Takeaways:
The crypto market suffered its largest liquidation event ever on October 10 as approximately $19B was wiped out over the course of a day. Approximately 1.6M traders liquidated their positions.
As a result, Bitcoin fell around 11% on Friday, dropping to lows just below $105K, while Ethereum, Solana, and XRP all crashed between 15-30%.
While a retraction from Bitcoin’s recent ATH could have played a role, analysts are pointing to Trump’s announcement of 100% tariffs on imports from China as the driving catalyst for sell-offs.
Yet, even in the face of this extreme selling pressure, the price of $BTC is recovering fast and has already hit $115K again.
While the crypto market recovers, traders still out to buy the dip are checking out these top crypto presales: Snorter Bot ($SNORT), Bitcoin Hyper ($HYPER), and Remittix ($RTX).
Snorter Token ($SNORT) is the official token of Snorter Bot, a Telegram-based trading bot. It alerts you to new high-performance coins in the cryptocurrency market and helps you snatch them up as soon as they’re relerased on CEX and DEX.
Even when the crypto market retracts, meme coin developers can capitalize on the publicity to launch new coins, while degen traders know the best time to get in is when there’s blood on the streets. However, it’s a dangerous game, and you have to be quick-witted and wary of scam coins – that’s where Snorter Bot comes in.
It’s like having a high-frequency trading desk in your pocket – built for meme coin chaos.
Snorter is about to be released, and when it does, it’ll come with support for the Solana network. Down the line it’ll also support the Ethereum blockchain, as well as BNB, Polygon, and Base.
$SNORT unlocks all of Snorter’s extra features. Holding this utility token unlocks the daily cap on trades you can make through Snorter. It also reduces the cost of trading through Snorter to 0.85% per trade, significantly lower than the industry average of 1%.
However, if you want to get in on the $SNORT action while it’s still cheap, you’ll have to act now. The presale for $SNORT is ending in the next seven days, having already raised over $4.6M in token sales, but if you buy for just $0.1077, you’ll also be able to grab up to 109% in annual staking rewards.
Stock up on Snorter Token today before the bot goes live.
Bitcoin Hyper ($HYPER) gives the Bitcoin network the upgrade it needs to get up to speed with other Web3-capable blockchains.
The Bitcoin Hyper project is looking to alleviate some of the pressure on the network by using a Layer-2 solution built on a Solana Virtual Machine (SVM) with zK rollups. The SVM is capable of handling thousands of transactions per second, making it faster and cheaper to trade $BTC.
Bringing Solana to Bitcoin also adds smart contract support to the network. You’ll be able to hold your $BTC for long-term appreciation while also using it to trade NFTs, swap crypto, and fund DeFi Apps.
Bitcoin Hyper runs off of $HYPER, the utility token of the Bitcoin Hyper network. There are plenty of different ways that the network uses $HYPER, including:
The $HYPER token is expected to be in high demand once the Layer 2 goes live, which will push up its price. Therefore, buying $HYPER at a low price in the presale is an excellent opportunity to lock in potential profits.
The presale has already raised nearly $23.4M so far and is currently still available for just $0.013105.
Get ready for the future of Bitcoin – buy $HYPER today.
Remittix ($RTX) is tackling one of crypto’s biggest pain points: the difficulty of paying non-crypto users.
That’s because Remittix is a crypto-to-fiat payment network you can use to send crypto directly to traditional bank accounts.
Paying someone in Remittix means you won’t have to pay the cross-border transaction fees charged by traditional remittance services, making it cheaper and easier to use crypto like fiat. Plus, it’s faster because you cut out the process of off-ramping your crypto first.
Remittix is also useful for vendors. Its Pay API lets you set up a crypto payment interface directly into your website where you receive cash payouts when they buy with crypto, integrating the Web3 experience directly into online storefronts.
Following a highly successful presale, the $RTX presale is nearing its conclusion. 98% of the presale token stock has been sold, raising $27.3M with the price now at $0.1130.
After the presale stock runs out, you’ll have to buy $RTX at market price instead of the presale price.
Purchase $RTX before the presale supply is gone.
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