#ReboundRally These types of traders, known as "snipers," use bots to locate token contracts before listings, buying up tokens early with the intent of selling them for a profit once regular users enter the market. Unfortunately for this sniper, they miscalculated and ended up purchasing a token with a ridiculous market cap of $14 trillion.
Moral of the story? Even the sharpest strategies can backfire when liquidity and market dynamics are overlooked.