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Learning & News => News related to Crypto => Topic started by: sirty143 on January 22, 2024, 01:19:21 PM

Title: Crypto Snipers Strike Gold as Traders Earn Millions in SAVM Token Launch Frenzy
Post by: sirty143 on January 22, 2024, 01:19:21 PM

Crypto Snipers Strike Gold as Traders Earn Millions in SAVM Token Launch Frenzy

(https://i.imgur.com/2qW6VnQm.jpg)

Based on the recent report from Arkham Intelligence, the launch of the satoshivm (SAVM) token two days ago saw three adept crypto traders, often referred to as ‘snipers,’ each earning a profit of $1 million. See more for yourself here (https://news.bitcoin.com/crypto-snipers-strike-gold-as-traders-earn-millions-in-savm-token-launch-frenzy/).

Your opinion is greatly appreciated.

Title: Re: Crypto Snipers Strike Gold as Traders Earn Millions in SAVM Token Launch Frenzy
Post by: Nwada001 on January 22, 2024, 09:36:11 PM

One thing I notice about these crypto snipers and other high-profile crypto traders who buy tokens before launch is that most of the time they have some marketing arrangements with the project owners, who sometimes might give them a hint on information about the project, and they can decide to invest a large amount in it before launch and take some of the marketing strategies into their own hands.
 
I feel and see things this way because, after this massive profit and after their selling in a few weeks to months or so, we will always see the market dropping and correcting itself back to normal, which is why those who bought through the hype of the crypto snipers will be recording losses.