📢 Gate Square #Creator Campaign Phase 2# is officially live!
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As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
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📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
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A Crypto Investor Made 3.16 Million Dollars from This Altcoin in Three Hours! Here Are the Details
An experienced crypto investor turned 48.6 ETH, released by VVV token, into $(154.000 in just three hours, converting it to $3.16 million.
Investor made $3.16 million in just 3 hours with VVV Token using Banana Gun
How the Transaction Occurred
Sniping Bots and High-Speed Trading
The use of sniping bots like Banana Gun is becoming increasingly common in crypto trading, allowing investors to automate quick trades during token launches. While quite profitable for some, these bots have also sparked debates about market fairness and decentralization.
This transaction emphasizes the high-risk, high-reward nature of early token launches, where timing and automation can make a big difference.