Snipe Bot Types

There are 2 ways to snipe a token launch :

1) Scan Liquidity Pool (This bot is build with this option): The safe option.

As the name implies, the bot scans the liquidity pool and only when it's detected it will work with that data.

Pros:

• Can check with RugDoc if honeypot or not. (Bot feature)

• Safe/Auto transaction path. (Bot feature)

• Only trade if liquidity is higher than "X amount". (Bot feature)

2) Mempool: Risky, but the fastest between the 2 options.

Mempool (memory pool) is a smaller database of unconfirmed or pending transactions which every node keeps. When a transaction is confirmed by being included in a block, it is removed from the mempool.

Pros:

• It's fast. (Only if you don't have safety check and buy directly)

• A way to gamble. (If you don't have safety check)

Drawbacks:

• Only useful with private node. (1 - 5ms)

• Can't check with RugDoc if it safe or not (Because only when liquidity is added that RugDoc can check, and if you wait for Liquidity you lose your speed...).

• Useless with legit projects (Most legit tokens will have anti-bot protection, from 99% tax to completely blacklist the wallet after you buy if you are too fast.)

Better go with the safe option unless you are a "Coin Flipper".