Pump Fun, the Solana-based meme coin launchpad, recently debuted its own token, $PUMP, which reached a staggering $5.6B market cap on the very first day of trading.
At the time of writing, the market cap sits around $5.04B. The Initial Coin Offering (ICO) lasted just 12 minutes on July 12, raising $500M by selling 125B tokens, reaching a $4B valuation in the process.
While many initially called this valuation excessive, the explosive listing has largely silenced those concerns.
This historic launch not only validates the potential of meme coin infrastructure projects, but also signals the beginning of another major rally in the meme coin space, especially on Solana.
If you’re looking to ride the next wave, Snorter Token ($SNORT) deserves your attention.
$PUMP’s Pump Proves the Next Meme Coin Bull Run Is Brewing
The pre-market valuation was even higher, peaking at $7.2B, according to recent coverage by DeFi information platform The Defiant.
The token’s perpetual futures ranked third in volume on Hyperliquid, trailing only $BTC and $ETH, and that, too, with just 3x leverage.
$PUMP currently dominates Solana’s meme coin mindshare, commanding 28.47% of the ecosystem. It’s closely followed by $PENGU, which holds a 23.08% share.
It’s also worth noting that:
- Whales showed strong interest in the $PUMP ICO. While the average spend was around $44,209, the median was just $550.
- Over 200 wallets accumulated at least $1M worth of $PUMP.
- Since its launch in early 2024, Pumpfun’s revenue has grown steadily, now sitting at around $630M, with the 30-day revenue alone at $6.1M.
- Lastly, the total number of cumulative addresses on the platform has also surpassed 20M.
This explosive demand and performance underline a clear market signal: investor appetite for the best meme coins and altcoins is back in full force.
A token launchpad achieving this level of traction only strengthens the belief that the next meme coin bull run is just around the corner.
With one viral meme coin after another launching on Solana, it’s time to look at a new trading bot that could actually help you capitalize on these pumps. Enter one of the newest projects around: Snorter Token ($SNORT).
What is Snorter?
So, what is Snorter? In short, Snorter is a new Telegram-native trading bot built to offer retail meme coin traders on Solana a seamless and secure experience, equipping them with all the tools needed to make a killing in the markets.
For example, Snorter Bot comes with automated sniping, allowing users to place buy/sell limit and stop orders, which the bot then executes at lightning speed, automatically.
This gives retail traders the ability to snipe liquidity in new meme coins – in other words, to buy tokens as soon as liquidity arrives, positioning themselves just before potential pumps.
It’s worth noting that the first pumps in new meme coins are often the most profitable, and until now, institutional players have been the ones eating up that early liquidity using advanced trading tools. Snorter levels the playing field.
At launch, Snorter Bot will only be compatible with Solana, though it’ll soon expand support to Ethereum, Polygon, BNB, and Base.
How Snorter’s Security & Simplicity Set It up for Success
The current crypto landscape is unfortunately rife with scams and theft. But Snorter features airtight security, covering virtually every nook and corner.
In addition to independently verifying each token before allowing users to trade it, Snorter also comes equipped with front-running protection and advanced detection mechanisms to sniff out honeypots and rug pulls.
Additionally, the bot is also capable of protecting you against sophisticated MEV (or sandwich) attacks, which are often used by other bockchain bots to manipulate transaction order and extract profits at the trader’s expense.
Despite being laced with high-end features, Snorter remains one of the easiest-to-use trading bots out there.
As mentioned above, it’s built natively on Telegram, meaning you can simply interact with it (place buy/sell orders, copy trades from crypto pros, and even manage your portfolio) through the app’s chat interface. No need for complicated dashboards or clunky browser extensions.
Buy $SNORT to Ride This Trading Bot’s Market Adoption
Snorter is uniquely positioned to benefit from the growing crypto footprint, particularly in the meme coin segment, where demand for reliable trading tools is only set to increase.
You can be part of Snorter Bot’s rising momentum by purchasing Snorter Token ($SNORT), the platform’s native cryptocurrency.
The token is currently in presale, with over $1.8M raised in early investor funding so far. And right now, one $SNORT is available for a low price of $0.0983.
The best part? Our Snorter Token price prediction suggests that it could be the next crypto to explode, potentially surging 1,850% to hit $1.92 by 2026.
If this is your first crypto presale purchase, here’s a step-by-step guide on how to buy $SNORT.
And for additional information on the project, check out its whitepaper. Also, be sure to join its X feed and Telegram channel for regular updates.
Disclaimer: Crypto investments are highly risky due to the market’s volatility. None of the above is financial advice, and you must always do your own research before investing.
