Bullish sentiment returned to the crypto market this July, and traders are searching for undervalued tokens that could be next to explode. One potential candidate is Snorter (SNORT), which has gradually been gaining momentum and just hit the $2.5 million mark in its presale.

The project has been turning heads since May 28th, when its developers announced the upcoming Telegram trading bot for Solana. The Snorter Bot empowers meme coin traders to capitalize on explosive, emerging opportunities before others.

Let’s find out what Snorter Bot offers and why holding SNORT, its utility token, could prove lucrative this year.

Snorter Bot’s Launch Could Help Smaller Meme Coin Traders Compete With Insiders and Whales

The meme coin market is fast-paced and known for its explosive launches, but it favors those with access to cutting-edge trading tools. That’s why insiders and whales are often the first to secure their portion of a newly-launched token and the largest gains.

Snorter’s developers aim to bring balance to the market with the release of Snorter Bot. Developers aim for it to execute trades in under one second, using the project’s custom Solana RPC infrastructure.

Holding SNORT will reduce Snorter Bot’s fees from 1.5% to 0.85%. This makes it a cost-effective solution, as most of its established competitors, like Maestro and Banana Gun, charge 1-2%.

Its holders will also benefit from having access to unlimited token sniping, which allows investors to schedule buys before a token is even released. With these benefits, SNORT may become the key to some of the largest gains this year.

Additionally, it will execute trades based on plain-text commands within its Telegram chat window. That means Snorter Bot’s users will get a solution that performs as well or better than the market’s leading tools without a steep learning curve.

Snorter Bot will also reduce fragmentation for active traders. That’s because it allows users to monitor their portfolio without leaving Telegram, ensuring no time is lost while trading.

Analyst Believes the Feature-Rich Snorter Bot Can Help SNORT Achieve 100X Gains

From day one, Snorter Bot will offer several advanced features that can help increase the gains of even the most inexperienced meme coin traders.

For example, it will offer risk management and automation tools such as profit targets and cascading exits. These allow investors to get the most out of their investments without even monitoring the charts. It will also include copy trading, enabling anyone to mirror the trades of the market’s top-performers automatically, with position-sizing controls.

Snorter Bot won’t just make trades easier to execute, but also more secure. It automatically detects various threats to user security, which helps them avoid falling victim to scams. The threats it can detect range from smart contract-related threats, such as minting or trade freezing, to front-running attacks.

Impressed by the project’s scope, presale expert Crypto June believes the Solana trading bot’s anticipated popularity can help SNORT explode by up to 100x.

He also pointed out that Snorter Bot will be one of the few Telegram trading bots available on multiple chains. The project’s roadmap reveals it will extend its services to Ethereum, BNB, and other chains in the future.

As its native token, SNORT’s use cases will only expand in the future, which is why Crypto June predicts explosive performance.

SNORT’s Price Is Rising Quickly as Investor Interest Surges – Here’s How to Buy It Early

Since the Snorter presale follows a dynamic pricing model, SNORT’s per-token price is constantly rising through stages. The presale enters a new stage each time the previous stage’s allocation sells out or enough time passes.

Currently, SNORT costs $0.0997 each, and investors can purchase it using SOL, ETH, BNB, USDT, or fiat. It can be bought via the presale website or Best Wallet’s “Upcoming Tokens” in-app feature.

Since it is a multi-chain project that will launch on both Solana and Ethereum, Snorter also offers Ethereum-facilitated staking rewards. 

Locking SNORT in the staking pool currently offers 166% annual returns, allowing investors to more than double their token holdings passively. However, the staking APY will decrease as more investors stake SNORT, meaning early backers get the best returns.

Beyond securing passive rewards, those staking SNORT will also have increased voting power once the Snorter DAO goes live and introduces governance rights.

Plus, stockpiling SNORT during the presale makes the holder-exclusive trading leagues and other upcoming competitions accessible at a low cost.

As the Snorter presale gains momentum with $2.5 million raised, it could wrap up soon. That’s because the project caps the amount of SNORT available in the presale at 300 million tokens, meaning the window to join is constantly shrinking.

Visit Snorter Presale