Cardano founder Charles Hoskinson recently shot down a proposal to use 5 million ADA from the Cardano Treasury to fund a Tier 1 exchange listing for SNEK, stating that projects like SNEK and Midnight must be self-funded. The move has shaken confidence in SNEK’s future, and it’s already casting a shadow over bullish Cardano price prediction narratives.
Now, frustrated holders are ditching uncertainty for opportunity, and all eyes are on the meme token, Layer Brett ($LBRETT), a full-blown Ethereum Layer 2 rocket offering 25,000% staking rewards, lightning-fast transactions, and a crypto presale price too good to ignore.
As Cardano stumbles on meme momentum, Layer Brett is gearing up to steal the spotlight, and this article breaks down exactly why.
Hoskinson shuts down SNEK proposal, shaking meme coin confidence
On August 2, 2025, Charles Hoskinson made it clear that the Cardano Treasury won’t be covering exchange listing fees for any project, including SNEK and Midnight.
This was in response to SNEK’s bold proposal to withdraw 5 million ADA to fund a Tier 1 listing on Hyperliquid. Hoskinson rejected the idea, insisting that all projects must raise funds independently.
Even though he suggested repayable bonds as a possible workaround, he didn’t guarantee it. This move echoes earlier community resistance to using treasury funds for risky proposals, like converting ADA into stablecoins. It’s another blow to those hoping for easier access to big exchanges.
With the community split and Cardano price prediction discussions heating up, confidence in SNEK is slipping. Now, some are questioning whether SNEK can grow without strong treasury support while others are already looking into ERC-20 tokens and low cap crypto gems like Layer Brett.
Why Cardano investors are looking towards LBRETT after disappointing SNEK listing snub
After the SNEK listing proposal was denied, many Cardano investors started scouting for memecoins with fewer roadblocks, and Layer Brett ($LBRETT) quickly stood out. It offers something SNEK doesn’t: a functioning ecosystem, no funding drama, and blazing-fast performance powered by Ethereum Layer 2.
Where Ethereum’s main chain can burn you with $40+ gas fees, Layer Brett delivers speed and dirt-cheap costs without sacrificing security. It’s like driving in the express lane while others are stuck in traffic, but you still get Ethereum-grade safety.
Best of all, there’s no KYC nonsense. With $LBRETT, you simply connect your MetaMask or Trust Wallet and go. No forms. No ID uploads. Total control. In a crypto world leaning toward surveillance, Layer Brett is giving people the freedom they signed up for in the first place, and that’s exactly why Cardano holders are making the switch.
What makes Layer Brett different from Cardano
Meme power. Real speed. True utility. Layer Brett isn’t just riding the hype train, it’s building a full-blown ecosystem designed for engagement and rewards. From gamified staking to NFT integrations and real-time incentives, every feature is built to keep users active and earning.
While Cardano wrestles with red tape and treasury politics, Layer Brett keeps it simple: fully transparent tokenomics, community-first design, and a max supply of 10 billion tokens. It’s fast, fun, and functional, something Cardano meme fans have been waiting for.
Conclusion: When Cardano says no, Layer Brett says go
With $LBRETT price still at just $0.004, Layer Brett is the underdog with explosive upside. Compared to Cardano and SNEK, its tiny market cap means even modest growth could deliver 100x gains in the 2025 bull run.
As Cardano price prediction chatter grows stale, smart investors are looking where the real action is. Layer Brett combines meme energy with real Ethereum Layer 2 tech, plus there’s a $1 million giveaway up for grabs.
Don’t just watch the next big thing happen, stake your claim early. Visit the Layer Brett site to get $LBRETT before the crypto presale ends.
Disclaimer: This media platform provides the content of this article on an "as-is" basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
