Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (MATIC)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)

The story of how a trading bot earned $1.9 million in 20 seconds

DeFi: The story of how a trading bot earned $1.9 million in 20 seconds

In the fast-paced world of cryptocurrency markets, a compelling story has recently unfolded, showcasing the excitement and hype of the past few days.

This story emerged in the wake of a momentous event: on January 11, spot bitcoin ETFs were approved in the United States. The resulting excitement infected speculators and brought even more volatility to the already booming Solana blockchain (#SOL).

At the center of this modern tragicomedy was an amazing robot, a master of transaction optimization known as Maximum Extractable Value (#MEV). This genius bot accomplished the brilliant feat of mining memcoin - those quirky meme-inspired cryptocurrencies - and earning $1.9 million dollars. Let's get into the details of this fascinating story.

Robot, crypto traders and dogs

Let me introduce the key players in this drama. The MEV bot, operated by an organization called 2Fast on the Solana network, quickly converted 703 SOLs, equivalent to about $700,000 at the current cryptocurrency exchange rate, into 19,035 SOLs, or nearly $1.9 million, all in just 20 seconds!

The concept of MEV, which is the maximum value that a participant, usually a miner or validator, can extract from a transaction by manipulating the order of transactions in a block, takes center stage here and has been the subject of much discussion. This impressive maneuver was made possible by a back-running strategy based on a significant purchase of Dogwifhat (#WIF), a memecoin inspired by our furry friends. Back-running involves taking advantage of temporary price fluctuations caused by other transactions. Simply put, our shrewd bot converted 703 SOL into 490,000 WIF at a low price, and then exchanged the same amount of WIF for 19,035 SOL in the same batch of transactions.

This exciting story demonstrates the ingenuity and potential for significant profits in the cryptocurrency markets. The robot's remarkable feat highlights the opportunities and risks that lie ahead for those who dare to enter the world of cryptocurrencies.

In the whirlwind of cryptocurrency markets, where fortunes can be made and lost in the blink of an eye, this robot's story serves as a testament to the possibilities that the digital sphere holds. It awakens curiosity and invites us to explore the depths of this fascinating world where even a robot can make millions in seconds.

And each of us has the opportunity to easily and quickly launch our own crypto trading robot. Try it yourself, how easy, interesting and profitable it is!

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Altcoins: The founder of Telegram commented on the launch of the Notcoin token
Pavel Durov, the creator of the Telegram messaging platform, shared his thoughts on the introduction of the Notcoin (NOT) cryptocurrency. He emphasized that the initiative has attracted more..
Regulation: The French regulator announced a possible blocking of the Bybit platform
The French financial markets regulator (AMF) has issued a warning to investors about the possible restriction of access to the Bybit platform's website. It also noted that..
Mining: During the last three years, El Salvador mined 473.5 BTC using geothermal energy
Since 2021, El Salvador has mined 473.5 BTC (equivalent to $29.3 million) through the use of geothermal energy. Such information was released by Reuters, referring to the state structure..
Altcoins: Trader made $46 million out of $3000 on PEPE memcoin
An unknown trader earned an amount exceeding 46 million dollars by buying the Pepe Coin memcoin (PEPE). This financial triumph was reported by analyst firm Lookonchain.
Make crypto bots for trading