Amid the ups and downs of the market , several golden dogs emerged from the meme market. Several screenshots of meme-based deals that have achieved high returns have begun to circulate in the community, but behind the few lucky ones, there are many accompanying runners who have experienced repeated defeats.
The meme market is a field full of opportunities and challenges. In addition to luck, traders also need to have market insight, the use of technical tools, psychological quality and flexible response to changes in order to obtain satisfactory returns.
On-chain analysis tool designed specifically for memes
Among them, the ability to use tools can be improved quickly. This article has sorted out some on-chain analysis tools designed specifically for meme transactions. They are suitable for meme coins with small market capitalization and recent emergence. We hope to be useful for those who want to participate in the meme market. Provide some help.
Before reading this article, it should be noted that there are various meme countermeasures tools on the market. Some tools will focus more on maintaining the existing community and reduce their exposure on social media because they already have loyal communities. Some are just starting out and have novel functions but may lack stability, while others require dialectical analysis of the signals they provide due to a large number of users.
In addition, readers need to realize the characteristics of the meme market, that is, the trading pace is fast, high returns are accompanied by high risks, and it is not a trading field suitable for everyone to participate in. Analysis tools can only play a supporting role to minimize the probability of stepping into a trap.
Introductory gameplay: CA address analysis position chips
The most common scenario faced by traders who are new to meme is to see a new meme coin in the community and then analyze the coin from aspects such as security and chip structure to decide whether to trade it. In this scenario, things that can help include website-based tools and trading BOTs.
First is some basic information analysis.
You need to pay attention to the security of the token contract, such as whether the token is a Pixiu plate, whether the contract is open source, whether the token permission has been discarded, and whether there is a locked pool and other risk reminders. In addition, information such as the market value of the token, the number of holders, recent transactions, and the number of positions held by the Top 10 holders are also important reference indicators for judging whether the token is safe in the absence of other additional signals.
In addition, the line-finding tool GMGN provides other information on the meme currency on the webpage, such as whether the dev has run away, whether the team has paid for advertising on Dexscreener, the official Twitter account of the token and the tg community link, etc. This information depends on the situation. Different meanings are different.
In the meme market, where the pvp situation is becoming increasingly fierce, a more in-depth analysis of the token holding structure is needed. Generally speaking, the trading conditions of smart money, KOLs, and large currency holders can provide more effective information than other traders. For example, GMGN divides token traders into categories such as smart money, KOL, whales, new wallets, snipers, large currency holders, and rat positions.
In addition, some monitoring tools based on TGBOT can also provide this function. If you are looking for speed, you can first enter the CA in a group with TGBOT to check the token holdings in real time.
Observing the purchase amount, entry timing and profitability, combined with discussions on social media, can help determine what stage this meme coin has reached. The tools currently on the market have different advantages. For example, some tools will highlight the positions of KOLs and large investors.
Advanced gameplay: filter addresses to increase certainty
There are some public smart money addresses in the meme market, such as addresses with high winning rates circulated in the community, addresses marked by institutions, and KOL addresses. GMGN has marked some smart money addresses based on statistics, but the official and public marked addresses are of little reference significance, and the public KOL addresses cannot blindly follow orders. Meme players need to establish their own smart money watch lists to be better. to survive in the market. This demand can currently also be met through GMGN and other customization tools.
After seeing a meme currency with good growth, you can look for smart money from the early large currency holders, high-yield traders and early buyers. The most important thing is to judge based on the buying time. If this If the address is bought before the meme currency rises, its reference value will be greater.
Some tools are more concise and intuitive in terms of viewing, and the interactive experience is more convenient. They only provide three indicators: large currency holders, KOL and rat positions. After clicking on the address, you can immediately view the transaction operations of this address on the current token without jumping. and profitability.
After screening out a batch of wallet addresses, you need to observe the recent transactions and profitability of this wallet address. Many high-yield wallet addresses have no tracking value. It is likely that they just encountered lottery tickets after casting a wide net.
In addition, some players will search the wallet address on solsCAn and check the initial source of funds of the wallet to analyze the "group" in which the wallet is located. On meme, some smart money addresses with poor information will operate from several addresses during transactions.
Add the final selected wallet address to the watch list, and observe the transaction performance of the wallet address from time to time. When you encounter a new meme coin again, you can use GMGN's "Following" or use some tools with monitoring functions to check whether there are any. Pay attention to the wallet holding meme coins, which can be used as a reference for transactions.
Advanced gameplay: chain scanning + following orders, pursuing one step ahead of others
The trading cycle in the meme market has been compressed and measured in minutes, so speed is crucial to profit results. However, it needs to be understood that fast trading speed does not mean that there will be high profitability returns. Sufficient judgment and analysis are required. Ability as support.
