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Snap Token (SNAP) is not tradable on Coinbase.

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Snap Token

SNAP

About Snap Token

The SNAP is a cryptocurrency that is inspired by NFTs (non-fungible tokens) and comics. The goal of the SNAP token is to grow the DeFi (decentralized finance) community. Snap aims to create a realm for comic fans and NFT collectors, with everything being decided and affected by the community, which is called Snap Universe.

Snap Universe has 10,000 NFTs, which are categorized into “heroes” and “villains.” These 10,000 NFTs are issued on the Ethereum blockchain. Users can join the Snap Universe by selecting one of the 10,000 heroes and villains who live in the Snap Universe. These heroes and villains are avatars, which decide the backstory and powers of the users.

As mentioned on the website, the SNAP token has both inflationary and deflationary dynamics to reward holders while also keeping the pool of the tokens balanced. In the inflationary model, every time a user purchases SNAP tokens, 8% of the tokens are minted and redistributed as rewards among the holders.

In contrast, when a user vends SNAP tokens in the deflationary model, there is a transaction fee of 11%. Of the 11% fee, 9% is utilized to buy back and burn the SNAP tokens. Burning of the tokens is a process of destroying them permanently. This is done by sending the SNAP tokens to an unusable or invalid address from which the tokens can not be retrieved.

The SNAP platform was founded by lead developer J and NFT advisor QUANTZZ. Further, G takes care of the graphics and design. THE GERMAN is the community moderator. The platform was launched August 10, 2017.

In addition, the platform has achieved a few of its targets from the roadmap, like getting listed on exchange platforms, organizing community meetings, launching SNAP Universe, etc.

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Market

Market stats

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Market cap

Not enough data

Volume (24h)

Not enough data

Circulating supply

Not enough data

All time high

Not enough data

Market performance

Price change (1h)

+100%

Price change (1d)

+100%

Price change (1w)

+100%

Price change (2w)

Not enough data

Price change (1m)

+100%

Price change (1y)

-34.25%

Market benchmarks

Performance (1Y)

Not enough data

Vs. Market (1Y)

Not enough data

Vs. BTC (1Y)

Not enough data

Vs. ETH (1Y)

Not enough data

Coinbase Bytes

Coinbase Bytes

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Snap Token is on the rise this week.

The price of Snap Token has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. Snap Token’s price has also risen by 100.00% in the past week.

FAQ

What is the current price of Snap Token?

We update our Snap Token to USD currency in real-time. Get the live price of Snap Token on Coinbase.

What other assets are similar to Snap Token?

Assets that have a similar market cap to Snap Token include KickPad, Moonfarm Finance, PepePAD, and many others. To see a full list, see our comparable market cap assets.