New Presale Token Gains Traction While Ripple Addresses XRP Ledger Manipulation Concerns
New Presale Token Gains Traction While Ripple Addresses XRP Ledger Manipulation Concerns
The Snorter Token ($SNORT) presale has successfully concluded, raising over $5.2 million. Positioned as a tool for Telegram traders, $SNORT offers competitive bot fees and advanced features for meme coin trading, including automated orders and MEV protection, aiming to level the playing field.
Meanwhile, Ripple's CTO, David Schwartz, has responded to concerns about potential manipulation of the XRP Ledger (XRPL). Schwartz clarified questions regarding Ripple's influence over Unique Node Lists (UNLs), reassuring the community about the ledger's integrity and decentralization amidst user inquiries.
Snorter Token Presale Closes Strong
The Snorter Token ($SNORT) presale has officially ended today, successfully raising over $5.2 million. This new token aims to empower Telegram traders by providing access to some of the lowest bot fees and a comprehensive suite of trading features. The Snorter Bot specifically offers advanced meme coin trading tools, such as automated orders and MEV protection, designed to help users compete effectively against larger market participants, often referred to as 'whales'.
Ripple CTO Addresses XRP Ledger Manipulation Rumors
Ripple Chief Technology Officer (CTO) David Schwartz has stepped forward to clarify and dispel concerns surrounding potential manipulation by Ripple concerning the Unique Node Lists (UNLs) on the XRP Ledger (XRPL). These concerns arose after a user highlighted that the crypto firm controlled a significant portion of UNLs, leading to questions about users' options to modify them. Schwartz's clarification seeks to reassure the community and maintain trust in the XRP Ledger's integrity and decentralized governance model.