Most traders deal with memecoins using the most popular tools.
However, aside from the well-known ones, there are many other tools available, such as trading bots, on-chain scanners, analytical tools and so on.
To avoid ultimately losing real alpha, you should consider exploring other tools for successful trading.
I've found a new tool that helps quickly track and analyze memecoins on multiple networks at the same time.
The GMGN platform provides traders with signals, money flow analysis, and tracks smart wallets.
Since this platform is still not widely known, many people don't know how to benefit from it.
But I've done some research on the GMGN app, and now I will tell you!
1/ First, I suggest you explore the website.
Head to https://gmgn.ai/?ref=alphabatcher
I recommend that you sign up so you can make the most of the app: analyze your portfolio, track smart wallets, and more.
Next, you'll see a list of tokens. There are filters and various settings available.
2/ Let's set up the filters.
I spent a lot of time to find working filters, here they are:
• Age: 12H
• Min Liquidity: $40K
• Min Volume: $100K
• Market Cap: $100K
• Min Holders: 400 24H
• Volume: >$100K
3/ In addition to the standard filters, you can set up additional and more profitable ones.
Turn on the Degen Audit filter to activate the NoMint and Blacklist options.
Set the percentage of burnt liquidity and the concentrated supply.
The DEV filter. It will help you check whether the developer bought, sold or burned tokens.
4/ After you have set up the filters, you'll see those most valuable gems.
Start by checking the verified transactions from Smart, KOL/VC, and Whale.
Next, check the DEV and Insiders transactions. If insiders accumulate, the token is likely to rise soon.
And finally, look at the Fresh and Snipers transactions. Generally, the fewer transactions from these groups, the better.
5/ Let's use another useful feature to analyze token holders.
Go to the BlueChip section. Pay attention to how many real token holders also have the token you're interested in.
Next, go to the Holders section. Check how much capital they have and who made each transaction.
6/ You should check the top holders more closely.
• PnL
• Win rate
• Number of tokens traded
• Also, tokens with organic holders with diamond hands.
All these are very important for your successful trading.
7/ Remember that scammers are very smart, right?
Well, after such a thorough research, you should go to a few websites to be convinced definitively:
- @Rugcheckxyz
- @bubblemaps
- Social media: TG channel and Twitter
Well, when you have checked it all and made sure that there is no trick, quickly start trading.
Remember that it is better not to dump all your money in one coin, try different ways, and carefully check everything.
Good luck in finding hidden gems!
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