Jesse Pollak's Token Earns 1.3 Million Dollars

Fast Transactions on Base Network

Base network enabled bots to see the early release of Jesse Pollak's new token due to its 200-millisecond micro blocks. This allowed purchases made with priority fees to be approved in the next flash block within the same on-chain block.

Immediately after the token's introduction, two snipers bought up 26% of the total supply. As a result of these transactions, one sniper made a profit of 707,700 dollars, while the other made a profit of 619,600 dollars.

One of them spent 191,000 dollars to purchase the token and paid over 44,000 dollars in gas fees to outpace competitors. Consequently, this investor achieved a net gain of over 600,000 dollars.