The Snorter trading platform is set to close its presale in seven days after raising $4.4 million. Designed to assist retail traders in meme coin trading, Snorter provides auto-sniping, copy-trading, and scam-checking tools through a Telegram-integrated bot. This tool enables users to execute swaps and automate trades quickly, which is necessary in a market where timing is critical. Currently priced at $0.1073 per SNORT token, the presale offers a final opportunity for investors before the token generation event (TGE) takes place.
The Snorter bot is currently in beta on the Solana blockchain, with plans to extend its services to Ethereum and the Binance Smart Chain. Its features include auto-sniping of tokens, limit orders, dynamic stop-loss settings, and a honeypot checker. Moreover, 22.7 million SNORT tokens have been staked, with an annual percentage yield (APY) of 110%.
Security audits have confirmed the absence of honeypot mechanisms and mint functions, ensuring a more secure trading environment for users. The project aims to enhance its tokenomics structure and community engagement, with future developments including multi-chain expansion and community governance.
- Why it matters:
- This development represents a significant innovation for retail traders, potentially leveling the playing field against automated trading bots.
- Investors may see immediate opportunities in the presale phase, as successful implementations could lead to future profits.
- The latest: The presale will conclude shortly, and the TGE is anticipated to follow, highlighting the urgency for prospective buyers.
Source: https://coincentral.com/next-crypto-to-explode-viral-snorter-bot-presale-enters-final-7-days-with-4-5m-raised/
Source: https://coincentral.com/next-crypto-to-explode-viral-snorter-bot-presale-enters-final-7-days-with-4-5m-raised/