Hey everyone, so today I've got an exciting video for you. I'm going to show you how to create and run an Ethereum sniping bot. using AI-powered ChatGPT, and guess what? It's already earning me daily passive income consistently.
Now, here's the magic. This sniping bot monitors the blockchain for new tokens and significant price changes, and when it detects that opportunity, it acts swiftly, buying or selling tokens before most traders even notice. This gives us a significant increase advantage to profit from these price differences, and the bot's secret is its ability to identify.
identify tokens as they're listed or during those sudden price movements using smart algorithms to make the trades for you so you can sit back and watch the profits just really roll in so if you're thinking hey man that sounds too complicated don't worry it's actually pretty easy and you don't need to know any coding just stick around and hey let's get started let's dive into this here first ask chat GPT to write the code for a smart contract on ethereum to automatically hunt for sniping opportunity to earn a theory there you go chat GPT is writing the code and I bet it's better than any human code can even come up with next let's head over to remix it's a web3 application that allows us to develop compile deploy and launch smart contracts written in solidity Now, I'll put a link to Remix in the description below, but you have to ensure to have the MetaMask browser extension installed and connected to the Ethereum mainnet. Now, if it's your first time on Remix, you might need to agree to their terms. I've already done that here, so go to the sidebar on the left and create a new contract under the contracts folder.
We'll name it bot.sol, copy the code from ChatGPT, and paste it into the bot.sol file. This is our snipe trade. And I'll also place this code in the description so you can copy it too. Check lines 50 and 51 after pasting the code, you can follow these addresses using etherscan and these are the addresses of wrapped ether tokens you'll be competing against.
But you don't actually need any wrapped ether. Now perfect, it's the official wrapped ether address. It's always good to check. Back to Remix. Now that our bot file is ready.
Let's compile it. As you can see, it's built with the 0.6.6 version of Solidity. Under Compiler, select the 0.6.6 version to match our contract.
Make sure the language is set to Solidity and the EVM version to default. Now click on the Compile Bot.Sol button and wait for the bot to compile. Next, we will deploy this to our wallet.
Go to the Deploy and Run training. transactions tab in Remix. Select the inject web3 environment.
We need to confirm the contract on the blockchain by passing gas fees. You know gas fees are the Commission's on the Ethereum network for smart contract development. Now the deployment is ready to go, click deploy. I always set the gas fees too high and it usually doesn't make much difference and processes that transaction faster. Now we wait for the transaction to confirm.
Great, it's confirmed. Our smart contract is deployed. Now you can see the various functions of our smart contract.
Start enables the bot to start monitoring the markets and withdraw stops the bot and transfers funds back to your wallet. The rest of the functions are not quite relevant for now.. With the smart contract deployed, fund it with some Ethereum for trading.
Make sure you have the correct address, you can fund the contract with really any amount of Ethereum, but remember, the more you invest, the larger the trades and potential profits. Excellent, the transaction confirms that the funds were sent to the contract. You can verify by checking your contract address on Ethereum, ensuring our Ethereum is in the contract. Nice, it shows 1 Ethereum the amount we funded the contract with.
The last step is to click start, which will enable the bot to start scanning the mempool for different liquidity pairs to sandwich transactions all right set the gas speed to high save and click confirm All right. It's been a little over 12 hours. Let's check the bot's profits.
I have about 1.31 Ethereum, a 31% profit already. I'll let the bot run for another 12 hours and then withdraw the profits. Nice. It's a little over 1.6 Ethereum, so it took me a day to gain over half of my deposit back. But hey, that's pretty impressive.
The bot will keep running. until you click the withdraw button and when you click withdraw the bot will stop trading and return the initial ethereum plus profit back to your wallet so let's click it this will charge a small gas fee i'll set it to high again and click confirm done the transaction is confirmed let's check metamask and the balance from the bot is already in my wallet and this is after running the bot for just over a day super unreal you know i've even had a week where I've made 3-6 Ethereum, sometimes even more. The profits will vary week to week so share your profits in the comments below, drop a like and do not forget to subscribe for more ways to make passive income using the Web3 tools.