Hanzo ㊗️ Profile picture
Aug 27, 2024 16 tweets 5 min read Read on X
Strong holders = token success.

Some holders can move mcap to $100M.

You can find and analyze them using 1 tool.

How to find only 100x plays by analyzing holders 🧵👇 Image
Don't forget to like & repost the tweet above, if you support my work. Image
Most of the success in trades relies on token research.

And analyzing holders plays a key role in it.

So today I will teach you how to analyze them to make your first huge play.
First, you need to analyze the dev of the token.

He also wants to make money, but the amount he holds needs to be sane.

If token just released: <5%, more than 5 days: <1%.

It's also suspicious when the dev holds way too little. Image
To find the dev wallet look for "Creator" in the holder's tab.

Open up the wallet in Tronscan and look for outgoing txs.

As he may distribute tokens to other wallets.
The second big sign is whales who hold the token.

As if there are many of them, they can dump the token anytime they want.

Just check the wallets that hold the biggest % than others.

The Top 10 holders should always be less than 25%. Image
Also, besides looking for whales of the token.

Look for wallets with big portfolios that entered on that token.

Cause if they have $200k+ in their wallet, they prolly won't enter scams.
By analyzing the token holders you will already know if the project is decent or not.

But to enter the deals faster and by best price you will need a trading bot.

I recommend using NFD bot: t.me/nfd_tron_trade…
Image
And the last and the most crucial type of wallets are insiders.

There are 2 types of insiders that are present in projects.

1) The ones who buy by insider info
2) The ones who got distributed by dev for free

And I will explain which is good and which is bad.
1) The ones who buy

These insiders receive info about tokens in their early stages of growth.

They deposit a certain amount providing great volume for the start.

Although they make a nice buck, their presence is good for token maintenance. Image
2) The ones who got tokens for free

I already told you that devs want to make money from tokens.

But instead of sharing profit with his team, they mostly distribute tokens to them. Image
That causes several serious problems.

At the start, they provide no volume to the token, which can make its growth way harder.

And when the token reached decent MC, these wallets mostly instasell, dipping the price hardly.

Try to avoid tokens with these types of wallets.
I share more trading advice in my tg channel.

P.S. going private soon...

Make sure you are in 👉 t.me/defi_hanzo
Image
To find and determine them we will need another service, as Sunpump lacks holder info.

➱ Head to
➱ Find the token by ticker
➱ Navigate to Top Traders
➱ Sort out by unrealized profit

That will show who holds the most tokens and their PNL. dexscreener.com
Then pin any wallet from the list and click on the wallet name to open it up in Tronscan.

Look for incoming token tx, then look for outgoing TRX tx, if there are none the tokens were added.
If you found this thread good, make sure to:

➱ Follow me @DeFi_Hanzo for more tips.

➱ Like & repost and leave a comment.

I appreciate it a lot.

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