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On-chain warming, the sniper artifact OCR creates another myth of hundredfold returns.
Original Title: On-chain Recovery, the Sniping Artifact OCR Creates a Myth of Hundredfold Returns Again
Original Author: Cookie
Source text:
Reprinted: Mars Finance
It has been 3 days since Monad TGE and the mainnet launch, and finally last night, a 10M level golden dog $CHOG was run on this new chain.
This is a relatively obvious golden dog, as the image of Chog is the mascot of Monad. When Monad first launched its testnet, there was a wave of testnet NFTs, and this image has always been one of the hottest NFT series in the Monad ecosystem, with white lists selling out instantly.
What sets the Chog team apart this time in releasing CA is that they published it on their official Twitter, but included CA in an image, which can evade many monitoring X sniper bots.
But this is not a challenge for some “black technology” snipers. @casino616 successfully sniped when the market cap of $CHOG was only about 40,000 dollars, spending about 3,756 dollars to buy around 9% of the total supply of $CHOG, ultimately accumulating profits of over 410,000 dollars, creating another story of a single coin with a hundredfold return in the crypto world.
This success once again brings attention to the “OCR” technology, a black technology. OCR, which stands for Optical Character Recognition, is a technology that uses optical techniques and computer algorithms to recognize and convert text in images. It can convert scanned documents, photos, books, or other images containing text into editable digital text formats, such as searchable content in Word, TXT, or PDF.
Although including the token contract address in the image can filter out those snipers that only capture tweet text content, it cannot stop snipers with “OCR”. In fact, this is not the first time OCR technology has been discussed by players in the crypto space, and it is even more familiar to players specializing in on-chain token sniping.
The last time OCR was discussed, it was probably when Kanye West issued the token $YZY . At that time, the first sniper to purchase $YZY , Naseem, was questioned because he had also successfully sniped $TRUMP and made a profit of 109 million dollars. One explanation for this is that Naseem used OCR technology, which allows him to directly capture and buy any CA contained in the image without manual input.
As on-chain players acquire more advanced technologies, the gap in information access has nearly been erased. Just like this contract tweet for $CHOG , everyone can see the tweet in real-time, so who can process information more efficiently becomes the key to winning or losing. Not having to manually input the token contract address can greatly reduce the cost of buying in. The level of understanding of the Monad ecosystem determines whether players are willing to buy into this new token and how large a position they are willing to take.
In a market environment where narrative has failed, making money is becoming increasingly difficult.