On-chain Rebound, Sniper Tool OCR Reaches New Heights with Hundredfold ROI Myth
The Monad TGE has been live on the mainnet for 3 days now, and finally last night, a 10M-level Gold Dog $CHOG appeared on this new chain.
This is a somewhat expected Gold Dog, as the Chog character is Monad's mascot. When Monad first launched on the testnet, there was a testnet NFT craze around this character, which has always been one of the most popular NFT series in the Monad ecosystem, from whitelist-only to skyrocketing.
What sets the Chog team apart is the way they released the Contract Address (CA) this time. They released it through an official tweet, but embedded the CA within an image to avoid many monitoring sniper bots.

However, this didn't deter some snipers with "black technology." @casino616 successfully sniped when the $CHOG market cap was only about $40,000, spending around $3,756 to buy about 9% of the total $CHOG supply. In the end, they accumulated profits exceeding $410,000, creating another story of a single coin achieving over a hundredfold return in the crypto world.

This successful event once again brought attention to "OCR" black technology. OCR technology, short for Optical Character Recognition, is a technology that uses optical techniques and computer algorithms to recognize and convert text in images. It can convert scanned documents, photos, books, or other text-containing images into editable digital text formats like searchable content in Word, TXT, or PDF.
Although embedding the token contract address in an image can filter out snipers who only capture tweet text content, it cannot stop snipers using OCR technology. In fact, this is not the first time OCR technology has been discussed by crypto players, particularly those specialized in on-chain token sniping.
The last time OCR was discussed was probably around Kanye West's coin release $YZY. At that time, the first sniper to purchase $YZY, Naseem, was questioned because he had also successfully sniped $TRUMP and made a profit of $109 million. One explanation was that Naseem used OCR technology to directly extract and buy any CA embedded in images without manual input.

As on-chain participants' technical skills become more advanced, the information gap has been almost eliminated. Just like in the case of $CHOG's contract tweet, everyone can see the tweet at the same time. Therefore, the key to success has become who can process information more efficiently. Eliminating the need to manually enter the token contract address can greatly reduce the cost of buying in. The level of understanding of the Monad ecosystem determines whether players dare to buy into this new token and the size of the position they are willing to take.
In a narrative-failing market environment, the difficulty of making money is indeed increasing.
You may also like

What the Tightest Part of the LALIGA Season Teaches About Crypto Trading Under Pressure
As pressure builds late in the LALIGA season, decision quality becomes the real differentiator. The same logic applies to disciplined crypto trading under volatility.
[WEEX VIP Spot Sprint] Best VIP Traders Awards: Win a Share of $100,000 in Rewards
Discover how WEEX VIP traders participate in the VIP Spot Sprint and compete for a share of the $100,000 rewards pool. Clear rules, performance-based rankings.

Massachusetts Judge Prohibits Kalshi from Offering Sports Bets
Key Takeaways A judge in Massachusetts has prohibited the prediction markets platform, Kalshi, from facilitating sports betting within…

Crypto’s Next Challenge: Privacy and the Chicken-Egg Dilemma
Key Takeaways Privacy is becoming a central issue as cryptocurrencies move into traditional banking and state-backed systems. Regulatory…

Original Content Blocked: Importance of API Management
Key Takeaways: API management is crucial in preventing disruptions due to excessive requests. Implementing effective controls and monitoring…

SlowMist Unveils Linux Snap Store Attack Targeting Crypto Wallet Phrases
Key Takeaways: A newly identified threat vector on Linux’s Snap Store exploits trusted applications to target crypto recovery…

VF-26 Unveiled: Zoomex and TGR Haas F1 Team Enter New Phase of Collaboration in 2026
Key Takeaways The unveiling of the VF-26 race car marks a new phase in the TGR Haas F1…

AI News Today: Can AI Make Blockchain Systems More Reliable in Live Crypto Markets?
Learn how AI is used in blockchain systems to detect risks, improve reliability, and support secure crypto trading in live crypto market environments.

If I Were the Founder of Kaito, How Would InfoFi 2.0 Survive?
Key Takeaways InfoFi’s collapse highlighted the dangers of relying heavily on centralized platforms. The InfoFi project faces five…

Why Can Coinbase Halt a CLARITY Act Vote with Just One Sentence?
Key Takeaways Coinbase CEO Brian Armstrong’s opposition to the Clarity Act halted a critical Senate vote, showcasing the…

South Korea considers changing the one-bank rule for crypto exchanges: An In-depth Review
Key Takeaways: South Korea is examining the current “one exchange–one bank” model amidst concerns of market concentration, potentially…

Error Occurred Due to Excessive API Requests
Key Takeaways: – Excessive API requests can result in blocked access, highlighting the importance of managing request rates…

Only KYC Can Stop Insider Trading on Prediction Markets, Messari Says
Key Takeaways KYC regulations are essential in curbing insider trading on prediction platforms but are not foolproof. Non-KYC…

US Crypto Market Structure Bill Stalled as Industry Withdraws Support
Key Takeaways: The US crypto market structure bill has faced significant delays due to disagreements among lawmakers and…

Trump Targets Fed Chair, Crypto Challenges, and MiCA Regulations
Key Takeaways President Trump has initiated criminal charges against the current Federal Reserve Chairman, alleging financial mismanagement in…

Error Handling in the Age of APIs: A Thorough Insight
Key Takeaways API requests may face rate limits leading to error messages when exceeded. Proper API key usage…

Request Limitation Issues with API Integrations
Key Takeaways: Excessive requests can lead to blocked access when interfacing with certain APIs. Effective management of API…

WEEX Crypto News and the Dynamics of API Access
Key Takeaways Managing API access effectively is crucial for seamless data extraction in cryptocurrency markets. Understanding rate limits…
What the Tightest Part of the LALIGA Season Teaches About Crypto Trading Under Pressure
As pressure builds late in the LALIGA season, decision quality becomes the real differentiator. The same logic applies to disciplined crypto trading under volatility.
[WEEX VIP Spot Sprint] Best VIP Traders Awards: Win a Share of $100,000 in Rewards
Discover how WEEX VIP traders participate in the VIP Spot Sprint and compete for a share of the $100,000 rewards pool. Clear rules, performance-based rankings.
Massachusetts Judge Prohibits Kalshi from Offering Sports Bets
Key Takeaways A judge in Massachusetts has prohibited the prediction markets platform, Kalshi, from facilitating sports betting within…
Crypto’s Next Challenge: Privacy and the Chicken-Egg Dilemma
Key Takeaways Privacy is becoming a central issue as cryptocurrencies move into traditional banking and state-backed systems. Regulatory…
Original Content Blocked: Importance of API Management
Key Takeaways: API management is crucial in preventing disruptions due to excessive requests. Implementing effective controls and monitoring…
SlowMist Unveils Linux Snap Store Attack Targeting Crypto Wallet Phrases
Key Takeaways: A newly identified threat vector on Linux’s Snap Store exploits trusted applications to target crypto recovery…