@0xluo.eth

launching tokens for new projects is becoming increasingly challenging. For people who regularly ape into newly launched tokens, I realized long ago that the snipers on Base (or the whole crypto world) are probably the smartest, and the most profitable group of people. You can always see them in Clanker tokens, Zora tokens, and more. They’ve already set up monitoring for a number of contracts, KOL addresses, Twitter and Farcaster accounts, etc., allowing them to capture the vast majority of profits. They also influence most token charts through pump & dump activity. of course, there are many ways projects try to stop them, early high taxes (or decay over time), different types of whitelists, fair presales with proportional allocations, and so on, but none of these are guaranteed to work. Snipers always find ways to outpace regular users, buy in early, and take profits. And this is only the challenge at the token launch stage, there’s still the bigger question of how to grow sustainably and attract more users over time in such a liquidity-tight and highly competitive market. New tokens really have it tough right now, and so do launchpads and other related apps.

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