Takeaways:
- The crypto market posted its worst day ever on October 10, with an 11% drop in $BTC alone.
- 1.6M traders liquidated their leveraged crypto positions after Trump’s China tariffs.
- Even so, long-term factors for crypto growth remain in play.
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.
The underlying factors supporting long-term crypto gains are still intact. Blockchain adoption continues to grow, and JP Morgan expects Bitcoin to reach around $165K by the end of 2025, so it’s not all bad news.While the crypto market recovers, traders still out to buy the dip are checking out these top crypto presales: Snorter Bot ($SNORT), Bitcoin Hyper ($HYPER), and Remittix ($RTX).
1. Snorter ($SNORT) – Snipe Hot New Meme Coins with this Hungry Little Telegram Bot
Snorter Token ($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.
Snorter scans DeXs for new meme coins and allows you to snipe them before other bots and whales juice all the liquidity. Each one is also scanned with rugpull indicators using a honeypot detection engine.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%.
In addition to more potential profits, $SNORT also unlocks the copy trading feature on Snorter. Pick a wallet to monitor, and Snorter will automatically mirror its trades using a high-speed RPC node that protects against MEV attacks.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 $0.1077, you’ll also be able to grab up to 109% in annual staking rewards.
Stock up on Snorter Token today before the bot goes live.
2. Bitcoin Hyper ($HYPER) – Hypercharging the Bitcoin Network with a Solana-Based Layer-2
Bitcoin Hyper ($HYPER) gives the Bitcoin network the upgrade it needs to get up to speed with other Web3-capable blockchains.
As traders buy the dip, the Bitcoin network will be taking on even more users. That’s great for the $BTC price, but it puts more strain on a blockchain that already suffers from scalability issues.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:
- Determining your voting power on new proposals in the Bitcoin Hyper DAO
- Reducing the fees you pay when you trade crypto or run a smart contract
- Providing access to exclusive features on some smart contracts and dApps
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 $HYPER today.
3. Remittix ($RTX) – Seamless Cross-Border Transfers with Crypto
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.
When you pay someone using the Remittix network, they can accept either a crypto swap or a cash payment in one of 30 different fiat currencies. From their perspective, it looks just like any other bank transfer – no crypto knowledge required.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 $RTX before the presale supply is gone.
Recap: As the crypto market rebounds, dip-hungry traders are eyeing top presales like Snorter Bot ($SNORT), Bitcoin Hyper ($HYPER), and Remittix ($RTX).
