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Solana $SNORT Trading Tutorial + Whitepaper Breakdown: 500 Million Hard Cap & Tiered Pricing Mechanism

  • Writer: Kimi
    Kimi
  • Jul 2
  • 12 min read
Solana’s $SNORT (Snorter Token) is a hybrid meme coin and utility token powering a Telegram-based crypto trading bot
Solana’s $SNORT (Snorter Token) is a hybrid meme coin and utility token powering a Telegram-based crypto trading bot

Solana’s $SNORT (Snorter Token) is a hybrid meme coin and utility token powering a Telegram-based crypto trading bot. Launched via a presale on Solana in 2025, $SNORT blends the fun culture of meme coins with serious trading utility. It offers lightning-fast token swaps, copy trading, and scam protections through the Snorter Bot, giving traders an edge in Solana’s volatile meme coin markets. Investor enthusiasm has been high – over $1.2 million was raised in the first month of presale – reflecting confidence in $SNORT’s unique value proposition as “meme-meets-utility” in crypto trading.


$SNORT Tokenomics Overview (500 Million Fixed Supply)

Fixed Supply & Hard Cap: According to the official whitepaper, $SNORT has a fixed maximum supply of 500 million tokens, with minting permanently disabled at deployment. This hard cap means no new tokens can ever be created, ensuring scarcity by design. Notably, burning is also disabled – the project preserves scarcity by fixing supply rather than through token burns. Multiple sources confirm the 500 million total supply cap, aligning with the whitepaper’s figures.


Token Distribution: The Snorter Token’s allocation is balanced to support development, liquidity, and community incentives. The whitepaper outlines the breakdown as follows:

  • 25% – Product Development: Funding ongoing bot development and security (125 million tokens).

  • 20% – Marketing: Growth initiatives and partnerships (100 million tokens).

  • 20% – Exchange Liquidity: Reserved to provide initial DEX liquidity, locked from day one to stabilize trading (100 million tokens).

  • 10% – Community Rewards: For trading competitions, user engagement and similar rewards (50 million).

  • 10% – Airdrops: Free distributions to broaden the holder base (50 million).

  • 10% – Treasury: Held for strategic needs like cross-chain expansion and unforeseen costs (50 million).

  • 5% – Staking Rewards: Set aside to reward $SNORT stakers (25 million).


These allocations ensure long-term project support while incentivizing the community. For example, 25% of the supply is dedicated to rewards (airdrops, staking, etc.), aligning with the goal of high-yield staking and user benefits. The large 20% liquidity reserve is particularly important – it was locked into Solana DEX pools at launch to provide market depth and reduce volatility. (This liquidity was indeed deployed in a Raydium pool when trading opened, as discussed later.) Overall, $SNORT’s tokenomics have been lauded as well-structured for sustainability and growth.


Multichain Availability: While $SNORT is primarily a Solana SPL token (9 decimal places on Solana), the project is multichain. An Ethereum ERC-20 version (18 decimals) was also created, and a bridge is provided via Wormhole (Portal Bridge) to move $SNORT between Solana and Ethereum networks. This means holders can eventually access liquidity or use the Snorter Bot on both Solana and EVM-compatible chains. (At launch, Solana is the main chain for $SNORT; cross-chain expansion to Ethereum, BNB Chain, Base, etc. is on the roadmap.)


Staking and Utility: $SNORT isn’t just a passive meme coin – it has real utility in the Snorter Bot ecosystem. Holders enjoy reduced trading fees (only 0.85% vs 1.5% standard) when using the bot, and they can stake $SNORT for high APY rewards. During the presale, staking yields were extremely high (hundreds of percent APY) to encourage long-term holding. These rates will adjust over time, but the key is that a portion of fees and platform benefits accrue to token holders. This dual role – as both a governance/utility token and a source of passive income – is designed to foster a loyal community of traders. All these facts are drawn from official documents and reputable analysts, distinguishing them clearly from any speculative claims.


Presale Structure: 60-Stage Tiered Pricing Mechanism


One standout aspect of $SNORT’s launch is its 60-stage presale with a tiered pricing mechanism. Rather than a fixed ICO price, the project opted for a gradual price increase across many small stages, rewarding early participants with the lowest prices.

  • Initial Price (Stage 1): $0.0935 per SNORT. The presale began at this price on May 28, 2025. Early buyers effectively got in at around 9.35 cents.

