Original | Odaily Planet Daily (@OdailyChina)
Author | Nanzi (@Assassin_Malvo)
"Another large MC memecoin has surged a hundredfold tonight," "I missed a tenfold gain by taking a nap," have you ever had such experiences? Large MC memecoins always attack when you're not around, and by the time you react, the market cap has already exceeded eight digits. So, when are large MC memecoins most prevalent? Do you have to be online during this period to have a chance? Odaily Planet Daily will review this in the article.
When do large MC memecoins appear?
We first take the Tokens ranked in the top thousand by market cap from Pump.fun as the research objects, and obtain the Token creation time points as follows. Where the creation time point of 0 is equivalent to the Token being created between 0:00-1:00 Beijing time, and the subsequent ones are in sequence. From this chart, it is clear that after 9 pm, the frequency of large MC memecoins jumps from 2% to 4%, and continues to rise, reaching a peak between 3 am and 6 am, then falling back to 2%-3% during the day.
To verify that this rule is correct, we expanded the research objects, adding Tokens in the TOP 200 and TOP 2000 by market cap, and added bar charts for a more intuitive presentation. It can be seen that for Tokens in the TOP 2000, the frequency of large MC memecoins also starts to increase significantly after 9 pm, and also dominates from 3 am to 6 am.
Is there still a chance if you miss the night?
Hunting large MC memecoins at night is difficult for most users, so if you miss the first wave at night, is there no chance left? The author counted the time interval from the creation of the TOP 20 Tokens to the first peak, and the results are shown in the figure below. It takes an average of 52.7 hours for the Tokens to reach the first peak, while it takes an average of 58.7 days to reach the current TOP 20 position, so even if you miss the opening, there is still ample time to get on board in the middle.
(Note from Odaily Planet Daily: The time of the first peak is obtained through the author's subjective judgment, as there is no objective statistical method. It is usually the turning point where the price drops more than 50% after a continuous rise, or the inflection point where the price rises more than 100% in one hour and then stabilizes.)
Data Source
The market cap ranking of Pump can be obtained through the front-end API, which includes more than ten items of information such as Token address, symbol, creation and end time. For TOP Tokens, this API can be used to obtain the information.
For Tokens not in the ranking, the creation time can be queried through the front-end API, where the last trade is the dev's first buy trade, and the creation time of the Token can be obtained from this trade.
