Original | Odaily Planet Daily

Author | Nanzhi

Yesterday, Scopescan announced the launch of its AI trading assistant Scopechat, whose features include "get detailed analytical trading reports for any crypto token; discover the latest trends and popular tokens; ask any Web3 questions and get answers quickly."

The Scopechat initialization interface recommends four types of questions:

  1. Tokens: key information of tokens, trading signals, distribution of holders, price history, and transfers in and out of exchanges;

  2. Project: basic project information, relevant addresses, financial information, on-chain indicators, abnormal indicator changes, TVL;

  3. Wallet: potential risks of wallet addresses (based on historical transactions), token holdings of specific addresses, operational changes, fund flows, and associated addresses;

  4. Rankings and statistics: 30 tokens with the largest increase in the past 24 hours, top smart wallets in recent times, ten addresses with the largest gas consumption, ten tokens with the largest DEX trading volume, and top ten tokens with the largest unlocked volume in the last month.

Next, Odaily Planet Daily will test issues closely related to users’ daily operations and examine the advantages and disadvantages of Scopechat.

Token Query

TROLL trading signals and basic information

Scopechat answered as follows:

  • Bullish signal

Centralized Exchange Deposits and Withdrawals: Over the past week, exchanges have seen a net outflow of $19,432 worth of TROLL. This could indicate bullish sentiment as investors move tokens to wallets for storage. The average withdrawal price of TROLL is 0.0 {7} 707 USDT. MA: The current TROLL token price is above the moving average (MA), and the MA is trending up, which could indicate a bullish market trend.

  • Bearish indicators:

Smart Money Signal: Over the past 7 days, 216 Smart Money addresses have purchased 121,337,125,383,484.5 TROLL tokens at an average price of $0.0 per token. However, they have sold 89.264% of the TROLL they bought, making a gain of 140.47%. This may indicate a bearish bias among smart money investors.

Bollinger Bands: The current TROLL token price is above the upper Bollinger Band, indicating that the market is potentially overbought and there is a possibility of a short-term reversal or pullback.

RSI: Currently the RSI is 98.38, the market may be considered overbought and a correction may be imminent.

  • Where to buy:

CEX: The centralized exchanges with the highest TROLL trading volume are HTX and BingX.

DEX: Uniswap V2 (Ethereum) has the highest volume among DEXs with a 24h volume of $28,226,278.85.

In summary, Scopechat can give certain on-chain indicators and provide relatively detailed basic data, which is helpful for transactions.

The provided charts are interactive and the data can be switched (CEX, DEX, transfer; multi-dimensional time; multi-chain).

However, Scopechat uses traditional technical analysis indicators (ineffective for Meme), data errors (average purchase price is $0.0), etc.

Give a list of tokens with relevant meme narratives

After asking the previous question, Scopechat indicated that the questioner might be conducting due diligence or logical support for the transaction, so it recommended three questions: "Summary of TROLL", "Give a list of tokens with related Meme narratives", and "Major transactions of TROLL". Question 2 was selected here, and Scopechat gave a very comprehensive list of Meme tokens.

But the more accurate answer here should be the "Musk's call concept", which Scopechat failed to effectively identify.

Which centralized exchanges have listed TROLL?

Scopechat’s answer: The following figure shows the deposit and withdrawal data of TROLL, an Ethereum token. Exchange deposit and withdrawal statistics can reflect traders’ sentiment towards a particular token. More withdrawals may mean long-term holding, while more deposits may mean an intention to sell. It is important to correlate it with other indicators to confirm the connection between trends and sentiment.

This data is of certain significance for transaction analysis, but for this specific question, Scopechat identified the problem incorrectly. As of the time of posting, several CEXs including Bitget and BitMart have listed TROLL.

Project Inquiry

What are the abnormal changes in the indicators on the Blast project chain?

Scopechat said: "If I understand correctly, you are looking for abnormal on-chain activity of Blasts. I have selected some indicators to measure abnormal behavior, and the specific rules can be found here. The following shows the recent abnormal on-chain activity of the Blast project on the Ethereum chain."

The changes are answered as follows:

Users can further trace the activities and plans of the project itself according to the changes in data to make further judgments on the project. However, several problems arise here:

  • Although Scopechat provides a link to the anomaly rules, the link does not actually exist.

  • The definition is unclear and no specific source date is given for the data.

Why is the price of PENDLE rising rapidly? Are there any abnormal data in the protocol?

The original text of the first question was "why did PENDLE price surge? any unusual data?", and Scopechat gave a price chart. In the second question, the abnormal data of the "project" was emphasized, and Scopechat used the same template in the previous section to answer.

Wallet Query

Wallet risk query

The following are the officially recommended query questions. Scopechat stated that the address is linked to a malicious address, so there is a risk.

In addition, two reported stolen addresses were searched from the X platform. Scopechat showed no risk found for one of the addresses, and the other gave a conclusion similar to the official recommendation.

It can be inferred here that Scopechat's risk assessment is to identify and prompt situations where interactions with malicious addresses have occurred, but generally speaking, if the interaction has already occurred, the theft should have also occurred, which is of little significance.

Information on the top 10 tokens held by KuCoin

This question is an officially recommended question, but Scopechat said for the first time that there was no relevant information.

After entering the same question again, Scopechat said that it had the following data based on Adot (another Web3 AI query engine).

The above data is obviously not correct. Based on Arkham, the main tokens held by KuCoin entities are as follows:

Ranking query

Ethereum's best performing tokens recently

Scopechat directly gives a list of tokens, ranked in descending order of profitability. According to the form, it is estimated that the average profitability is calculated based on the average entry price and current price of smart wallets. However, the profit amounts are relatively small, so their reference value is questionable.

Smart Wallet Address on Ethereum

Most of the smart wallet addresses given by Scopechat traded tokens such as TROLL and SMILEY, which is in line with the current hot token situation. However, the wallet that recently reported that TROLL made a profit of over one million US dollars was not among them.

in conclusion

In summary, Scopechat has certain advantages in tracking data on its own business chain. Users can use Scopechat to extract and transform multi-dimensional on-chain data, and the overall data displayed is also relatively detailed and easy to use. The performance is good, and various questions can usually be summarized and answered within 30 seconds.

On the other hand, based on the evaluation of the above issues, it can be preliminarily concluded that Scopechat still has problems such as insufficient natural semantic processing capabilities, insufficient accuracy, and limited depth.