A recent strategy involving sniping rug pulls on decentralized exchanges (DEX) has reportedly yielded a significant profit of $50 million. This approach focuses on identifying and exploiting vulnerabilities in various projects that are suspected of engaging in rug pulls, which are fraudulent schemes where developers abandon a project and take investors’ funds. By acting quickly during these events, participants can capitalize on sudden price drops and recover substantial amounts of money. The strategy has gained attention within the cryptocurrency community as a potentially lucrative, albeit risky, method of navigating the volatile market. As more individuals become aware of this tactic, discussions around the ethical implications and risks associated with such practices continue to evolve.
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Last updated on November 4th, 2025 at 08:43 am
