Sneaking In for Profits: How Sniper Attacks Crippled Base Creator Token Launch

A recent incident has highlighted the vulnerabilities of new cryptocurrency token launches, leaving investors and creators grappling with how to protect against a sophisticated and aggressive type of attack. The case of Base developer Jesse Pollak’s creator token launch serves as a stark reminder that even well-intended projects can be hijacked within minutes. While Pollak aimed to elevate the reputation of creator coins by launching his own tokens, professional snipers exploited the system for personal profit. This scenario underscores critical concerns about current token launch mechanisms and calls for more robust safeguards in the future.