Snorter Bot vs Banana Gun: The Next Meme Coin Powerhouse in a $154B Market

The meme coin market has evolved from a niche corner of crypto into a $40 billion juggernaut, driven by Telegram trading bots and AI-powered speculation. Two projects-Banana Gun (BANANA) and Snorter Bot (SNORT)-have emerged as titans in this space, but their trajectories tell diverging stories of innovation, investor sentiment, and technological edge.

The Banana Gun Legacy: A 230x Return and Fading Momentum

Banana Gun, launched in September 2023, became a meme coin legend. Starting with a $1.2 million private raise, it surged to a $276 million market cap by July 2024, delivering a 230x return for early investors, according to a Coinspeaker report. By October 2025, its market cap had stabilized at $56 million, with a token price of $14.81-a 46.7x return, as reported by Coinspeaker. Its success hinged on Ethereum-based sniping bots with an 88% win rate and a robust Telegram community. However, cracks are forming. Daily trading volume dropped to $61 million in May 2025 from a peak of $2.69 billion in March 2024, according to a Cision article, which attributed the decline to its limited Solana support-a critical chain for modern meme coin activity.

Snorter Bot's Solana Surge: A 3.8x Fundraising Edge

Snorter Bot, a Solana-native bot launched in May 2025, has already raised $5 million in its presale-3.8x Banana Gun's initial raise, according to Coinspeaker. Priced at $0.1077 during its presale, SNORT offers 0.85% trading fees (vs. Banana Gun's 1%) and multichain support across Solana, Ethereum, and BNB Chain, per a 99Bitcoins report. Analysts project a 100x return post-launch, citing its AI-driven honeypot detection, MEV resistance, and real-time liquidity scanning in a JU blog analysis. By December 2025, SNORT's price could recover to $0.0004006 after a November dip to $0.00005576, reflecting its volatile but high-growth profile.

Investor Sentiment: Speed, Utility, and the Solana Effect

Telegram trading bots now dominate 13% of decentralized trading volume, with Snorter and Banana Gun leading the charge, according to a MemeStreet Journal analysis. Investor sentiment favors Snorter for its Solana-based execution, which reduces gas costs and enables sub-second trades-a stark contrast to Ethereum's congestion noted in an OfficialBitbot deep dive. Binance's BANANA/USDT pair sees $1.18 million in 24-hour volume, but Snorter's presale has attracted 12,752 active wallets in a single week, including 5,155 new participants, according to the JU analysis.

Tokenomics also tilt the scales. SNORT holders earn staking rewards up to 265% APY and governance rights, while Banana Gun's tokenomics lack comparable incentives, per Coinspeaker. Analysts at InsideBitcoins and Borch Crypto speculate SNORT could hit $1.21 in 2025, driven by its multichain roadmap and institutional-grade features like copy trading.

Market Trends: Meme Coins as a $154B Super Cycle

The broader crypto trading bot market is projected to hit $154 billion by 2033, growing at 14% CAGR, a trend discussed in the 99Bitcoins report. Meme coins are no longer pure speculation-they're merging with DeFi, AI, and gaming. Projects like Dawgz AI ($DAGZ) and Arctic Pablo Coin are leveraging AI arbitrage and travel-themed tokenomics to attract new users, as noted by MemeStreet Journal. Yet risks persist: 90% of new meme coins fail within a year due to rug pulls or liquidity crises, a caution highlighted in the OfficialBitbot deep dive.

The Verdict: Can Snorter Overtake Banana Gun?

Banana Gun's legacy is secure, but its Ethereum-centric model is losing ground to Solana-native competitors. Snorter's multichain agility, lower fees, and AI-driven security position it to capture market share. However, its presale price volatility (ranging from $0.0001281 to $0.0001521 in October 2025) underscores the risks of speculative trading, as reported by Cision.

For investors, the key is diversification. Banana Gun offers proven utility but diminishing returns, while Snorter represents high-risk, high-reward potential. As the meme coin super cycle accelerates, the winner may depend on which blockchain-Ethereum's established ecosystem or Solana's speed-can adapt to the next wave of AI-driven trading.