
The NFT and cryptocurrency markets have seen significant activity and volatility, particularly during the 2021 bull market. Participants in these markets reported extraordinary profits and losses, highlighting the speculative nature of trading. One trader recounted making a profit of $6 million in just 15 minutes by sniping a listing of the DeFi protocol $EVN on Uniswap in February 2021. Another trader described a similar experience, losing $1 million within the same timeframe on the same protocol. The trading environment during this peak was characterized by rapid buying and selling, with examples of purchasing 25,000 $MATTER tokens for 7.5 BNB and selling a portion for 63 BNB just minutes later. Additionally, a public sale by @StargateFinance allowed traders to buy 5.14 million $STG for 2.8 million USDC, resulting in a $1.5 million profit within 24 hours. The NFT market was particularly notable, with reports of guaranteed profits from minting certain projects, with profits ranging from $25,000 to $50,000 in mere minutes. Despite the past successes, there is a consensus among some traders that the 2021 NFT mania was not a model to replicate, as it was a unique period where many experienced financial gains.
During the first 4 months of our journey sniping Uniswap listings in August 2020, my brother - @SheepOfBitmex - was still an IT teacher at the university. Sometimes, we had a snipe planned right in the middle of one of his classes. He would tell to his students: "okay guys,…
From August 2020 till May 2021, we've been sniping hundreds of shitcoins on every DEX and chain you can imagine. Our first snipe on Uniswap was on August 20, 2020. We sniped a shitcoin called $YMPL for 50 ETH ($20k). We made 60 ETH profit in 10 mins. We had less than $60k in… https://t.co/CDA5quESSj
Consensus is that 2021 nft mania was cringe and we don’t want to run it back. But the fact is it was the only time in crypto history that pretty much everybody won for like a year straight. Even if you round tripled you learnt an important lesson. And knowledge is infinite value.




