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RULE NUMBER 1
GOT A SNIPE BOT AND HYPE NAME DETECTOR (FOR THESE BOT YOU CAN DM ME HERE
SNIPE BOT: BUYS IN MILLISECONDS WHEN THE COIN LAUNCHES
HYPE NAME DETECTOR: DETECTS COINS WITH A LOT OF HASHTAGS ON TWITTER AND TELEGRAM MEMBERS
FOR THESE BOTS YOU CAN DM ME HERE
LETS GO TO THE GUIDE
Below,I'm going to outline some useful tools to help filter through the noise to hopefully find those shitcoins that can go 100x+
1)I tend to ape coins sub 200k mc and less than a few hours old, to do this you need to snipe listings
2) If you see something that grabs your eyes then look at the contract on bscscan, check the following: - contract verified (green tick next to contract) - Liq locked - Source of funds - Ownership renounced - Distribution - Top holders and their other bags - Tax - Dev wallet
3) Contract verified allows u to go into the contract and read it on etherscan, often socials such as TG, Twitter & website will be in here, if so join them and see who follows or who is already in there and make a judgement call if u like what you see. If TG is muted likely scam
4) Click into the contract creator wallet on bscscan to see what actions the dev has taken
5) Other actions to look out for, adding liq - how much and is this sufficient? Setting max wallet or max trans - ensure you are trying to buy within these parameters. If you have found the contract pre trading u can ape as soon as the enable trading command is processed
6) From the contract creators wallet go onto transactions and trace back to the first transaction to see where the dev sourced their funds, was it a cex or another wallet? Sometimes this will show in internal transactions as it was tornado cash (often a red flag)
6) Holders and distribution - if you click into the contract you are looking at you will be able to click holders and see the distribution - you don't want one wallet holding more than a couple percentage of supply as then u r relying on them to be friendly whale
7) Sometimes there will be bigger wallets, these could be dead wallets, team wallets or marketing etc, ensure you understand what they are and if they are vested etc - don't be scared to jump in the TG or discord and ask questions. Any legit project will be able to explain
8) Once I have done these manual checks you can do some automated checks on tools like: honeypot checker: https://honeypot.is/ tokensniffer: https://tokensniffer.com disco bot: https://discord.gg/n5scyCUd Paste the CA into these and it will provide you with information
9) Honeypot checker will tell you if it's a honey or not and the tax on buys & sells (sometimes this can be wrong if you're pasting before liq is added etc). Tokensniffer goes more in depth, the score out of 100 should be taken with a pinch of salt but the info can be useful
10)@discobot3
join the discord and turn on notifications on twitter, this bot filters out projects on uniswap - it has an all listing which has all listings kek then a filtered listings which it shows if it passes their parameters, it also lists other blockchains
11) Again, discobot isn't always correct and sometimes scams slip through the filters, so please remain vigilant, the all uniswap channel often explains why it didn't pass their filters - see below, malicious contract and dupe contracts etc
Edited by jErome1758, 18 May 2023 - 08:22 PM.
