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Cryptopolitan 2024-01-12 08:23:48

Solana-based MEV bot nets $1.7M profit in questionable trade

A Solana-based maximum extractable value (MEV) bot recently made headlines by raking a staggering $1.7 million from a questionable trade. The trade-in question involved a trader purchasing a substantial amount of the memecoin Dogwifhat (WIF) in what was deemed the “most inefficient way possible.” MEV bots, automated programs that scan blockchain networks for profitable trading

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