A new crypto bull run is underway, with rising euphoria setting the stage for fresh digital assets to deliver outsized returns.
For instance, the new meme coin MemeCore ($M) has surged by more than 1000% over the past week, now becoming the 73rd largest crypto asset on CoinMarketCap.
It reached a peak valuation of $1.4 billion, joining a growing list of successful Layer-1 coins.
MemeCore’s success is further evidence of a strong demand for high-utility meme coins.
Similarly, Snorter (SNORT) has caught the attention of smart money investors as well, raising over $1.5 million in its ongoing presale in a few short weeks.
SNORT is the native token of the Snorter Bot, a new Telegram trading bot for the Solana network that will be released after the conclusion of the presale.
MemeCore Price Surges 1000%, But is it Still a Good Buy?
MemeCore is a Layer-1 blockchain purpose-built for Meme 2.0, a new paradigm in the meme coin sector where projects move beyond pure speculation to become engines of culture and value creation.
MemeCore has even come up with a new consensus mechanism, called the Proof of Meme (PoM), which rewards on-chain participation.
In addition, there are community-centric rewards, which serve as incentives for creators and investors to contribute to the platform as well as with the meme coins launching on it. Moreover, an onchain contribution protocol tracks cultural influence within the MemeCore ecosystem and rewards contributors accordingly.
Given the growing mindshare around meme coins, a Layer-1 blockchain built specifically for meme token activity is well-positioned for significant upside.
The MemeCore price has surged by more than 900% from its listing price of $0.1 and more than 1000% over the past week, reaching an all-time high of $1.01 on Friday.
Following its July 4th lows, it has exploded by more than 2400%, showcasing significant bullish strength.
MemeCore has also been listed on Binance Futures, with a spot listing rumoured to be in the pipeline.
$M currently has a $1.06 billion valuation, which is down nearly 30% from its peak market cap of $1.40 billion. Despite its relatively large size, MemeCore remains an attractive investment, considering the recent success of Layer-1 coins.
However, sidelined investors should be prepared for the possibility of a steep sell-off, considering the token’s 4-hour RSI has reached the overbought territory.
Experts Call Snorter Token The Next 10x Crypto
High-utility meme coins continue to be in high demand, as is evident by MemeCore’s success.
Now, a new meme coin, Snorter (SNORT), is also in the spotlight after quickly raising over $1.5 million in its presale.
As previously mentioned, it is the native token of the Snorter Bot, the fastest Telegram-native crypto trading bot on the market.
Already the fastest Solana sniper bot, it is designed to help retail traders compete with whales during meme coin launches.
It executes sub-second snipes the moment liquidity appears, giving users a shot at outsized gains that are usually captured by insiders. Beyond sniping, it also offers copy trading of top wallets, automated stop-loss and limit orders, scam protection, and Telegram-native portfolio tracking.
All features are accessible directly through the Telegram chat, making it user-friendly and fast. With upcoming support for Ethereum and other chains, and trading fees as low as 0.85% for SNORT holders, the project is gaining momentum.
Many investors now view Snorter as more than a meme coin; it’s a tool built for real market edge.
Analysts are bullish on SNORT’s upside potential, with many calling it the next 10x crypto. Meanwhile, early presale buyers are already earning attractive passive income through the meme coin’s staking rewards.
This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.
