Solana-based meme coins are enjoying a strong resurgence, with the category’s total market cap inching closer to $15 billion. Leading this trend is Bonk, which has surged 120% in the last two weeks, even outpacing new launchpad sensation Pump.fun, which made headlines by raising $500 million in presale funding this month.
Bonk isn’t only winning in the price charts: the LetsBonk Solana meme coin launchpad platform has also flipped Pump.fun in daily revenue.
Now, the Solana meme coin space is getting even more exciting, with investors now eyeing a new presale that promises real utility alongside meme coin appeal, Snorter (SNORT). The project is building a Solana meme coin trading bot designed to help users snipe hidden gems.
Bonk Outperforms Pump as Solana Meme Coins Battle for the Top Spot
Bitcoin’s bullish momentum has helped lift the broader market, but Solana meme coins such as Bonk and Pump.fun are among the biggest winners of the rally.
Pump.fun (PUMP) exploded onto the scene in early July, making history by raising $500 million in its presale. Its rapid fundraising and massive hype led many to believe PUMP would dethrone Bonk as the top Solana meme coin.
But Bonk has fought back impressively. The veteran Solana meme coin has climbed 161% in the past month, including a 43% jump in the last week alone. The rally has analysts like Master of Crypto bullish, suggesting that BONK could hit a new all-time high if it breaks and holds above $0.000048.
In contrast, PUMP has been more prone to volatility. After launching at $0.004, it soared to $0.0068 before dipping to $0.0054, down 17% in the past 24 hours. Still, its market cap stands near $2 billion, keeping it among the most influential tokens in this space.
Bonk’s growth comes as LetsBonk overtook Pump.fun in terms of daily revenue, putting it at the top of the Solana meme coin launchpad rankings.
However, with both Bonk and PUMP already commanding billion-dollar valuations, some investors are exploring lower-cap opportunities with higher upside potential. One such project now gaining traction is Snorter (SNORT), a Solana meme coin that offers more than just hype.
Snorter Shakes Up the Solana Meme Coin Market with its New Trading Bot
Snorter is launching a Telegram-powered trading bot that lets users engage with crypto markets directly, offering a streamlined and efficient trading experience. The standout feature is its low trading fees.
While most bots charge at least 1%, Snorter’s standard 1.5% fee drops to 0.85% for users holding SNORT tokens. This is currently the lowest execution fee among Solana-based bots, beating out competitors like Bonk Bot and Banana Gun.
Beyond cost savings, Snorter offers robust tools. Its automated sniping lets users input token launch addresses or Raydium pool IDs, and the bot instantly buys when liquidity is detected and handles tax settings automatically.
Rug-pull and honeypot protection is built in, with a rules engine checking for blacklist, freeze, or mint functions before any trade, achieving an 85% detection success rate in beta. The project also plans to implement a DAO for SNORT holders, enabling voting rights on future decisions.
Analysts Bullish on SNORT as Staking Adds Passive Income
In addition to its trading bot, Snorter introduces a staking incentive. Investors can lock up SNORT tokens to earn up to a 199% annual yield, with over 12.5 million tokens already staked.
Furthermore, Snorter has the backing of popular crypto analysts such as Austin Hilton, who states that SNORT could emerge as one of the top contenders in the current Solana meme coin cycle.
The blend of trading utility, staking, and meme coin appeal offers something unique in a crowded market. With the Solana meme coin sector booming, attention is quickly expanding beyond just Bonk and PUMP.
Snorter, backed by real use cases and a growing community, presents an intriguing mix of fun and functionality that could appeal to both traders and meme coin fans alike.
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