GENIUS and CLARITY Acts Passed in Crypto Week: Altcoins Like $SNORT to Explode Soon?

The Digital Asset Market Clarity Act, the GENIUS stablecoin bill, and an additional law blocking the Federal Reserve from creating its own central bank digital currency (CBDC) all align with Web3 industry values, and provide clearer guidance for traditional institutions looking to integrate crypto into their business models.

These groundbreaking moves are expected to put Wall Street whales, high-net-worth investors, and everyday retail buyers at ease, boosting confidence across the Web3 and TradFi spaces. Crypto prices are already surging, pushing altcoins and meme tokens to new heights – and ripple effects have even shown up in the stock market, where Coinbase’s COIN finally broke above its day-one record price of $429.

As so many cryptos are suddenly skyrocketing, eagle-eyed investors are looking out for higher-upside altcoins – and crypto presale projects like Snorter Token ($SNORT), which has raised $1.8 million since its recent launch.

Are More All-Time Highs Coming for BTC?

Since Bitcoin is still the world’s largest cryptocurrency by market cap, with a total value of $2.3 trillion putting it far ahead of Ethereum’s $430 billion, it’s still a consistent point of focus for holders and altcoin fans alike. BTC is also Wall Street’s favored crypto: US spot Bitcoin ETFs currently hold a total of $154.6 billion worth of BTC, while Ethereum (ETH) ETFs have accumulated $17.3 billion in net assets.

Following BTC’s all-time high peak around $123,000 on July 14, many investors decided to take profits – cutting the bullish momentum short and creating a brief dip.

However, any pullbacks will probably be seen as healthy – and if support can be firmly established around $112,000, BTC could easily rebound and see even more all-time highs before the end of the year.

Altcoins Outperforming – Which Could Explode Next?

When Bitcoin cools off after a sudden pump, Ethereum and other altcoins usually take over as market participants allocate their BTC profits into assets with better upside potential. This phase is known as an “alt season,” and generates even more hype and excitement across the Web3 community and social media.

The Bitcoin market dominance chart below shows that Bitcoin’s popularity among crypto investors has been declining since June 27 – although it fell very sharply this week.

By applying some basic technical analysis to this chart, which is extremely popular among altcoin traders, we can identify some points (such as 60%, 57.5%, and 54.5%) where altcoin profit-taking could begin. If those levels get hit, some traders could cash out into stablecoins or fiat – but many others will simply move into coins that offer higher potential rewards in exchange for higher risk.

Early altcoin winners – such as XRP (XRP), Chainlink (LINK), Stellar (XLM), Avalanche (AVAX), and Uniswap (UNI) – have already exploded, making weekly gains of 20% or more.

This means that major coins that have yet to catch up (like Solana (SOL), up roughly 10% this week) should be the next targets for serious crypto players. As we’ll see, meme coins and related presale projects, such as Snorter Token, also have a strong chance of dominating over the next few weeks and months.

How High Can the Meme Coin Market Go?

The meme coin sector has always been heavily criticized by crypto skeptics – and it is a fairly obvious target, as meme crypto projects are normally based on satirical jokes, internet humor, and sometimes just a cartoon mascot or cryptic logo.

Many meme coin creators even go so far as to deliberately troll and provoke almost anyone they can, as a way to promote their tokens and go viral on social media.

From tongue-in-cheek projects like Fartcoin (FARTCOIN) and SPX6900 (SPX) to all-time favorites like Dogecoin (DOGE) and Pepe (PEPE), the meme coin space is both diverse and divisive. But at the same time, it’s also valued at more than $77 billion – and that figure is now rising toward its former peak at $127 billion.

This gigantic success has motivated countless developers, entrepreneurs, have-a-go amateurs, and malicious actors to jump in and create their own meme coins.

As a result, tens of thousands of meme coins are created every day – which is far more than any human can track, and could drive exponential growth across the sector in 2025. This has led to the rise of trading bots like Snorter Token ($SNORT), an automated tool that’s expected to take over on Solana when its token sale ends.

Why Snorter Could be the Smartest Play in this Bull Run

With millions of meme coins available to trade, and tidal waves of new tokens washing into the market every day via launchpads like Pump.fun, it’s become impossible for a single trader to capture every opportunity and fully maximize their profits.

This is where Snorter Token (SNORT) comes in, as its team have created a Telegram-based trading bot that will enable meme coin fans to automate their crypto strategies while staying as safe as possible.

Whales and early retail buyers have already snapped up a total of $1.8 million worth of SNORT so far, showing huge investor confidence in the project’s potential.

Although Snorter Bot will be capable of trading any coin on the Solana blockchain (eventually expanding to EVM-based chains like Ethereum), it also opens up more advanced capabilities like sniping brand-new tokens, copy-trading the market’s most successful investors, and executing automated swaps at higher speeds than competing bots and humans.

When sifting through endless lists of new tokens and meme coins, it’s easy to make mistakes and overlook potentially disastrous traps like rug pulls, honeypot contracts, and the latest sophisticated scams. To combat this constant threat, Snorter Bot employs a comprehensive set of contract scanning tools that spotted 85% of malicious tokens during beta testing phases.

The Snorter Token (SNORT) will give users automatic fee discounts (down to 0.85% per trade), exclusive community rewards, and access to VIP-tier features like unlimited sniping and copy trades. The latest presale price ($0.0985) will only be available for the next several hours, and buyers can immediately begin staking their SNORT at an APY of 196%.

Visit Snorter Token Presale

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.