Players usually compete for speed in three aspects: discovering new alpha coins (chain scanning), discovering smart money trends (following orders), and final buying and selling (trading).
Sweep chain
In terms of "sweeping the chain", GMGN and Bullx are used more.
GMGN displays the "Sniping New Coin" column at the bottom of the page. When a signal occurs, a red prompt will appear, and users can click to view it immediately. Click "New Coins" on the GMGN homepage to browse the latest token status. You can set filtering conditions on the right side, including whether there is social media, DEX position status, circulating market value and number of holders, etc. However, some users have reported that the filtering conditions sometimes do not work, and they will be used in conjunction with TGBOT officially provided by GMGN.
Bullx is a decentralized trading platform covering six networks: Ethereum, Solana, BNB Chain, Arbitrum, Base and Blast. Its unique feature is that it provides two trading methods, web and Telegram robots, with key functions such as fast trading, limit order setting, smart MEV protection, new token sorting and filtering, and Pump Fun scanner.
Users can click "chain" to choose to view only the new currency dynamics of Solana and Ethereum chains.
Click "New Pairs" to display the latest 30 tokens monitored online. The earliest token on this page is usually online 2 minutes ago. The indicators that can be viewed are token establishment time, token liquidity, market value, number of transactions, transaction volume and basic contract security reports. Bullx will highlight abnormal data to allow users to discover new alpha coins as soon as possible.
In addition, Bullx has also opened a special "Pump Vision" column, which displays the token dynamics on Pump.fun and Moonshot in three categories: new pool, internal market about to be filled, and just filled. Users can also filter tokens again under each category based on dimensions such as dev holding ratio, number of currency holders, liquidity, trading volume and market capitalization.
Judging from the feedback of community users, Bullx’s advantages are smooth interaction, outstanding advantages in viewing new coins that appear within a few minutes, and the ability to support pending order transactions. However, the disadvantage is that sometimes lags occur, and there is no smart money identification function, so only basic position structure analysis can be performed.
In terms of fees, BullX will charge a 1% fee for each transaction. If the user is registered through the recommendation of other users, he or she can enjoy a 10% fee discount, that is, Bullx deducts a 0.9% fee.
BullX also has a currency issuance plan. The second season airdrop plan is in progress. Users can receive corresponding rewards based on accumulated early bird points. Not long ago, Whales Market announced the listing of BullX (BULLX) on its Pre-Market.
Follow orders
Copying is a group phenomenon that cannot be ignored in the meme market. Many meme traders hope to grasp the smart money trading situation at the first time. Both GMGN and NFT Sniper are able to build their own watchlists.
Click "Follow" on the GMGN page to view the list of wallets you follow. Click "Activity" to display the trends of the addresses you follow in chronological order. GMGN not only provides address trends, but also displays the purchase cost of the wallet addresses you follow. , realized profits and unrealized profits.
In addition, GMGN has also set up a "Following" column at the bottom left of the page to allow users to capture smart money trends at the first time.
Some tools provide more concise feedback on address changes, giving users a more responsive experience. Some tools have some stage advantages, such as identifying more comprehensive KOL addresses.
trade
The tools GMGN and Bullx mentioned above both provide trading functions. The following pictures are the trading interfaces of GMGN, Bullx and a certain tool respectively. All three have basic custom slippage, smaller fixed amount buying, and batching. Functions such as selling have some differences in specific experience.
GMGN displays the real-time profit situation near the trading operation button, which can assist users to decide the need to sell based on the profit situation. Another tool can provide functions such as multi-wallet synchronization operations and random amount transactions within a set range, which is suitable for users with more customized transaction needs. Bullx allows users to place trading orders, but considering that the liquidity of meme trading pairs is generally not deep enough, for some meme players, the placing order function is of little practical use.
In terms of mobile transaction needs, the above tools are equipped with corresponding TGBOT services. There are also some meme players who use specialized trading bots, such as Pepeboost, Bonkbot, MaestroBots, Trojan and CAshbot.
Since using bot tools requires a layer of service fees, most memes have a small market value and are more suitable for users with small funds to participate. Therefore, players also need to make some balance considerations in terms of speed and cost.
Conclusion
In general, the meme market places higher demands on traders’ keen insights and quick reactions. Using tools can greatly improve traders' chances of survival and profit in the meme market. But learning to use these tools is only the first step.
Real success also requires a lot of time and energy to cultivate a deep understanding of the meme market. Readers need to analyze and apply it according to their own specific situations and cannot blindly copy it.
Finally, the crypto market is a high-risk and volatile market, especially the meme market. This article only provides some reference information for readers who have meme trading needs, but it cannot guarantee the winning rate of the transaction. Traders should remain fully cautious and do not make investments that exceed their risk tolerance.
