Best Crypto to Buy Now? Whales Stacking Snorter Token Ahead of Exchange Launch in 3 Days

The crypto market is finally trending upward again – Bitcoin is back above $110,000, Ethereum is inching toward $4,000, and Solana leads the top ten cryptocurrencies by market cap with a 4.5% daily gain.

Solana’s rise is driven by increasing on-chain activity, with application revenue growing roughly 10x since early October and the market capitalization of real-world assets (RWAs) on the network surpassing $700 million for the first time on Thursday.

Now, a new project is set to debut in the Solana ecosystem, and some experts believe it could be one of the biggest launches of the year. It’s called Snorter (SNORT), and it’s developing a Solana-native meme coin trading bot.

It held a presale that raised over $5 million, but it concluded on Monday. The good news is that investors have one last chance to buy at the listing price of $0.1083 ahead of the initial exchange offering (IEO). However, the IEO is scheduled in just three days, leaving a narrow window for those who have yet to buy.

Whales are pouring into SNORT with 3 days until IEO

Snorter’s total fundraising has jumped from about $5 million at the end of the presale to $5.48 million as of Friday. This rapid surge indicates one thing: FOMO is growing among whales.

With the Solana price rallying and its on-chain ecosystem heating up, investors recognize that meme coin trading bots like Snorter will see strong demand in the coming weeks and months. However, current market-leading bots, Trojan and Banana Gun, lack their own tokens. That means investors seeking exposure to the Solana trading bot market are concentrating all their funds in SNORT.

So once Snorter launches on exchanges and it becomes widely available through DEXs like Raydium, it could see even larger inflows.

A major crypto whale, Borch Crypto, demonstrates this excitement by recently calling SNORT the “best crypto presale” and suggesting it has 100x potential once it hits the open market.

Here’s how to catch the next 10x-1000x runner with Snorter:

The Snorter bot offers significant advantages over current market-leading bots, beginning with trading fees. Snorter will beat the market average fee of 1%, with SNORT holders paying only 0.85% per trade – this could add up to big savings when compounded over time. In addition, SNORT holders get governance rights and staking rewards, making the token even more appealing.

There are two main ways to place orders with Snorter. The first is automated token sniping, which lets users enter a liquidity pool address; the bot then monitors it and buys tokens immediately when liquidity is added.

However, the second method could appeal to more users: copy trading. Currently, Solana on-chain tokens are booming – for example, a project called Buidl has rallied around 7x in the past month.

Snorter’s copy trading feature could help you catch the next big runner – here’s how with a step-by-step strategy:

1. Go to the DEX Screener and find a project that has pumped recently.
2. Tap on top traders and then click the “EXP” box for the trader who made the most gains.
3. Copy the wallet address and paste it into Snorter’s copy trading feature.

Now, the next time this trader makes a purchase, you’ll buy at the exact same time. In Buidl’s case, the top trader, 8grrG, made $61K from a $4.1K investment – that’s over a 15x gain in just a couple of days There are also other recent examples where traders have made even bigger returns – for example, a BSC chain project called BinanceLife saw one trader turn $2.5K into $1.8 million this week.

Snorter’s multichain expansion and rug pull detection

While Snorter will begin its journey on the Solana blockchain, its roadmap also outlines plans to expand to EVM chains such as BSC, Ethereum, and Base. This is important because it not only increases exposure for SNORT but also allows users to capitalize on top trading opportunities regardless of where they occur.

Another promising feature is Snorter’s rug-pull detection, which uses AI to identify potential scam tokens and honeypots. During beta testing, the bot successfully flagged 85% of rug pulls, demonstrating its ability to help safeguard users from one of the biggest risks in meme coin trading.

This blend of innovative order mechanisms, low fees, multichain support, and rug-pull detection suggests that Snorter could quickly become a major player in the trading bot space. Plus, with investors currently able to buy SNORT at its initial listing price, the potential for gains is massive.

As demonstrated by buidl and BinanceLife, there are huge profits to be made in the meme coin market right now. Not only can Snorter help you spot these breakout launches, but the SNORT token itself could just be the next meme coin to explode.

Visit Snorter Presale

The post Best Crypto to Buy Now? Whales Stacking Snorter Token Ahead of Exchange Launch in 3 Days appeared first on Blockonomi.