An address spent $40,000 to "snipe" the opening of the jesse token and made a profit of about $1 million.

ChainCatcher reported that 0xAA, founder of WTF Academy, revealed in a post that the jesse token issued by Base co-founder Jesse was sniped by a "scientist" at launch. One address used 67 ETH to purchase 7.6% of the total jesse tokens, becoming the first address to buy jesse tokens, with gas fees alone reaching $40,000.

The average cost of their holdings corresponded to a market value of $2.4 million. Subsequently, after the market value of jesse tokens exceeded $10 million, the holdings were sold off, resulting in a profit of approximately $1 million.