Bots Earn $1.3 Million from Base Creator’s Token Launch

Two snipers earned over $1.3 million during the release of the meme coin JESSE.

Two snipers garnered over $1.3 million in profit during the release of the meme coin JESSE by the founder of the L2 network Base, Jesse Pollak. This was reported by analysts at Arkham Intelligence. 

SNIPERS MADE $1.3M ON JESSE POLLAK’S CREATOR COIN

When Jesse Pollak launched his creator coin today, 500M tokens (50% of supply) were put into the liquidity pool. In the SAME BLOCK, 261.7M tokens (26% of supply) were bought instantly.

The top snipers profited $707.7K and… pic.twitter.com/5n3tgKTcod

— Arkham (@arkham) November 20, 2025

During the release, 500 million coins—half of the total supply—were placed in the liquidity pool. Within the same block, buyers using automated software acquired 261.7 million tokens.

As a result, two users earned $707,700 and $619,600. One of them spent $191,000 to purchase 7.6% of the total JESSE issuance and additionally paid the Base sequencer over $44,000 in priority fees to ensure an advantage in executing the transaction.

After selling the remaining tokens, the trader secured a profit of $600,000.

Technological Foundation

The Flashblocks system played a key role in the snipers’ operation—a feature implemented in the Base network in July. It reduced block creation time from two seconds to 200 milliseconds.

This mechanism allows automated bots to:

• detect the token release transaction as soon as it appears in the first flash block;
• immediately send purchase orders with increased fees;
• ensure the execution of these orders in the next microsegment. 

As a result, both the token release and its purchase transactions occur within the same on-chain block.

Why Does Pollak Need a Meme Coin? 

The creator of Base announced the launch of JESSE in November. The coin is not associated with Coinbase or the L2 network. 

$jesse launches at 25:11:20:09:00PST

— jesse.base.eth (@jessepollak) November 19, 2025

“This is a token for cultural leisure, more of a collectible than an investment. It does not confer ownership rights or any claims, and it should not be purchased with profit expectations,” Pollak explained in a separate video. 

He emphasized that as a content creator, he has faced the “imperfections of existing systems” for years, where authors do not own their works, can be blocked at any moment, and do not receive a fair share of the value created. 

New solutions in the form of content creator tokens should address this issue, according to the Base founder. 

“The tools are not perfect yet. The best way to improve them is to start using them. I will test Base’s new developments on myself, see what works and what doesn’t,” he added. 

Pollak also pointed to the persistent stigmatization of creator tokens and expressed hope that his personal example might attract other authors to Web3. 

Since its launch, JESSE has increased in value by over 400%. Its market capitalization has reached $17.7 million, with a daily trading volume of $24.8 million. 

Back in April, Base launched the content coin Base is for everyone, whose price surged and then plummeted. The community criticized the project.