When Solana (SOL) delivered more than 100x gains in 2021, it wasn’t just a coincidence. Back then, SOL benefited from the combination of a broader market rally and utility tied to Solana’s novel features.
Today, Snorter (SNORT), a new Solana meme coin that’s currently in presale, seems ready to repeat SOL’s success once market conditions improve. It’s also introducing a cutting-edge product, Snorter Bot, along with its utility token, designed to power this Telegram trading bot solution.
With investors anticipating a market-wide rally during the historically profitable Q4, SNORT has managed to raise nearly $5 million. Set to launch in just two days on Monday 19 October, could SNORT eclipse Solana’s 2021 performance and become this year’s top gainer?
Snorter Bot Offers Simplified Access to Solana’s Meme Coin Market
Soon after Solana’s explosion in 2021, it became home to one of the most vibrant meme coin ecosystems. With the recent release of pump.fun and similar launchpads, hundreds of Solana-based meme coins are joining the market daily.
However, capturing these explosive opportunities right after they emerge is challenging for those trading manually. As a result, Telegram trading bots are more popular than ever, even though many are slow, expensive, or inefficient.
Snorter addresses these issues with Snorter Bot, which is designed for speed and doesn’t break the bank. Its users will face fees of just 0.85% while holding SNORT, which is well below the standard 1-2% most other solutions charge.
It also operates via a custom Solana RPC infrastructure and tracks live SOL pairs. That means its users will always have access to real-time data, with their transactions executed in less than a second.
Automation is a priority for Snorter Bot’s developers, with features like dynamic stop-loss and limit orders available from day one. It also offers copy trading, which lets users automatically follow the examples of leading traders while buying and selling tokens.
Plus, with automated token sniping, securing tokens as soon as they get liquidity will be a breeze. However, only those holding SNORT will have no daily limits while accessing this feature.
Analyst Highlights SNORT’s Explosive Potential
Beyond providing quick access to the chaotic Solana meme coin market, Snorter also helps users trade safely.
Analyst Crypto June points out that Snorter Bot can scan a token’s smart contract to detect potential issues. He highlights that this feature allows it to detect honeypots, rug pulls, and other threats before any harm occurs. The analyst also noted that Snorter Bot offers MEV protection, which many of its competitors lack.
Impressed by its features, he anticipates an explosive debut for Snorter, which is scheduled for October 20th. He also underscores SNORT’s long-term potential, as Snorter Bot will expand to other chains in the future, boosting its utility.
With $4.9 million raised so far, SNORT will enter the Solana meme coin space as a micro-cap token. As such, it has a solid chance to vastly outperform the sector’s leaders, which have their upside potential limited by their massive market cap.
To put this into perspective, Solana was valued at $70 million entering 2021, and skyrocketed to a $74 billion market cap by November. As such, it vastly outperformed many established multi-billion-dollar assets like XRP (XRP), which grew by 3-5x over the same period.
Here’s How to Purchase SNORT Before its Monday Debut
After this week’s market-wide dip, the next leg up could be explosive, which may help Snorter skyrocket right after launch. That means latecomers could miss out on much of its gains once trading is live, making its presale a perfect investment opportunity.
That’s because SNORT is currently selling below its listing price at $0.1081 per token. Investors can secure it at a discount via the presale website, using SOL, ETH, BNB, USDT, USDC, or fiat.
With a 107% staking APY, the presale also lets early backers earn generous passive rewards. Taking advantage of this opportunity to more than double their token holdings, investors have already staked over 23 million SNORT.
Buying and staking SNORT is also available via Best Wallet, which features it in its “Upcoming Tokens” hub. Its apps allow investors to immediately stake SNORT upon purchasing it with a single transaction, which slashes the fees.
Plus, purchasing SNORT during the presale makes each investor eligible for refer-to-earn (R2E) rewards. This mechanism awards them with 5% of the investments made by other investors they bring to the project.
If Solana’s 2021 bull run taught investors anything, it’s that 100x opportunities don’t come announced. Quietly growing in presale, Snorter seems ready to replicate its success, and investors have just 48 hours left to get in at the ground floor.
Nikolay is a cryptocurrency analyst and market writer with years of experience tracking digital asset trends and emerging blockchain technologies. A long-time crypto enthusiast, he actively trades across major exchanges and specializes in identifying early-stage projects and meme tokens. His analysis combines technical insight with a strategic, long-term investment perspective.
