R/SNOOFI is a unique cryptocurrency that blends meme culture with blockchain technology on the Solana network. This community-driven token originated from the vibrant r/snoofi subreddit, establishing itself as the first dog token born from a Reddit community.
Current Market Status
- Live Price: ₩0.692011 KRW
- 24-hour Trading Volume: ₩5,884,616 KRW
- 24-hour Price Change: -4.20%
- Market Cap Rank: #5125
- Total Supply: 1,000,000,000 R/SNOOFI
- Max Supply: 1,000,000,000 R/SNOOFI
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What is R/SNOOFI?
R/SNOOFI represents a fascinating intersection of internet meme culture and serious blockchain technology. As the first dog token to emerge from a subreddit community, it carries the playful spirit of Reddit while leveraging Solana's robust blockchain infrastructure.
Key features:
- Community-driven project with roots in r/snoofi subreddit
- Operates on Solana blockchain for fast transactions
- 100% of liquidity burned for security
- Listed on multiple exchanges including LBank and MEXC
Technical Foundations
Built on Solana's high-performance blockchain, R/SNOOFI benefits from:
- Proof of History (PoH) consensus: Unique timestamping mechanism
- High throughput: Capable of thousands of transactions per second
- Low fees: Makes microtransactions feasible
- Security features: Decentralized architecture prevents single points of failure
Community and Security
The R/SNOOFI community has implemented several security measures:
- Complete liquidity burn prevents rug pulls
- Transparent operations build trust
- Community governance ensures decentralized decision-making
- Active subreddit engagement maintains project vitality
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Market Performance
Recent trading highlights:
- All-time high: ₩30.62 (Nov 15, 2024)
- All-time low: ₩0.1137 (Aug 17, 2024)
- Current price: ₩0.6920
- 24-hour volume: ₩5.88M
Frequently Asked Questions
What makes R/SNOOFI different from other meme coins?
R/SNOOFI stands out as the first dog token originating from a Reddit community, combining authentic meme culture with Solana's technical advantages and strong community governance.
How secure is R/SNOOFI?
Security measures include 100% liquidity burn, Solana's robust blockchain architecture, and transparent community governance - making it one of the more secure meme token projects.
Where can I trade R/SNOOFI?
The token is listed on several exchanges including LBank, MEXC, Orca, and Raydium, with active trading across these platforms.
What's the long-term vision for R/SNOOFI?
The project aims to maintain its position as a community-driven meme token while exploring practical blockchain applications like decentralized identity and voting systems.
Why was Solana chosen for R/SNOOFI?
Solana's high speed, low fees, and scalability make it ideal for meme tokens requiring frequent microtransactions and community interactions.