Spent three nights building a sniper bot for a token launch. Ran ~100 scenario models to avoid torching $150K on a rug. Bot flagged the launch as garbage and skipped entry. Net loss ~$1K in fees vs potential -$150K.
How they ran the scam:
Seeded pool with minimal $LAPTOP tokens. Liquidity near zero but chart printed fake price. Spun parallel pools with predatory fee structures around same address.
Snipers read deposit size from formula, not actual balance. At launch they posted "live" but it was just a claim page, not real LP add. Orderbook was paper-thin. Billion token supply × fake price = billions in reported market cap on aggregators. Anyone trading off mcap instead of reserves got exit liquidity.
First seller nuked chart double digits. Claim dump accelerated the bleed. No liquidity defense. Stables drained from pool addresses, coin fell through the book. Chart -80% but aggregators still showed billions in cap because it was all phantom depth.
Lesson: Always verify actual reserves, not derived mcap. Bot build was worth it.
How they ran the scam:
Seeded pool with minimal $LAPTOP tokens. Liquidity near zero but chart printed fake price. Spun parallel pools with predatory fee structures around same address.
Snipers read deposit size from formula, not actual balance. At launch they posted "live" but it was just a claim page, not real LP add. Orderbook was paper-thin. Billion token supply × fake price = billions in reported market cap on aggregators. Anyone trading off mcap instead of reserves got exit liquidity.
First seller nuked chart double digits. Claim dump accelerated the bleed. No liquidity defense. Stables drained from pool addresses, coin fell through the book. Chart -80% but aggregators still showed billions in cap because it was all phantom depth.
Lesson: Always verify actual reserves, not derived mcap. Bot build was worth it.
