With growing activity across decentralized apps, NFT platforms, and a fresh wave of meme coin launches, analysts say a Solana run to $300 isn’t out of the question. If the trends from six months ago are replicated, we could see a new all-time high for SOL, a record previously set at $294 in January this year.
Much of the momentum this cycle is again tied to meme coins, and with the launch of platforms like LetsBONK, Solana’s part in the meme coin economy is increasing rapidly. As over 40,000 new tokens launch each day on Solana, most are destined to fail, some are scams, but a few deliver big returns.
Snorter Bot (SNORT) is emerging as an indispensable automated trading bot aimed at sniping that 1% of meme coins that make it big. With sub-second speed, tools to block honeypots and rugpulls, and over $2 million raised, the Snorter Bot presale is grabbing attention as the top new utility project in Solana’s meme coin space.
Solana’s $300 Target a Reality as Meme Coins and DeFi Projects Multiply
Solana’s speed and low fees have made it a favorite for both developers and traders. Its rise has gone hand in hand with the success of platforms like Jupiter, a fully-fledged DeFi platform, and Huma Finance, a decentralized protocol for global payments, and the top-6 crypto still enjoys immense institutional and retail support.
In a game-changing development, tokenized stocks have recently gone live on Solana, enabling users to purchase their favorite stocks, such as Tesla, Nvidia, or Amazon, without requiring a traditional brokerage account. Users can buy these tokens on Jupiter or any other DeFi platform on Solana, using a variety of assets, including USDC and SOL, as well as meme coins like BONK and PENGU.
Even the technical charts point to further gains for SOL. A popular Solana analyst, jussy, predicted that Solana could push towards $263 if it breaks resistance at $180. Having just crossed $190, a continuation of its rise towards high $250s could give SOL further momentum to break the magical $300 mark.
The recent rise of ETFs paints SOL’s new climb towards an ATH in a completely different light. Now, with Solana ETFs attracting $78 million in inflows within a few days of their launch and new institutions filing for a Solana ETF, the door to boundless capital from traditional investors has been wide open.
But nothing moves the charts like meme coins. Tokens like BONK and PENGU recently overtook TRUMP as the two largest meme coins on Solana. Bonk’s launchpad LetsBONK is seeing a surge in revenue, too, and it consistently pushes past $400 million in 24-hour trading volume.
The meme meta is what drove Solana to its all-time highs at $294, and it appears that the meme meta will be instrumental in propelling Solana to $300 this time.
However, over 40,000 meme coins are being created daily on the Solana blockchain. It’s chaos where most of the coins have no future. A recent report from Solidus Labs flagged widespread rugpulls and pump-and-dump activity across more than 98% of the tokens launched via Pump.fun, another meme coin launchpad on Solana.
But within that chaos, there’s also an opportunity, as a small percentage of golden goose tokens can return life-changing upside. Around 300 of these elusive coins reach bonding within 24 hours and continue to the next phase, according to the Jup Pro analytics platform.
To survive the trenches and thrive, manual trading and gut feeling may no longer be enough. That’s where Snorter Bot comes in. This Telegram-native bot features automated tools designed to collect the best coins at launch and uses built-in protection against honeypots and rug pulls, providing retail traders with an edge that was long overdue.
Could Snorter Become the Next Big Solana Token?
As the name suggests, Snorter Bot is a trading bot built for Solana. It’s native to the Telegram app, meaning it transforms the chat app into a full crypto trading terminal where users can snipe meme coins and swap tokens with MEV protection.
The bot delivers sub-second execution speed thanks to its own RPC architecture, enabling its users to outspeed platforms like Jupiter. Additionally, the bot offers rugpull and honeypot detection mechanisms which have proven an 85% effectiveness in eliminating scams and malicious tokens.
Another useful feature is its portfolio tracker, where users can easily monitor their cost basis, PnL, and open positions without resorting to an external app or site. And that’s the beauty of its Telegram integration: there’s no need for complex wallet setups or a flood of browser tabs, it’s all within the chat app.
Initially, Snorter Bot will begin operation on Solana. However, the team plans to expand to EVM-compatible chains, such as Ethereum, BNB, Polygon, and Base. There it will be able to capture an even larger portion of the meme coin market and simplify cross-chain meme coin trading for its users.
SNORT Token Cranks the Features Up to Eleven
The SNORT token is a utlity token used to power and manage Snorter Bot’s wide array of features. It’s multi-chain token, available on both Solana and Ethereum, and gives its holders premium access to unlimited token snipes and advanced portfolio analytics.
For those looking for passive income opportunities, holding SNORT unlocks staking rewards, as well as copy trading capabilities, an extremely welcome feature that is rarely seen outside of centralized exchanges. With Snorter Bot, users can copy the traders of their favorite trader while keeping their assets in a non-custodial wallet.
Snorter Bot also leads the way in fees. With SNORT, users can enjoy fees as low as 85%, a considerable discount from the full 1.5%, whereas standard industry fees often go up to 2%.
The analysts at 99Bitcoins see fundamental value in the SNORT token and believe it can take a serious share of the meme coin market.
Snorter Token Next 10X Potential Crypto?! NEW Solana Meme Crypto Trading Bot!!
Why SNORT Could be the Top Solana Meme Coin
Most meme coins offer no tools, no product, and rarely any use beyond price speculation. Snorter Bot flips that model by building real trading infrastructure in a market where speed and protection matter more than ever.
With LetsBONK and Pump.fun showing that the Solana meme coin moment could experience its biggest charge yet, bots like Snorter could become the core tools for traders looking to discover the next big coins and turn a profit. And with over $2 million raised in its presale, this is one of the top Solana projects right now.
Interested investors can buy SNORT using SOL, ETH, BNB, USDT, USDC, or a bank card. Visit the Snorter Bot presale site and connect your wallet to make the purchase. Early investors can increase their holdings while the presale lasts by staking for a dynamic yield of 186%.
Alternatively, download Best Wallet and buy SNORT from the Upcoming Tokens tab.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. ModernDiplomacy.eu is not a licensed crypto-asset service provider under EU regulation (MiCA). Cryptocurrencies are highly volatile and involve significant risk. Always conduct your own research and consult a licensed advisor before making any investment decisions.