Only memecoins are currently delivering high returns for traders.

It’s a risky activity, but also highly profitable.

It’s important to stick to your trading strategy and plans for the memecoin.

But what if I told you that you can automate this with a Sniper Bot?

Yes, the risks are even higher here, but one trade can change your life.

If you can create and configure a reliable sniper bot, 1-2 out of 10 trades could bring you 1000x returns.

Here, I’ll explain how to create such a bot using ChatGPT.

1/ Create a basic Sniper Bot in Python.

To do this, go to http://chatgpt.com/ and sign up/log in to your account.

Ask ChatGPT to create a sniper bot for you, using prompts from the tutorial video as a guide.

2/ After selecting a coin, your bot should be able to analyze it.

Make sure to ask ChatGPT to refine your code so that it can determine if the coin is a rug pull or not.

You’ll also need to set criteria such as liquidity, trading volume, etc.

This part will take some work, as it’s one of the most crucial aspects of your bot.

Your task is to set your own values and conditions.

The more criteria you define, the better your bot will perform.

Consider factors like the number of holders, the number of tokens launched by the developer, and so on.

3/ The next step is to add conditions for buying and selling.

These are parameters that will always stay constant.

Specifically, "Slippage" and "Price Impact."

Here are the values I use:

- Maximum slippage: 15%

- Maximum price impact: 10%

4/ Fine-tune the sniper bot to perfection.

Set default amounts for buying/selling.

This is done to improve the bot's speed, so it doesn't wait for your input.

Consider your capital—it's ideal if one trade is equivalent to 0.5-1% of your total capital for memecoin trading.

5/ Test your Sniper Bot.

Ask ChatGPT to help you step-by-step with setting up and running the bot.

It might seem complicated at first, but once you see the results, it won’t feel as tough.

6/ Fix all errors.

It's likely that you won't get it running perfectly on the first try due to errors in the code.

To fix this, copy the error message and send it to ChatGPT for corrections.

Repeat this process until the bot works flawlessly.

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