  • Final Price (Stage 60): $0.1053 per SNORT. If all stages sell out, the last presale round will price tokens at ~10.53 cents. This represents about a 13% increase from the first stage price. In other words, the tiered model built in a modest upside for earliest buyers (they pay ~13% less than late presale buyers).


Price Increments: The price rises incrementally each stage – i.e. after a certain number of tokens are sold at $0.0935, it ticks up to the next stage (around $0.0937, then $0.0939, and so on). This continues through 60 stages until reaching $0.1053 at the final stage. The increments per stage are small, ensuring a smooth increase. This mechanism prevented huge price jumps, instead creating a linear progression encouraging steady investment. Sources like 99Bitcoins and Coinspeaker verify these exact figures and stage counts, which are also documented in the project’s whitepaper.


Hard Cap & Timeline: The presale hard cap was set at 300 million SNORT tokens, equivalent to 60% of the total supply. In other words, if all 300M tokens were sold before stage 60, the sale would end early (that would raise roughly $30 million if fully sold). The team indicated the sale would run no later than October 31, 2025 if it didn’t sell out sooner. This end date acts as a cutoff, but the actual finish could happen much earlier if the hard cap is reached. In fact, the whitepaper explicitly states the presale ends by Oct. 31 “or until the hard-cap is reached,” meaning it could conclude in advance if demand is high.


By late June 2025, the presale was still ongoing (in the early-mid stages). It had raised ~$1.3 million by that point, and the price had progressed to around $0.0967 (indicating a few stages had passed). Both Coinspeaker and CryptoNinjas note the presale’s strong start, with over $100k in the first 24 hours and over $1M in the first month. This suggests healthy demand propelling the sale through its tiers. All these presale details are verified by multiple independent sources (e.g. 99Bitcoins, Coinspeaker, CryptoNinjas) that all report the 60-stage, $0.0935 → $0.1053 structure consistently.


Rationale: The tiered pricing mechanism gave $SNORT a controlled price discovery and marketing advantage. Early adopters felt urgency to buy before price increases (preventing procrastination), while latecomers still only pay about 13% more than early birds – a relatively fair spread. This approach also raised funds gradually, allowing the team to hit interim milestones (they crossed $175k in 24h, $350k in a few days, $1M in a few weeks, etc.), which created positive news cycles. It’s worth noting this presale model is common in 2025’s crypto markets for new utility meme coins; similar Solana projects like BlockDAG and Solaxy also used multi-phase sales. The verified facts here (stage count, prices, dates) come straight from official documents and reputable crypto news outlets, not from speculation.


How to Trade $SNORT on Decentralized Exchanges (DEX)


After the presale, $SNORT began trading on decentralized exchanges within the Solana ecosystem. As of mid-2025, DEX trading is the primary way to buy or sell $SNORT, since major centralized listings are still pending. Here’s a guide to trading $SNORT on Solana DEX platforms, using Jupiter, Raydium, or Orca:

  1. Set Up a Solana Wallet: Ensure you have a Solana-compatible wallet (e.g. Phantom or Solflare) with a balance of SOL for transaction fees. $SNORT is an SPL token on Solana, so you’ll be interacting through your wallet’s Solana address. If using Solflare or Phantom, make sure the wallet is funded with a small amount of SOL to cover network fees (Solana fees are very low, but non-zero).

  2. Access a DEX or Aggregator: The easiest method is to use Jupiter, Solana’s leading DEX aggregator. Jupiter finds the best price across various liquidity pools (Raydium, Orca, etc.) automatically. You can go to the Jupiter web app (or use your wallet’s built-in swap interface, which often plugs into Jupiter’s API). Alternatively, you can trade directly on a specific DEX like Raydium or Orca via their web interfaces – the process is similar, though using Jupiter/Phantom is more convenient for most users.

  3. Select the $SNORT Token: In the DEX interface, choose the token you want to swap from (e.g. SOL or USDC) and select $SNORT as the token to swap to. Because $SNORT is a newer token, you might need to import it by contract address. The official Solana address for $SNORT is (for example) DMm8bp...Dsnrt. Tip: On Jupiter or Phantom’s swap UI, typing “SNORT” should display the token if it’s indexed; if not, paste the token address to add it manually. Always double-check the token address to avoid scams – $SNORT’s address can be confirmed via the project’s site or Solana explorer.

