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max bid, proxy bid. whatever. newbie in need of help. my auction ends tomorrow

Suppose the following:
my “MAX SNIPING BID” is $100 US,
And the auctions current price is 50.00, and the minimum bid increment is 2.50

Does that mean the auctionsniper server will place a bid of $52.50, or $100? taking into account that no-one else bids, and i am not the current high bidder
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