I made $1.5 million in 6 months with just two low-cap gems.
How?
In today's trading landscape, analyzing on-chain data is essential for maximizing profits as a DEX trader.
In this thread, I will guide you on how to leverage on-chain insights to enhance your memecoin trading strategies.
Let's get started!
A whale trader recently made a significant profit on a memecoin called $BALLZ.
You might be wondering how he did it. Well, he bought $BALLZ right after its launch for $22!
Just 3 hours later, he sold $BALLZ in 4 TXNs, each for ~$30,000.
His total profit = ~$125,000
Actually, anyone can do this by sniping memecoins at launch.
How?
① Start by identifying a promising coin before its listing:
I usually analyze X acc through @cryptotvX on Twitter
The easiest way is likely to utilize the X platform directly.
X is full of insights that can help you spot the next 1000x gems.
Keep an eye on key influencers and track their actions.
Moreover, if you follow a notable influencer, you can navigate to the "Followers you know" tab.