Cardano Spotlight #5: Hosky

By akohad Feb28,2024

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Other Cardano Spotlight articles can be found here on: Indigo, Gero, MinSwap and AGIX.

Image credit: Hosky.io

Overview:

Hosky token is the meme coin pioneer on Cardano. It markets itself as a doggo s#!t coin and makes no bones about its complete lack of utility, pun intended! Despite this admittedly complete lack of application, the coin still retains some value in the form of a dedicated community within the Cardano DeFi space. While I have previously referred to meme coins as the clown car asset class within the cryptocurrency space, I have a soft spot for the Hosky community. They are warm, funny and retain liquidity pools on some of the major DExs on the blockchain (e.g. MinSwap; WingRiders and MuesliSwap). The name of the token is an adaptation of the Hoskinson family name. So in some way, it’s existence is a celebration of all things Cardano. It even has a couple of NFT collections that are inspired by the community.

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By akohad

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