Most will think it's fake and scroll, but this is the reality for snipers.
Every day, memecoin snipers make $30M using this strategy.
Here’s what happened with $BAKED and how you can do the same 🧵👇
Crypto memecoin space was in an uproar today after someone sniped $BAKED and earned $3 million!
I've analyzed the situation and will show you how to do the same👇
Here's the situation:
During the $BAKED minting process, the dev wallet acquired 300M $BAKED for just 12 $SOL!
Additionally, 206.9M $BAKED was added to liquidity.
In an instant, 19 wallets accumulated 492.37M tokens!
Developer and insider wallets collectively spent 82.74 $SOL to acquire 779.85M $BAKED
It's 78% of the total supply
They’ve offloaded a minor portion, holding onto 763.8M $BAKED now
It's 76.38% of the supply
So what about the sniper?
With a sharp eye, a sniper invested 70 $SOL to acquire 81.78 million $BAKED and flipped them for 21,581 $SOL
In just 30 minutes, he netted a staggering $3.05 million!
Most likely, all these wallets belong to the same insider.
Three wallets were created simultaneously with the dev wallet, and 15 others were withdrawing $SOL from Bitget
P.S. The First 3 wallets were also funded by Bltget.
In my opinion, he capitalized on his skill and luck, which we all need
He didn't buy the token on DegenFund, but on Raydium, and before that, he traded other tokens that he lost money on.
So, I don't think he's an insider.
How can you copy his success?
➞ Constantly monitor Dexscreener
➞ Keep the Snipe bot ready
➞ Trade continuously
With regular practice, these actions will become second nature (he's still sniping other coins after he got $3kk).
As I mentioned earlier, you need the right info field
$BACKED was launched by
@cryptomanran and @crypto_banter
And they announced the launch, giving everyone who followed it a fantastic opportunity to make money!
Before that, they launched $GUMMY and $TOOKER, all in the same way!
These tokens also brought significant profits to those who managed them.
Be on your watch at all time!
THAT'S IT FOR TODAY....
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