Recently, I organized a set of insights on using GMGN, specifically for friends who want to seize early Memecoin opportunities. If you don’t jump in right away, you basically miss out on any chance of getting rich quick.
Let’s start with two basic features—chain scanning and Twitter scanning. The former can monitor newly deployed contracts on-chain in real time, while the latter directly captures social media hype. Using both together doubles the efficiency. After spotting a hot trend, don’t rush in blindly—first search for projects with the same name. Often, there will be several projects fighting for traffic under the same name, so you need to figure out which one is the real deal.
Also, pay attention to KOLs who truly have an eye for the market. Having a lot of followers doesn’t necessarily mean they’re reliable—look at their track record. If you miss out on the leading coin, don’t panic. The second and third runners-up often have catch-up opportunities, but the key is to react quickly.
The most effective move is tracking smart wallets. Those addresses that can accurately snipe 100x coins early on—their moves are the wind vane. On GMGN, you can directly check these whales’ holdings and trading records. Copying their moves significantly increases your chances of success. Once you’re familiar with the tool, you’ll at least avoid a lot of pitfalls.
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ShitcoinConnoisseur
· 12-12 10:41
Following the clever money to copy their moves is indeed a smart tactic, but only about one in a thousand actually manage to make a profit.
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LiquidityWhisperer
· 12-11 00:36
I've used the trick of tracking smart wallets before, and it really helps avoid a lot of pitfalls.
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LiquidatorFlash
· 12-09 20:56
Copying trades from smart wallets? Once the liquidation risk threshold is triggered, it’s game over. I’ve seen this logic too many times.
Did you calculate your leverage before going all-in? Don’t end up becoming someone else’s liquidity.
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RugPullProphet
· 12-09 20:55
To put it simply, it's about who reacts faster. I think most people still can't react in time.
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MemeEchoer
· 12-09 20:37
Copying the smart money is indeed a killer move.
But honestly, most people are destined to be exit liquidity.
There are opportunities in the second and third tier coins, but if you react one second too late, it's gone.
GMGN is a good tool; ultimately, it's all about speed and mindset.
There are a lot of traps in coins with the same name, so keep your eyes open.
Very few people actually get rich quick by aping in early—don't get fooled.
Those who really make money are silent; they don't brag everywhere.
Searching Twitter for trending topics is still reliable and definitely efficient.
Tracking whales' holdings is a shortcut, but don't blindly go all in.
If you ask me, mindset is even more important than tools.
Recently, I organized a set of insights on using GMGN, specifically for friends who want to seize early Memecoin opportunities. If you don’t jump in right away, you basically miss out on any chance of getting rich quick.
Let’s start with two basic features—chain scanning and Twitter scanning. The former can monitor newly deployed contracts on-chain in real time, while the latter directly captures social media hype. Using both together doubles the efficiency. After spotting a hot trend, don’t rush in blindly—first search for projects with the same name. Often, there will be several projects fighting for traffic under the same name, so you need to figure out which one is the real deal.
Also, pay attention to KOLs who truly have an eye for the market. Having a lot of followers doesn’t necessarily mean they’re reliable—look at their track record. If you miss out on the leading coin, don’t panic. The second and third runners-up often have catch-up opportunities, but the key is to react quickly.
The most effective move is tracking smart wallets. Those addresses that can accurately snipe 100x coins early on—their moves are the wind vane. On GMGN, you can directly check these whales’ holdings and trading records. Copying their moves significantly increases your chances of success. Once you’re familiar with the tool, you’ll at least avoid a lot of pitfalls.