Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
The Pump.fun token’s (PUMP) ICO was among the largest in history, raising about $500 million in less than 12 minutes after launch. It launched with a fully diluted valuation of over $4 billion, and an ICO price of $0.004 per token.
Even though the PUMP token jumped to roughly $0.0068 soon after its listing, whales were quick to cash out, provoking a nearly 67% decline in the token’s value. The token has finally started showing signs of a healthy recovery over the past few weeks and is now approaching the ICO price level.
But continued sell-offs by large holders have capped bullish momentum. While PUMP is still constrained by whale dominance, opportunistic traders are already looking for new cryptocurrencies with higher potential.
One standout project on their lists is Snorter Token (SNORT), the native token of a Solana-based trading bot that will power lightning-fast trades and snipes through a Telegram interface. Early investor interest has already helped the token raise more than $3 million in its recently launched presale, with some predicting that it could become one of the biggest crypto launches of 2025.
Pump.fun Buybacks and Whale Exits Shape PUMP’s Next Big Move
Meme coin enthusiasts are closely watching PUMP’s next swing, as many see it as an important factor in determining if Solana’s meme coin frenzy is still going strong.
After sliding from roughly $0.007 to an all-time low of $0.0022 on July 29, the PUMP token took a bullish stance and has been climbing within a rising wedge ever since. We’re witnessing a series of higher lows and slightly shallower higher highs, indicating that buyers are still in control, but are losing a bit of momentum with each push.
The on-chain story behind that rebound is just as revealing. Pump.fun has reclaimed its position as Solana’s top meme coin launchpad, hosting more than 65% of 27,500 daily launches.
This increased platform activity directly correlates with the demand for PUMP tokens, as creators and traders use the token to cover fees and participate in incentives. What’s worth noting is that even with platform metrics flashing green, some heavyweight traders are already heading for the exits.
On-chain analytics firm Lookonchain notes that the whale trader ParallelAiRev has recently cashed out every one of his long bets on the PUMP token, locking in gains while the price sat near its recent peak.
Whale investor @ParallelAiRev just closed all his $PUMP longs, taking profits at highs.
Over the past month, he has made a total profit of over $1.5M, becoming the most profitable $PUMP trader on Hyperliquid’s 30-day leaderboard.https://t.co/qpdFcdbuUr pic.twitter.com/lh8O3lpfGS
— Lookonchain (@lookonchain) August 11, 2025
Lookonchain mentions that the trader accumulated more than $1.5 million in profit over the last 30 days, placing him at the top of Hyperliquid’s 30-day PUMP-trading leaderboard.
From a fundamental point of view, Pump.fun has spent about 118,000 SOL (roughly $19 million) buying back almost three billion PUMP tokens at $0.0064 each. By scooping up such a huge chunk of supply, the team has temporarily reduced the number of coins in circulation.
In theory, buybacks make each remaining token scarcer. But PUMP is still down 53% over the past month, suggesting that organic demand remains relatively low.
Given the headwinds PUMP is facing, many traders are scouting new presales for higher upside, and Snorter Token is quickly moving to the top of that list.
Snorter Bot Brings Pro-Level Solana Trading Tools to Everyday Users
Snorter Bot is an automated Web3 trading solution on Telegram that will use Solana tech for higher speed and efficiency. Its goal is to help everyday users spot and act on emerging token opportunities, helping them find the next 100x gem before it goes mainstream.
To accomplish this, Snorter Bot comes equipped with advanced features that were previously reserved for professional trading tools. For instance, Snorter Bot will monitor new token launches on Solana and execute trades within milliseconds using an upgraded Solana Virtual Machine (SVM).
More importantly, the bot will also feature scam detection and honeypot filters to automatically flag suspicious contracts or potential rug pulls before any new token purchases are made.
SNORT is the utility token that will fuel the Snorter Bot platform, and holding it will unlock several benefits to users. For example, the tokens will unlock reduced trading fees as low as 0.85% per trade (versus 1.5% for non-holders) and provide access to premium bot features, including unlimited snipes.
Looking at SNORT’s potential, popular market commentator ClayBro is bullish on the token’s future. In his latest video, he shows us how Google’s Gemini predicts SNORT could jump toward $1 by year-end and push past $2 during the next bull run peak in 2025–26.
Interested buyers can visit Snorter Token’s official website to buy SNORT for a discounted presale price. They can also immediately stake SNORT for a high passive yield of up to 146% annually.
Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
/div>