Written by: NingNing
Once you enter the MeMe coin, it’s like a deep ocean. After 48 hours of PVP on the chain, your consciousness gradually becomes blurred, as if you have suddenly fallen from the phenomenal world that follows the logic of cause and effect into the subconscious realm dominated by uncertainty. Your rationality is crushed back and forth by the market, and your self becomes weak, helpless and confused. You feel terrible all over.
According to Dune dashboard data, 2zBoK currently launches ~25,000 meme coins per day, and ~400 can be successfully listed to DEX every day, with a launch success rate of ~1.63%. According to my brief experience, only a small percentage of the ~400 MeME coins that were successfully launched can break through the $1M market value barrier. Even if they are lucky enough to break through the $1M market value, the normal life cycle of most MeME coins is only 48 hours.
From the above data, we can see that meme coin transactions are closer to gambling on the spectrum from gambling to investment. However, unlike the dice, game machines, Crash, thousand-fold contracts and other gameplay of the previous generation of on-chain gambling, MeMe coins are more addictive due to the uncertainty of rewards (unpredictable odds).
Moreover, the market value of MeMe coins and the unrealized profits of accounts are actually a modern financial sleight of hand. The static actual extractable value of all holders of a MeMe coin is only equal to 1/2 of the pool value.
I have statistically analyzed the latest 24-hour hot meme token pool - market value data, and the pool/market value ratio distribution is as follows:
Very high ratio (>100%): 5 projects
High ratio (50-100%): 12 projects
Medium ratio (20-50%): 28 projects
Low rate (<20%): 15 projects
The mainstream pool/market value ratio is between 30% and 60%. That is, the static actual extractable value of all holders of these popular mem coins is only 15% to 30% of their market value.
Of course, unless there is an extreme risk event, it is generally not possible for all holders to run at the same time. Holders can dynamically exit from the active market status after paying the comprehensive transaction costs such as gas fee + priority fee + slippage.
For all the above reasons, the trading model of meme coins is very different from other markets. As a newbie who has just entered the meme coin battlefield, instead of spending a lot of time, energy and money to learn and train our own meme coin trading framework, it is better to adopt the "take it" approach and directly learn from the trading framework of the PVP kings on the chain.
I selected 8 chain king addresses from the 7d yield ranking of the gmgn platform based on the two criteria of high yield and high number of transactions. Then I fed their transaction data to an AI Agent I created to analyze the transaction pattern of each address. The following are the analysis results:
Transaction mode of address 2zBoK
1. Trading time characteristics
Active hours: 24/7 trading
High-frequency trading characteristics: one transaction every 3-5 minutes
Position building rhythm: fast and batched positions
Position closing features: Step-by-step position reduction
2. Operational characteristics
Entry strategy:
Priority is given to new coins that are launched for the first time
Focus on high liquidity currencies
Capturing the bottom of market panic
Track the trend of hot currencies
Exit strategy:
30% profit quick return
50% profit halving position
100% profit clearing of floating chips
Reserve 10% for deep callback to cover position
3. Fund management model
Position control: Main position: 20-30% of total funds
Speculative positions: 5-10% of total funds
Margin Funding: 15-20% Reserve
Emergency liquidity: >30%
Transaction pattern of address 52dq6
1. Transaction frequency characteristics
High-frequency traders: 39.3 trades per day on average
Trading time distribution: All-day trading
Maximum number of consecutive transactions for a single project: 11 (CHAOS)
Trading interval: average 15-20 minutes/transaction
2. Target selection strategy
Focus on the token: CHAOS (multiple large transactions)
vvaifu (Continuous Trading)
BIOCHAD (High Profit Target)
GRIMES (High Volatility Target)
Trading characteristics: tend to be large market value tokens
Focus on high liquidity targets
Tracking hot currencies
Prioritize well-known projects
3. Money Management Strategy
Position control: Standard position: $300-500
Key Projects: $1000-3000
Trial position: $100-200
Follow-up investment position: $500-1000
Stop loss strategy: Quick stop loss: -15%
Normal stop loss: -30%
Maximum Stop Loss: -50%
Transaction pattern of address 4Ye7c
1. Transaction Characteristics
Trading rhythm: Concentrated trading period: 8-22 o'clock
Maximum number of consecutive transactions for a single product: 8
Average transaction interval: 15-25 minutes
The transaction frequency is stable and not affected by market fluctuations
Target selection: Focus on: altGz, degenai, SPOOKYKAT, etc.
