Margherita
Mon Jan 06 2025
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5 answers
1155
What is a DeFi sniper bot?
I've heard about DeFi sniper bots and I'm curious to understand what they are. Could someone explain to me what a DeFi sniper bot is and how it operates within the decentralized finance ecosystem?
JejuJoyful
Mon Jul 15 2024
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5 answers
906
What is a sniper bot in cryptocurrency trading?
Could you elaborate on the concept of a sniper bot in the realm of cryptocurrency trading? I've heard the term mentioned but am unclear on its specific function and role in the market. Do these bots operate autonomously to capitalize on fleeting opportunities? Are they programmed to execute trades at precise price points, almost instantaneously? And what kind of impact do they have on the overall market dynamics, especially in terms of volatility and liquidity? I'd appreciate a concise yet informative explanation of the sniper bot's workings and significance in the crypto trading landscape.
