Recently, I compiled a set of practical methods for using on-chain data tools, specifically targeting the fast-paced gameplay of memecoins.
Want to seize early opportunities? You must master these tricks:
First, let's talk about sniping techniques—monitor both on-chain data and Twitter trends simultaneously; information asymmetry equals money. Noticed a certain narrative starting to gain traction? Immediately search for projects with the same name; you can usually find several copycat projects and pick the one with the strongest fundamentals.
Next is following the right people. Filter out a few traders with impressive track records—their portfolio movements are key indicators. Missing out on the top project isn’t scary; once market sentiment heats up, the second or third in line can still yield profits. The key is to judge how long the sector's hype can last.
There’s also a secret move—track the on-chain actions of those smart wallets. Watching when they enter positions and how they scale in is way more effective than fumbling around on your own.
Tools like GMGN integrate all these features, and paired with a TG bot, you can react within seconds. But remember, tools are just aids; ultimately, your understanding of the market is what matters most.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
19 Likes
Reward
19
5
Repost
Share
Comment
0/400
GasFeeSobber
· 12-06 10:08
Following the right person is brilliant, but to be honest, most people end up following scammers and get scammed before they even realize it, haha.
View OriginalReply0
GreenCandleCollector
· 12-06 03:53
Following smart money with this strategy is really brilliant; the only worry is reacting too slowly and getting rekt.
View OriginalReply0
SundayDegen
· 12-06 03:50
It's really true about following the right people. Sometimes watching the moves of a particular whale's wallet is more useful than analyzing things yourself for half a day... But honestly, most people can't actually tell who is real smart money and who just got lucky.
View OriginalReply0
BlockchainGriller
· 12-06 03:36
Following the right people is indeed crucial, but those who truly make money usually won't reveal their portfolio movements for you to see.
View OriginalReply0
StealthMoon
· 12-06 03:30
What you said about following the right person is absolutely true, but honestly, most of the traders people follow are also just trying to profit off others. It’s really just a matter of who’s faster at it, haha.
Recently, I compiled a set of practical methods for using on-chain data tools, specifically targeting the fast-paced gameplay of memecoins.
Want to seize early opportunities? You must master these tricks:
First, let's talk about sniping techniques—monitor both on-chain data and Twitter trends simultaneously; information asymmetry equals money. Noticed a certain narrative starting to gain traction? Immediately search for projects with the same name; you can usually find several copycat projects and pick the one with the strongest fundamentals.
Next is following the right people. Filter out a few traders with impressive track records—their portfolio movements are key indicators. Missing out on the top project isn’t scary; once market sentiment heats up, the second or third in line can still yield profits. The key is to judge how long the sector's hype can last.
There’s also a secret move—track the on-chain actions of those smart wallets. Watching when they enter positions and how they scale in is way more effective than fumbling around on your own.
Tools like GMGN integrate all these features, and paired with a TG bot, you can react within seconds. But remember, tools are just aids; ultimately, your understanding of the market is what matters most.