Snorter Bot Token (SNORT) Faces Critical Window Amid Supply Shock
Snorter Bot Token's market dynamics are undergoing a radical transformation following a 50% token burn. The project incinerated 250 million SNORT tokens on October 24, effectively halving its total supply to 250 million. This supply shock coincides with accelerating platform development, including imminent deployment of its trading bot.
With just five hours remaining before price adjustments, SNORT trades at $0.1083 while exhibiting multiple bullish indicators. Over 25 million tokens are currently locked in staking contracts, further constricting circulating supply. The combination of artificial scarcity and growing utility creates a potent value proposition for early adopters.
Market participants face a decisive moment as the project transitions from fundraising to exchange listings. The token's fully diluted valuation metric has fundamentally reset post-burn, potentially altering its trajectory across secondary markets.
