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The introduction article mentioned how to find new Meme coins, analyze and filter, and manually trade, providing a certain reference for newcomers who want to play Meme coins on the chain.
This article is an advanced article, which mainly focuses on using indicators to filter Meme coins, using website/Telegram Bot automatic trading and limit price orders to help everyone further use the GMGN tool to improve transaction speed and security.
GMGN website:
https://gmgn.ai/
01Advanced filtering of Meme coins using GMGN metrics
In the entry-level chapter, we have analyzed the ideas of scanning the chain and judging potential Meme coins. Specifically, we must judge whether to buy based on hot topics, narratives, market value, community and market trends.So how to quickly scan the links and filter safe tokens from the indicator perspective on the GMGN token board?
Follow the “Sniper New Coins” section in the lower left corner of GMGN. After discovering the new token, click to enter the token trading interface for detailed analysis.
First, look at the indicators in the lower right corner:
Liquidity pool size:Ideally, the liquidity pool should be above 100 SOL.Although it can also participate in this value (such as dozens of SOL), it is more risky because it is easily affected by large investors’ smashing of the market.However, we must also be wary of some scammers using the big pool to mislead users.
Real number of transactions:Observe the real number of transactions after the opening.If the number of transactions exceeds 60 within 1 minute, or more than 600 within 5 minutes, it means that the token is relatively safe.Make sure these transactions are real, not to brush volume.
Mint permission discarded:If the project party has discarded the permission to issue additional tokens, it is relatively safe.This means that they cannot issue additional tokens at will, thereby reducing the risk of smashing the market.
blacklist:Confirm whether the project party has the right to block any wallet.If “no”, it is relatively safe; if “yes”, there may be risks, because this means that some users may be restricted from selling tokens.
Burn the pool:Check whether the liquidity pool (LP) is burned.The higher the burn rate, the lower the risk.100% of the burning means that the project party cannot withdraw funds, which is the highest security.If the LP is not burned, there is a 60% chance that “rug pull” will appear (i.e. the developer suddenly withdraws funds).This step is the key to judging project safety.
Top 10 positions:Observe whether the total holdings of the top 10 coin holders are less than 30% of the total supply.If so, it means that the token holdings are diversified, reducing the risk of a single large-scale investor manipulating the market.
Secondly, look at the position indicators below the intermediate K-line:
Monitor rat warehouse:Observe whether there is a rat trading phenomenon. The lower the ratio of rat trading, the better.A high proportion may indicate that the project party is manipulating the market and increasing investment risks.It is recommended that the ratio of rat trading should not exceed 20%.It is usually a more ideal situation if there is no rat trunk at all.
Finally, check out the metrics above including social media and snipers:
Analysis of big players sniping:If a large number of investors quickly intervene at the opening and the liquidity pool is shallow, there is a 90% chance that the price will plummet, so caution is needed.
Through the above indicators, safe and investment potential can be screened out more effectively, reducing risks and improving success rate.
02Advanced transactions using GMGN website
How to trade after selecting potential tokens?The tutorial for Xiaobai has carefully introduced the GMGN trading system and simple manual buying/selling operations in the previous article.This advanced tutorial mainly revolves around price limit trading and automatic trading.
Enter the token address in the GMGN search box, or directly filter the tokens you think have potential on the GMGN token board, click to enter the token trading interface.
Bind TG Wallet: On the right side of the token trading interface, click “Bar at the bottom”, go to the Telegram robot and bind your TG Wallet.
Create a limit order using the GMGN website
Set up pending orders:
Return to the GMGN website and click on the bound wallet.
Click “Bake the Bottom”, and then enter the purchase quantity, slippage and anti-clip settings.
Create a pending order: Click “Create pending order to buy” to successfully complete the limit pending order.
The same is true for selling orders. Click “Auto Sell” to enter the parameters such as quantity, slippage and anti-clip, and click “Create orders and sell”, and successfully complete the limit order.
03Advanced trading with Telegram Bot
Compared to placing orders on the website, there is also a more convenient and fast way to trade: use Telegram Bot.When you send the token contract address to the Telegram robot, the robot will automatically purchase it according to the preset conditions, or automatically sell the tokens according to the preset value, without any other operations.How to achieve it?
First, add GMGN Telegram sniper robot as a friend.
https://t.me/GMGN_sol_bot
1. Use Telegram Bot to buy at a limited price
Send a contract:Enter /start in TG sniper robot, select “Buy”, and enter the token contract address.
Set up pending orders:
After entering the contract, select the “Please Order” tab.
Set the quantity of SOLs to purchase, you can customize the quantity or use preset values.
Set the trigger price, which can be a specific price or percentage, and select the validity period of the pending order (such as 6 hours, 24 hours, 2 days).
Complete the order:Click “Create Pending Order” to successfully set a price limit to buy.
2. Use Telegram Bot to sell at a limited price
Send contract:Enter /start in TG Sniper Robot, select “Sell”, and enter the token contract address.
设置挂单：
After entering the contract, click “Please Order” and select the “Please Order Sell” area.
Set the quantity ratio you want to sell, or you can customize the quantity or use preset values.
Set the trigger price: Set the trigger price, which can be a specific price or percentage, and select the validity period of the pending order (such as 6 hours, 24 hours, 2 days).
Complete the order:Click “Create Pending Order” to successfully set a price limit to sell.
3. Use Telegram Bot to buy automatically
Set up automatic buying:
Enter /start in the chat and select Settings to enter the automatic buying option.
Click “Open Automatic Buy” and set the number of SOLs for each transaction.
Set the minimum amount limit for token pools to ensure that it will be automatically bought only if the pool is larger than that value.For example, entering 2000 means that the purchase will only be triggered when the token pool exceeds $2000.
Set the maximum limit on market value to ensure that only tokens with market value below that value are purchased. For example, if you enter 200,000, it means that the market value is less than $200,000, you will only buy it.
Perform a purchase:Once the setting is completed, send the token contract address to the robot, and the robot will automatically purchase according to the preset conditions.
4. Use Telegram Bot to sell automatically
Set the automatic selling preset value:
Enter /start in the chat, and select “Settings” to enter the autosell settings, or send /autosell directly.
Click “Open Automatic Selling” and add a preset pending order.
Configure stop loss and take profit orders:
Stop loss form: Fill in the negative percentage (for example, -30% means automatically selling when the price drops by 30%), and set the proportion of the number of sells (not more than 100%).
Take Profit Order: Fill in the positive percentage (for example, 30% means automatically selling when the price rises by 30%), and it is recommended that all sold quantities add up to 100%.
Execute Sell: Once the configuration is completed, the robot will automatically create a take-profit and stop-loss limit sell order with an expiration period of 24 hours.
04Summarize
Through these advanced operations, the GMGN platform and Telegram sniper robot can be used to efficiently screen, automatic trading and limit ordering operations of meme coins, thereby improving transaction speed and efficiency.
It should be noted that all Telegram bots face the problem of private keys being server hosting, and GMGN bot is no exception, so try not to put too many bullets in the bot. If you make money, you can transfer it to the exchange or your own chain as soon as possible.wallet.
Recently, the on-chain activity is very high. Bitcoin is rushing to 100,000 yuan, and the Meme track is also constantly staging the myth of making money.
Being a novice is very easy to develop FOMO emotions and can understand them.But I still remind everyone again that every day, hundreds of thousands of Meme coins will appear on the chain, most of which will return to zero. The probability of running out of the Golden Dog (10 million/100 million market value) is extremely low, let alone going online, not to mention large-scale onlineExchange.
In short, the higher the returns and the higher the risks, please be responsible for yourself!
