According to Foresight News, according to lookonchain monitoring, a "sniper" address earned 2,277 ETH by trading MEME coin SHIRO within 18 hours.

The sniper used 9 wallets and immediately snapped up 18 trillion SHIRO with 41.48 ETH (about $151,000) after Shiro Neko announced the contract address at 20:03 UTC on December 2, 2024.

So far, the sniper has sold 15.6 trillion SHIRO and made a profit of 2,319 ETH (about $8.44 million). Before Shiro Neko announced the contract address, many wallets — most likely insiders — had already purchased SHIRO in advance.