Guides & Resources
Table of Contents
Sniping Flow Chart
This is our flowchart. We’ve designed it in a simplistic form, so that you can follow it along to decide which mode to use in order to snipe a token.
If you struggle to follow along, feel free to send us a message!
Useful Links and Tools
These days, honeypots and rug scams are everywhere.
We advise taking the following precautionary actions to check projects are safe before jumping into any token:
- Check the quality of the token website. Check to see if a lot of time and effort has gone into its development. If it looks good, it’s a good sign.
- Check to see if the token developers have ‘doxxed’ themselves, meaning they’ve revealed who they are.
- Don’t just look for a picture and a name as they could just be posing as another individual.
- Check to see if they’ve linked their social media pages or LinkedIN. Explore these pages and judge how authentic they look.
- Search the developer’s name on Google and see what useful info you can find.
- Check the token Telegram group
- Check to see how many members there are in the group. If the group shows a lot of them are online, it most likely means they’re real members and not just bots.
- Check how active the chat is. If people are freely talking and discussing, it’s a good sign.
- If the chat is muted, with only admins and mods talking, it’s generally a bad sign.
- If the token contract has been released, use our ‘Tools‘ section to scan the contract. These tools will make you aware if there is any fishy code in the contract.
Below are a few subreddits which we use to find potential gems to snipe. We’ll continue adding to this list over time.