Some people may be able to make millions of dollars from PEPE with just a few hundred dollars of investment.
However, ordinary people like you and me never saw the emergence of PEPE until it was already as high as it could not be, and then it dived. If you entered the market later, you would become a leek at their mercy.
So how can we find these coins before they are about to be pumped?
I found a free tool that does this, and I'm going to show you a simple three-step process on how to use it. And if you're patient enough to read through the next six or seven minutes, I'm also going to teach you a tool that will really improve your ability to find new alpha projects.
PEPE turned people into real millionaires in a matter of weeks. So, how do we find these coins?
The answer is, you can’t find it. No matter how good you are at fundamental analysis, these coins won’t show up in any fundamental analysis. So what can we do?
We need to identify those people who have inside information and are buying these tokens before the general public even hears about it.
If we can track these wallets, then we may be able to do something very special. Now, what we do is: First, we go to CoinMarketCap and select PEPE (or any coin you want. Think of a coin that has seen a big increase in the past few months). We hope to find someone who knows more than us.
As far as I know, Pepecoin had an incredible rise between April 27 and May 6. In just one week, its price increased by 1,000 times. And about a few days before the price increase, the price of PEPE was quite stagnant and went sideways. So, what do we need to do?
So, what do we need to do? We need to go back a few days before the surge and copy the Ethereum contract address from here. You can look for any Ethereum-based token in the top 50 that has experienced a significant surge. Copy its contract address.
Then go to the data analysis tool Token Analyzer. Here, paste the token address where needed and the number of days before today (here we are looking at 4/25/23, which is 226 days ago). We are searching for data near the bottom before the pump. Select the Ethereum chain and hit enter.
As shown in the image, 243 wallets were created today, with a total of 295,205 new wallets. When looking at coins that are already booming, pay attention to the number of wallets being created. If you see a high number of wallets being created, it is likely too late to invest.
Now moving down to the “Top 100 Trades by Estimated Profit” section, we are going to ignore the top trades from MEV bots that participated in front-running activities. Instead, we are going to look for contract addresses associated with real people. We should be able to find examples of wallets that made a decent profit but didn’t necessarily stick around for the entire pump.
On April 30, one of the top wallets earned $5.251 million.
If we go back to CoinMarketCap, we see that April 30th was right before the rally. This person knew something that others didn’t know, and they took profits at the right time. This shows the power of smart money. Click on the wallet address to see if it’s a Mev bot. As shown in the picture, it’s a real person.
To further analyze the wallet’s holdings, you can use Debank, another very useful free tool.
Paste the person's wallet address in and you can see the current holdings of the wallet. While this person made $5 million on PEPE, here are the coins they currently hold in their wallet. Although the amount may not be a lot, you can keep an eye on this wallet, monitor the strategy, and invest in some tokens.
Down below, you can see all of these assets. So what we can do is create an account and then set up a notification bell.
That way, every time he makes a trade, buys or sells, my phone will get a notification. For example, if he buys PEPE, I’ll know right away. If the wallet you’re tracking has a large investment in a coin you’ve never heard of, it’ll at least be brought to your attention, which is worth considering.
Something else we can do on debank is to look at the “whales” section to be comprehensive.
You can find out what the big companies hold from the list. They may not have anything particularly risky given the market conditions. But from now on, follow the big money because they will let you know about opportunities that you would never know.
Now, if you’ve made it this far, I’m going to show you another really useful trick –
On the dune.com website, you can search for VC trackooor in the upper right corner and click on the first one. You can see "Venture Capital", which represents large sums of money to buy various projects.
In this section, you can find venture capital portfolios - these are large companies that buy projects. Most importantly, you can see the latest balances of these venture capital firms. Balances range from a few million dollars to hundreds of millions of dollars. You can also view their 30-day balances.
Looking at the performance of one of the companies, Wintermute Trading, it's up 40% in the last few days. Let's look at its portfolio. The total portfolio value is $45 million. The most important thing here is that you can see what they currently hold.
Keep in mind, however, that these levels of investing may be beyond your current ability to manage, but the insights gained from tracking these large companies are invaluable.
So what we learned today is that in the dynamic space of cryptocurrency investing, stories of massive gains and missed opportunities highlight the need for innovative strategies. In the process of discovering high potential coins, we need to navigate the mystery of early adopters and smart money.
By revealing the tools and techniques to monitor wallet activity, track venture capital participation, and follow the footsteps of those with inside information, this article provides a glimpse into the world of cryptocurrency wealth in the making. With these unconventional strategies, investors can redefine their investment approach and position themselves to capture the next wave of explosive growth before the rest of the world realizes what’s building in cryptocurrency.
If you enjoyed this article and want to learn more about cryptocurrency, please follow our updates and explore this evolving space with us. May your future journey be well rewarded, and remember to share your insights and experiences with us. Thank you for reading, and I wish you the best of luck in the world of cryptocurrency!
