In recent times, the world of cryptocurrencies has witnessed a surge in the popularity of meme coins. These humorous, risky, and often satirical digital tokens have captured the attention of investors and traders looking to ride the wave of the latest internet sensation.
However, as the frenzy around meme coins intensifies, so does the potential for exploiting vulnerabilities within the decentralized finance (DeFi) ecosystem. One vulnerability that has become a significant concern is Miner Extractable Value (MEV) and its impact on the crypto community.
Can you imagine the advantage of being at the forefront of the queue to engage in arbitrages, execute liquidations, and trade ahead of others? That’s kind of what MEV is all about.
Well, while MEV itself is not inherently malicious, its exploitation through various techniques, including sandwiching attacks, has raised alarms within the crypto community, especially considering the recent popularity of sniping meme coins.
The term “Sniping meme coins” describes the act of attempting to profit from the rapid price movements…