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• Memecoin sniping means buying tokens instantly at launch for early entry.
• It's all about speed! Bots like Shuriken execute trades in seconds.
• Unlike regular trading, crypto sniping focuses on hype, not fundamentals.
• Tools work across Solana, Ethereum, and BNB Chain with minimal setup.
• Small, fast, and disciplined trades can yield big upsides. But the risk is high.

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In crypto, milliseconds matter. Especially in the wild world of memecoins, where fortunes can be made (or lost) before your wallet even loads. So, how do you play in this casino like you own the table? You snipe!

Memecoin sniping is a high-speed, high-stakes strategy where traders use bots, tools, and sheer timing to grab meme tokens at the exact moment they launch, often before the masses even know they exist.

While most of crypto plays the long game (think staking, hodling, farming), snipers are built different. They thrive on speed, not patience. In an environment where a coin can 10x in seconds and crash just as fast, being first isn’t just an advantage – it’s the whole game.

But what exactly is crypto sniping and sniper bots? How does it work across chains like Solana, Ethereum, and BNB? And can anyone actually make money doing this?

This article breaks it all down – from what memecoin sniping really is, what a crypto sniping bot is, how it works under the hood, the tools you need, real crypto market success stories.

Related Article: How Meme Coin Projects Are Evolving Into Beneficial Ecosystems

What Is Memecoin Sniping?

Memecoin sniping is the act of buying a newly launched meme token at the exact moment it becomes tradeable, usually within seconds of liquidity being added to a decentralized exchange.

It’s called “sniping” because the goal is precision: to get in before everyone else at the lowest possible price, often using bots or automated tools. Once the coin pumps due to hype or FOMO, snipers can flip their position for quick profits (sometimes 2x, 10x, or even 100x returns in minutes).

Unlike regular trading, which involves analysis or waiting for the right chart setup, sniping is all about speed and timing. You’re not investing here, you’re racing.

Most snipers operate on chains like Solana, Ethereum, or BNB Chain, where meme coin launches are fast and frequent. Tools like Shuriken, Maestro, or BonkBot automate the process, letting users buy tokens faster than any human could click.

But while the upside is massive, so is the risk. Many of these tokens are unvetted, and some are outright scams (like honeypots or rug pulls), making memecoin sniping a game of high-risk, high-reward speculation.

Learn To Snipe: Snipe Memecoins on Solana with $20 Using Shuriken

DISCLAIMER: Before you proceed to sniping your first memecoin, please be aware that memecoins are highly risky and may result in a loss of all your funds. The guide provided here is intended only for educational purposes and the steps may vary in the future from the time of publishing due to UI changes and/or other factors. Transak does not provide any financial advice.

For the purposes of this tutorial, we will use Shuriken, a popular Solana sniper bot.

What You’ll Need

1. A Phantom Wallet (or any Solana wallet)
2. $20 worth of SOL (a bit extra for gas fees)
3. Telegram (here, we’re using Shuriken Telegram Bot)
4. A few minutes of focus and quick clicking

Step 1: Set Up Your Phantom Wallet

• Download the Phantom Wallet extension or mobile app.
• Create a new wallet or use an existing one.
  • When creating a new wallet, ensure to safely store your private key.
• Fund it with ~$20 in SOL. You can buy SOL from Transak directly to your Phantom address.
• Keep a small buffer (~0.1 SOL) aside for transaction fees and bot gas usage.

Step 2: Start Shuriken on Telegram

Open Telegram and go to: t.me/ShurikenTradeBot 

Click /start to initiate the bot.

Choose your preferred language and agree to the terms.

You’ll now see the Shuriken bot dashboard.

Step 3: Set Up a Wallet Inside Shuriken

Shuriken creates an internal wallet for each chain.

Type /wallets and click on Solana.

Shuriken will generate a Solana deposit address for you.

From your Phantom wallet, send 0.2 to 0.5 SOL (≈$20) to that address.

Wait for confirmation. Hit Refresh and your balance will appear inside Shuriken’s Solana wallet.

Step 4: Find a Memecoin to Snipe

You can:

• Follow Solana memecoin launch platforms like pump.fun or moonshot.so
• Use @BirdeyeAlerts or @SolanaAlpha Telegram channels
• Watch X for new memecoin hype

Once you find a new token about to launch or just launched, grab the token mint address, and paste it in the chat box.

Step 5: Snipe That Token

Choose how much to spend (e.g., 0.1 SOL).

To enter custom slippage, click More Options and set slippage tolerance (10–20% is usually safe for snipes).

Execute the buy.

There are other useful feature slike “Anti-MEV,” “Auto Buy,” and more.

Congratulations, you’ve just sniped a meme token!

