What happened?
The final week to buy Snorter Bot Token (SNORT) is underway with the presale extended until October 27 at 2 p.m. UTC. Investors rushed in over the weekend, pushing the raise past $5.2 million with more than $300,000 in buys, and the token price is currently locked at $0.1083 — the same as its upcoming listing price. SNORT backs a Solana-based Telegram trading bot that pairs meme-coin branding with real trading infrastructure, offering staking, fee discounts and copy-trading features.
Who does this affect?
Early investors and meme-coin hunters are the most directly affected since they can still buy SNORT at the presale price. Traders who need fast execution and multi-chain token discovery—especially Solana and Binance users and Telegram bot communities—stand to benefit from the bot’s speed and low fees. Competing bot projects, DeFi traders, and the broader meme-coin ecosystem may also feel pressure as Snorter’s capital, tech and marketing shift attention and liquidity toward its launch.
Why does this matter?
If SNORT gains traction after listing, its mix of real utility, strong funding and fast execution could funnel significant capital into the project and trigger outsized short-term price moves like recent meme-coin flips. That could increase volatility across meme coins, draw speculative inflows to Solana and related assets, and force competing bots to evolve or lose market share. For markets, the main takeaway is higher short-term upside and risk — big gains are possible, but rapid rotations and sell-offs are equally likely.