# 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)**.** --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.bitfoot.com/trading-guides/advanced-trading/how-to-snipe-hot-new-tokens.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.