According to The Data Nerd, a smart money trader identified as FX7WH achieved a remarkable x76 return on investment by executing a sniping strategy on the $APY token. This trader swapped 44.55 $SOL, approximately valued at $9,800, for 23.69 million $APY tokens just two seconds after the token's launch. Subsequently, the trader sold all the acquired $APY for $749,000, realizing a profit of $739,000. This case highlights the potential profitability of rapid trading strategies in newly launched tokens.