❌ A Solana trader paid over 200,000 $ in fees to try to snipe a new AI Memecoin.

This user bought 174 million “AI Deborah” tokens for 495 SOL ($96,000), but paid an additional so-called “priority fee” of 1,068 SOL ($207,000) to have his trade prioritized and be among the first buyers, hoping to get the best possible price.

This allowed the user to land one of the first 10 purchases of the token and recoup over 17% of the token’s supply.

Three minutes later, the user sold the entire position for just under $8,000.