Snorter Bot (SNORT), a Solana-based Telegram trading assistant designed for meme coin markets, has raised $1.5 million in its ongoing presale, with analysts forecasting potential 10x growth for its native token. The presale, launched in late May, offers SNORT at $0.0971 before an imminent price hike, attracting significant whale activity including two $200,000 purchases. Stakers can earn up to 233% APY during the presale period.
The bot integrates directly into Telegram, enabling instant token sniping, copy trading, and automated risk controls like stop-loss orders via Solana’s high-speed blockchain. Its multi-layered security system flags 85% of scam tokens using real-time contract analysis. SNORT holders benefit from reduced trading fees (0.85% vs. standard 1.5%), governance rights, and future cross-chain expansion to Ethereum, BNB Chain, and Polygon.
This momentum aligns with broader Solana ecosystem growth. Moody’s recently piloted blockchain-based credit ratings on Solana, while the REX-Osprey Solana Staking ETF (ticker SSK) launched July 2 with $33 million in first-day volume and $12 million net inflows. Analysts now estimate a 95% probability of spot Solana ETF approval by year-end. Regulatory tailwinds include the SEC’s pragmatic new stance under Chairman Paul Atkins and dropped lawsuits against Coinbase and Binance.