Pump.fun Token Price Prediction: PUMP Tanks After Launch, Traders Rotate Into Snorter Token Presale

The Solana-based crypto launchpad Pump.fun recently made headlines by raising roughly $500 million in just 12 minutes during its PUMP token sale, achieving a fully diluted valuation of $4 billion. But the hype quickly fizzled away after PUMP became available for trading, as its price dropped almost 55% from its peak and fell to around $0.0057 today.

PUMP’s debut offers a classic example of the high volatility of newly-launched meme coins, which can experience fast-paced bouts of profit-taking soon after listing on exchanges.

In the meantime, savvy traders are now rotating their capital into Snorter Token (SNORT). It’s the native token of a Telegram-based trading bot that’s gaining momentum by focusing on real trading utility rather than hype.

While the PUMP coin declined nearly 23% over the past day, the SNORT token presale has crossed the $1.8 million milestone.

Buyers have less than 48 hours left to lock in a discounted price of $0.0983 before SNORT’s price increases in the next presale round.

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Pump.fun’s Token Launch Breaks Records, but Euphoria Fades Quickly

The PUMP meme coin ICO launch on July 12 was one of the year’s biggest crypto events, selling 125 billion coins across exchanges like Kraken, KuCoin, and MEXC within minutes.

But now that the initial excitement has cooled off, market commentators are highlighting some fundamental flaws that weighed on PUMP’s price – including an immediate 33% token unlock (worth roughly $1.32 billion), which unleashed massive selling pressure from early buyers.

The Pump.fun team also controls 20% of the total PUMP token supply, raising concerns about potential dumping.

Crypto enthusiasts are also concerned about PUMP’s utility, as the token isn’t currently used for fee discounts, governance, or staking on the Pump.fun platform.

Looking ahead, the PUMP token is likely to trade as a sentiment-driven meme coin in the near term. Its hourly price chart shows major support at $0.005, resistance at $0.0065, and a new uptrend line that bulls will want to defend in order to create breakout opportunities.

Any decline below the $0.005 support level will likely trigger further sell-offs – but a decisive close above $0.0065 would set the stage for a move toward new highs, especially if Pump.fun’s team announces meaningful utility for the PUMP token.

Nonetheless, traders are now showing a greater willingness to support Snorter Bot Token, which has not reserved a major portion of its supply for insiders.

How Snorter Bot Prevents Rug Pulls and Protects Traders

Snorter Bot is focused on providing practical utility for traders. It’s a Telegram-native crypto trading bot built by experienced Web3 and trading experts, and its feature set is engineered to address the pitfalls that have plagued meme coin investors for the last several years.

The bot will use a custom RPC connection to private Solana nodes that prioritize Snorter transactions, enabling sub-second trade execution even during peak network traffic. In practice, this means that everyday users can trade faster than both manual traders and many competing bots – creating a crucial edge, as fractions of a second can make the difference when sniping a new token at its launch price.

Snorter Bot will pair its speed with a robust security toolkit to protect against common crypto traps – including a built-in rug pull detection system that checks targeted coins against token blacklists before a trade is executed.

To reduce failures and costly errors, Snorter Bot will adjust slippage and transaction tax settings to avoid failed transactions or hidden fees, all without requiring the user to manually adjust parameters.

Crucially, Snorter Bot will wrap all these capabilities into a streamlined Telegram interface. Users can create or import a wallet directly, and execute trades from start to finish in one place. The bot also offers advanced trading tools usually found only on top-tier exchanges – so you can set limit orders, define stop-losses, and even mirror the moves of top wallets with Snorter Bot’s copy trading feature.

Holding SNORT tokens will reduce your trading fee to just 0.85% instead of the usual 1.5%. Additionally, SNORT holders will unlock premium extras, including the pro copy-trading tool, unlimited sniping, and other VIP perks.

Secure Your SNORT Tokens Before Mainstream Launch

Snorter Bot will debut on Solana, but the team also plans to integrate it with Ethereum, Polygon, BNB Chain, and Base. By working across all these networks, users can trade wherever the action is without switching apps or learning new tools.

Buyers can purchase SNORT directly through the Snorter Bot official presale page using top cryptos like SOL, ETH, USDC, or USDT. The presale also allows you to buy SNORT using a traditional credit or debit card – and you can stake your holdings to generate passive income at APYs of up to 205%.

Visit Snorter Token Presale

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Nikolay Kolev