Dogecoin Can Hit $1 in August, But This Low Cap Meme Coin Could Soar Even Higher

Dogecoin (DOGE) has become one of the top-performing meme coins of the current bull cycle, jumping 27% over the past week and registering over $10 billion in daily trading volume. After DOGE hit its highest peak in five months (around $0.287) on Monday, analysts are predicting a potential rally to $1 by August.

While Dogecoin’s comeback has been remarkable, many traders are now eyeing newer meme coins that come with lower market caps and genuine utility. One project catching investor attention is Snorter (SNORT), a Solana-powered crypto trading bot that has already raised almost $2 million through its token presale.

In this article, we’ll take a closer look at Dogecoin’s price prospects and highlight why Snorter Token could potentially outperform it in the months to come.

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Can Dogecoin Hit $1 by the End of Summer?

Dogecoin began the year on a bearish note, falling from a high of $0.43 in January to a low of $0.13 in April – marking a peak-to-trough decline of nearly 70%. But since April 7, the meme coin has roared back – and DOGE is currently still trading above $0.25, taking a breather after an intense 102% run between June 22 and July 21.

The crypto analyst Iko has noted that DOGE recently pumped out of a bullish descending wedge that began forming earlier this year. If the current momentum remains strong, Iko believes DOGE could reach between $0.4 and $0.6 within a few months.

Meanwhile, Crypto General (a trader with over 213,000 followers on X) has presented an even more bullish thesis, drawing on multiple fundamental factors – including exceptionally strong performances by altcoins like ETH and SOL, as well as meme coins – that could propel DOGE to $1 by September.

In further bullish news, a Dogecoin Spot ETF may be getting closer to approval in the US after Bitwise updated its ETF filing with the SEC last month. Although the SEC has not made a decision regarding approval of this ETF, a green light would likely spark a new DOGE bull run – motivating fast-moving investors to get in ahead of time.

However, it’s also worth noting that DOGE has already delivered around 300,000% gains since its inception in 2013, and boasts a $38 billion market cap. While further growth is possible, many believe DOGE’s chances of delivering truly life-changing returns are limited.

This is why a number of traders are now looking at low-cap meme coins with meaningful utility and more explosive upside potential – such as Snorter Token (SNORT).

Snorter Introduces Low-Cost and Feature-Rich Trading Bot

Although it’s new to the market, Snorter Token has already made a name for itself as a meme coin-based project that could outperform even Dogecoin in 2025, due to its real utility and the range of perks available to SNORT token holders. The project is developing a Telegram-powered bot for trading Solana meme coins, including advanced features and attractive fees.

A key highlight of Snorter Bot is its low fee structure. Regular trades will carry an industry-standard 1.5% fee, but users holding a minimum balance of SNORT tokens will get reduced fees of just 0.85% – among the lowest in the Solana ecosystem. This gives Snorter Bot a clear edge over other popular bots like Banana Gun and Trojan.

Snorter Bot also enables fast and secure swaps, powered by a custom RPC cluster and MEV-resistant relayers. Another standout feature is Snorter’s honeypot and rug-pull detection, which uses an on-chain engine to scan token contracts against blacklists and identify potentially malicious coins, offering added protection before a trade is even placed.

Traders will also be able to schedule limit orders, set dynamic stop-losses, and even copy the trades of high-performing wallets using Snorter Bot’s upcoming copy-trading system. This makes Snorter appealing to both experienced traders and beginners seeking automated tools.

Looking ahead, SNORT holders will also gain governance rights via the Snorter DAO, allowing the community to vote on bot updates, feature rollouts, and even future blockchain integrations. With an ambitious roadmap and multiple upgrades in the pipeline, Snorter Token stands out as a top meme coin to watch right now.

Analysts Believe SNORT Could Soar by 100x

As Snorter Token (currently priced at just $0.0991) looks impressive on the utility front, it’s also gaining widespread attention from reputable analysts. Jacob Crypto Bury is one of the many influencers backing the Snorter Bot project, citing its pro-level trading tools and ultra-low fees as game changers.

Bury believes that Snorter could grow by 10x to 100x in the long run, especially as more traders seek automated trading tools during the bull cycle.

Another major draw is the SNORT staking mechanism, where SNORT stakers can earn a high annual yield of up to 178%.

Snorter’s utility-focused trading bot, generous staking rewards, and outstanding presale performance all point to strong momentum behind the project. With this low-cap meme coin generating growing investor interest, SNORT could potentially soar even faster than Dogecoin as the bull market continues.

Visit Snorter 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.