How I Turned 1 SOL into 86 SOL by Copying Insider Trades 🔥

Did insiders make millions on memecoins? Yes.

Can you track them and copy their trades? Absolutely.

In just a few days, I managed to turn 1 SOL into 86 SOL by following insiders. Here's a SECRET guide to finding those 5-100x hidden gems that everyone else is missing. 🧵👇

Why Memecoins?

Memecoins are famous for their volatility and unpredictability, making them the top narrative in this cycle. They have the power to turn a mere $60 into $60,000 in a short span. But the key to success is either having insider information or being extremely experienced.

We'll focus on the insider strategy. 😉

Before You Begin:

⚠️ Remember these basic trading rules:

- Use risk management: Only invest what you can afford to lose.

- Analyze tokens: Research before diving in.

- Avoid FOMO: Don’t buy into hype without proper analysis.

Step 1: Find the Best Traders

We're going to use @dexscreener to identify successful traders.

1. Choose a popular token: Start with one that has at least a $50-100M market cap.

2. Check “Top Traders”: Look for the traders with the best PNLs.

Step 2: Analyze Wallet Performance

Once you’ve identified a successful wallet, let's dig deeper:

1. Head to @birdeye_so: Paste the wallet address in the search bar.

2. Analyze Trades: Examine each deal to determine the wallet’s win rate.

Step 3: Confirm Profitability

The final step before you start copying trades is to confirm that the wallet is indeed profitable.

1. Return to @dexscreener: Find the token where the wallet took a position.

2. Use the “Maker” tab: Paste the wallet address to check their involvement in profitable trades.

Insider Wallets to Track:

Here are three insider wallets that have made significant profits in just three months:

Wallet 1:

- Address: 69ngexW9UkgRp5KFjLpaK9XNSCxUFmps6jYmqhK3q6m9

- 3 Months PNL: +$1.6M

- 3 Months Trades: 761

Wallet 2:

- Address: DKgvpfttzmJqZXdavDwTxwSVkajibjzJnN2FA99dyciK

- 3 Months PNL: +$420k

- 3 Months Trades: 3045

Wallet 3:

- Address: 3HRospuJFML9mDRYGvtr7Bw2Gewzd8bPPZzAy6Yqcm1T

- 3 Months PNL: +$262k

- 3 Months Trades: 1329

Conclusion:

With this guide, you'll be well-equipped to track insider trades and potentially replicate their success. Remember, all it takes is finding just ONE good wallet, and your crypto journey will become a lot easier.

Happy tracking and trading! 🚀