How to become the most feared sniper
The case of Naseem:
- pseudonymous
- enter crypto in the Solana ecosystem
- first money ever made comes from crypto
- watch others post insane PnL screenshots
- decide the only edge that matters is being earlier than everyone else
- start with NFTs
- use random minting bots on Magic Eden
- fail repeatedly
- hit the first real break
- mint 23 Okay Bears in the public mint
- sell them around 100 SOL each
- lean fully into automation
- move from NFTs to memecoins
- understand most of them go to zero
- buy bots
- source them from private secondary markets
- pair them with custom nodes and premium RPCs
- monitor Meteora and Raydium pools
- treat onchain leaks as public information most people can’t interpret
- pay insane priority fees
January 18, 2025
- Naseem buys in the first second
- $1.09M in
- $84k in priority fees
- immediately split the position
- funds move through intermediary wallets
- final profit: ~$109M
- Bubblemaps links wallets
- Coffeezilla amplifies it
- accusations of insider trading follow
- Naseem responds once
- says it was a public onchain leak
August 2025
- YZY launches
- Naseem is first real buyer again
- $250k in
- exits ~$800k
by October 2025
- documented realized profits hit ~$334M in 8 months
- one of the highest known PnLs in Solana
- retail tries to copy the strategy
- most fail
- fees are too high
Today
- likely still trading
- just harder to track
In memecoins, who sees the pool first, wins
