Derived from Coindesk, two blockchain snipers made over $1.3 million in profits during the launch of Jesse Pollak’s creator coin, JESSE, on Base. The snipers used automated tools to frontrun trades in the same on-chain block as the token’s deployment, enabled by Base’s flashblock feature. A total of 500 million JESSE tokens were seeded into a liquidity pool, with the top two wallets acquiring 261.7 million tokens and securing profits of $707,700 and $619,600, respectively.
Two Snipers Earn $1.3M Profits from Jesse Pollak's Creator Coin Launch on Base
CoinDeskShare
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.