The crowd wanted confirmation.
The chart just gave it.
$SNEK has declined roughly 97% from its peak, shaking out weak hands and testing conviction every step of the way.
But here's the thing...
This is where generational opportunities are found.
Not at the top.
Not after the headlines.
Not when everyone is euphoric.
At the bottom.
For months, $SNEK has been building what looks like a textbook bottoming pattern, and now we're seeing the first signs of bullish continuation and trend reversal.
This is exactly how major moves begin:
➡️ Bottom formation
➡️ Trend reversal
➡️ Momentum expansion
➡️ Price discovery
The bottom is in! The ascent has begun!
If this structure continues to play out, the path toward a $7B market cap becomes increasingly compelling.
🐍 Are you positioned, or will you wait until everyone else is talking about it?
🇺🇸 The 119th Congress of the United States of America has completely failed the crypto industry while the rest of the world takes the lead on crypto...
This small group of people does not have the best interests of the American people at heart.
Russia just legalized crypto trading
Thailand introduced a 0% capital gains on crypto
Kazakhstan rolled out tax exemptions
Japan is slashing crypto taxes from 55% down toward 20%
It's been 1 year and Congress keeps playing games and doesn't get anything done.
And it's on purpose.
35% odds of a rate hike today turned out to be a nothing burger as FED rates remained unchanged. Good news for now, and good news for cardano:native and snek:native
CLARITY ACT MIGHT NOT PASS?!
Okay. Then why did JPMorgan, Bank of America, and Citi just announce a shared tokenized deposit network?
Why did Visa and Mastercard launch a stablecoin backed by 140+ companies?
Why did Morgan Stanley stand up a national trust bank and complete E*TRADE's crypto rollout?
Why is Schwab openly targeting Coinbase's market share?
Why is the DTCC, the actual plumbing of Wall Street, running production trades of tokenized securities THIS month?
Why did Vanguard, the firm that blocked Bitcoin ETFs in 2024, just post its first-ever Head of Digital Assets role?
Why did Samsung announce native stablecoins in Samsung Wallet?
Why did the Fraternal Order of Police, 382,000 members, endorse the bill this morning?
And why is the crypto industry the single largest corporate political spender of the 2026 cycle?
Institutions with the best legal and political information on earth do not build settlement networks, trust banks, and multi-year roadmaps for a framework they expect to fail!
Well, after almost 8 years of daily crypto content and tracking my journey, it's time for this post I never thought I'd write in July 2026. 2,942 YouTube videos. So close to 3,000… and after all this time, I’ve made a decision that changes everything.
I've decided that I'm ready for the craziest crypto bull market yet, whether it starts now or at the end of the year doesn't matter at this point.
The setup is here!
The bears have had their moment for far too long, it's time for the bulls to shine.
The fun is about to begin.
Drop a 🐍 if you still believe in cardano:native and snek:native
More and more signs point to the bear market nearing its bottom. It's been one hell of a rough year for many people, and I'm sure you've all felt it on your timeline. It might not be over yet, but if it isn't, I believe we're close.
When we started noticing these signs last summer, we decided to downsize our operations to reduce risk for @snek and delay the launch of some special projects. Launching new products in an environment where everyone is hurting and frustrated is likely to waste the opportunity to make a real impact. Sometimes the smartest thing to do is simply wait.
All that to say, we used the past year to strengthen our brand and solidify our foundation. We have one final piece to launch soon in that regard, something I've been working on for the past eight months alongside many others. After that, with a healthier market environment and our expansion plans back in motion, I truly believe the sky's the limit for $SNEK, and that we'll be back at our ATH before long.
P.S. Memecoins are often among the first assets to react to a shift in market sentiment.
We decided to update the website to make it more centered around Snek as a community, not just a cryptocurrency. This is part of our long-term plan to make Snek a recognizable brand.
When people visit snek's website, whether it’s from our X account, our GIFs with 200M+ views, our licensed products like Snek Energy, or simply because it’s a cool, short and awesome domain, they can now better understand what Snek is right from the homepage.
No technical numbers that only crypto bros can understand. Web2-focused and built around 3 core concepts: Community, Culture and Brand.
With nearly 8M ADA in liquidity across ADA, NIGHT, and USDCx, and thanks to the widespread use of arbitrage bots and multi-hop routing, snek:native captures a share of the trading volume from virtually every sizeable trade involving top ecosystem tokens.
100k USDM → ADA: ~3.5% routed through snek:native
100k USDCx → NIGHT: ~2.6% routed through snek:native
1M ADA → NIGHT: ~6.7% routed through snek:native
As ADA appreciates against the USD, snek:native's share of that volume will grow naturally.
More volume. More burns.