Solana Meme Ecosystem Surges: $PUMP Up 77%, Snorter Gains Attention
Pump.fun and $PUMP Token Surge
- Pump.fun, a launchpad on Solana, sees its $PUMP token increase by 77% over the past week.
- A buyback program initiated in July reinvests profits into $PUMP, boosting its price.
- Despite fluctuations, recent marketing efforts have pushed $PUMP to a peak of $0.0087.
- Community support strengthens as Pump.fun rewards meme coin creators through transactions.
Solana Meme Coins Performance
- The success of $PUMP impacts other Solana-based meme coins, contributing to bullish sentiment.
- Top 24-hour gainers include $FREYA (+97%), $SCAM (+50%), and $QSTAY (+48%).
- Trading volume for these tokens has increased by 8.57%.
- Solana upgrades like ‘Alpenglow’ enhance network efficiency and scalability.
Snorter Token Presale Insights
- Snorter Token ($SNORT) is in presale, nearing $4M in funds raised.
- $SNORT offers governance utility, reduced trading fees, and advanced bot features.
- Staking $SNORT yields a 118% APY reward.
- Current presale price is $0.1047, with future increases planned.
- Projections suggest potential growth, with a target price of $1.02 by end of 2025.
