Investment of $300 million in Solana by a soccer team, endorsed by Cathie Wood, attracts attention to the presale of Snorter Token, valued at $3.99 million.
In the ever-evolving world of cryptocurrencies, two new players are making waves – Snorter Bot and Snorter Token.
Snorter Bot, a trading companion powered by the Snorter Token ($SNORT) and operating on the Solana network, is quickly gaining popularity. With its main operating center on Telegram, the bot is equipped with automated and customizable profiles for easy and convenient use. One of its key features is an automated launch-sniping system, delivering institutional-grade speed that allows the bot to snipe target tokens in milliseconds after funds become available. This speed, coupled with low execution fees of 0.85%, makes Snorter Bot a cost-effective choice compared to other Solana bots.
The Snorter Token project is driven by a team behind a Telegram-based Solana trading bot designed to help traders find opportunities, facilitate swaps, and mitigate risks. The token is currently available for purchase at $0.1049, and users can stake it for an attractive Annual Percentage Yield (APY) of 117%. However, it's important to note that prices and APY are subject to change.
The Snorter Token has recently seen significant growth, with the presale nearing the $4M milestone. This surge in interest was partly fuelled by ARK Invest, one of Solmate's primary backers, who recently bought $15.6M-worth of shares in Bitmine Immersion Technologies (BMNR). ARK Invest, led by Cathie Wood, has shown a growing appetite for companies with expanding crypto treasuries, and their investment in Snorter Bot could be a sign of things to come.
The news of ARK Invest's investment has had a positive impact on Solmate, formerly known as Brera Holdings. After the announcement, Brera Holdings' stocks soared by 600%, closing at 225.49%. The Solana treasury, part of Brera Holdings' investment, has $SOL testing its psychological barrier at $250. The news could give $SOL the momentum to touch $270 in October.
Solmate, now a multi-club operator listed on Nasdaq, is planning a dual listing on Nasdaq and UAE exchanges. The company has also received a $300M investment from Solana, further solidifying its position in the crypto market.
Snorter Bot also incorporates scam detectors to warn against suspicious projects and keep funds safe. With these features and its growing popularity, Snorter Bot and Snorter Token are certainly ones to watch in the crypto market.
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