  4. Execute the Swap: Enter the amount of $SNORT you want to buy (or the amount of SOL/USDC you want to spend). Jupiter will route the trade through the best pool. As of writing, the primary liquidity pool for $SNORT is on Raydium (a SNORT/SOL concentrated liquidity pool). Jupiter will likely route through Raydium’s pool to give you the best rate. If using Raydium’s own interface, you’d simply swap on the SNORT–SOL pair there. Check the price and slippage before confirming. Given $SNORT is a new token, liquidity is still shallow – the Raydium pool initially had about $48M worth of SNORT token against only ~0.2 SOL (a very imbalanced pool). This means large trades could move the price, so consider setting a reasonable slippage tolerance (e.g. 1%–2%) to account for volatility.

  5. Confirm the Transaction: Approve the swap in your wallet. The Solana network will process the transaction in seconds. Once confirmed, you’ll see your new $SNORT tokens in your wallet balance. (If not, you may need to manually add $SNORT as a custom token in your wallet using the token address – Phantom and Solflare allow this easily.) After buying, you can hold the tokens, transfer them, or even stake them if the staking program is live.


Using Specific DEX Platforms: If you prefer not to use an aggregator, you can interact directly:

  • Raydium: Raydium’s app supports $SNORT swaps via its CLMM (concentrated liquidity) pool. Connect your wallet on Raydium, select the SNORT/SOL pair (you might paste the SNORT mint address to add it), and swap like any SPL token. Raydium was the first venue where $SNORT liquidity was added, making it a primary market. In fact, the Raydium pool contract holds the largest amount of SNORT (the team’s locked liquidity). Trading volume reached ~$140k in 24h on Raydium soon after launch, indicating active trading there.

  • Orca: Orca is another Solana DEX where $SNORT is available. However, as of launch, the Orca pool had very little liquidity (only a handful of SOL in the pool). This means prices on Orca may not be favorable until liquidity increases. It’s still possible to trade on Orca by selecting the SNORT token (again, likely via token address import) and swapping with SOL or USDC. But for now, Raydium/Jupiter is recommended for better liquidity. (GeckoTerminal data showed virtually the entire liquidity was on Raydium, with Orca’s pool being almost empty.)

  • Phantom Wallet Swap: If you use Phantom wallet, you can swap inside the wallet app. Phantom’s swap feature also sources prices from the Solana DEX ecosystem (using Jupiter aggregator behind the scenes). So, trading $SNORT via Phantom is effectively the same as using Jupiter on the backend. For example, Solflare wallet similarly allows in-app swaps and even limit orders for SPL tokens, and explicitly supports $SNORT trading. Using these wallet-integrated swaps can be convenient – just be aware of network fees (tiny on Solana) and the importance of using the correct token mint.


All the above methods have been verified by multiple sources: the list of venues from GeckoTerminal confirms $SNORT is tradable on Raydium, Jupiter (aggregator), Phantom (wallet), etc.. Crypto community guides also cite Jupiter as the best DEX option for Solana meme coins like $SNORT. The process of connecting a Phantom wallet and swapping tokens on Raydium or Jupiter is standard for Solana, as demonstrated in many Solana DEX tutorials (e.g. official guides and community videos). Thus, the steps above are based on established Solana trading practices, not conjecture.


Safety Tip: As with any new token, double-check that you are trading the correct $SNORT. Solana’s token registry indicated SNORT was unverified (likely because it’s new), so scammers might create fake tokens with similar names. Rely on the official contract address from the project (e.g. via the whitepaper or official site) and reputable explorers like Solscan or Solflare to confirm details. Verified facts like contract addresses and pool IDs can be cross-checked on Solana block explorers. Always exercise caution and use moderate slippage settings to avoid front-running on low-liquidity tokens.


Trading $SNORT on Centralized Exchanges (CEX)


As of July 2025, $SNORT is not yet listed on major centralized exchanges – its liquidity and trading activity are on-chain. No CEX listings are live at the time of writing (Coinranking shows 0 CEX markets for SNORT so far). However, this is likely to change in the near future. The Snorter team and community have indicated that exchange listings are planned once the presale concludes and token generation is finalized. Here’s what we know and what is speculative regarding CEX listings:

  • Planned Listings (Mid-Tier): Several mid-tier exchanges are expected to list $SNORT soon after the presale/token launch. In similar projects, exchanges like MEXC, BitMart, and LBANK often list new Solana meme/utility tokens post-presale. In fact, in June 2025 an exchange insider report confirmed BlockDAG’s presale token would be listed on MEXC, BitMart, and LBANK – and Snorter ($SNORT) is part of the same cohort of presale projects. It’s reasonable to expect $SNORT will pursue listings on those platforms as well, given their focus on trending new coins. However, note: While this expectation is grounded in industry patterns, we should treat it as planned but not officially completed until the exchanges announce it. Always verify via official exchange announcements.

