After PENGU Hit All-Time High, Snorter Could Be the Next Solana Meme Coin to Explode

Pudgy Penguins (PENGU) has tripled in value over the past month and peaked at a new all-time high of $0.046, shining a spotlight on Solana meme coins – a trending crypto sector that’s now valued at $14.6 billion.

However, it isn’t just established Solana meme tokens that are enjoying more investor interest following PENGU’s surge. Snorter Token (SNORT), which will be joining the market soon, is also thriving as its latest presale phase continues.

Set to launch alongside Snorter Bot, the project’s Solana-powered Telegram trading bot, SNORT has already raised over $2 million. In this article, we’ll take a closer look at the Snorter Bot project, which has been carefully designed to help its users capitalize on the renewed popularity of meme coins.

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PENGU’s Success Creates Excellent Launch Conditions for SNORT

After hitting a monthly low of $0.0077 in June, PENGU suddenly entered a nearly vertical bull run and hit a new all-time high (ATH) at the $0.046 mark on July 23. Although it faced a healthy pullback shortly afterward, the token still boasts 280% month-on-month gains – making it one of the largest and most consistent gainers among the top five meme coins.

One of the main catalysts behind PENGU’s surge was the CBOE BZX Exchange’s filing of a 19b-4 form for a PENGU spot ETF on June 25. If approved by the SEC, this ETF might pave the way for institutional investments worth billions of dollars, which would positively impact the entire Solana meme coin space.

With Solana (SOL) and related meme coins potentially gearing up for another breakout, a fully fledged meme coin season might be approaching. If this bullish market phase coincides with the launch of Snorter Bot, demand for SNORT could skyrocket as soon as it’s released onto exchanges.

Snorter Bot will also be one of the cheapest Telegram trading bots, as SNORT holders will unlock fees of just 0.85% – which is well below the 1-2% that most established competitors charge. This positions SNORT as not just a beneficiary of a broader meme coin rally, but also a utility-driven choice for traders looking to secure PENGU-like gains.

Snorter Bot Levels the Playing Field for Meme Coin Traders

As capital rotates from PENGU to smaller meme coins, explosive opportunities may continue to emerge on token launchpad platforms like pump.fun. However, the market moves fast – and those relying on manual trading can easily miss out.

With the release of Snorter Bot, Solana meme coin traders will have access to a plethora of automation tools. These range from scheduled buys to cascading exits, allowing even the most inexperienced traders to secure the best positions. Additionally, Snorter Bot will feature copy trading – which lets anyone follow the activities of the market’s top performers automatically.

Most importantly, Snorter Bot offers automated token sniping, which SNORT holders will have unlimited access to. With this feature, investors can be among the first to buy a newly released token simply by providing the bot with a contract address.

LuckSide Crypto, a presale analyst, recently highlighted that Snorter Bot will also protect its users from malicious contract threats, such as trade freezing and honeypots, by scanning and checking blacklists in real time.

Thanks to its custom Solana RPC infrastructure, Snorter Bot will also offer protection from MEV strategies, such as front-running attacks.

Plus, all Snorter Bot features will be available via the Telegram chat interface, and can be activated with plain-text commands – making Snorter one of the few solutions that combine ease of use with robust security and top-notch performance.

The project’s roadmap underscores that its developers have a long-term vision for SNORT. The team is working on an entire ecosystem centered around the token and Snorter Bot, which will also operate on chains like Ethereum and BNB.

How to Join the SNORT Presale While the Entry Point Is Low

The Snorter Token presale follows a dynamic pricing model, which sees SNORT’s token price increase every few days. Currently, SNORT is priced at $0.0993 – and investors can purchase it using SOL, ETH, USDC, USDT, or fiat via the presale website.

Besides letting investors purchase SNORT at a discount, the presale also represents an excellent opportunity to earn more SNORT passively. Staking SNORT currently generates returns at a 176% APY, meaning investors could multiply their token holdings in the long term. However, the APY will decrease as more tokens are staked, ensuring early backers get the best rewards.

Visit Snorter Token Presale

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Nikolay Kolev

Nikolay is a crypto enthusiast, with a keen interest in emerging technologies and investment strategies. He holds active positions across various crypto exchanges, regularly analyzing and investing in promising new projects and meme cryptos. Nikolay is known for his ability to take calculated risks and extract value from unconventional investments, with his highest return being 13X with the $PEPE token. His investment philosophy includes a strategic approach focused on long-term growth, supported by in-depth research of market trends and innovations in crypto and blockchain technologies. Niki actively monitors global market changes and has a deep understanding of cryptocurrency mechanisms and their potential for development.