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How it works?
- Market Monitoring: The bot constantly monitors the network for pending transactions that could potentially move the market.
- Transaction Submission: When the bot identifies a market-moving transaction, it submits its own transaction with a higher gas fee to be included in the next block.
- Precedence and Profit: As the bot's transaction gets processed before the original transaction, it can buy the asset at a lower price before the market moves up due to the original transaction. The bot can then sell the asset for a profit once the market has moved up.
- Efficiency: The PEPE MEV bot is highly efficient, providing users with a faster and more effective way to generate profits in the cryptocurrency, Non Fungible Tokens(NFTs), and decentralized finance (DeFi) markets.