Hosky Token (ADA: $HOSKY) is a meme coin on the Cardano ecosystem that has no purpose or goal outside of being a meme coin. It also holds the enviable title of being the most held token on the Cardano (ADA) ecosystem.
Hosky Origins
The Hosky Token was created in response to the lack of a low quality shit coin on the Cardano ecosystem. Its developers saw a huge gap that needed filling, and they came up with Hosky.
It brings together a community of people dedicated to low-quality memes that have no financial value or promise of massive gains. It’s all about doggo memes.
The project has no technical details or future goals, no timelines, and it is a meme coin created purely to be a fun meeting point for the Cardano ecosystem.
Tokenomics
According to the whitepaper, half of the supply was sent to Charles Hoskison, the founder of Cardano, and the other half was sent to various use cases.
Of this second half, 60% has no real designation, 10% went to the growth of the meme pool, 10% went to stake pool operations, 10% went to the Doggie Bowl, a now-closed token faucet on the project’s website. The remaining 10% went to the founders, who have no intention of selling.
The project also launched Hosky NFTs, which sold out soon after launch and can now be accessed on NFT marketplaces. HOSKY was launched with 1,000,000,000,000,001 tokens. Additionally, the developers have launched some disappointing merch for the community.
$HOSKY Market Performance
As of Thursday, March 6, 2025, the HOSKY token has a market cap of $24.03M, with a 24-hour trading volume of $ 471.94 K. The meme coin has a circulating supply of 227.99T tokens for a fully diluted valuation of $105.4 million. The token price has soared 51.06% in the past week to $0.00000009927.
$HOSKY soared to an all-time high of $0.0000004694 on January 14, 2024, and has since dipped 77.49% after a market correction. Since its all-time low of $0.000000004215 on August 6, 2024, the token’s price has recovered an astounding 2,406.86%.
The token is listed on several centralized exchanges, such as MEXC, BitMart, and CoinStore. It is also listed on several decentralized exchanges, such as WingRiders, MiniSwap, and VyFinance.
Social Media Following
$HOSKY has a massive online following, with 89.1K followers on X, 1,373 members on Telegram, 13,774 members on Discord, 136K followers on Instagram, 1,759 followers on TikTok, and 61 followers on Medium.
Should You Add HOSKY To Your Portfolio?
Hosky is one of the best-performing meme coins on Cardano, with a market cap of over $24 million. It has the enviable title of being the most held meme coin in the ecosystem, and it has a huge social media following. All its social media platforms are highly active, which signals an active community that believes in HOSKY. Consequently, adding this meme coin to your portfolio could potentially pay off in the medium term.
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