As per Forklog, two snipers made over $1.3 million in profits during the launch of Jesse Pollak’s creator coin JESSE. According to Arkham Intelligence, 500 million tokens (50% of supply) were placed into the liquidity pool, and 261.7 million tokens (26% of supply) were bought instantly in the same block. One user spent $191,000 to purchase 7.6% of the total JESSE supply and paid over $44,000 in priority fees to Base’s sequencer to secure transaction priority. After selling the remaining tokens, the trader realized a $600,000 profit. The Flashblocks feature, introduced in July, enabled bots to detect and execute trades within the same on-chain block. Pollak described JESSE as a cultural token, not an investment, and emphasized its role in testing Base’s new tools for creator tokens. Since launch, JESSE has risen over 400%, with a market cap of $17.7 million and a daily trading volume of $24.8 million.
Jesse Pollak's Creator Coin JESSE Sparks $1.3M Profits for Snipers
ForklogShare






Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.