> For the complete documentation index, see [llms.txt](https://docs.bitfoot.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bitfoot.com/trading-guides/advanced-trading/how-to-snipe-hot-new-tokens.md).

# How to Snipe Hot New Tokens

Sniping new tokens at launch can be highly rewarding, but it requires speed and precision. Bitfoot's sniping tools are optimized to capture these early entry opportunities.

### What is Token Sniping? 

* Token sniping is the practice of buying a new token at launch in order to capitalize on the initial price spike. This strategy is risky, as many new tokens experience high volatility, but it can be profitable with the right tools and settings. 
* You'll need to find a contract address for the token before it launches.

## How to Find Contract Addresses for Sniping

## **Setting up sniper on Bitfoot**

Follow our [**Auto Sniper setup guide**](/bitfoot-bot/solana-trading/auto-sniper.md)**.**