How to Dump $10k in Seconds ๐ธ๐ฅ
๐ค A trader thought he could be clever and buy crypto the moment a token listed on the decentralized exchange, Jupiter. But with low liquidity, his $10,000 only snagged him 78 $PENGU tokens, worth about $5! ๐ ๐ธ ยฏ\_(ใ)_/ยฏ
๐ฟ These traders, called "snipers," always find the token contract before it's listed, using bots to scoop up tokens as soon as they go live. Then, they dump them after regular traders buy in. This time, though, the sniper made a huge mistakeโhe bought a token with a ridiculous market cap of $14 trillion! ๐คฏ๐ฃ
