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HarryPotterObamaSonic10Inu 2.0 (BITCOIN) slides after a series of sandwich attacks

The price of HarryPotterObamaSonic10Inu 2.0 (BITCOIN) has been impacted by a series of high-speed sandwich attacks, making the already volatile meme token even riskier. The attacks exploited the liquidity pool of the token through a smart contract flaw, resulting in price fluctuations. The hacker was able to withdraw $243K and benefit from the price volatility by setting up trading orders. The attack exposed the vulnerability of small and illiquid tokens to sandwich trades and highlighted the risk of unsecured liquidity pools. Despite the attack, the larger BITCOIN meme token continues to trade with unlocked pools, adding to its price volatility. MEV and sandwich attacks have slowed down for Ethereum, but smaller tokens and niche opportunities may still be targeted. Ethereum may have lost up to $1.3B in value due to these attacks.

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