What does Snipe means?

Used when someone buys a rare NFT at a price below its actual value. Essentially, it means a profitable deal on an NFT. Someone might say they “sniped” an Okay Bears, for instance. Some NFT collectors take sniping as a job of finding rare NFTs listed far below their original value. Sniping is typically a competition among NFT traders since the fastest hand wins.

Collectors sometimes resort to bot-sniping to find these rare treasures. Examples of such bots are the NFT Rarity Sniper Discord Bot announced by @DeGodsNFT.


Here are some usage examples of “snipe” from Twitter:

  1. This tweet by @Chris_NFToken:
    Any good? Just a bit overwhelmed from all those tons of new projects every day… But yeah had to snipe this coral crown 4 sure!

  2. “What a snipe.”

Random Slangs


A combination of meat (flesh) and space (habitat); describes the physical world. It’s the opposite word of cyberspace. Examples “The metaverse can never be like


It’s a cryptocurrency scam where all project owners pull out all resources, including investors’ funds— it usually happens after everyone interested in the project due


Derivatives are secondary contracts that inherit their value from an existing or underlying one. Examples of derivatives include crypto Options, Swaps, Futures, Forward, and many


It’s used jokingly as an alternative career to a failed NFT investment. The NFT community uses it comically as the career option to fall on

Open editions

These are NFTs offering an unlimited number of mints within a specified time frame. As opposed to limited editions, collectors can mint as much as

Menu Close