Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
On-chain Rebound, Sniper Tool OCR Reaches New Heights with Hundredfold ROI Myth

On-chain Rebound, Sniper Tool OCR Reaches New Heights with Hundredfold ROI Myth

BlockBeatsBlockBeats2025/11/27 09:19
By:BlockBeats

What Kind of Black Technology is OCR?

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.


On-chain Rebound, Sniper Tool OCR Reaches New Heights with Hundredfold ROI Myth image 0


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.


On-chain Rebound, Sniper Tool OCR Reaches New Heights with Hundredfold ROI Myth image 1


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.


On-chain Rebound, Sniper Tool OCR Reaches New Heights with Hundredfold ROI Myth image 2


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.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Solana News Today: SEC Blocks Staked SOL ETF, Highlighting Ongoing Tension Between Crypto Innovation and Regulatory Oversight

- SEC blocks Staked SOL ETF, reflecting regulatory scrutiny of staking mechanisms in crypto markets. - Solana ETFs saw $53M inflows on Nov. 25 but faced $8M outflow days later amid market volatility and declining on-chain activity. - VanEck withdraws BNB staking plans, citing SEC risks after recent guidance raised legal uncertainties over staking as an investment contract. - Regulatory ambiguity creates fragmented crypto ETF landscape, with Solana trading near $140 as key price threshold amid mixed technic

Bitget-RWA2025/11/29 08:00
Solana News Today: SEC Blocks Staked SOL ETF, Highlighting Ongoing Tension Between Crypto Innovation and Regulatory Oversight

Zcash Latest Updates: ZEC Faces $380 Test—Will Grayscale’s ETF Halt the Decline?

- Zcash (ZEC) tests critical $380 Fibonacci support as price falls below $480, triggering bearish technical signals like a double-top pattern. - Grayscale's proposed Zcash ETF (ZCSH) aims to institutionalize ZEC access but risks amplifying volatility if demand exceeds supply. - Fed's cautious rate-cut projections and declining on-chain activity (open interest, volume) highlight tension between macro optimism and weak near-term fundamentals. - Templar Protocol's ZEC-native lending feature enhances DeFi util

Bitget-RWA2025/11/29 07:26
Zcash Latest Updates: ZEC Faces $380 Test—Will Grayscale’s ETF Halt the Decline?

Bitcoin News Update: Ark Invest Makes Daring Moves in Crypto and AI Despite Market Slump

- Ark Invest spent $88M on crypto assets in November 2025, defying market declines by buying undervalued tech/crypto equities. - Major purchases included $25M in Coinbase , Circle , and Block shares, now holding 5.22% of ARKK's portfolio. - CEO Cathie Wood contrasted current AI/crypto growth with past bubbles, viewing downturns as strategic buying opportunities. - The firm also invested $56M in Alphabet and $29.4M in AI firm CoreWeave , emphasizing sector readiness over speculation. - With Bitcoin near $87

Bitget-RWA2025/11/29 07:10

FCA's Crypto Sandbox Strives to Foster Innovation While Safeguarding Investors

- Coinbase and Kraken join UK FCA's crypto sandbox to test new disclosure rules, aiming to boost transparency and align with global standards. - FCA's 2026 roadmap mandates detailed risk assessments for unbacked crypto, stablecoins, and tokenized assets, with Eunice developing compliance templates. - U.S. regulators and banks like U.S. Bancorp parallel efforts, testing stablecoins and emphasizing structured oversight to mitigate depegging risks. - Coinbase's regulatory engagement spans FCA, SEC, and global

Bitget-RWA2025/11/29 07:10
FCA's Crypto Sandbox Strives to Foster Innovation While Safeguarding Investors