2Fast has set up a Solana-based MEV bot that captured $1.8 million in just 20 seconds by taking advantage of the mistake made by a fast trader who unknowingly bought memecoin at an extremely high price, offering perfect back running potential for this bot.
2Fast managed to earn massive gains through a MEV strategy aimed at trades on memecoin dogwifhat(WIF) the day before such unpredictable moves.
In addition, it ultimately ended up being the biggest winner from this lightning-quick escape, though other bots managed to snatch their own slice of pie as well.
MEV was captured through an execution tool created by Jib labs. This executive tool enables users to target MEV and bid on transactions they want included in Solana.
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