PANews reported on November 25th, according to Lookonchain monitoring, an automated trading bot with the address "orcACR…TCc8" has made a profit of about 27,000 SOL (approximately $6.8 million) over the past month by sniping MEME tokens. Two days ago, this bot bought 57 million FATHA tokens for 2 SOL and then sold them for 4456 SOL, netting a profit of 4454 SOL (about $1.12 million), achieving a return of 2227 times. Today, it bought 58.57 million FRIC tokens for 1.75 SOL and sold them for 1646 SOL, making a profit of approximately $418 thousand dollars at an impressive rate of return - up to943 times.
The bot transferred its profits to the address "orcAbs…NJMb", and has already converted about19 thousandSOL into cash through CEX.