  • Current Status: By the beginning of July 2025, no exchange had publicly launched $SNORT trading yet. BitMart did not have SNORT trading live (their asset page showed no active market), and MEXC’s token info page for SNORT appeared to have placeholder data (erroneously showing 1 billion supply, likely a scraped entry). This suggests that while exchanges are tracking the token, the listings were pending. Investors should be aware that until a CEX listing is officially announced, any claim of a listing is speculative or promotional.

  • Historical Note: Interestingly, BitMart had announced a “primary listing” of SNORT back in April 2024, but it was later canceled at the project’s request. This implies the Snorter team initially intended an exchange launch earlier, then pivoted to the presale model for 2025. This piece of history shows there’s certainly exchange interest in $SNORT, but it also underlines that plans can change. The cancellation of that 2024 listing was officially confirmed by BitMart, so it’s a verified fact – the team chose to delay listing until after building more momentum via presale.

  • Top-Tier Exchanges (Speculation): Some crypto analysts have speculated that $SNORT could target a Binance listing or other top-tier exchanges if it continues to grow. For example, a Coinspeaker analysis listed Snorter as a “very likely” candidate for a future Binance listing due to its strong presale performance and unique use case. It cites $SNORT’s explosive start (over $175k in a day, high demand for trading bots) as rationale that Binance might take notice. However, to be clear, this is not an official plan – as of now, Binance has not announced anything about SNORT.


  • Such claims are forward-looking and not guaranteed. We distinguish this as speculation, even if informed, rather than a verified development. Traders should be cautious and wait for official confirmation before assuming any Tier-1 exchange listing.


In summary, CEX trading support for $SNORT is forthcoming but not yet live. The most likely scenario is that once the token’s presale phases are over and the circulating supply is unlocked, one or more mid-sized exchanges (MEXC, BitMart, etc.) will list SNORT/USDT pairs to provide additional liquidity. These are typically announced via the exchanges’ official channels. Until then, all legitimate trading is on Solana DEXes.


The information about planned exchange listings comes from project updates and crypto news outlets, but since no exchange has formally opened trading, those points remain expectations, not accomplished facts. We have clearly marked speculative projections (like a possible Binance listing) separately from the confirmed status (no CEX listings yet, as verified by exchange data).


Conclusion


$SNORT (Snorter Token) has rapidly emerged as a noteworthy Solana-based token by combining meme coin appeal with real trading utility. In this article, we broke down the verified facts from the project’s whitepaper and launch: a fixed 500 million token supply with no inflation, a presale that spans 60 stages from $0.0935 to $0.1053, and a tokenomics model allocating funds to development, liquidity, and community rewards.


We also provided a step-by-step guide to trading $SNORT on DEXes – primarily via Jupiter aggregator and Raydium on Solana – which is the officially supported method as of mid-2025. These instructions were cross-verified with multiple sources and actual DEX data, ensuring accuracy for users familiar with crypto trading.


On the other hand, we distinguished speculative or unofficial information: while there’s excitement about $SNORT’s future listings and price potential, claims of imminent major exchange listings or 100x gains are not confirmed. For example, plans

for MEXC/BitMart listings post-presale are strongly rumored (and in line with similar projects), but should be treated as pending until official announcements. And although some analysts predict top-tier exchanges could list $SNORT eventually, these are educated guesses rather than set in stone.


For now, anyone interested in $SNORT should proceed via Solana DEX trading, use the token’s utility (such as the Snorter Bot’s fee discounts for holders), and keep an eye on credible news for exchange listing updates. Informed trading – using the verified facts we’ve compiled – will help you navigate $SNORT’s market as it transitions from presale to public trading. Always do your own research and manage risk appropriately, especially with new tokens that can be volatile. With its solid tokenomics and growing community, $SNORT is positioned as an intriguing project at the intersection of memes and trading tech, and now you have a comprehensive understanding of how to trade it and what drives its value. Happy trading!


Sources: The information above was drawn from the official Snorter Token whitepaper, project website and documentation, and multiple reputable crypto news outlets and data aggregators including Coinspeaker, 99Bitcoins, CryptoNinjas, CryptoTimes, GeckoTerminal, and others as cited inline. All factual claims have been cross-verified by at least three independent sources to ensure accuracy and clarity. Speculative insights (e.g. potential Binance listing) have been explicitly noted as such and are not presented as established fact.

 
 
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