Nasdaq-listed Safety Shot has secured a 10% revenue stake in LetsBONK.fun, one of the largest memecoin launchpads on Solana.
As part of the deal, Safety Shot will add $25M worth of $BONK to its treasury. Effectively, this’ll make the public company a direct beneficiary of the platform’s growth and the token’s success.
It’s also bullish for Solana-based crypto projects like Snorter Token ($SNORT). The reason is that it underscores growing mainstream and institutional interest in the Solana ecosystem, so it’s bound to boost liquidity, visibility, and investor confidence across the network.
LetsBONK.fun Attracted $2M+ Daily Revenue in July
Demonstrating LetsBONK.fun’s market sway, the Solana launchpad saw a sharp revenue climb at the beginning of July, with multiple days generating over $2M in revenue.
During this period, it captured the lion’s share of daily revenue among Solana launchpads, frequently outpacing its main rival Pump.fun, thereby cementing its dominance.
Following such success, Safety Shot is now issuing preferred shares that can be converted into common stock. Plus, it’ll reinvest about 90% of its LetsBONK.fun revenue into buying $BONK, the fifth largest meme coin with a whopping $1.98B market cap.
With no debt and $15M+ in cash, the company is well-positioned to benefit from both the token’s price performance and the launchpad’s growth.
Such strengthening might also significantly benefit projects building on Solana, like Snorter Token ($SNORT).
Snorter Token to Launch Telegram Trading Bot on Solana
While $SNORT is an ERC-20 token, it’s the utility token of Snorter Bot, a Telegram trading bot preparing to launch on Solana this quarter initially.
In fact, it promises the lowest fees on the Solana network at just 0.85% and executes faster than rival bots like Maestro and Trojan.
Following its Solana launch, it’ll then go multi-chain, tapping into Ethereum, BNB Chain, Polygon, and Base. By doing so, you’ll be able to trade various promising projects across top networks from a single, streamlined interface.
From day one, it’ll give you access to advanced trading tools like copy trading, limit orders, and automated sniping. Its ultimate goal is to give you a leg up in the trading arena, after all.
And all will be achieved without compromising security. Snorter Bot will have MEV protection and leverage scam filters to detect honeypots and rug pulls, ensuring you don’t fall victim to common crypto scams.
When purchasing $SNORT, you’ll also be granted additional perks, like unlimited sniping, staking rewards at a 144% APY, and membership to its upcoming DAO.
Joining the DAO could be a major boon, as it’ll give you a voice in critical decisions that shape the bot’s future features, upgrades, and strategy.
Verdict – Safety Shot’s LetsBONK.fun Stake Boosts Snorter Bot’s Outlook
Safety Shot’s stake in LetsBONK.fun highlights how institutional players and publicly traded companies are moving beyond simply holding crypto; they’re buying into platforms to generate revenue.
Naturally, this is excellent news for Solana-based projects like the upcoming Snorter Bot. As more attention and investment flow into the network, it’s bound to witness greater adoption and trading activity.
To get the most out of the bot, you can grab $SNORT on presale for just $0.1011, using either $USDT, $ETH, $BNB, or fiat.
This could be the best moment to jump in, as its price is anticipated to reach $0.94 after being listed on major exchanges – a 829%+ rise.
We’re not financial advisors. DYOR and never invest more than you’d be sad to lose.
