🚨 If you don't know this, you’ll lose all your money in crypto 🚨
I'm talking about token manipulations on @Dexscreener and other platforms.
Most meme coin statistics are fake.
Learn how developers create millions in fake volumes to scam you 👇🧵
This thread is divided into 2 parts:
Part ①: How devs distort token stats for profit.
Part ②: How to detect these manipulations and protect yourself.
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It starts when you visit platforms like:
• @dexscreener
• @DEXToolsApp
Tokens with the highest volume get maximum exposure, attracting retail investors.
But often, these figures are artificially inflated.
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Part ①: How it works
Here are the methods devs use to inflate volume:
➬ Individual buy/sell actions (least effective)
➬ Working with friends (moderately effective)
➬ Automating thousands of wallets (most effective)
The 3rd method is the most popular and requires:
• Servers to run scripts 24/7
• Node validators for smooth traffic
• Funds to support high transaction volumes
Public Telegram bots have made this easy.
For example, for 9 SOL, you get 1,444 wallets running 3 transactions/min.
For 60 SOL, you get 4,332 wallets at 14 transactions/min.
Setting up these bots is simple:
• Start the bot
• Enter the token address
• Pay, and boom – fake volumes!
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Part ②: How to detect this
Tools like Bubblemaps won't help since wallets are not connected.
Instead, check the token's Telegram group:
• Big volume = big engagement
• If the group is quiet, the volume is likely fake.
Check buy/sell actions on Dexscreener:
Repeated trades with the same dollar amount usually signal bots.
Telegram bots are also easier to spot, with predictable messages and profiles.
Stay vigilant, and don’t fall for the manipulation traps!