Snipe did not work

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Hello,
I have an issue that I was hoping I could get help with. I added a snipe on an item and made my max bid $4337. After the auction was over, not only did I lose the auction, but the person that won ended up bidding for $3029. Why is that? I thought I did everything correctly in order for this snipe to work but apparently not.
jul***_62
Hello Julian,
Thank you for your question about this snipe. When we placed your snipe, eBay returned the error, "This Token has been revoked by App." You need to go to BidSlammer Preferences and renew your authorization.
Authentication can only be revoked by from your "My eBay" page:
My eBay > Account tab > Site Preferences > Third Party Authorizations > Show
We hope we have resolved this to your satisfaction. Please advise if we can help with anything else.
bidslammer