Fear and uncertainty swept through the crypto market on Friday as the prices of Bitcoin and top altcoins plummeted. Bitcoin fell below the $110,000 support level for the first time since early September, losing 2.8% in the last 24 hours. Ethereum followed suit, dropping 3.1% in the same period and falling below the $4,000 support level.
This downward move triggered sharp liquidations, with Coinglass data reporting $1.16 billion wiped out from the crypto market over the past 24 hours – a 278% increase from the previous day.
In a market with rising volatility and imminent risks of loss, making strategic moves and being able to enter and exit trades quickly is more crucial than ever. That’s why Snorter (SNORT) is generating a lot of buzz right now, as it’s developing a Telegram-based meme coin trading bot for the Solana blockchain. It’s expected to launch as one of the fastest, most affordable, and user-friendly trading applications on the market.
Snorter is undergoing a presale, but this will end in just 24 days, adding a sense of urgency for interested market participants who have yet to buy. The presale has already raised over $4 million, indicating strong appeal among early investors.
Snorter trading bot delivers millisecond execution and copy trading
Snorter operates differently from other trading bots. To begin, it charges the lowest fees on the market at just 0.85%, while the average fees range from 1% to 2%. That might not seem like a huge amount, but over time, those savings can make a big difference – especially if reinvested.
The bot’s backend is built on a private RPC infrastructure, meaning it bypasses the usual congestion of decentralized exchanges and executes transactions directly from the mempool. Instead of waiting minutes for your trade to complete – which is like a light year in the fast-paced meme coin space – Snorter executes trades in milliseconds.
A primary feature of Snorter is copy trading, a hands-off tool where users enter a successful trader’s wallet address, and the bot replicates their orders. Users retain full control over their position sizes, and the RPC infrastructure guarantees that SNORT users are always first to the trade.
The project also features an automated token sniping function that allows users to input a contract address, and then Snorter will monitor the mempool, perform safety checks, and instantly buy when liquidity is added. This gives traders a first-mover advantage in new meme coin launches.
Other built-in features include limit orders, dynamic stop-losses, and rug-pull detection, making Snorter a sophisticated, full-suite trading tool with capabilities previously reserved for professional market participants or those willing to pay an arm and a leg.
This analyst says SNORT is the best crypto presale to buy
Regardless of outside market conditions, the Snorter presale is performing extremely well at present. Funds are flowing in, and respected industry analysts are paying attention. In a recent video, Borch Crypto told his 92K subscribers that SNORT is the “best crypto preale for 2025.”
The analyst called Snorter “the hottest presale going on right now,” pointing to its success in raising over $4 million.
However, with real utility in the meme coin market – a sector known for delivering life-changing gains to investors – Borch Crypto believes SNORT’s success is only just beginning. He says the real growth will occur once it hits exchanges.
What will happen after the Snorter presale ends?
The Snorter presale will end in 24 days. Afterward, there’ll likely be a one-week period where the team prepares for its exchange listing, allowing late investors to buy at the initial DEX listing price. This practice is common practice for presale tokens and helps ensure a smooth transition of liquidity, fair price discovery, and a clear timeline for trading once the token officially launches.
Snorter will list on decentralized exchanges and, depending on its performance, may also secure listings on centralized exchanges after the presale.
The Snorter trading bot is expected to go live simultaneously, adding a new demand driver for SNORT beyond speculation. That’s because users need to buy SNORT to receive the discounted trading fees of 0.85%, and it also grants access to staking and governance.
Snorter is a tool that can both identify promising opportunities and protect against risks. In a volatile market like the one we’re facing right now, that’s a major advantage.
Despite the bearish trend this week, October – which is historically the best-performing month for crypto – will begin in just a few days. The market could shift to a risk-on stance at any moment, and so well-prepared investors ready to buy high-upside opportunities could be set for huge gains. Tools like Snorter are designed specifically for this purpose – and with its exchange launch coming, this setup could result in significant demand.
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