Today, I’ve got another cool video for you. I’m going to show you how to create and run an Ethereum snipping bot using AI-powered chat GPC. And guess what? It’s already making daily passive income consistently. Here’s the magic: this snipping bot keeps an eye on the blockchain, hunting for new tokens and massive price changes. With its spots and opportunity, it acts like a ninja, quickly buying or selling tokens before most traders even realize what’s happening. This gives us an unmatched advantage to cash in on those price differences. The bot’s secret sauce is its ability to find tokens just as they’re listed or when there’s a sudden price movement. It uses smart algorithms to identify these movements and boom, it makes the trades for you. So you can just sit back and watch the profit roll in.
If you’re thinking, ‘Man, that sounds way too complicated,’ don’t sweat it. It’s actually pretty easy, and you don’t even need to know any of that coding mumbo jumbo. Just stick around and let’s get this thing rolling.
Alright, let’s get started. Hey ChatGPT, write me the code for a smart contract on Ethereum to automatically hunt for snipping opportunities to earn Ethereum.
There you go, ChatGPT is running the code, and I bet it’s better than any human can possibly think of. Foreign IX is a web3 application that allows us to develop, compile, deploy, and launch smart contracts coded in the Solidity language. I’ll put a link to Remix in the description below. Make sure you have the MetaMask browser extension installed and you’re connected to the Ethereum mainnet.
If it’s your first time on Remix, it may ask you to agree to their terms. I’ve already done it. Head over to the sidebar on the left and create a new contract under the contracts folder. We’re going to name it bot.sol. Next, copy this code from ChatGPT and paste it into the bot.sol file you’ve just created. This is our snipping trading bot. I will also place this code under the description so that you can copy it if you don’t have access to ChatGPT.
For a couple of things to look at after pasting the code, in lines 50 and 51, you can follow these addresses using Etherscan. These are the addresses of wrapped Ether tokens, which we’ll be competing against. You don’t actually need to have any wrapped Ether.
Now, back to Remix. Now that our bot file is ready, let’s compile it. Click here. As you can see here, it’s built with the 0.6.6 version of Solidity. Audrey compiler. Select the 0.6.6 version so that it matches our contract. Also, make sure that the language is set to Solidity and EVM version is set to default. Now, click on the ‘Compile bot.sol’ button and wait for the bot to compile.
Now, we’re going to deploy this to our wallet. Head over to the ‘Deploy and Run Transactions’ tab in Remix. Here, you want to select the injected web3 as the environment. We need to confirm the contract on the blockchain by paying gas fees. Gas fees are the commission on the Ethereum network for smart contract deployments. Now, the deployment under utility is ready to go. Click ‘Deploy’. I always set the gas fee to high. There’s usually not much of a difference, and it puts the transaction through much faster. Now, we wait for the transaction to confirm. Sweet! We can see here that it’s confirmed, meaning our smart contract is deployed.
Now, you can see the various functions for our smart contract. ‘Start’ enables the bot to start monitoring the markets, and ‘Withdrawal’ stops the bot and transfers funds back into your wallets. The rest of the functions are not quite relevant for now.
With the smart contract deployed, fund it with some Ethereum, which will be used for trading. Make sure you get the right address. There, you can find the contract with whatever amount of Ethereum you want. But keep in mind that the more you put in, the larger the trades you’ll be able to make and potentially more profit you can accumulate over time.
Thank you! Sweet! There we go. The transaction confirms that the funds were sent to the contract. We can make sure by checking our contract address on The Ether scan. Once again, ensuring our Ethereum is in the contract. Nice! It’s got one Ethereum, which is the amount we funded the contract with.
Last step is to click ‘Start’. This will enable the bot to start sniffing the mempool to find different liquidity pairs in order for you to sandwich transactions. Let’s set the gas speed to high, save, and then click ‘Confirm’.
Guys, it’s been a little over 12 hours now, and it’s time to check the profits the bot made. So, as you can see, I have about 1.31 Ethereum, which is 31% of the profit already. I’m going to let my bot run for about another 12 hours and withdraw the profits after.
Alright, let’s see how much more we made. Nice! It’s a little over 1.6 Ethereum, so it basically took me a day to gain over half of my deposit back. That’s pretty impressive. The bot will continue to run until you click the ‘Withdrawal’ button. When you click ‘Withdraw’, the bot will stop trading and return the total Ethereum you’ve initially entered, including the profit, back to your wallet. So, let’s click it. This will charge us a little bit of gas. I’ll set it to high again and then click ‘Confirm’.
There we go! The transaction confirmed. Let’s go to our MetaMask and see what we have now. You can see the balance from the bot is already in my wallet. This is only after running the bot for a little over a day. Unreal! I’ve even had weeks where I’ve made three to six Ethereum, sometimes even more. The profits will fluctuate week to week. Guys, share your profits in the comments below. Drop a like and don’t forget to subscribe for more profitable ways to make passive income using Web3 tools.
