Crypto investor loses big after spending $113K in gas to snipe token launch

In a daring move indicative of the fervor surrounding cryptocurrency markets, a crypto investor recently made headlines by spending a staggering $113,000 in gas fees to snipe the launch of a new ERC-404 token. The investor, aiming to seize an opportunity in the rapidly evolving landscape of crypto assets, transferred 10 ETH (approximately $26,000) to