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About SNACK

The Worlds Fastest Growing iGaming Token. Crypto Snack is focused on growing the crypto community through its 3 distinct brands - Snack Token, Snack Gaming and Green Snack.Snack is building a community of iGaming Players, Crypto Traders and Snack Holders (Snackers). Crypto Snack is the first specialized token for iGaming, eGaming and eCommerce launched on the Binance Smart Chain with special ties to the Gaming industry. The token is already partnered and listed with one of the biggest payment processors in the world. This partnership also gives Crypto Snack access to more than 800 Online Business, allowing holders the opportunity to play on their favorite platforms or to do their daily shopping using Snacks as a payment method.

Crypto Snack (SNACK) is a cryptocurrency launched in 2022. SNACK has a current supply of 10.00Bn with 0 in circulation. The last known price of SNACK is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://www.cryptosnacks.org/.

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SNACK Price Statistics
SNACK’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#3737
SNACK Market Cap
Market Cap
$0
Fully Diluted Market Cap
$32.53M
SNACK Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
SNACK Supply
Circulating Supply
0
Total Supply
10.00Bn
Max Supply
10.00Bn
Updated Mar 05, 2024 10:03 pm
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SNACK
Crypto Snack
$0
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
Analysis: Ethereum L1 and L2 balance can be restored by raising the minimum blob fee and increasing L2 usage
Analysis: Ethereum L1 and L2 balance can be restored by raising the minimum blob fee and increasing L2 usage
Crypto KOL cygaar wrote on X: "The relationship between Ethereum L1 and L2 is now quite unbalanced. L2 gets the benefits of Ethereum security without contributing much value to ETH. I think there are two ways to restore balance: 1. Increase the minimum blob fee Currently, the blob fee is basically zero for rollups, which means that Ethereum gets almost no value from the L2 DA cost. In the world before EIP-4844, rollups have always been the largest source of Gas consumption for ETH, causing ETH to face strong deflationary pressure. However, because DA blobs are basically free, rollups no longer consume too much ETH. This, coupled with the reduction in execution activity on Ethereum L1, has caused ETH to become inflationary again. A perhaps more short-term solution is to increase the base blob fee. L2 must pay a certain amount of fees to use Ethereum DA. One could argue that increasing the cost of Ethereum DA will cause L2 to turn to alternative DAs. solution, but I think chains that want to truly inherit Ethereum security will still pay these costs. 2. Increase L2 usage The current blob pricing curve is set this way because researchers predict that there will be more demand for L2. However, apart from a few major events (initial blob release, blobscriptions, LZ airdrop), the cost of a blob has not exceeded the minimum fee. If L2 demand and usage increase, we may reach a state where the blob pricing curve can appropriately price DA blobs, resulting in a healthy level of ETH destruction on L1. In addition to the DA cost being quite large, the amount of Gas used for rollup settlement may also increase to a considerable amount. In the long run, this is the path that is most beneficial to the Ethereum ecosystem, but it also requires an intrinsic demand for L2 block space. We need more interesting consumer-facing applications to attract users and drive more on-chain usage. In this world, blob fees are almost never at the lowest price, and rollups will pay a large amount to inherit Ethereum's security. "
Sep 01, 2024 12:23 pm

Frequently Asked Questions

  • What is the all-time high price of Crypto Snack (SNACK)?

    The all-time high of SNACK was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Crypto Snack (SNACK) is 0. The current price of SNACK is down 0% from its all-time high.

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  • How much Crypto Snack (SNACK) is there in circulation?

    As of , there is currently 0 SNACK in circulation. SNACK has a maximum supply of 10.00Bn.

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  • What is the market cap of Crypto Snack (SNACK)?

    The current market cap of SNACK is 0. It is calculated by multiplying the current supply of SNACK by its real-time market price of 0.

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  • What is the all-time low price of Crypto Snack (SNACK)?

    The all-time low of SNACK was 0 , from which the coin is now up 0%. The all-time low price of Crypto Snack (SNACK) is 0. The current price of SNACK is up 0% from its all-time low.

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  • Is Crypto Snack (SNACK) a good investment?

    Crypto Snack (SNACK) has a market capitalization of $0 and is ranked #3737 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Crypto Snack (SNACK) price trends and patterns to find the best time to purchase SNACK.

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