Binance Square
Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
LIVE
TopCryptoNews
--・6.4k views
⭐️ How meme coin sniping works Friends, hello everyone. I see your strong interest in meme coins, so let's understand more about the field of sniping. Let's go! 📑 Sniping is an attempt to frontrun (pre-purchase) any coin. It is extremely profitable, but at the same time dangerous and unpredictable type of earning. For example, I have a contract of a coin that has not yet been released to open trade. I naturally want to buy it first at the lowest price. But my counterparty does not know the contract of this coin. He's sitting in X waiting for the announcement when I already have everything. By making a frontrunner I can use a bot to automatically buy the coin.  🐸 By making a frontrunner I can use a bot to automatically buy the coin as soon as it becomes available (literally in a second) and then sell it to the counterparty who will start buying it manually 1 minute after me. All the snipers work is done through the bot. There are specific bots for each blockchain. Personally, we are trading on the Solana blockchain right now. #meme #memecoins #memecoin🚀🚀🚀

⭐️ How meme coin sniping works


Friends, hello everyone. I see your strong interest in meme coins, so let's understand more about the field of sniping. Let's go!


📑 Sniping is an attempt to frontrun (pre-purchase) any coin. It is extremely profitable, but at the same time dangerous and unpredictable type of earning.


For example, I have a contract of a coin that has not yet been

released to open trade. I naturally want to buy it first at the lowest price.


But my counterparty does not know the contract of this coin. He's sitting in X waiting for the announcement when I already have everything. By making a frontrunner I can use a bot to automatically buy the coin. 


🐸 By making a frontrunner I can use a bot to automatically buy the coin as soon as it becomes available (literally in a second) and then sell it to the counterparty who will start buying it manually 1 minute after me.


All the snipers work is done through the bot. There are specific bots for each blockchain. Personally, we are trading on the Solana blockchain right now.

#meme #memecoins #memecoin🚀🚀🚀

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
TopCryptoNews
@TopCryptoNews

