Some people may be able to make millions from PEPE with an investment of just a few hundred dollars.
However, ordinary people like you and me have never seen the emergence of PEPE. They will not dive until it is already too high. If you enter the market later, you will become a leek for them to slaughter.
So, how can we find these coins before they are about to be pumped?
I found a free tool and I'm going to show you a simple three-step process on how to use it. Assuming you are patient enough to read the next six or seven minutes, I will also teach you how to use a tool that will really enhance your ability to find new alpha projects.
PEPE turns people into real millionaires in a matter of weeks. So, how do we find these coins?
The answer is, you can't find it. No matter how good you are at fundamental analysis, these coins will not show up in any fundamental analysis.
So what do we do?
We need to identify those with inside information who are buying into these tokens before the general public even hears about them.
If we can track these wallets, then we also have the potential to do something very special. Now, what we have to do is: First, we enter the CoinMarketCap official website and select PEPE (you can also choose any coin you want. Think about the coins that have experienced a sharp rise in the past few months). We want to find someone who knows better than we do.#PEPE
As far as I know, Pepecoin had an amazing rise between April 27th and May 6th, 2023. In just one week, its price increased 1,000 times. And about a few days before the price increase, the price of PEPE was quite stagnant and trading sideways. So, what do we need to do?
So, what do we need to do? We need to go back a few days before the pump and copy the Ethereum contract address from here. You can look for any Ethereum-based token in the top 50 that has experienced significant gains. Copy its contract address.
Then come to the data analysis tool Token Analyzer. Here, paste the token address where required and paste the number of days before today (here we are looking at April 25, 2023, which is 226 days ago). What we are searching for is the data near the bottom in front of the pump. Select the Ethereum chain and click Enter.
As shown, 243 wallets were created today, for a total of 295,205 new wallets. When looking at coins that are already booming, pay attention to the number of wallets being created. If you see a high number of wallets being created, then it is likely that it is too late to invest.
Now moving down to the "Top 100 Trades Ranked by Estimated Profit" section, we want to ignore the popular trades from MEV bots that participated in the front-running activity. Instead, we are looking for contract addresses associated with real people. We should be able to find examples of wallets that made decent profits but didn’t necessarily stick with the entire pumping process.
On April 30, 2023, one of the top wallets made $5.251 million.
If we go back to CoinMarketCap, we see that April 30, 2023 was right before the rise. This person knows something that others don't and they take profits at the right time. This illustrates the role of smart money. Click on the wallet address to see if it is a Mev bot. As shown in the picture, this is a real person.
To further analyze wallet holdings, you can use Debank, another very useful free tool.
Paste the person's wallet address in and you can see the wallet's current holdings. Although this person made $5 million on PEPE, the currency they currently hold in their wallet. Although the amount may not be much, you can follow this wallet, monitor the strategy and invest some coins.
Below you can see all these assets. So, what we can do is create an account and then set a notification bell.
This way, every time he makes a trade, buys or sells, I get a notification on my phone. For example, if he bought PEPE, I would know immediately. If the wallet you're tracking has a large investment in a coin you've never heard of, it'll at least be on your radar and it's worth considering.
Something else we can do on debanks is look at the "whales" section to be comprehensive.
You can find the assets held by large companies from the list. They may not have any particularly high-risk assets given market conditions. But from now on, you have to follow the big money, because they will let you know about some opportunities that you may not know about.
Now, I show you another very useful tip - on the http://dune.com website, you can search for VC trackooor in the upper right corner and click on the first one. You can see "Venture Capital", which represents large sums of money to purchase various projects.
In this section, you can find venture capital portfolios - these are large companies that buy projects. Best of all, the latest balances of these venture capital firms can be seen. Balances range from a few million dollars to hundreds of millions of dollars. Also view their 30-day balance.
Just look at the performance of one of these companies, Wintermute Trading, which is up 40% in the past few days. Let's take a look at its portfolio. The total portfolio value is $45 million. The most important thing here is that you can see their current holdings.
Keep in mind, however, that these levels of investing may be beyond your current ability to manage, but the insights gained from tracking these large companies are invaluable.
So what we learned today is that in the dynamic space of cryptocurrency investing, stories of massive gains and missed opportunities highlight the need for innovative strategies. In discovering high-potential coins, we need to navigate the mystique of early adopters and smart money.
This article offers a glimpse into the brewing world of cryptocurrency wealth by revealing the tools and techniques for monitoring wallet activity, tracking venture capital participation, and following in the footsteps of those with insider information. With these unconventional strategies, investors can redefine their approach to investing and position themselves to capture the next wave of explosive growth before the rest of the world realizes what cryptocurrencies are building.
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