The meme coin bull run is back in full swing, with the overall meme coin market cap climbing to an impressive $89 billion, a 7.7% surge in just 24 hours.
Leading the charge is Dogecoin (DOGE), which has soared 33% over the past week alone, sparking predictions that it could soon surge to $1.
But it’s not just the big names grabbing headline; new meme coins like Snorter (SNORT) are gaining momentum, with the project having now raised over $2.1 million through its ongoing presale.
SNORT tokens are currently priced at just $0.0987, with the price increasing in each subsequent round. As interest rises, could Snorter become the next crypto to explode in the current bull cycle?
Dogecoin Soars by 65% in a Month, is $1 in Sight?
Dogecoin (DOGE), the world’s largest meme coin, had a shaky start to 2025, plummeting from January highs of $0.40 to lows of just $0.14 by April. But since then, things have flipped. DOGE has bounced back to $0.271, marking a 93.5% increase from its bottom, with 65% of the gains coming in the last 30 days itself.
Following this bullish momentum, crypto influencer Chapo predicted DOGE could hit $0.35 soon, with an even stronger run possibly pushing it to $0.50 before the end of July. His forecast is based on current price momentum and Dogecoin’s historic ability to explode during bull cycles.
Going one step further, technical analyst XForceGlobal sees DOGE soaring to $1 by the end of the current bull cycle. He believes that from current levels, DOGE still has enough strength to rally more than 500%, especially given the returning retail enthusiasm and broader meme coin surge.
However, investors should stay cautious. DOGE remains a highly volatile asset, and despite its recent spike, it’s still 62% below its all-time high of $0.73.
Furthermore, with Dogecoin already reaching a $40 billion market cap, many investors are now turning to newer projects that have the potential to deliver similar or even greater returns than DOGE. One name that is gaining all the attention is Snorter (SNORT), a new presale token that combines meme coin energy with real utility.
Traders Back Snorter as the Next Meme Coin to Explode
Snorter (SNORT) is a new meme coin that has launched at a time when market interest is high, but competition is strong as well. Despite this, Snorter sets itself apart in this saturated market by promising real utility through its upcoming Telegram-based trading bot designed for Solana.
The bot will offer Solana users a cheaper and more intuitive way to trade. While popular bots like Trojan and Banana Gun charge around 1% fee per transaction, Snorter cuts this even further. Users who hold a minimum SNORT balance have to pay a fee of just 0.85%, which is the lowest in the Solana ecosystem.
The bot will also feature automated sniping, allowing users to feed in a Raydium pool ID or token address and buy instantly when liquidity appears. This hands-free system also manages slippage and tax limits.
Snorter’s honeypot and rug-pull detection engine is another key feature. Before executing trades, the bot checks contract functions like blacklists and trading freezes, with an 85% success rate during closed beta.
Additional tools will include copy-trading from top wallets, a portfolio dashboard via Telegram, and a multi-chain roadmap targeting Ethereum, BNB Chain, and beyond.
The SNORT token itself unlocks bot perks, governance rights, and future rewards from competitions and referral programs.
Analysts Back Snorter’s Potential Amid Growing Staking Demand
Along with retail attention, Snorter is also grabbing the interest of popular crypto analysts. For instance, Jacob Crypto Bury, a popular YouTuber with over 57,000 subscribers, is among many who believe Snorter has real upside potential.
Due to the project’s unique utility and early entry level, Bury believes that SNORT could be the next 10x-100x meme coin. However, he does caution investors that such new meme coins could be highly volatile investments.
But, the YouTuber also states that volatility could be potentially offset through Snorter’s staking mechanism, which allows token holders to generate passive income. Investors can stake SNORT and earn an APY (annual percentage yield) of up to 187%. More than 13.3 million tokens have been staked so far, a strong signal of rising engagement.
In a market where most meme coins rely solely on hype, Snorter stands out by combining narrative appeal with practical use. With over $2.1 million raised in presale, Snorter may just be one of the top Dogecoin alternatives to keep an eye on this year.
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