Solana ($SOL) ‘Sniper’ Snags $780,000 in 15 Minutes from Newly Launched Token

A cryptocurrency trader has managed to turn 500 Solana ($SOL) tokens worth around $67.000 into 5,789 SOL worth over $780,000 in just 15 minutes after managing to “snpe” a large portion of a newly launched cryptocurrency’s supply. According to on-chain analysis service Lookonchain, the cryptocurrency ‘sniper’ managed to acquire 665 million $QUACK tokens as they […] source: https://www.cryptoglobe.com/latest/2024/05/solana-sol-sniper-snags-780000-in-15-minutes-from-newly-launched-token/