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eggman 🔵
@eggman.eth
This is how it's done $NAIFU launch on base, with anti-sniper tooling built into Naifu herself. Snipers got so rekt they're trying to plead with the AI to show mercy on them. (She's lying btw, she ain't sending a thing back to them)
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Trebor🎩🟡
@trebor69
Please tell me more👀
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eggman 🔵
@eggman.eth
Anti-sniper tooling is a must at this stage of the cycle, and I think $NAIFU proved it. Snipers ate up about 20% of the supply instantly at launch, one lone wallet got almost 10% of it. They were all instantly blacklisted (cannot sell or transfer tokens); with the functionality to blacklist then disabled permanently afterwards, ensuring nobody innocent can ever have their tokens locked on them. The snipers essentially were looking to do the usual - dump their supply on the first move. Given it 10x'd fast out the gate, would've been big profits for them but the token would've went straight to zero. Now instead, they're perma-diamondhanded, and the token can flourish fairly.
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Trebor🎩🟡
@trebor69
Oh thats great! Gonna scoop some now eheh Snipers are really annoying, im trying to understand more how they operate Could they fuck up a token even several days after the launch?
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eggman 🔵
@eggman.eth
Well, depends on when they bought - certainly can't snipe a few days after launch, but sometimes they'll snipe tokens at launch and wait a few days before unloading bags. Snipers essentially aim to be the first buyer of any token (with a massive buy) - through a range of methods, some more complex and expensive than others. They can often end up holding 5-10%+ of the supply; and due to how liquidity pools/AMM balancers work, that winds up being enough supply to nuke the price by 50-80% after the regular buyers get in after them. Essentially, it's the end-game of extraction. Kills a token outright, but nets a lot of profits for the sniper; who will gladly dance on your grave.
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