Imagine turning a few hundred dollars into $40,000 in just two days
That's what happened to my friend, thanks to tracking the moves of whales ๐ณ
Here's how you can do it too: ๐งต๐
That's what happened to my friend, thanks to tracking the moves of whales ๐ณ
Here's how you can do it too: ๐งต๐
I'm about to reveal 5 tools that assist you in:
โฒ Detecting hyped coins ahead of the curve
โฒ Analysis of their tokens' holders
โฒ Recognizing potential rug pulls
โฒ Find profitable big players
โฒ Follow their movements
Keep reading to learn the methods to do all of this๐
โฒ Detecting hyped coins ahead of the curve
โฒ Analysis of their tokens' holders
โฒ Recognizing potential rug pulls
โฒ Find profitable big players
โฒ Follow their movements
Keep reading to learn the methods to do all of this๐
1/โฎ First, we need to identify trendy tokens:
Our initial tool for this is @dexscreener:
Here, you'll be able to see the fastest-growing tokens. I recommend filtering at least from a $10M FDV, selecting your desired network, and sorting by 24-hour change.
Our initial tool for this is @dexscreener:
Here, you'll be able to see the fastest-growing tokens. I recommend filtering at least from a $10M FDV, selecting your desired network, and sorting by 24-hour change.
Another option is @DEXToolsApp:
Our main focus here is the 'Hot Pairs' section, where you can view which coins are in vogue right now. They are typically quite liquid.
Using these tools, we identify coins that have made many X's in order to find wallets that profited from this.
Our main focus here is the 'Hot Pairs' section, where you can view which coins are in vogue right now. They are typically quite liquid.
Using these tools, we identify coins that have made many X's in order to find wallets that profited from this.
2/โฎ @bubblemaps allows us to detect connections between wallets, determine whether it's a rug pull, and ascertain if holder analysis is relevant.
We need to avoid:
โง Large clusters to dodge wash trading, as this signifies that the investor is buying and selling tokens himself, creating artificial hype around it.
In this case, analyzing holder wallets isn't particularly useful.
โง Large clusters to dodge wash trading, as this signifies that the investor is buying and selling tokens himself, creating artificial hype around it.
In this case, analyzing holder wallets isn't particularly useful.
Wallet-splitting, i.e., dispersing large amounts of tokens into multiple wallets to attract investors.
This can also result in them selling all their tokens at once and dumping the price to zero.
It's not worthwhile analyzing buyers of such junk.
This can also result in them selling all their tokens at once and dumping the price to zero.
It's not worthwhile analyzing buyers of such junk.
A large amount of tokens across multiple wallets.
By the way, I've noticed such a pattern with the currently hyped $WFAI token.
These are likely the creators' wallets, who could also sell all their tokens in a single moment.
Don't buy this rug!
By the way, I've noticed such a pattern with the currently hyped $WFAI token.
These are likely the creators' wallets, who could also sell all their tokens in a single moment.
Don't buy this rug!
3/โฎ After you've shortlisted a number of hyped coins and examined their wallet links, we can begin hunting for smart money: ๐
The easiest way to do this is with @nansen_ai, but they operate on a paid subscription basis.
Here, you can find wallets that hold two chosen tokens at once using Overlap, and check their total profit, as well as what they earned from.
Here, you can find wallets that hold two chosen tokens at once using Overlap, and check their total profit, as well as what they earned from.
"If you don't have a subscription to Nansen, you can use @zerion instead:
Enter the addresses of the token holders' wallets, look at the balance, and track whether the transactions are profitable.
If yes, add it to your watchlist.
Enter the addresses of the token holders' wallets, look at the balance, and track whether the transactions are profitable.
If yes, add it to your watchlist.
Aim to create a watchlist of 10+ profitable whales, and monitor their transactions.
Highlight the most profitable ones, find overlaps among whales, and replicate their purchases.
Yes, compiling a watchlist will take time, but it's worth it.
Highlight the most profitable ones, find overlaps among whales, and replicate their purchases.
Yes, compiling a watchlist will take time, but it's worth it.
Make sure you don't miss my upcoming threads! Join me on Telegram now: t.me
If you loved this thread, don't forget to:
โง Follow me @nobrainflip for more exciting contentโ
โง Like, retweet, and leave a comment on the first tweet๐ค
โง Follow me @nobrainflip for more exciting contentโ
โง Like, retweet, and leave a comment on the first tweet๐ค
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