announce its total token supply, a bulk of it will go towards the Presale (30%), Marketing (29%), and Liquidity Pool (23%).
Its tokenomics suggests that the team is investing heavily in creating the much-needed buzz the project requires at the beginning. At the same time, it’s setting aside a healthy amount of tokens to support its long-term growth.
The project is currently in the second phase of its three-phase roadmap. Once the presale ends, it’ll launch $AKE on major centralized (CEX) and decentralized exchanges (DEX). This should add more interest in the project as investors trade their tokens.
Aside from that, the team will also collaborate with influencers both in the Web2 and Web3 spaces to further boost its growth. The final stage is also where the AI buyback will happen, helping support $AKE as it aims for the moon.
At the moment, Snaky Way ($AKE) tokens are only available via its official presale page for only $0.0000966. It’s a cheap and cheerful way to get in on the fun and potentially grow your investment.
However, note that a token price increase will happen in about three days. Because of this, it’s best to grab your tokens while they’re at their cheapest.
To get started, connect your crypto wallet to the presale widget, input how many tokens you want to buy, and pay with fiat or crypto. Once the presale ends, you can start claiming your $AKE tokens.
