difference

I am talking about token manipulations on Dexscreener.
Most meme coin statistics are fake.
Discover the techniques devs use to generate millions in fake trading volumes to attract and scam you
This thread is divided into two parts.

In Part ①:
We will talk about how developers can distort token statistics for their own benefit.

In Part ②:
We will look at methods for detecting such manipulations so that you can be protected from fraud.It all starts the moment you check out resources like:

· dexscreener
· DEXToolsApp

Tokens are usually arranged from the highest to the lowest volume, showcasing the most active ones upfront.
These tokens gain maximum exposure, boosting their likelihood of being bought by retail investors.

Volume and the number of holders are crucial indicators that elevate a token's position on these sites.
It's wise to consider these factors before buying in.
Yet, often these figures are artificially inflated.
How is this happening? Let's find out!

Part ①

There are different approaches to artificially inflating the number of holders and trading volume:
➬ Individual buy/sell actions (least effective)
➬ Collaborating with friends (moderately effective)
➬ Using thousands of wallets to automate the process (most effective)
The third method is the most popular choice for devs.
Yet, this technique demands
• Servers capable of running automation scripts around the clock
• A node validator to ensure smooth network traffic
• Funds to support the required transaction volume

In the past, this setup was exclusive to developers, but that's changed.
Today, public Telegram bots have made it accessible for anyone to mimic holders and volume with minimal effort.
It's a simple process: pick a package and easily set up the bot on Telegram.
Take, for example, a bot package priced at 9 SOL that delivers 1,444 wallets and allows 3 transactions/minute.
Alternatively, the 60 SOL option grants access to 4,332 wallets with a capability of 14 transactions/minute.

These operations fly under the radar on bubblemaps since the wallets aren't connected.
Plus, setting up the bot is a breeze:
• Start the Telegram bot
• Enter the token address
• Confirm by sending the payment to the designated address

Now you see the truth?
I'm not promoting a service here or trying to get you to use this thing.
Instead, I'm illustrating just how simple it is to alter these figures.
The straightforward nature of this manipulation reveals why it's so popular — there are practically no technical obstacles in the way.
Now let's talk about how to recognize this manipulation so as not to be misled.

Part ②

Understand that uncovering these tactics with tools like Bubblemaps is almost futile since the wallets involved are independent and typically not newly generated.
The same wallet could be employed to inflate volume across various meme tokens.
An approach that has proven to be both simple and beneficial is evaluating the related Telegram group.
Big trading volume should correspond to big Telegram engagement.
When the Telegram group lacks activeness (fewer messages per minute), it generally indicates the volume is being artificially boosted by bots.
Allow me to add this: you can spot a manipulative trade by examining the buy and sell actions on dexscreener beneath the token chart.
Typically, bot transactions repetitively involve the same dollar amount.
One could argue, "The Telegram group itself might be swarmed with bots," and that wouldn't be wrong.
Yet, detecting a botted Telegram group is far simpler than recognizing artificial trading volume.
Telegram bots often give themselves away with their predictable messages and profiles.
I hope you've found this article helpful.
Follow me @Bluechip for more.
Like/Repost the quote if you can.
#Binance #Bitcoin #DeFi #BNB #Solana⁩