US EditionA Beginner’s Guide to Token Sniping and Why It’s Risky
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A Beginner’s Guide to Token Sniping and Why It’s Risky
Token sniping refers to using automated bots to buy freshly launched crypto tokens in the very first moments of trading. The idea is simple: catch a new coin at rock-bottom price and flip it as soon as it spikes. In practice, however, sniping involves high-speed trading bots and complex mechanics. For example, a DeFi sniper bot is “a specialized program used to execute trades on decentralized exchanges quickly,” designed to seize fleeting opport…
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