During Altcoin Season, respected analysts urge investors to raise their targets – and sometimes even forget logical thinking.
That’s because these market windows are typically when the biggest, most absurd gains are generated. Rational thinkers take profits early and sit on the sidelines watching deluded holders pocket another 5,000% gain.
And with heavyweights such as Ethereum, XRP, and Solana massively outperforming Bitcoin recently, the Altcoin Season Index is signaling that an explosive rally may be just around the corner.
But amidst the hype, one project is turning heads among leading industry experts and retail investors alike: Snorter ($SNORT). The project is a meme coin trading bot built on the Solana blockchain. It ‘sniffs out’ trading opportunities and executes orders before most traders even load their charts.
Snorter is undergoing a presale, which is off to a scorching hot start, having raised $2.3 million so far. Its fundraising success reflects massive community support, which is fundamental to success – especially in the meme coin space.
This early presale stage, alongside the project’s strong use case and the impending altcoin season, is why some top analysts believe that Snorter will pump like crazy in the months ahead.
Why Snorter could be the next crypto to explode
The 2021 altcoin season was one to savor. Peaking between January and May 2021, Solana gave a 12,000% gain, Polygon gave a 14,000% gain, Axie Infinity gave a 24,000% gain, and BNB gave a 2,000% gain. Returns of this magnitude will turn thousands of dollars into millions, and transform crypto investors into ballers.
Altcoin seasons are the periods investors dream of, so here’s the good news: CoinMarketCap’s Altcoin Season Index has soared 37 points this last month. This means the next Altcoin Season is approaching.
However, looking back to the 2021 Altcoin Season, it wasn’t Ethereum or Bitcoin that delivered the biggest gains. It was new projects that had just launched that year. This is why smart traders are backing Snorter right now.
It’s no secret that meme coins are popular during bullish market periods. Their innate volatility creates huge potential for profits. But meme coins are unpredictable, and there are thousands on the market. So it’s hard for them to stand out, and it’s also hard for investors to identify a winner.
This is what makes Snorter so appealing: it’s entrenched in the meme coin narrative, but it’s also a tool that creates real value. Rather than being priced on hype and FOMO, utility-driven demand will support the $SNORT price. This creates lasting and more predictable potential.
As more traders move into the meme coin sector, there will be increased demand for trading bots, thereby driving more liquidity to $SNORT.
Respected analysts recognize this and, therefore, anticipate massive gains. For example, 2Bit Crypto backs Snorter for a 100x (10,000%) gain, close to the returns achieved by many of last cycle’s Altcoin Season runners.
Snorter leads the trading bot market with 0.85% fees, huge ecosystem
The crypto market is saturated with hundreds of promising new tokens every year. For projects to stand out, they must do things differently. That’s why Snorter is rapidly gaining traction.
It doesn’t just blend in with other trading bots; it overpowers them with lower fees and a much more comprehensive ecosystem. While the average trading fees range between 1% and 1.5%, Snorter charges just 0.85%. That’s extra money into its community’s pockets.
And then there are Snorter’s many features. At its core are copy trading and automated token sniping, designed to help users identify promising trades without spending all day looking at their screens. It’s built on a private RPC infrastructure, which bypasses the usual congestion of decentralized exchanges and allows users to trade in milliseconds, not minutes.
The project also boasts robust risk management features, including rug pull detection, dynamic stop-losses, and MEV resistance.
Ultimately, Snorter is more than hype; it’s a real product that helps its users. Considering the bullish market outlook and its narrative alignment with the meme coin meta, 2Bit Crypto’s 100x target should not be ruled out.
Just 1 day until $SNORT presale price hike
Analysts anticipate strong gains once $SNORT hits exchanges, but presale investors have the added advantage of price hikes throughout the ICO. This means that if you buy today, your tokens will be worth more even before the presale ends.
The next $SNORT presale price hike is scheduled to occur in one day, meaning investors seeking to maximize their gains should not wait. You can also stake tokens in the Snorter presale to generate even more returns. Staking currently provides a 178% APY, although this APY is subject to decrease as the staking pool grows.
Follow Snorter on X or join its Telegram for updates. Alternatively, visit its website to buy and stake tokens.
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