Dubai, UAE, 1st July 2024, <\/b>ZEX PR WIRE<\/b><\/a>,<\/b> The cryptocurrency market is constantly evolving, with new projects and tokens emerging to capture the interest of investors and enthusiasts. One such project that has recently gained attention is the $SNORT meme-coin, built on the Base Chain. Despite the market pullback, $SNORT has demonstrated resilience and growth, making it a standout in the meme-coin sector. Here\u2019s a detailed look into $SNORT\u2019s journey, its unique features, and what sets it apart in the crypto space.<\/span><\/p>\n $SNORT\u2019s Market Performance<\/b><\/p>\n $SNORT launched just two months ago and has already shown promising signs. Initially setting a floor around a 4 million market cap, $SNORT has managed to maintain this level despite the overall market downturn. As of the latest updates, $SNORT has a market cap of approximately 4.3 million, with liquidity over $740k and a growing holder count now surpassing 5,000. This growth is notable, considering the token had 3,600 holders just eight days ago.<\/span><\/p>\n The consistent market cap and increasing holder base indicate a strong community and investor confidence in $SNORT. The project has also managed to recover quickly from minor dips, demonstrating its stability and potential for future growth.<\/span><\/p>\n Token Burn and Supply Management<\/b><\/p>\n In a strategic move to increase scarcity and value, $SNORT has burned 10% of its overall token supply. This burn mechanism is designed to reduce the circulating supply, potentially increasing the value of the remaining tokens. Token burns are a common practice in the cryptocurrency space to incentivize holding and stabilize the market.<\/span><\/p>\n Introducing Snort Plug Bot<\/b><\/p>\n One of the most exciting developments for $SNORT is the introduction of the Snort Plug Bot. This innovative utility rewards users for their engagement and activity on social media, particularly Twitter. Here\u2019s how it works:<\/span><\/p>\n The Snort Plug Bot not only incentivizes community engagement but also promotes $SNORT across social media platforms, potentially attracting new investors and holders.<\/span><\/p>\n Upcoming Collaborations and Releases<\/b><\/p>\n Collaboration with YouTube Superstar<\/b><\/p>\n In an exciting development, $SNORT has announced a collaboration with a YouTube superstar set to begin in July. This partnership is expected to bring significant exposure to $SNORT, leveraging the influencer\u2019s massive following to boost awareness and attract new investors. The collaboration is anticipated to include various promotional activities, high-quality funny content, and interactive events to engage the audience.<\/span><\/p>\n Release of \u201cSnort on the Run\u201d Crypto Game<\/b><\/p>\n Adding to its growing ecosystem, $SNORT is set to release a new crypto game titled \u201cSnort on the Run.\u201d This game promises to offer an entertaining and engaging experience for players, integrating $SNORT tokens into the gameplay. Players will be able to earn and use $SNORT tokens within the game, creating a fun and immersive way to interact with the cryptocurrency. The release of \u201cSnort on the Run\u201d is expected to further enhance the utility and appeal of $SNORT.<\/span><\/p>\n Exciting Giveaways for $SNORT Buyers<\/b><\/p>\n To further incentivize community participation and celebrate milestones, $SNORT has announced several exciting giveaways tied to market cap achievements. These giveaways will be available exclusively to buyers of $SNORT tokens:<\/span><\/p>\n These giveaways are designed to reward loyal holders and attract new investors, creating additional buzz and excitement around the project.<\/span><\/p>\n Utility and Ecosystem<\/b><\/p>\n Beyond social media engagement and gaming, $SNORT is looking to expand its utility within the Base Chain ecosystem. The Snort Plug Bot will be available for white-label use by other projects on the Base Chain, for a small fee. This move could generate additional revenue for $SNORT and enhance its presence within the ecosystem.<\/span><\/p>\n Market Potential and Future Prospects<\/b><\/p>\n With its unique features, strategic collaborations, and strong community support, $SNORT is well-positioned for future success. The project has already been listed on major centralized exchanges such as MEXC, BitMart, and HitBit, in addition to being available on decentralized exchanges like Uniswap.<\/span><\/p>\n Moreover, $SNORT\u2019s participation in Onchain Summer\u2014a significant event for the Base Chain\u2014could further boost its visibility and adoption. Onchain Summer is expected to attract around 70 million new users, providing a substantial opportunity for $SNORT to gain traction.<\/span><\/p>\n To enhance its appeal, $SNORT has also launched a free NFT mint and announced a $5,000 grant to support the development of decentralized applications (dApps) on its platform. These initiatives are aimed at fostering innovation and expanding the utility of $SNORT, making it more attractive to both developers and users.<\/span><\/p>\n Conclusion<\/b><\/p>\n $SNORT is emerging as a strong contender in the meme-coin space, thanks to its innovative approach, community engagement strategies, and solid market performance. As the Base Chain ecosystem continues to grow, $SNORT\u2019s potential for significant gains becomes more apparent. Investors and crypto enthusiasts should keep an eye on this project as it continues to develop and expand its reach.<\/span><\/p>\n Whether you\u2019re already a holder of $SNORT or considering adding it to your portfolio, the project\u2019s unique features and growth trajectory make it a promising investment in the evolving world of meme-coins.<\/span><\/p>\n Additional Information<\/b><\/p>\n BaseChain Network Information<\/b><\/p>\n \nThe Post The Rise of $SNORT: A Meme-Coin to Watch on Base Chain\t<\/a> first appeared on ZEX PR Wire<\/a> <\/p>\n<\/div>\n Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact contact@binarynewsnetwork.com<\/p>\n","protected":false},"excerpt":{"rendered":" Dubai, UAE, 1st July 2024, ZEX PR WIRE, The cryptocurrency market is constantly evolving, with new projects and tokens emerging to capture the interest of investors and enthusiasts. One such project that has recently gained attention is the $SNORT meme-coin, built on the Base Chain. Despite the market pullback, $SNORT has demonstrated resilience and growth, […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-9889","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-news"},"_links":{"self":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/posts\/9889"}],"collection":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/comments?post=9889"}],"version-history":[{"count":0,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/posts\/9889\/revisions"}],"wp:attachment":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/media?parent=9889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/categories?post=9889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/tags?post=9889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/zexprwire.com\/wp-content\/uploads\/2024\/07\/snort.png\")
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