With the crypto market’s resurgence persevering with, Solana (SOL) has been one of many top-performing tokens in latest weeks, climbing by 62% between June 22 and yesterday night.
Following a healthy-looking pullback, SOL is now buying and selling slightly below $200 per token – and long-term holders celebrated final night time because the coin quickly flipped BNB (BNB), changing into the fifth-largest cryptocurrency by market cap. Though this win proved short-lived, market commentators are actually contemplating the opportunity of new Solana value surges repeating the feat and holding SOL above BNB all through the remainder of the present bull run.
Hoping to benefit from SOL’s subsequent value explosion, many buyers are actually taking a look at utterly new Solana-based tokens with excessive progress potential. One such undertaking is Snorter (SNORT), a buying and selling bot for Solana meme cash that has already raised $2 million in its presale.
This information will discover Solana’s bullish outlook, and dive into why Snorter Token would be the most promising SOL-related meme coin to watch this season.
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Solana Surges by 109%, On Observe to Flip BNB Once more
After buying and selling as little as $95 per token in mid-April and sprinting by two consecutive bullish waves, Solana has now touched the $200 mark – netting positive factors of up to 109% and reaching its highest worth since February 15.
Solana at present has a market cap of greater than $100 billion – inserting it simply behind BNB, which sits at $109 billion. However what’s catching consideration is the relative tempo of Solana’s progress. During the last 30 days, BNB has gained 26%, whereas Solana has risen by greater than 50% – a big hole that helped SOL flip BNB in market rating final night time.
Due to SOL’s robust efficiency, many market analysts predict even additional progress. The crypto influencer Ted, who has over 178,000 followers on X, efficiently predicted that Solana would hit $200 – and now believes it might hit $250 sometime in Q3 2025.
In additional bullish information, SOL has been ranked as a “robust purchase” as per TradingView’s automated technical analysis tool, which means that additional progress might proceed in the weeks forward.
Nevertheless, not everybody could also be wanting to purchase SOL at its present ranges, particularly given the truth that it’s up by greater than 22,000% because it launched in 2020. For these nonetheless bullish on the Solana ecosystem, a lesser-known undertaking referred to as Snorter Bot is making ready to launch its native Snorter Token (SNORT), a brand new utility meme coin with high-growth potential.
Snorter Bot Targets Solana Meme Coin Merchants With Superior Buying and selling Instruments
Given the uptick in Solana’s value, curiosity in SOL-based meme tokens can be heating up. Snorter caters to this rising niche by providing customers a means to commerce meme cash extra effectively and affordably with its crypto buying and selling bot.
Snorter Bot will function one of many lowest buying and selling charges in the Solana ecosystem, as the usual 1.5% buying and selling charges will drop to simply 0.85% for customers holding a minimal steadiness of SNORT. This undercuts standard bots like Bonk Bot and Banana Gun, which cost a flat 1% price.
Past affordability, Snorter additionally guarantees a number of superior options. Its automated sniping software permits customers to enter a token’s launch handle or Raydium pool ID, and have the bot execute a purchase immediately when liquidity seems. For these preferring extra management, restrict orders and dynamic stop-losses can be utilized to set targets and exit factors forward of time.
Snorter additionally consists of honeypot and rug-pull detection, scanning good contracts towards blacklists and watching out for malicious mint capabilities – then alerting customers earlier than they purchase. In closed beta, this function had an 85% success charge. Copy-trading is one other supported software, letting customers mimic trades from top-performing wallets in actual time.
To spice up social media engagement, Snorter will even host referral contests, group campaigns, and leaderboard rewards, which can all contain payouts in SNORT tokens.
Analysts Decide Snorter Token as One of many Prime Meme Cash to Watch Proper Now
ClayBro, a well-respected crypto YouTuber with over 136,000 subscribers, not too long ago named Snorter Token as one of many high meme cash to purchase in this present bull run.
He says that as extra persons are buying and selling meme cash beneath bullish market circumstances, Snorter’s cost-effective buying and selling bot could possibly be in excessive demand if it undergoes a profitable rollout.
ClayBro additionally factors out that Snorter presents a passive earnings possibility by its staking mechanism. Utilizing this software (which could be accessed instantly throughout the funding course of), SNORT token holders can lock up their tokens to earn an annual yield of up to 178%.
Since staking went reside, over 14 million tokens have already been locked in the ecosystem. Nevertheless, the yield will lower as extra tokens are staked – so early adopters could desire to purchase and stake their SNORT early to safe the very best returns.
As Solana continues to dominate headlines with its fast progress and robust market efficiency, buyers have the chance to diversify into new and progressive Solana-based tasks comparable to Snorter Bot. Its distinctive mixture of humor and utility might make it one of many high meme cash to watch all through the newest bull run.
This publication is sponsored. CryptoDnes doesn’t endorse and isn’t answerable for the content material, accuracy, high quality, promoting, merchandise or different supplies on this web page. Readers ought to do their very own analysis earlier than taking any motion associated to cryptocurrencies. CryptoDnes shall not be liable, immediately or not directly, for any injury or loss brought on or alleged to be attributable to or in reference to use of or reliance on any content material, items or providers talked about.
