0xAA|Oct 23, 2025 16:46
Right now, sniper bots targeting Binance's exclusive internal trading (fair mode) are running rampant. As soon as a new meme coin comes out, tons of bots jump in immediately.
The Binance wallet team is actually quite frustrated and is trying all kinds of ways to make the mechanism fairer. A couple of days ago, I suggested to them to reference Meteora DBC and introduce an opening tax that decreases over time—for example, Believe had a 50% tax at launch, which significantly increased the cost for snipers.
Today, they got back to me saying they’ve adopted this suggestion and are already working on it. Something to look forward to!
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