Step 6: Track the Token

Now check:

• Price movements on Birdeye
• Volume and chart on Jupiter Aggregator
• Sell options via Sell option in Shuriken

Step 7: Withdraw Profits

Want to pull money out?

1. Type /wallets
2. Choose Transfer SOL

1. Choose where to transfer or paste any of your Solana wallet address
2. Enter the amount of SOL to withdraw or choose percentage
3. Confirm

Your funds will be sent back to your main wallet.

Memecoin Sniping vs. Bot Trading vs. Regular Trading

Memecoin sniping is often confused with regular bot trading. The difference lies in the details. Memecoin sniping can be thought of as a subset of bot trading with a distinct purpose.

Memecoin sniping aims to buy tokens the instant they launch to profit from rapid price spikes before the general public can react. Bot trading, on the other hand, automates predefined strategies like arbitrage, market-making, or trend-based entries to optimize performance over time, not just at launch.

The regular (manual) trading, which most are familiar with, focuses on making informed decisions based on technical analysis, news, or fundamentals, with the goal of buying and selling at opportune moments – not necessarily the fastest ones.

BTS: How Memecoin Crypto Sniping Works

Memecoin sniping is all about being the first to buy a newly launched token, within seconds of it becoming tradeable. To do this, you need to monitor the blockchain in real time, detect when liquidity is added, and automatically execute a buy transaction before everyone else.

1. A New Token Is Deployed

A developer creates a new meme token by deploying a smart contract. At this point, it exists on-chain but isn’t tradable yet (no liquidity pool has been added).

2. Liquidity Gets Added

The dev (or team) adds liquidity to a decentralized exchange (DEX). For example:

• On Ethereum: Uniswap
• On Solana: Jupiter or Orca
• On BNB Chain: PancakeSwap

Once liquidity is added (e.g., pairing the new token with ETH, SOL, or BNB), the token becomes publicly tradable. This moment is called the "liquidity event."

This is the exact second snipers are watching for.

3. Sniper Bots Are Listening

Crypto sniper bots constantly monitor the blockchain (especially mempools and DEX factory contracts) to detect:

• New token contract deployments
• Liquidity being added
• New trading pairs going live

On Ethereum, bots watch the mempool (the waiting area for pending transactions).

On Solana, they monitor program logs or DEX APIs like Jupiter’s route updates.

4. Bot Executes A Buy Transaction

Once the bot confirms the token is tradable, it:

• Sends a buy transaction with pre-set parameters (amount, slippage, gas, etc.)
• Often includes a bribe or high gas fee to get mined first (especially on Ethereum)
• May use private relays (Flashbots) to avoid front-running by other bots

5. Optional: Safety Checks Before Buying

Good sniper bots run anti-rug simulations before buying:

• Can you sell the token? (i.e., not a honeypot)
• Is the token contract malicious?
• Is the liquidity locked? If the check fails, the bot skips the buy.

6. Buy Goes Through And You’re In

If the bot wins the race, you’re now holding the token, ideally before any real price movement. You can:

• Immediately flip it for profit (if price spikes)
• Wait for more buyers (risky)
• Exit if it looks sketchy (e.g. no volume, suspicious code)

Memecoin Crypto Sniping Success Story

Despite the risks, there are indeed traders who have made significant profits through memecoin sniping.

Here’s the story of a Solana sniper turning 30 SOL into 300+ SOL!

In a story reported by CoinTurk, a savvy Solana trader used a shotgun sniping approach on new meme coins. They invested a small amount (~1.23 SOL) into each of 25 different newly launched memecoins.

Many of those coins flopped or were even rug-pulled, but about 14 of them succeeded enough that the trader ended the day with 272 SOL profit (about $27k at the time).

One particular token (named WYNN) was a big winner, yielding 210 SOL profit by itself.

The key to their success was cutting losses on the failures and letting the winners ride briefly. They were extremely fast – executing trades within a minute of launch – and took profits when available. Despite 8 tokens losing money and 3 being outright scams, the overall win rate was 56%, and that was enough to multiply their starting capital many times over.

Conclusion

Memecoin crypto sniping is the closest thing crypto has to a digital gold rush. With the right tools, timing, and mindset, traders can capitalize on viral momentum before the crowd even shows up.

But make no mistake. This isn’t passive investing. It’s a high-speed, high-risk game where precision and preparation make all the difference.

Whether you're using a battle-tested sniper bot like Shuriken or just exploring the culture of degen trading, the early bird doesn’t just get the worm – it gets the 100x.

Just remember not to let greed replace strategy. The best snipers know when to ape and when to exit. Start small, stay sharp, and always protect your capital.

The memes are fast. You need to be faster.