Solana MEV Bot Gains $1.7M Profit From Single Memecoin Trade

The maximum extractable value (MEV) bot, which operates on Solana, amassed an astounding $1.7 million from a single dubious transaction involving a trader who acquired memecoin Dogwifhat (WIF) for $9 million “in the most inefficient way possible.” According to Solscan data, the maximum extractable value (MEV) bot, which was operated by 2fast, exchanged 703 Solana […]
