Imagine a super-fast robot that buys and sells cryptocurrency super quickly! This is called "sniping." These robots watch for new coins or price changes and act faster than anyone else. It can cause big price swings in the crypto world.
- Sniping bots buy and sell coins very fast.
- They watch for new coins and low prices.
- Some bots make millions by doing this.
- This can make prices go up and down quickly.
| Coin | Event | Result |
|---|---|---|
| LIBRA | Sniped at launch | $6 million profit for sniper, $4.4 billion market cap loss |
| Broccoli (CZ's dog meme coin) | Sniped at launch | $10 million profit for sniper |