Explore More From Creator

🏛️ Sam Bankman-Fried is back in NYC prison for his appeal The former FTX CEO spent roughly a week at the Federal Transfer Center in Oklahoma City, with many speculating authorities planned to send him to a California prison. United States officials have returned former cryptocurrency exchange FTX CEO Sam “SBF” Bankman-Fried to the Metropolitan Detention Center (MDC) in Brooklyn after a brief stint at a transfer facility in Oklahoma. As of June 4, inmate records for the Federal Bureau of Prisons showed that Bankman-Fried was being held at MDC Brooklyn after roughly a week at the Federal Transfer Center in Oklahoma City. Many speculated that authorities intended to transfer the former FTX CEO to a San Francisco Bay Area prison near his parents’ California home. It’s unclear what led to SBF’s return to New York. His lawyers had requested that the former FTX CEO remain at MDC Brooklyn to assist in his appeal of his conviction and sentencing. Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York — who oversaw SBF’s criminal trial and sentencing — also recommended that he stay in the state. In November 2023, a jury convicted Bankman-Fried of seven felony counts related to the misuse of customer funds at FTX and Alameda Research. In March, Judge Kaplan sentenced SBF to 25 years in prison. Bankman-Fried’s legal team filed a notice to appeal on April 11. At the time of publication, no filings appeared on the court docket suggesting on what grounds SBF intended to appeal. Bankman-Fried was one of the only individuals tied to the collapse of FTX and Alameda to plead not guilty and face a jury. On May 28, Judge Kaplan sentenced Ryan Salame, the former co-CEO of Bahamas-based FTX Digital Markets, to 90 months in prison. Other former executives involved in the exchange’s collapse — Caroline Ellison, Gary Wang and Nishad Singh — have pleaded guilty and await sentencing. Almost immediately following his sentencing hearing, Salame posted on social media platform X for the first time since November 2022. #SamBankman-Fried #SambankmanFried
--
🔥 Altcoin Investors Seek Higher Returns and New Ventures Altcoin investors seek higher returns and new ventures. Sometimes they are right. However, sometimes they wait for years without achieving the desired profit rates. The altcoin we will discuss today could rise to $0.229 in June. 🔸 ALGO Price Commentary BTC price started a new attempt above $70,000, increasing activity in altcoins. Many cryptocurrencies turned green, and this positive atmosphere before the ETH ETF launch seems like preparation for new peaks. So, what is the current situation for Algorand (ALGO)? According to IntoTheBlock data, only 9.39% of Algorand (ALGO) investors are currently profitable. Weeks ago, this rate was over 90 for FLOKI Coin and even higher for many ATH-seeing altcoins. For ALGO Coin, profitability below 10% indicates that the price might be at an attractive point for buying. Interestingly, 88.40% of ALGO Coin investors continue to hold their shares despite not being profitable. Moreover, investors have an average holding period of 11 months. This hold period surpasses that of altcoins like Avalanche. Compared to Cardano, famous for its “buy and hold” strategy with a 12-month average holding period, ALGO is nearly at this level. 🔸 ALGO Coin Price Prediction Approximately 20% of the supply is held by whales. This rate has increased by about 1% since May. The number of daily active addresses is also over 54,000. This figure is very satisfactory compared to Avalanche and Dogecoin. Transaction activity on the Algorand network shows a positive trend. Since the end of last year, the number of daily transactions has roughly doubled, reaching 1.36 million. Most of these transactions are valued at less than $1. This is likely due to applications taking advantage of Algorand‘s low-cost fee structure From a technical analysis perspective, the price has been hovering between $0.200 and $0.169 since the end of April. A breakout above $0.2 could trigger a new rally towards $0.229, a 26% increase. This could also end the long-term stagnant movements. $ALGO #ALGO
--
🚀 Investing in Notcoin (NOT) can bring more than 4000% profit today Amid a slow global cryptocurrency market, Notcoin (NOT) has caught the attention of investors and enthusiasts with its impressive performance. Over the weekend, the coin recorded a weekly gain of over 350%, reaching an all-time high of $0.02896 on June 2, 2024. These results position it as one of the best altcoins with a potential 100x growth in June 2024. Taking advantage of the power of such cryptocurrencies can lead to significant profits, and it is very important to understand these opportunities. In this article, we will discuss the possibility of making over 4000% profit if you invest in Telegram NOT based cryptocurrency today. $NOT #NOT #NotCoin
--
🤖 AI sets XRP price for June 30, 2024 Although the majority of assets in the cryptocurrency market have recorded modest growth or at least consolidation of their previous gains in recent weeks, XRP (XRP) has been stuck in a relentlessly negative price trend, and machine learning and artificial intelligence (AI) algorithms are not optimistic. As it happens, the price of XRP has declined over 15% since the year’s turn, as well as recording continuous declines in past days and weeks, and only recently managing to slightly turn the tide and start the day in the green price zone in what seems to be a late reaction to the rest of the market’s moves. 🔸 XRP/Ripple price prediction Meanwhile, in terms of its future price action, the advanced machine learning algorithm over at the crypto analytics and forecasting platform PricePredictions has projected that XRP would continue to drop, hitting the price of $0.448403 on June 30, 2024, according to the data obtained on June 4. Indeed, should the algorithm’s predictions, which draw upon technical analysis (TA) indicators like relative strength index (RSI), moving average convergence divergence (MACD), and others, come true, they would reflect a decline of 13.83% from XRP’s current situation. 🔸 XRP price analysis At press time, XRP price stood at $0.52035, suggesting an increase of 0.10% on the day while dipping 1.51% across the past week and recording a loss of 1.59% in the last month. So, why is XRP dropping? Notably, the reason behind XRP’s poor price action in recent days and weeks could be the bearish sentiment from the possibility of Ripple selling 400 million XRP in June, which would represent the largest drop in seven years and potentially shake XRP’s market dynamics. Adding the current optimism regarding Ripple’s courtroom battle with the United States Securities and Exchange Commission (SEC) into the mix, the crypto industry analyst’s exceedingly bullish predictions regarding XRP’s market value in the next year could, indeed, come true. $XRP #XRP
--
⭐️ Ethereum ETFs Set to Attract $569 Million Monthly, Researcher Predicts The US Securities and Exchange Commission (SEC) approving Ethereum spot ETFs was a big step for the cryptocurrency market. The regulator’s decision followed the earlier approval of Bitcoin spot ETFs, which led to a massive inflow of capital into BTC. 🔸 Ethereum ETFs Could Record Massive Inflows After Launch A prominent crypto researcher Bobby Banzai forecasts monthly inflows of $569 million for Ethereum ETFs once trading begins. His prediction is based on international ETF values and Chicago Mercantile Exchange (CME) futures open interest data, which show that ETH’s value is around 19% relative to BTC. “With Bitcoin flows amounting to $13.6 billion as of May 27 after 137 trading days, the implied amount of monthly ETH ETF flows are $569 million”. Bobby Banzai noted that the success of Bitcoin ETFs has incentivized issuers to promote Ethereum ETFs. Firms like Hashdex, VanEck, and Bitwise have previously published high-quality ads for their BTC ETFs. A similar marketing effort for ETH ETFs could lead to substantial inflows. Bloomberg analyst Eric Balchunas suggests that the newly approved instruments could capture up to 20% of the Bitcoin ETF market. However, JPMorgan analysts caution that the initial market reaction may be negative, predicting that ETH ETFs could see inflows between $1 billion and $3 billion in 2024 if launched before year-end. They argue that without staking yields, ETH ETFs may be less attractive. Investors who buy, hold, and stake ETH can earn rewards, which provide extra yield. In contrast, spot Ethereum ETFs without staking offer exposure to ETH prices without these benefits. However, Ethereum’s value, supported by its usefulness in transactions, smart contracts, and decentralized applications (DApps), sets it up for substantial expansion. Industry experts like BlackRock co-founder Larry Fink and MicroStrategy CEO Michael Saylor have celebrated the approval of the ETFs as a significant development. $ETH #ETH #Ethereum
--

Latest News

SEC's Salt Lake City Office to Close Following Failed Lawsuit Against DEBT Box
--
Suspected Security Breach at Renzo's X Platform
--
Bitcoin(BTC) Surpasses 71,000 USDT with 2.63% Increase in 24 Hours
--
Positive Shift in US Political Environment Could Boost Crypto to $100,000, Says Novogratz
--
BNB Surpasses 670 USDT with 8.21% Increase in 24 Hours
--
View More
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
ba-one-trust-cookie