Libra memecoin 'facilitator' Hayden Davis admits team sniped token at launch
Article
Publish date
Feb 17, 2025 - 12:00am
Publisher
The Block
Web URL
https://www.theblock.co/post/341251/libra-memecoin-facilitator-hayden-davis-admits-team-sniped-token-at-launch
Referenced by
$LIBRA collapse sparks fraud allegations
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Libra memecoin 'facilitator' Hayden Davis admits team sniped token at launch
Crypto news
Quote
Sniping is a term in crypto that typically refers to an automated bot or smart contract executing programmed transactions to buy a large portion of a newly launched token’s supply — typically to be sold later for a significant profit.
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