Snorter Bot Raises $4.2M in Token Presale, Predicts October Market Correction
Snorter, a Telegram bot designed to help retail traders discover memecoins early, has raised over $4.2 million during its token presale. The token, currently priced at $0.1067, grants access to the bot's features and reduces fees. Meanwhile, financial advisor Yevgeny Marshenko predicts a potential market correction in October in the world market.
Snorter operates by analyzing transactions before they become public, scanning Solana and Ethereum queues, and applying a filter system for new tokens. This speed allows users to instantly enter new assets or secure profits directly in the Telegram interface. The bot's founder remains unnamed, as search results did not provide their name.
Marschenko suggests that the market could correct in the first half of October, aiming to liquidate retail traders and overly optimistic participants. He predicts Bitcoin could drop to $106,000 and Ethereum to $3,800 during this correction. However, he also expects the market to rally later in the month and end strongly. Historically, the fourth quarter has seen strong market movements, which Marshenko expects to continue in 2025.
Snorter's token presale has been successful, raising over $4.2 million. The token offers access to the bot's functions and reduced fees, making it an attractive tool for retail traders. Despite Marshenko's prediction of a potential market correction in October in the stock market today, the bot's speed and early discovery capabilities could provide opportunities for users to navigate market fluctuations effectively.
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