
The post MEV Bots Generate Over $2 Million in Profits on Friend.tech! appeared first on Coinpedia Fintech News
Maximal Extractable Value (MEV) bots on decentralized social media platform Friend.tech have generated over $2 million in profit, according to data from Dune Analytics. The bots use a strategy of buying low-cost, newly registered profiles and selling them at a premium. One bot generated nearly $600,000 in value with 96 profiles. The bot activity on August 21 caused a spike in transactions to 500,000, with failed transactions reaching an unprecedented peak of 308,860. The platform has had a total volume of 45,495.9 ETH, valued at over $70 million, in 2.05 million transactions.
- Website
- Mobile app
- Telegram Channel
- Telegram Group
- YouTube
- Binance Referral Link
- Bitmex Referral Link
- (Recommended For Leverage) ByBit Referral Link
- Buy Ledger Nano at discounted price
- Buy Cool Wallets at discounted price
Don't forget to share your review/suggestions for the android app.
All In One Crypto App is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by All In One Crypto App or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risks