Original | Odaily Planet Daily (@OdailyChina)
Author｜Nan Zhi (@Assassin_Malvo)
"Another 1,000-fold Golden Dog appeared tonight", "You missed a 100-fold return if you took a nap", I wonder if you have ever had this experience, the Golden Dog always sneaks up when you are not around, and by the time you react, the market value has exceeded eight figures. So, when are the Golden Dogs most frequent? Do you have to be online during this time to have a chance? Odaily will review it in this article.
When does the Golden Dog appear?
We first take the top 1,000 tokens from Pump.fun as the research object, and get the token creation time points as follows. The creation time point 0 is equal to the creation time of the token from 0:00 to 1:00 Beijing time, and so on. It can be clearly seen from the figure that after 21:00 in the evening, the frequency of Golden Dog jumped from 2% to 4%, and continued to rise, reaching a peak between 3:00 and 6:00 in the morning, and then fell back to 2%-3% in the morning.
In order to verify whether this rule is correct, we expanded the research objects and added tokens with a market value of TOP 200 and a market value of TOP 2000. For a more intuitive representation, a histogram is added as follows. It can be seen that for the TOP 2000 tokens with market value, the frequency of Golden Dogs still begins to increase significantly after 21 o'clock, and it also has a significant advantage from 3 to 6 o'clock in the morning.
Is there still a chance if I miss the night?
It is difficult for most users to buy stocks in the early morning, so if you miss the first wave in the early morning, you will have no chance? The author counted the intervals between the creation of the TOP 20 tokens and the peak of the first wave, and the results are shown in the figure below. It takes an average of 52.7 hours to ferment to the peak of the first wave, and an average of 58.7 days to reach the current TOP 20 status. It can be seen that even if you miss the opening, there is still enough time to get on board.
(Note: Since there is no objective statistical method for the first wave high point, the high point time here is obtained by the author's subjective judgment. It is usually the turning point when the price drops by more than 50% after a continuous rise, or the turning point when the price rises by more than 100% in one hour and then flattens out.)
Data Source
The pump market capitalization ranking can be obtained through the pump front-end API (https://frontend-api.pump.fun/coins?offset=0limit=50sort=market_caporder=DESCincludeNsfw=true), including more than ten pieces of information such as token address, symbol, creation and end time, etc. The TOP tokens can be obtained through this API. The author has tested that the top 2050 tokens in terms of market capitalization can be obtained.
For tokens that are not in the ranking, the creation time can be obtained through the front-end API (https://frontend-api.pump.fun/trades/all/{token}?limit={limit}offset={offset}minimumSize=50000000). The last transaction of this API is the first buy transaction of dev, and the creation time of the token can be obtained through this transaction.