Look for opportunities in mid-cap tokens
Prefer targets with better liquidity
Avoid very small market cap coins
2. Money Management Strategy
Entry Features
Initial opening amount: $500-1000
Conditions for adding positions: Add positions after the price rises by 10%
Add positions when volume increases
Increase your position after breaking through a key position
Position building rhythm: Complete the position building in 3-5 times
The single increase in position shall not exceed 50% of the initial position
The total position is controlled within 30%
Appearance characteristics
Profit taking: Start reducing positions at 30% profit
50% profit halving position
100% profit clearing of floating chips
Stop loss setting: Single stop loss: -15%
Total position stop loss: -25%
Forced liquidation when floating loss exceeds 30%
Address BieeZ's transaction mode
1. Transaction characteristics analysis
Target selection features:
Focus on tokens:TAY (consecutive large transactions)
TOKIDOKI (High Liquidity Target)
ruby (Batch position building target)
VITARDIO (High Volatility)
Transaction frequency characteristics
Ultra-high frequency traders
On average, one transaction is made every 6-15 minutes
A maximum of 5-8 consecutive transactions for a single target
Trading around the clock, no obvious time preference
2. Operation strategy analysis
Entry strategy
First warehouse characteristic size: $800-1200
Timing: Breakout or pullback
Method: Fast batch
Verification: Volume Matching
Increase position strategy profit increase: 10% profit level
Pullback to add position: 5-8% pullback level
Breakout and add to positions: key resistance level
Maximum number of positions: 3-4 times
Exit strategy
Take Profit Setting First Take Profit: 30-50%
Selling positions in batches: every 20% increase
Final profit: 150-200%
Keep position: 10-20%
Stop loss setting Single stop loss: -8%
Total position stop loss: -15%
Floating profit stop loss: retracement exceeds 30%
Time stop loss: 15 minutes without profit
Transaction pattern of address 2vfEa
1. Transaction characteristics
Target selection features
Core focus currency: DREAM (main trading target)
WOFAI (Secondary Transaction Target)
WIFE (Assisted Transaction Target)
ANTDOG (strategy verification target)
Trading strategy features
Concentration strategy is highly focused on DREAM tokens
Deeply involved in a single target
Long-term tracking and holding
Build and reduce positions in batches
Position Management Single Transaction Size: $500-2500
Maximum holding ratio: 60%
Increase ratio: 30-50%
Reduction ratio: 20-30%
2. Operation mode analysis
Entry Features
Initial position: Moderate size ($500-1000)
Open positions in batches (3-5 transactions)
Focus on price structure
Focus on volume
Adding positions strategy: Adding positions after breakthrough confirmation
Add positions when the market stabilizes
Volume and energy to increase positions
Add to position as trend continues
Appearance characteristics
Profit-taking strategy: segmented profit-taking
Keep core positions
Trailing Take Profit
Band Operation
Transaction pattern of address 57hdD
1. Transaction Characteristics
Target selection features
Extreme concentration on ZENO tokens
Deeply involved in a single target
Track the core target throughout the process
Avoid diversification
Trading rules and characteristics
Position opening characteristics Starting position: $200-500
Increase the position rhythm: increase once every 20% increase
Increase ratio: 30-50%
Maximum single transaction: around $2,000
Time distribution holding period: 4-5 days
Trading hours: concentrated in Asian time
Operation frequency: Observe every 1-2 hours
Decision-making speed: fast and accurate
2. Strategy Analysis
Entry strategy:
Price characteristics break through the previous high point
The volume has been significantly enlarged
The callback stabilized
Chips concentrated
Position building method: small position test
Add position after confirmation
Build positions in batches
Dynamic Adjustment
Exit strategy: Set up segmented stop profit
Rolling Hold
Reserve seed bin
Dynamic Adjustment
Stop loss design: Single stop loss: -10%
Total position stop loss: -20%
Floating profit stop loss: -30%
Time stop loss: No increase in 2 days
Address DVLTL’s transaction model
1. Transaction characteristics analysis
Target selection features
Transaction currency: WSOL (large transaction)
CLNKER (High Frequency Operation)
USDC (liquidity management)
EVE (Band Operation)
Operation mode characteristics
Fund management for large orders: $3,000-8,000
Trial operation: $80-300
Average holdings: $500-1,500
Liquidity reserve: >30%
Time Management Holding Period: 1-3 days
Trading interval: 4-6 hours
Observation period: Continuous monitoring
Decision time: Fast
2. Strategy Analysis
Entry Features
FundamentalsSelect Project Fundamentals
Liquidity Analysis
Funding direction
Market sentiment
Technical analysis to determine trend confirmation
Quantity and price coordination
Support and Resistance
Market Structure
Money Management Strategies
Position control Main position: 30-40%
Swing position: 10-20%
Trial position: 5-10%
Reserve: >30%
Risk Control Single Stop Loss: 15%
Total position stop loss: 25%
Floating profit protection: 30%
Composite risk: 40%
Transaction pattern of address 7sKVa
1. Transaction Characteristics
Operating style
High-frequency, small-amount, frequent transactions
Small amount of opening position
Quick Closing
Dynamic Adjustment
Multi-currency rotation
MOSHI (main force)
Maxwell Series
JUKEBOX
Roblox
Trading strategy features
Time Management 24/7 Trading
On average, one transaction every 13 minutes
Concentrated trading hours
Flexible Adjustment
Fund management single transaction limit: $200-400
Total position: <30%
Reserved funds: >50%
dynamic equilibrium
2. Strategy Analysis
Entry Features
Technical selection hourly breakthrough
Quantity and price coordination
Support pressure
Trend confirmation
Position building methodTentative position building
Add positions in batches
Dynamic Adjustment
Stop loss in time
Exit strategy
Set the gradient stop profit
Band Closing
Trend Following
Dynamic Adjustment
Stop loss control Single stop loss: 10%
Intraday stop loss: 20%
Total position stop loss: 30%
Time Stop: 2 hours
We can see that these MeMe coin chain kings show very diverse transaction patterns, each with its own unique advantages:
-- High-frequency trading (4Ye7c, 7sKVa):
Advantages: Seize more short-term opportunities
Challenge: Strong execution and system support are required
-- Value investment type (DVLTL, 57hdD):
Advantages: Risks are more controllable and stress is lower
Challenge: Requires strong patience and research ability
-- Balanced (BieeZ, 9X2hv):
Advantages: Better risk-return ratio
Challenge: Requires a balance of multiple capabilities
The above is an analysis of the trading patterns of the kings on the meme chain, but given the limited sample size and short time period, we cannot yet determine whether their success is due to their luck or their trading patterns.
Finally, some additional data is provided. The correlation between pool size and market value is 0.83, and the average daily trading volume/pool ratio is: 0.73.
There are three characteristics of high-value meme coins: reasonable pool ratio (30-60%), stable trading activity, and healthy coin holding distribution (top 10 holdings are between 10% and 15%).
The end.
