Step 1: Wallet Connection & Funding #

1. Navigate to the Sniper Dashboard: After logging into your GMGN account, locate and enter the “Sniper” or “Launchpad” section. This is your mission control.
2. Connect Your Wallet: Click the “Connect Wallet” button. GMGN typically supports wallets like MetaMask, WalletConnect, or Phantom. Ensure you are connecting the wallet that holds the funds you wish to trade with (e.g., SOL for Solana launches, ETH for Ethereum).
3. Fund Your Wallet: Your sniper bot needs gas to execute transactions. Deposit a sufficient amount of the native blockchain token (SOL, ETH, etc.) into your connected wallet before the launch. Also, ensure you have the base currency (e.g., USDC, SOL) you intend to swap for the new token.

💡 Pro-Tip & Risk Warning

Gas Strategy is Key: For high-demand launches, standard gas fees won’t suffice. Familiarize yourself with “Priority Fee” or “Max Base Fee” settings on your blockchain. Be prepared to set this 2-3x higher than the current network average to outbid other bots. Warning: Setting it too high can lead to massive, unnecessary gas expenditure on failed txns.

Step 2: Bot Parameter Configuration #

1. Input Contract Address: Once the official contract address for the token is released (NEVER use addresses from unofficial chats), paste it into the “Token Contract” field in your GMGN sniper dashboard. Double-check every character.
2. Set Purchase Amount: Define the exact amount of base currency (e.g., 1 SOL, 500 USDC) you want the bot to spend. Never use your entire wallet balance.
3. Configure Slippage Tolerance: This is critical. For new, volatile launches, set slippage between 15-30%. Too low, and the transaction will fail; too high, and you risk severe price impact. Start with 20% and adjust based on tokenomics.
4. Set Transaction Priority: As mentioned, enable “High Priority” or manually input a competitive max fee/gas price.

💡 Pro-Tip & Risk Warning

The 90% Failure Rule: Understand that in a frenzied launch, even a perfectly configured bot has a low single-digit success rate due to network congestion. Your strategy should involve attempting multiple launches, not betting everything on one. Warning: Sniper bots are front-run by MEV bots. You are not guaranteed the first or best price.

Step 3: Execution & Monitoring #

1. Activate “Sniping” Mode: Enable the bot. It will now monitor the blockchain for the moment the token’s liquidity pool is created and the token becomes tradable.
2. Live Monitoring: Do not walk away. Keep the dashboard open. Watch for status updates: “Monitoring,” “Pending,” “Success,” or “Failed.”
3. Post-Purchase Action Plan: Have a plan. Will you take immediate profit (set a sell order)? Or hold? Consider setting a stop-loss or take-profit order immediately after a successful buy.

💡 Pro-Tip & Risk Warning

The Exit is Harder Than The Entry: Sniping gets you in early, but exiting at a profit requires its own strategy. Be ready to sell into initial pumps, as many early buyers will take profits, causing sharp dips. Warning: New tokens can be scams (rug pulls). The liquidity you buy into can be removed by developers, rendering your tokens worthless. Always audit the project team and contract if possible.