Bonk & Snorter Token Explode?

LetsBonk, a brand-new memecoin launchpad, is making waves with over $1M in daily revenue, overtaking Pump.fun. The $BONK token, which inspired the launchpad, soared over 50% following the news.

But while $BONK and LetsBonk are trending at the moment, strategic traders are looking beyond, to even greener pastures. Snorter Token ($SNORT), for example, just smashed the $1.6M milestone in its ongoing presale. The new Ethereum and Solana meme coin powers a Telegram-based trading app for degens, and it’s looking very hot right now.

Will the LetsBonk party also get $SNORT dancing, and is it a promising investment at the moment? Let’s see

LetsBonk is the New Meme Coin Hotspot, and Pump.fun Can’t Compete

LetsBonk launched on April 25 as a platform for anyone to create a meme coin in minutes, all without codes or approval. The project aims to provide a transparent, creator-friendly alternative to existing launchpads with fewer barriers and better integration.

Within weeks, the project outperformed Pump.fun’s daily earnings and has become the new go-to for launching coins on Solana.

And $BONK is the community-driven token that inspired it all. As soon as LetsBonk launched, the $BONK community rallied behind it, and the results were immediate.

BONK Key Technical Analysis Summary (1-Day Time Frame: 10 July 2025)

Currently, BONK is selling for $0.00002188. But if it manages to break past the resistance around $0.000026, there’s a good chance it could head toward $0.000030 and possibly touch $0.000041 in the coming weeks.

LetsBonk.fun pulled in $1.23M in daily revenue on 10 July 2025, nearly doubling Pump’s $732,068 in the same period. This surge places LetsBonk at eighth on the overall revenue leaderboard, ahead of Pump, which now sits in tenth place.

Source: DefiLlama

But there’s a problem lurking beneath all this fun. Most new meme coins on these viral launchpads die within a few days.

The Meme Coin Problem Nobody Talks About

The meme coin world is messy. Yes, it’s fun and people make quick flips for big profits. But too often, you see the same story. A flashy token launches, takes the market by storm, pumps for a few hours, and then collapses as the team disappears or pulls liquidity.

Platforms like Pump.fun and LetsBonk make launching a coin effortless. That’s great for creativity. In a sense, it democratizes the sector. At the same time, it also opens the door to rug pulls and scams.

For example, in May 2025, a meme coin called Eric Trump Token went viral, skyrocketing over 6,000% within a single day. For a brief period, it hit a market cap of $14M. But the excitement didn’t last long.

On-chain analysts noticed that more than 80% of the token’s supply was held by just ten wallets, raising serious red flags about insider control. Shortly after the peak, those wallets began offloading their tokens, causing the price to collapse by over 98% in a matter of hours.

Source: Solscan, Bubblemaps

This scenario urges traders to become more cautious to avoid falling prey to scams. That also explains why investors are turning to audited projects like Snorter Token and Snorter Bot that combine meme culture with real functionality.

More importantly, once launched, the bot can help you maneuver your way through legit projects and scam tokens by acting as your trading assistant.

Snorter Token: Introduces a Telegram Trading Bot to Give You an Edge

Snorter Token ($SNORT) is building tools for traders who want to move fast. And it’s not just a meme coin. It’s a Telegram-based trading assistant that lets users buy, snipe, copy top wallets, and track their portfolio, all from a unified chat interface.

Here’s what makes Snorter Token stand out:

• Lightning-fast speed on Solana and Ethereum
• In-built rug pull detection
• Low 0.85% fees that are unrivaled on Solana
• Copytrading to give you insights on top wallets in real time

Basically, if it smells sketchy, it’ll warn you. And if it looks like a gem, it’ll point you toward the shine so you can grab it quick.

And the platform offers portfolio tracking from a simple /portfolio command. Last but not least, the trading fees are considerably lower, (from 1.5% to 0.85%) for those who hold $SNORT.

Although wrapped in meme culture, the project has serious firepower. Due to the smart mix of fun and function, the Snorter presale is taking off, with $1.6M crossed in funding and still counting.

The token price is $0.0977 at the moment, with a staking APY of 218% (it will go down as more people stake), so if you’re looking for a cheap entry into memecoin trading, $SNORT is it.

The Memecoin Gates Are Opening, and $SNORT Is the Gatekeeper

The rise of LetsBonk reminds just how powerful the Solana meme coin community can be. But as the dust settles, a bigger question emerges: what actually lasts in a market built on trends?

While LetsBonk proves that meme coins still have the power to move markets, Snorter shows that meme coins with real utility are what could build on this progress.

The $SNORT token is still in presale. For early backers, the prices are low and staking rewards are high. In a space filled with empty tokens and fleeting hype, Snorter Bot stands out with a product that could take off in the next few months.

But this is crypto and meme coins always carry risk. Do your independent research before diving into presale tokens.

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.