Launch snipers

Bots or insiders that buy a new token in the first seconds of its launch, often in the very first block.

What it means

Snipers get the lowest price and often sell into the first wave of buyers, so late buyers pay a higher price and the price can drop quickly.

What to watch

How many buys came in the launch block and how much of the supply those wallets got, as shown on a block explorer and the holder list.

How Compass-Alpha uses it

Background only; not used in any figure on Compass-Alpha.