Rex Liu’s 5-Step Conviction Framework: Why $SNEK Stands Out on Cardano
- Mike Adamemes
- Nov 23, 2025
- 3 min read
Crypto often confuses conviction with blind faith.But according to Rex Liu, one of the most respected voices in the Cardano ecosystem, true conviction is structured, logical, measurable, and based on criteria… not emotion.
In his latest pinned thread, Liu breaks down the 5-Step Conviction Framework he used to avoid panic selling during multiple brutal drawdowns while holding $SNEK for over 2.5 years. Despite several 80%+ crashes, zero VC backing, and a bleeding portfolio, he stayed rational, not because he hoped, but because he had a process.
This article breaks down his framework and explains why $SNEK fits so many of the characteristics of a high-conviction meme asset.
Can You Defend It to a Skeptic?
Conviction starts where surface-level hype ends.
Liu’s first pillar asks a simple question:Can you defend your thesis in front of someone who doubts everything you say?
For $SNEK, the answer is often yes, because the fundamentals of the meme go beyond jokes:
an organic, grassroots origin
no VC or early whale manipulation
a brand and aesthetic that grew naturally
unique cultural positioning inside Cardano
If you can explain why you hold something without sounding delusional, that’s where conviction begins.
Delivered > Promised
In crypto, most teams promise the moon but deliver dust.Conviction requires the opposite: consistent delivery.
While $SNEK is a meme project, its ecosystem has demonstrated:
steady updates
professional branding
mature communication (no hype farming)
meaningful community tools
A team or community, that delivers consistently is a critical component of long-term belief.
Who Builds When Everything Is Red?
Real conviction is tested only in red markets.
During bear phases and -80% nukes, $SNEK’s community:
continued shipping tools like @snekdotfun
maintained one of the most active meme ecosystems on Cardano
kept daily interactions, art, statistics, and culture alive
attracted new creators not through rewards, but through shared identity
With over 41,000 holders, SNEK has one of the strongest organic bases in the entire ecosystem.
When a meme survives a bear market, it’s no longer just a meme, it’s a brand.
Can You Exit Without Getting Trapped?
Conviction does not mean “never sell”.It means knowing when and how to exit.
Liu stresses the importance of liquidity:If you can’t sell without instantly nuking the chart, you’re not convicted — you’re trapped.
$SNEK continues to maintain:
high trading activity
healthy volume
strong buyer-seller rotation
accessible exit points
This prevents panic-selling spirals and allows holders to make rational decisions.
Can It Survive a -90% Drawdown?
Liu’s most brutal question:
If your coin drops 90%, can the project survive?
SNEK already proved it can — multiple times.
no VC to dump bags
no artificial marketing pressure
no dependency on hype cycles
purely community-driven growth
A meme that survives several cycles becomes something greater:it becomes anti-fragile.
Why $SNEK Fits the Framework
When mapping Liu’s principles to SNEK, the alignment is clear:
✔ survived multiple 80%+ crashes✔ zero VC backing, fully grassroots✔ 41k holders & growing✔ ecosystem tools built by the community✔ stable price region around $0.0013 with rising volume✔ strong identity and cultural impact✔ resilient brand that endured a multi-year bear market
In a meme environment where thousands of tokens vanish weekly, SNEK has proven endurance, culture, and staying power.
Conviction Isn’t Hope, It’s Structure
Rex Liu’s message is simple:
Conviction without criteria is just gambling.Conviction with structure is a strategy.
His 5-Step Framework isn’t about holding forever, it’s about building a rational system that prevents emotional, panicked decisions.
By those standards, $SNEK stands out as a rare example of a meme that passes key tests of durability, community strength, and long-term relevance.
In a space dominated by hype cycles and attention wars, SNEK didn’t just survive, it matured.
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