Solana trading glossary
What are snipers in crypto?
Also called: Sniper bots, Sniped launch
Wallets, usually bots, that buy a new token in its first blocks of trading so they can sell to the buyers who come after.
Sniper bots watch for new pools or launchpad tokens and buy the moment trading opens, often paying high priority fees to land first. Some are independent traders; some are run by the launch team itself, in which case they overlap with bundles and insiders.
Sniping is not a scam by itself. It is a sign of who got in cheapest. A launch where snipers took a large share of supply has a lot of low-cost tokens waiting to be sold, and they are usually sold quickly.
Why it matters before you trade
If snipers still hold a big share, expect heavy selling on any rally. If they have already sold, that supply has moved to later buyers, which is usually healthier. Either way, knowing who bought in the first minute tells you more about a fresh token than its chart does.
How NAVI shows it
NAVI does not label wallets as snipers or show when each holder bought. What it shows is where early supply ended up: the rug check's top-10 share tells you how much the largest wallets still hold, and the bubble map groups large holders that share a funding wallet or have passed the token between them, which is common when one party snipes through several wallets.
Related terms
- Bundled supplySupply bought at launch by one party through many wallets at the same moment, so the holder list looks spread out when it is really one position.
- Insider walletsWallets connected to a token's team or launch, usually funded by the creator or buying before the public, that hold supply at a cost ordinary buyers could not get.
- Bonding curveA pricing formula a launchpad uses to sell a new token before it has a normal pool. When the curve fills, the token graduates and its liquidity moves to a DEX pool.
Last reviewed 2026-09-25. NAVI is informational only and nothing here is financial advice.