Following the recent crypto rally, new Solana token Snorter (SNORT) has emerged as one of the fastest-growing presales, having recently surpassed the $2 million mark.
With Solana (SOL) growing by 28.02% over the past 30 days, capital is starting to rotate to smaller altcoins in its ecosystem. This shift, marked by whale purchases, saw Snorter’s raised funds counter grow by over $300,000 in just one week.
The project’s popularity stems from its upcoming cutting-edge Telegram trading bot for Solana, Snorter Bot. It’s designed to help users capitalize on the most profitable opportunities in Solana’s meme coin market, and the idea is clearly resonating with traders as the Snorter community rapidly grows.
Snorter Bot Seeks to Level the Field for Meme Coin Traders
Securing freshly-launched meme coins earlier than others can position investors for tremendous gains, but the market isn’t always fair. Whales and insiders use advanced trading tools to purchase tokens on the ground floor, often securing outsized gains and leaving regular traders sidelined.
Snorter Bot’s developers seek to change that permanently, as they are designing Snorter Bot to be a cutting-edge solution that’s easy to use.
Once released, the bot will allow Telegram meme coin traders to buy and sell tokens in under one second. Additionally, it will operate via plain-text commands, meaning it won’t have a steep learning curve like most of its competitors.
Plus, its users won’t have to resort to third-party apps to examine their portfolio or confirm trades. That’s because Snorter Bot will be entirely usable via its Telegram chat window, reducing fragmentation and saving time.
Boasting numerous automation tools, it will also allow its users to schedule token buys and sales without monitoring their charts. Plus, it will feature copy trading, which lets anyone mirror the trades of top-performing wallets.
Additionally, Snorter Bot will protect its users from common and sophisticated threats. These include smart contract-related threats such as blacklisting or minting, and front-running attacks.
Whales are Rapidly Accumulating SNORT as Solana Appears Ready to Explode
Anticipating a surge in demand for Snorter once Snorter Bot deploys, whales are already amassing the token.
Over the past 48 hours, one whale swapped 9.85 SOL for SNORT, which was their first transaction after a year of dormancy. Another whale deposited 23.69 SOL into the presale.
The increased interest in SNORT likely stems from the token’s utility and improving market conditions. Holding SNORT slashes Snorter Bot’s fees to just 0.85%, making it a more cost-effective solution than popular bots like BonkBot or Maestro.
Additionally, it lets its holders use Snorter Bot’s automated token sniping with no limits. That means those holding SNORT can effortlessly be among the first to purchase newly released tokens.
With Solana’s technical indicators flashing positive signals alongside other leading altcoins, a meme coin season may be just around the corner. That could result in heightened activity on token launchpads like pump.fun, where thousands of new meme coins emerge daily.
Presale expert Crypto June points out that Snorter Bot could be an invaluable addition to any meme coin trader’s kit, especially if Solana’s growth triggers a meme coin season.
He also notes that Snorter Bot will extend its services to chains like Ethereum and BNB in the future, which could significantly boost SNORT’s price as its utility grows.
Here’s How to Get the Most Out of SNORT’s Presale
Investors can start securing holder-exclusive benefits by purchasing Snorter at a discount during its presale’s early stages.
Currently, SNORT costs $0.0991 each, but that price will only increase as the presale follows a dynamic pricing model. According to the project’s whitepaper, SNORT will reach a per-token price of $0.1053 in the presale’s final stage.
SNORT can be purchased via the presale website using SOL, ETH, BNB, USDT, or a traditional bank card. The token is also available via Best Wallet, which features it in its “Upcoming Tokens” hub.
Buying SNORT during the presale lets investors maximize their investment by locking their tokens in the staking pool. Staking SNORT currently offers 176% annual returns, but that yield will decrease as more tokens are locked by investors.
Additionally, the presale features a refer-to-earn (R2E) rewards system. Bringing other investors to the presale rewards the referrers with 5% of the purchase value for every transaction they complete.
Boasting over $2.3 million raised, SNORT’s potentially explosive launch could coincide with one of Solana’s most exciting trading seasons yet. With just under 24 hours until the next price increase, now is the best time to invest in Snorter.
This article is not intended as financial advice. Educational purposes only.
