Phantom has acquired Solsniper, the AI meme coin trading platform on the Solana network.
The agreement aims to enhance token tracking and accurate trading, focusing on product diversification and accelerating development.
MAIN CONTENT
Phantom completes the acquisition of Solsniper, the AI meme coin trading platform on Solana.
Solsniper supports token tracking, wallet monitoring, and quick response in trading.
Phantom plans to expand its products and is expected to continue strategic acquisition deals.
How did Phantom acquire Solsniper and what are the main goals?
Official information shows that Phantom has acquired Solsniper, the on-chain AI meme coin trading platform on Solana. Phantom emphasizes that Solsniper is built to optimize accuracy and speed, making it easier for traders to monitor tokens and wallets while quickly reacting to market fluctuations.
The acquisition marks a clear transformation for Phantom from a simple storage wallet to a diverse ecosystem of services supporting broader cryptocurrency trading and asset management. This is also a preparatory step for future development and product expansion plans.
How does Phantom describe Solsniper in meme coin trading?
Solsniper is described as a platform that provides accuracy and speed in supporting meme coin traders on Solana. This tool helps users closely monitor tokens, track wallet movements, and react extremely quickly to new information.
This capability allows traders to keep up with trends and make effective investment decisions in the highly volatile DeFi market today. Thus, Solsniper increases the competitive advantage for both amateur and professional users on the Solana ecosystem.
Phantom is 'not just an electronic wallet, but also a comprehensive service platform that supports efficient trading and rapid development.'
Quoted by a Phantom representative, August 2023
What is the operation and development plan of Solsniper under Phantom's management?
Phantom is committed to maintaining Solsniper as an independent service on the web platform. At the same time, they will continuously update and add new features to improve user experience and trading capabilities in the coming months.
The investment strategy focused on product development along with planned strategic acquisitions is expected to help Phantom maintain its leading position in the cryptocurrency wallet and trading tool sector, expand a diverse ecosystem, and enhance the value provided to customers.
Frequently Asked Questions
What is Phantom and why is the acquisition of Solsniper important?
Phantom is a cryptocurrency wallet on the Solana network. The acquisition of Solsniper helps to expand services and enhance the meme coin trading experience using AI.
How does Solsniper support cryptocurrency traders?
Solsniper helps track tokens, monitor wallet activity, and respond quickly to market fluctuations.
What are Phantom's plans after this acquisition?
Phantom plans to expand its product line, develop additional features, and engage in further strategic acquisitions.
How will the Solsniper platform operate after joining Phantom?
Solsniper will operate independently on the web, continuing to update new features to enhance the user experience.
Is Phantom still just a wallet after this acquisition?
No, Phantom is developing into a multi-service ecosystem that supports more comprehensive cryptocurrency trading and management.
Source: https://tintucbitcoin.com/phantom-thau-tom-solsniper-tren-solana/
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