A sniper bot is a type of automated trading software used primarily for executing trades in the cryptocurrency market. Its main purpose is to buy newly listed tokens at the moment they become available, often just fractions of a second after they launch.These bots operate by analyzing market data and using complex algorithms to identify profitable opportunities. When a new token is listed on an exchange, the bot quickly places a buy order, aiming to acquire the token before prices increase due to high demand.Sniper bots can provide users with a competitive edge, especially in fast-moving markets where speed is critical. However, they also carry risks, such as potential losses if the token’s value drops or if the bot is poorly configured.Some users may face ethical considerations, as the use of sniper bots can lead to unfair advantages over regular users. This can create market imbalances, impacting how fairly new tokens are distributed among participants.